Vietnamplus

Minister of Planning and Investment Nguyen Chi Dung has submitted a new airline project to Prime Minister Nguyen Xuan Phuc for approval.

Minister of Planning and Investment Nguyen Chi Dung held talks with Deputy Prime Minister and Minister of Planning and Investment of Laos Sonsay Siphandone in Hanoi on December 23 to review cooperation between the two ministries over the past years and seek ways to boost ties next year.

Minister of Planning and Investment Nguyen Chi Dung has said authorities are considering the allocation of 1 billion USD for the sustainable development of the Mekong Delta to cope with climate change.

Vietnam has focused on the development of artificial intelligence (AI) – a spearhead projected to become the most breakthrough technology in the next 10 years.

A symposium was held in Hanoi on December 6 to discuss and collect opinions on policy recommendations by development partners of Vietnam for the building of a socio-economic development strategy for the 2021-2030 period.

Prime Minister Nguyen Xuan Phuc held talks with President of the Republic of Korea (RoK) Moon Jae-in in Seoul on November 27, during which they discussed orientations and measures to enhance relations between Vietnam and the RoK.

The Republic of Korea (RoK) and five member states of the Association of Southeast Asian Nations (ASEAN) on November 25 signed a memorandum of understanding (MOU) on boosting development cooperation.

The 14th National Assembly’s eighth session approved the draft revised Labour Code during its 23rd working day in Hanoi on November 20 under the chair of NA Chairwoman Nguyen Thi Kim Ngan.

The National Assembly discussed the draft law on investment in the form of Public-Private Partnership (PPP) in the morning of November 19, the 22nd working day of the NA’s 8th session.

The nature of Public-Private Partnership (PPP) projects is sharing risks between the State and the private sector, therefore a detailed audit framework should be developed.

Vietnam was placed 67th out of the 141 countries in the Global Competitiveness Report 2019, up 10 places compared to its 2018 ranking and also up 3.5 points, which are the fastest increases in the world.

The National Assembly acknowledged and highly appreciated the outcomes achieved in implementing the NA’s resolutions on socio-economic development and State budget in 2019 during a live-broadcast discussion on October 31.

The National Assembly Standing Committee spent the whole day discussing reports evaluating the implementation of the socio-economic development plan and State budget in 2019 during the ongoing 38th session in Hanoi on October 15.

Developing the collective economy must follow the market principles. Experiences show that support policies which do not follow these will fail.

Prime Minister Nguyen Xuan Phuc stressed that developing the collective economy must start from people’s demand, during a teleconference in Hanoi on October 14 reviewing the 15-year implementation of the resolution on renewing, developing and improving the efficiency of the collective economy and cooperatives.

Deputy Prime Minister Vuong Dinh Hue highlighted that the collective economic sector has escaped from the prolonged weakness while addressing a forum in Hanoi on October 14.

Prime Minister Nguyen Xuan Phuc, on October 1, chaired a meeting of the 13th National Party Congress’s sub-committee on socio-economic affairs.

Budget disbursement of under 50 percent have been seen in 31 ministries and sectors as well as 19 localities, and even less than 30 percent in 18 others.

The Government Office, the Ministry of Planning and Investment and the US Agency for International Development (USAID) launched the USAID Linkages for Small and Medium Enterprises (LinkSME) in Hanoi on September 24.

There would be no success if no effort is made to renovate the mindset, actively build economic development methods, and reform mechanisms and policies, said Minister of Planning and Investment Nguyen Chi Dung.