Sub-project approved for upgrading Nha Trang – Sai Gon railway section Business

Sub-project approved for upgrading Nha Trang – Sai Gon railway section

The Ministry of Transport (MoT) has approved an investment worth nearly 1.1 trillion VND (over 47 million USD) for a sub-project to upgrade the Nha Trang – Sai Gon railway section, which is part of the project to renovate and upgrade the Hanoi-Ho Chi Minh City railway route in the 2021-2025 period.
Comprehensive revisions needed for Petroleum Law Business

Comprehensive revisions needed for Petroleum Law

After nearly 30 years of enforcement, the Petroleum Law now needs revisions to be in line with international practices and Vietnam’s energy development strategy and create momentum for the oil and gas industry’s development.
Disbursed public investment up 22.5% in July Business

Disbursed public investment up 22.5% in July

About 46.2 trillion VND (nearly 1.98 billion USD) of investment capital sourced from the state budget was disbursed in July, up 22.5% from a year earlier, according to the General Statistics Office (GSO).
Nghe An boasts substantial development potential: PM Politics

Nghe An boasts substantial development potential: PM

The central province of Nghe An holds huge opportunities, advantages and resources to make breakthroughs in the coming years, Prime Minister Pham Minh Chinh said at a working session with the Standing Board of the provincial Party Committee as part of his trip to the locality on July 24.
Quang Ninh posts 10.66% economic growth for first half Business

Quang Ninh posts 10.66% economic growth for first half

The northern province of Quang Ninh posted an estimated growth rate of 10.66% in Gross Regional Domestic Product (GRDP) in the first six months of this year, which is 2.64 percentage points higher than the rate in the same period of 2021.
Cabinet meeting discusses five-month socio-economic development Politics

Cabinet meeting discusses five-month socio-economic development

The Government convened its monthly meeting on June 4, discussing the socio-economic situation in May and the first five months of 2022 and reviewed the implementation of the government’s socio-economic recovery and development programme and the allocation and disbursement of the State budget this year.
Legislators debate socio-economic development, state budget Politics

Legislators debate socio-economic development, state budget

President Nguyen Xuan Phuc said at a group discussion on May 25 during the third session of the 15th National Assembly that the implementation of economic stimulus packages and public investment should be promoted to provide timely support for businesses and people.
PM orders maintaining macro-economic stability Politics

PM orders maintaining macro-economic stability

Prime Minister Pham Minh Chinh emphasised specific tasks for maintaining macro-economic stability, controlling inflation and managing monetary and fiscal policies flexibly while addressing a regular Government meeting in Hanoi on April 29.