The uneven and unsustainable development of different economic sectors and localities is a bottleneck that is hindering the overall development of the Hong (Red) River Delta.
Prime Minister Pham Minh Chinh underlined the need to pay special attention to removing "bottlenecks" on the real estate market while chairing an online conference on July 14 on measures to ensure safe, healthy and sustainable development of the property market.
The long-term friendship between Vietnam and Thailand, especially agricultural cooperation, will bring great benefits to two countries' people, Thai Minister of Agriculture and Cooperatives Chalermchai Sri-on has said.
According to Vu Anh Minh, chairman of Vietnam Railways Corporation (VNR), over the past time, railway freight transport between Vietnam and China has seen an increase in transported goods.
As China continues to stick to its zero-COVID policy and impose strict measures on people and goods entering the country, Vietnamese authorities are putting forward solutions to ease trade bottlenecks at border gates.
Deputy Prime Minister Pham Binh Minh has asked ministries, sectors and localities to strictly follow the direction of the Government and the Prime Minister to achieve the highest disbursement rate in the remaining time of 2021 while ensuring the effectiveness of public investment projects.
The northern province of Thai Binh is taking measures to speed up ground clearance for investment projects in the locality, considering it an effective solution to deal with major bottlenecks in economic development.
Prime Minister Pham Minh Chinh chaired a Cabinet meeting on law making on August 17. The event was the first of its kind held by the 15th-tenure Government.
Prime Minister Pham Minh Chinh on August 17 requested the Ministry of Justice and relevant ministries to study and build a law to amend many others to remove bottlenecks that have existed for many years in order to create new impetus for development, especially in the context of the COVID-19 pandemic.
Limited market capacity and price differences between domestically produced cars and imported cars are the two biggest bottlenecks for the local auto industry, according to the latest report from the Ministry of Industry and Trade (MoIT).
Removing bottlenecks in transport infrastructure and policy mechanisms is considered an important solution to help cut logistics costs and improve the competitiveness of Vietnamese businesses and goods in the time to come.
The development of cooperatives should receive greater attention during the agricultural restructuring process, according to Le Minh Hoan, a delegate from the Mekong Delta province of Dong Thap.
Vietnam has set an annual growth target of 15-20 percent for the logistics sector, making up 8-10 percent of the country’s gross domestic product (GDP). Besides, logistics costs are also expected to reduce, equivalent to 16-20 percent of the GDP.
There have been signs of reduction in the habit of using cash among people, but the switching to cashless paymentsremains slow, according to the State Bank of Vietnam (SBV).
To promote the development of renewable energy, there should be a prioritised policy mechanism on electricity prices and loan interest rates, according to Dr. Nguyen Manh Hien, President of the Scientific Council at the Vietnam Clean Energy Association.
The Central Institute for Economic Management (CIEM) held a workshop in Hanoi on June 1 to look into bottlenecks in Vietnam’s development post-COVID-19.
The ASEAN Post on May 11 published an article titled “Building food security during the pandemic”, calling on the international community to act immediately to keep food supply chains operating.
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