Vietnamplus

Breakthrough changes in mechanisms, policies are needed for the private economic sector’s development, experts said.

Maintaining exports would be critical for the cement industry amid rising production output and anticipated sluggish domestic sales this year.

Clear mechanisms and policies play a specially important role as a launching platform for the private economic sector to make breakthroughs and greatly contribute to the national economic development.

A leader of Ho Chi Minh City on January 17 expressed his hope that the World Bank (WB) will assist Vietnam’s southern economic hub to build an international financial centre.

Two new roads will be built connecting the northern mountainous region with Hanoi, said the Ministry of Transport.

The Ministry of Finance and the World Bank co-held a seminar in Hanoi on January 15 to discuss the public-private partnership (PPP), international practices and the related bill.

In order to increase the competitiveness and value of local products, Ha Nam province has implemented a program to support traceability QR codes geographical indicators and collective brands.

Prime Minister Nguyen Xuan Phuc on January 11 urged the northern province of Ha Nam to further carry forward its potential and advantages as a gateway of Hanoi capital city, and make breakthroughs in development.

The Government will develop an innovative and business-centred ecosystem, Deputy Prime Minister Trinh Dinh Dung said at the Vietnam Business Forum 2019 in Hanoi on January 10.

The annual Vietnam Business Forum 2019 opened in Hanoi on January 10, taking the theme of the roles and support of the business community in rapid and sustainable development.

Prime Minister Nguyen Xuan Phuc emphasised the important role of the Ministry of Planning and Investment (MPI) and asked it to take the initiative in solving development conundrums while addressing a conference in Hanoi on January 9.

The Vietnam Report JSC and VietNamNet newspaper announced the top 500 largest enterprises in Vietnam (VNR500) in 2019 at a ceremony in Hanoi on January 9.

Leaders of northern Ha Nam province had a meeting with nearly 300 foreign direct investment (FDI) businesses on January 9 to inform them about local development achievements and listen to their opinions to facilitate the firms’ operations.

The Ministry of Industry and Trade has granted 47 certificates of eligibility to rice export businesses over the past year, lifting the number of rice exporters to 182 traders.

This year, Ho Chi Minh City will continue to restructure the economy, improve competitiveness and labour productivity, and meet the city’s State budget target as set by the Government.

Rice exports may fall below 8 million tonnes for 2019, with this year's prospects still uncertain because of a slew of risk factors such as the continued strong baht, natural disasters and emerging new rice exporters like Myanmar and China, local media reported.

The State Bank of Vietnam (SBV) has issued a resolution to boost cashless payments in the country.

Deputy Prime Minister Vu Duc Dam highly appreciated the science and technology sector for its contributions to the country’s development in recent years at a conference held in Hanoi on January 3.

The culture, sports and tourism sector has made a number of important achievements in 2019, the Ministry of Culture, Sports and Tourism said at a regular press conference on January 3.

The plastics industry produced 8.89 million tonnes of products in 2019, up 7.2 percent from the previous year, and earned 17.58 billion USD in total revenues, it was reported at a conference held by the Vietnam Plastics Association on January 3.