The Commission for the Management of State Capital at Enterprises (CMSC) has completed the settlement of 233 out of 259 cases transferred from ministries, including 44 handled in 2020, heard a conference in Hanoi on January 11.
The financial sector needs to renovate more strongly to free up resources to meet the country’s development objectives, Prime Minister Nguyen Xuan Phuc told an online meeting to review financial sector and State budget performance in 2020 and define tasks for 2021.
The 23rd meeting of the HCM City People’s Council for the 2016-2021 tenure on December 9 discussed and adopted resolutions and schemes relating to orientations for the city’s development during the 2021-2025 tenure.
The Vietnam Institute for Economic and Policy Research (VEPR) estimated local GDP growth for this year at between 2.6 percent and 2.8 percent at a workshop in Hanoi, lower than the 3.8 percent it forecast in July.
Vietnam remains a secondary emerging market following the latest market re-classification by the British analytics and data solution provider FTSE Russell.
Despite numerous efforts of the Government in speeding up the equitisation of State-owned enterprises, some ministries, sectors, localities and economic groups have showed ineffective performance in the work, thus slowing down the progress of the scheme.
Prime Minister Nguyen Xuan Phuc on September 7 held a dialogue with Japanese economic groups and businesses interested in expanding investment in Vietnam.
The Ministry of Finance has raised a number of measures to accelerate the equitisation of State-owned enterprises (SOEs) since the process made no improvements recently.
Vietnam has to spare no effort to achieve economic growth of 6.8 percent and keep inflation rate of below 4 percent in 2020 amid global political uncertainties, said the Vietnam Institute for Economic and Policy Research (VERP) at a workshop in Hanoi on January 16.
Economic development must go together with environmental protection and social development to ensure sustainable growth and prosperity, said Prime Minister Nguyen Xuan Phuc.
Prime Minister Nguyen Xuan Phuc hosted a reception in Hanoi on November 8 for US Secretary of Commerce Wilbur Ross and a US business delegation who are in Vietnam for an official visit.
Addressing the Government’s meeting on October 2, Prime Minister Nguyen Xuan Phuc requested ministries, sectors and localities to push ahead with stronger reforms to promote production and business activities amid several challenges to and problems of the economy.
The equitisation of State-owned enterprises (SOEs) and divestment of State capital have created more products for the M&A market, heard the Vietnam M&A Forum in HCM City on August 6.
Party General Secretary and State President Nguyen Phu Trong on July 26 called for stronger determination and actions and continuous efforts to confront corruption.
Foreign investors are getting access to various master plans and priority infrastructure projects and hearing directly from policymakers and authorities at the Infrastructure Vietnam Summit that opened on July 25 in Ho Chi Minh City.
The United Kingdom is willing to provide technical assistance to help increase the efficiency of the Vietnamese economy, and intensify cooperation with the country in preventing money laundry, UK Chancellor of the Exchequer Philip Hammond said on July 3.
Shortcomings in terms of institutions and laws are the main cause of the sluggish restructuring of State-owned enterprises (SOEs), which may fail to fulfill many important targets by the end of 2020, according to the Central Institute for Economic Management (CIEM).
The National Assembly (NA) Standing Committee on May 8 commented on the Government’s reports which gave additional assessments on the socio-economic development and state budget situation in 2018 and the first months of this year.
The equitisation of State-owned enterprises (SOEs) is still slow, failing to reach the rate of progress as directed by the Prime Minister, Deputy Minister of Finance Vu Thi Mai said at the Government’s regular press briefing in Hanoi on May 4.
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