In the absence of suitable legal framework, Vietnamese start-ups are struggling to secure much-needed capital while investment funds have difficulties navigating the country’s numerous regulatory barriers, said fund managers and policy researchers.
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.
Farmers' incomes in the Mekong Delta have risen as a result of membership in agricultural cooperatives, but the effectiveness of the groups is still limited, experts have said.
For many years, local people in the Quang Binh coastal province have been in worries as the flooding season comes as they would be isolated. The new cement bridge will change the situation.
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.
Prime Minister Nguyen Xuan Phuc on October 2 called for greater efforts in the last three months of 2019 to complete the yearly targets, thus creating the premise for 2020 when Party congresses at all levels will be organised, towards the 13th National Party Congress.
As State-owned enterprises (SOEs) have many functions in the local economy, they struggle to fulfil their main task of doing business, so they need solutions to improve business efficiency, according to experts.
Due to difficulties in designing C9 metro underground station located near Hanoi’s Hoan Kiem (Sword) Lake, the construction of a metro line connecting Nam Thang Long Station in the north of the city and Tran Hung Dao Street has been halted for 11 years.
The Ministry of Transport has announced that they would cancel open international bidding for eight projects of the North-South expressway, in favour of domestic investors.
Prime Minister Nguyen Xuan Phuc has ordered that more drastic solutions to be taken to speed up the disbursement of public investment capital, which he described as an urgent task from now through 2020.
Some members of the national financial and monetary policy advisory council have pointed out certain problems in the economy, warning that failure to address them would not only make faster growth unachievable but also decelerate economic expansion.
Over the past 10 years, the interest rates of successfully-issued Government bonds (G-bonds) have decreased significantly, saving thousands of billions of VND for the State budget, contributing to regulate and stabilise the macroeconomy.
The People’s Committee of central Quang Tri province has approved in principle three wind power projects with a combined investment capital of nearly 5 trillion VND (215.6 million USD), online newspaper baodautu.vn reported.
With remarkable socio-economic achievements, Hai Duong province has become an economic spotlight in the Red River Delta and northern key economic region.
Party General Secretary Nguyen Phu Trong has signed for issuing Resolution 50-NQ/TW on directions for improving institutions and policies to enhance the quality and effectiveness of foreign investment cooperation to 2030.
Members of the National Assembly Standing Committee on September 18 discussed a draft resolution approving a master plan on socio-economic development in ethnic and mountainous areas as well as regions with extreme difficult situation in the 2021-2025 period.
The People’s Committee of the northern border province of Lang Son plans to sign memoranda of understanding on more than 100 projects worth nearly 80 trillion VND (3.47 billion USD) during an upcoming conference scheduled for September 30.
The alarmingly sluggish disbursement of official development assistance (ODA) capital and foreign soft loans continued to be the topic of a teleconference in Hanoi on September 13.
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