Facing a range of difficulties and challenges last year, Hanoi has realised and even exceeded all 22 of its socio-economic targets, Secretary of the municipal Party Committee Dinh Tien Dung told the Vietnam News Agency (VNA) in a recent interview.
The total amount of social investment capital disbursed in the first quarter of 2021 was estimated at 562.2 trillion VND (24.6 billion USD), up 8.9 percent year-on-year, reported the General Statistics Office (GSO).
The total social investment capital disbursed in 2021 was estimated at nearly 2,892 trillion VND (126.5 billion USD), up 3.2 percent annually, reported the General Statistics Office (GSO).
The disbursement rate of public investment capital in 2021 is expected to reach between 95-100 percent of the plan assigned by the Prime Minister, according to the Ministry of Planning and Investment.
Vietnam is unlikely to reach its target of 1 million enterprises with efficient operation by 2020, according to a draft report recently issued by the Ministry of Planning and Investment (MPI).
Total social investment in the first nine months of this year increased just 4.8 percent year-on-year to 1,445 trillion VND, the lowest pace during the 2016-2020 period, the General Statistics Office (GSO) revealed on September 29.
The southern province of Ba Ria - Vung Tau was one of the leading localities in attracting investment during 2016-2020, Director of the provincial Department of Planning and Investment Nguyen Cong Vinh has said.
The private economic sector invested over 26.8 billion USD in the economy during the nine-month period, accounting for 45.3% of the total social investment capital.
The capital city of Hanoi recorded impressive socio-economic development results in the first nine months of this year, with a gross domestic product (GDP) growth of 7.35 percent, up from the 6.95 percent expansion recorded in the same period last year.
The rate of the investment from the non-state sector is on a constant rising trend, from 38.5% in 2001 to over 43% in 2018, marking a nearly 5 percentage point in the total social investment.
Vietnam wants to have at least five billion-dollar tech firms (unicorns) by 2025 and 10 by 2030 as planned in its draft on national strategy on the Fourth Industrial Revolution.
Prime Minister Nguyen Xuan Phuc has approved the addition of the multi-purpose entertainment complex – horse racing course project into Hanoi’s master plan on socio-economic development by 2020, with orientation to 2030.
The northeastern province of Quang Ninh recorded economic growth of 10.16 percent in the first six months of 2018, the highest level in the last six years.
The Ho Chi Minh City People’s Council (ninth tenure) set a gross regional domestic product (GRDP) growth rate of 8.3-8.5 percent for 2018 during its sixth session that took place from December 4-7.
Hundreds of relic sites in Hanoi suffer from serious degradation and need prompt repair, but the estimated costs amounting to trillions of dong surpass the city’s financial capacity.
The Mekong Delta province of Vinh Long
drew a total social investment capital of 5.335 trillion VND (244
million USD) in the first six months of 2015, up 8.8 percent from the
same period last year.
Society
