6 WORKING GROUPS SET UP TO ACCELERATE PUBLIC INVESTMENT DISBURSEMENT
Prime Minister Pham Minh Chinh recently signed Decision 1962/QD-TTg establishing six working groups responsible for inspecting and accelerating disbursement of public investment capital in 2021 at central and local agencies where disbursement fulfilled below 60% of the plan led by Deputy Prime Ministers and some ministers.
ACTIVELY INITIATING, EFFECTIVELY MANAGING VIETNAM'S SECOND ECONOMIC REFORM
The Document of the 13th Party Congress sets out key tasks and solutions to create a premise for the next terms to successfully achieve the country's strategic development goals to 2030, with a vision to 2045. The Congress marked a new era and a turning point for Vietnam to actively initiate the second economic reform.
VIET NAM TARGETS TO RAISE GDP PER CAPITA TO US$3,900 NEXT YEAR
The plan envisages other goals including GDP growth rate of 6-6.5 percent, processing and manufacturing sector accounting for 25.5-25.8 percent of GDP, an average consumer price index growth of 4 percent, an average growth rate of labor productivity of 5.5 percent, and labor force in agriculture accounting for 27.5 percent of the total social labor force.
FOREIGN INVESTMENT INFLOWS PICK UP SLIGHTLY IN FIRST 11 MONTHS
As of November 20, foreign direct investment capital inflows into Viet Nam reached US$26.46 billion, an increase of 0.1 percent compared to the same period last year.
PROMOTING ECONOMIC RECOVERY FROM COVID-19
“Post-COVID 19 Economic Recovery and Development - International experience and lessons for Vietnam” is the theme of an online seminar co-organized by the Vietnam Chamber of Commerce and Industry (VCCI) and the Asian Development Bank (ADB) in Vietnam.
VIETNAM EYES 4 GW OFFSHORE WIND POWER CAPACITY BY 2030
Vietnam will increase offshore wind power capacity to 4 GW from 1 GW and onshore wind power capacity to nearly 17.34 GW from about 1.26 GW by 2030, according to the latest draft of the National Power Development Plan VIII.
US-SUPPORTED GREEN INDEX TO PROMOTE ENVIRONMENTALLY FRIENDLY BUSINESS ECOSYSTEM IN VIETNAM
On November 23, the US Agency for International Development (USAID), the Vietnam Chamber of Commerce and Industry (VCCI), and Suntory PepsiCo Vietnam (SPV) signed an MoU to establish a Green Index to help businesses identify provinces that are facilitating green operations.
GOV’T ENCOURAGES PUBLIC-PRIVATE INVESTMENT IN DIGITAL TRANSFORMATION
The Vietnamese Government will lead the way in digital transformation to mobilize public-private investment in this process. Prime Minister Pham Minh Chinh made the above statement in Tokyo on Wednesday morning during his meeting with leaders of several major Japanese digital enterprises.
