In the recent year, the Ninh Binh Department of Industry and Trade has proposed a series of measures to develop support industries by offering incentives to attract FDI businesses. It is stated that FDI businesses are an important driving force to promote domestic support industries.

Ninh Binh develops support industries

In the recent year, the Ninh Binh Department of Industry and Trade has proposed a series of measures to develop support industries by offering incentives to attract FDI businesses. It is stated that FDI businesses are an important driving force to promote domestic support industries.

Tapping into resources for Vietnam's economic growth in 2021

Vietnam is aiming for GDP growth of 6% in 2021 under a socio-economic plan recently adopted by the National Assembly (NA).

Work starts on three packages of Mai Son - National Highway 45 expressway

The Ministry of Transport on November 19 commenced three construction and installation packages of the expressway section connecting Mai Son with National Highway 45, part of the 654-km North-South Expressway.

Ninh Binh effectively applies mechanisms and policies on economic development

Implementing the Resolution of the 21st Congress of the Ninh Binh Party Organisation for the 2015 - 2020 tenure and the Socio-economic development plan for 2016 - 2020, the northern province of Ninh Binh issued a number of mechanisms and policies to realise its economic development targets, under which special attention has been paid to automobile manufacturing and assembly, and electronic industries; restructuring the agriculture sector and boosting tourism.

Province's CPI grows 4.48% in ten months

The northern province of Ninh Binh's consumer price index (CPI) in the January-October period rose 4.48% from one year earlier, compared to the same period last year, according to the province department of Statistics Office.

Ninh Binh moves to speed up ODA capital disbursement

The disbursement of public investment, including ODA and preferential loans, is considered one of the key tasks of the Vietnamese Government to promote economic development and successfully complete socio-economic development targets in 2020. However, the disbursement progress of ODA and preferential loans in Ninh Binh province still lagged behind schedule.

Taking full advantage of FTAs to maintain export growth

In the context of COVID-19 pandemic's complicated developments disrupting international trade, Vietnam's exports have still maintained positive growth.

Province's import turnover reached 2,173 million USD in 9 months

According to the latest preliminary statistics of the Province Statistic Office, by the end of September, the total import turnover of Ninh Binh reached 2,173 million USD, decrease by 3.1 pct against same period last year.

Public investment disbursement speeds up

Ten out of 12 ministries and agencies have committed to completing the disbursement of foreign loans this year after adjusting down their capital plans, the Ministry of Finance has reported.

Ninh Binh strives to fulfill socio-economic development targets for 2020

The complicated developments of the COVID-19 pandemic have caused great impacts on all socio-economic aspects. In that context, administrations at all levels and sectors have actively carried out the "double tasks" of preventing the COVID-19 pandemic while promoting socio-economic development to successfully accomplish socio-economic targets for 2020.

Nine-month agro-forestry-aquatic product exports hit 30.05 bln USD

Vietnam raked in 30.05 billion USD from exporting agro-forestry-aquatic products in the first three quarters of 2020 and the value is hoped to hit over 40 billion USD for the whole year, said Deputy Minister of Agriculture and Rural Development Phung Duc Tien.

FDI pledges reach nearly US$20 billion in eight months

Vietnam attracted foreign direct investment (FDI) of US$19.54 billion in the first eight months of 2020, down 13.7% from the same period of 2019, according to the Ministry of Planning and Investment (MPI).

Ninh Binh plants over 243 hectares of forest in 8 months

Currently, Ninh Binh has over 30.000 hectares of forest land and forestry land; in which, special-use forest accounts for overs 60 percent of total forest land area. In order to increase forest cover, localities in the province take proactive measures to plant new tree and gradually restore forests.

Province's import turnover climbs to over 1,1 trillion USD during eight-month period

Ninh Binh's import turnover in August estimated to hit 283 million USD, representing a sharp rise of 11 pct against to same month of last year, according to figures released by the province's statistic Office.

Hyundai Thanh Cong 2 automobile plant breaks ground in Ninh Binh

Thanh Cong Group and Hyundai Motor co-held a ground-breaking ceremony for an automobile manufacturing facility which has designed capacity of 100,000 units per year, in the northern province of Ninh Binh on September 20.

Vietnam posts record trade surplus of US$13.5 billion in eight months

Vietnam reported total import and export revenue of over US$336.92 billion in the first eight months of 2020 and a record trade surplus of nearly US$13.5 billion, as announced by the General Department of Vietnam Customs on September 14.

Domestic trade to contribute 13.5 percent of GDP by 2025

Domestic trade is expected to contribute about 13.5 percent of GDP by 2025, according to the Ministry of Industry and Trade (MoIT)'s target to effectively realise the 2021-2025 socio-economic development plan.

Northern locality collects over VND18 trillion to state budget

The northern province of Bac Ninh collected more than VND18.62 trillion to the state budget in the Jan-Aug period of 2020, fulfilling 64% of the estimate or equivalent to 93% of the same period last year, according to a report of the provincial Department of Finance.

Number of newly-established enterprises tops 13,400 in August

There were some 13,400 new enterprises established during August with total registered capital of 288.8 trillion VND (12.45 billion USD) and 96,300 jobs, according to the General Statistics Office (GSO).

Eight-month FDI attraction hits 19.54 billion USD

Vietnam attracted 19.54 billion USD worth of FDI as of August 20, down 13.7 percent year-on-year, according to the Ministry of Planning and Investment.