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.

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.

Province's total retail sales rise 10.6 pct in July

The northern province of Ninh binh's total retail sales revenue hit 2,6 trillion (112 million USD) in July, up 10.6 per cent year-on-year.

Twelve OCOP products certified in Ninh Binh

Ninh Binh had 12 products qualified for standards of One Commune-One Product (OCOP) program in 2019.

Wood processing to become spearhead economic sector by 2025

The wood processing industry is to become a spearhead economic sector by 2025, posting export turnover of about USD 20 billion to contribute to socio-economic development and stabilize the livelihoods of people living in forested areas.

Support industries struggling with COVID-19

There are few opportunities for businesses to develop support industries in Vietnam amid the global economic crisis caused by COVID-19, according to economists.

Additional 19,000 rooftop solar power projects installed

Since the beginning of the year, the country has installed more than 19,000 rooftop solar power projects with a total capacity of 541.66 MWp, said the Vietnam Electricity Group (EVN).

Gov't rolls out goals, measures to boost supporting industry development

The Government has issued Resolution 115/NQ-CP figuring out goals and measures to boost the development of supporting industry through 2030.

Vietnam exports 3.9 million tonnes of rice in seven months

Vietnam exported 3.9 million tonnes of rice, earning 1.9 billion USD, in the first seven months of this year, according to the Department of Agro Processing and Market Development under the Ministry of Agriculture and Rural Development.

Income tax cuts of 30% come into effect for small firms

The National Assembly's resolution on reducing corporate income tax by 30% for small and medium-sized businesses came into effect on August 3.