Investment

Ninh Binh province works to further improve PCI

Under the drastic direction and enormous efforts of department, sectors and agencies, the Provincial Competitiveness Index (PCI) of Ninh Binh province saw much progress in 2022. Its scores and ranking have been improved, showing the province's improved governance, favourable business climate and administrative reforms.

Four-month public capital disbursement reaches 14.66% of year's target

More than 110.6 trillion VND (4.7 billion USD) of public investment was disbursed in the first four months of this year, equivalent to 14.6% of the yearly target and lower than the 18.48% in the same period last year, according to the Ministry of Finance.

Vietnam posts trade surplus of 6.35 billion USD in four months

Vietnam's export-import value in the first four months of this year was estimated at 210.79 billion USD, down 13.6% year-on-year, with a trade surplus of 6.35 billion USD, the General Statistics Office (GSO) reported.

Two sections of eastern North - South Expressway open to traffic

Two sections of the eastern North - South Expressway, Mai Son - National Highway 45 and Phan Thiet - Dau Giay, were inaugurated on April 29.

Vietnam to pilot carbon credit trade from 2025

A seminar on opportunities for developing a carbon market in Vietnam took place in Hanoi on April 20.

Ninh Binh's Q1 GRDP growth ranks 2nd in Red River Delta

In the first quarter of 2023, Ninh Binh posted an economic growth rate of 8.45%, ranking 6th in the country and 2nd in the Red River Delta region.

Potential in Ninh Binh's coastal district needs to be wakened

The coastal area in Kim Son district in the Red River Delta province of Ninh Binh has great development potential for different sectors, especially tourism, as it boasts charming natural landscapes and a diverse ecosystem.

Vietnam seeks to further develop digital economy

The prerequisite for Vietnam's digital economy to go further is to optimise modern scientific and technological advancements in accordance with Vietnam's own approach, according to Nguyen Trung Chinh, Chairman of the Board of Directors and Executive President of CMC Corporation.

Ninh Binh jumps 14 places on PCI rankings 2022

The Vietnam Chamber of Commerce and Industry (VCCI) on April 11 announced the Provincial Competitiveness Index (PCI) 2022 rankings.

Ninh Binh ranks 16th out of 63 provinces and cities in public capital disbursement

In the first quarter of 2023, the northern province of Ninh Binh disbursed over 889.6 billion VND (38.2 million USD), equivalent to 12% of the yearly plan.

Ninh Binh - Thanh Hoa expressway section to be opened to traffic later this month

Contractors are working hard to complete works of Mai Son - National Highway 45 section of the North - South expressway so that it could be opened to traffic on the occasion of National Reunification Day (April 30) and May Day (May 1).

Planning scheme of Ninh Binh province for 2021-2030 with vision until 2050 approved

The provincial planning appraisal council for the 2021-2030 period with a vision until 2050 organised a conference in Hanoi on April 6 to assess Ninh Binh province's planning scheme.

Ninh Binh fosters comprehensive growth of fishery sector

Ninh Binh province boasts a lot of potential and advantages to develop its fishery sector as it has a 15-kilometer coastline and over 6,200 hectares of brackish water surface and over 20,000 hectares of inland fresh water surface for aquaculture. In addition, the province's fishery sector has an abundant and experienced workforce. These potential and advantages have helped the local fishery sector develop strongly in recent years, thus contributing greatly to the province's economic structure, increasing incomes and creating jobs for local people and stabilising the socio-economic situation.

Ninh Binh develops synchronous infrastructure connecting rural and urban areas

Implementing Resolution No. 26-NQ/TW of the 10th Party Central Committee on agriculture, farmers and rural areas, in the past few years, Ninh Binh has mobilised resources to invest and build rural infrastructure in a bid to meet the demand of production and travel of people, thereby creating momentum for the province's socio-economic development and narrowing the gap between urban and rural areas.

Vietnam's economy grows 3.23% in first quarter

The Vietnamese economy expanded by 3.23% over the January-March period, the second slowest first-quarter growth in 12 years, according to the General Statistics Office (GSO).

Trade and service sectors continue to flourish

While the whole country in general and Ninh Binh in particular have been facing difficulties, especially in industrial production and exports, the trade and service sectors have been flourishing. In particular, the rapid recovery of the tourism sector has spurred growth of the service sector, thus contributing to the economic recovery.

Ninh Binh strives to have 150 OCOP products rated as three-stars upward by 2025

The implementation of the OCOP programme in the past five years has helped Ninh Binh open up opportunities to develop production and increase values for local products, thereby contributing to the effective performance of the national target programmes on new-style rural areas.

More than 410km of North-South expressway to be completed in 2023

Seven North-South expressway component projects with a total length of about 411.6km will be completed and put into operation this year, according to the Ministry of Transport.

Ninh Binh works to attract foreign investment to agriculture

Though Ninh Binh boasts numerous potential and advantages, the province has still found it hard to attract foreign direct investment (FDI) in agriculture-forestry-fishery. Therefore, Ninh Binh needs to pay due attention and issue particular policies in a bid to draw FDI into the sector, thereby contributing to its rapid and modern development.