Investment

From June 21, cooperatives and farmers' households in the provinces of Bac Giang, Hai Duong, Vinh Long, Dak Lak and Son La simultaneously put farm products and local specialties up for sale on the "Vietnamese farm produce e-market" on the Sendo e-commerce platform.

The disbursed amount of public investment funded by official development assistance (ODA) in localities in the first five months of this year stood at only over VND1.1 trillion (US$47.9 million), equivalent to just 1.73% of the year's target, according to the Ministry of Finance (MoF).

The complicated developments of the COVID-19 pandemic have caused disruption in agricultural product supply chains and posed challenges for many localities in agricultural product consumption. To address this problem, Ninh Binh authorities have directed related localities and sectors to work together to seek solutions to boost the sale of agricultural products during the COVID-19 pandemic.

Budget collection of the northern province of Ninh Binh in the first five months of this year was estimated at 9,01 trillion VND (USD), equivalent to 48.4% of the whole year's estimate, reported the provincial Department of Finance.

Minister of Agriculture and Rural Development Le Minh Hoan has asked municipal and provincial People's Committees to take drastic measures to ensure forest fire prevention amid extremely hot weather.

The complicated developments of the COVID-19 pandemic have great posed adverse impacts on the lives, society and economic activities. To remove difficulties faced by loca firms and people during the pandemic, the State Bank of Vietnam (SBV) Branch in Ninh Binh has asked local commercial banks and credit institutions to strictly implement the Government's directions and province's regulations on COVID-19 prevention and control measures; drastically take supporting measures and build suitable plans in a bid to ensure their smooth operations.

Member nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) have approved a decision to start the accession process for the UK to join the trade deal during the fourth CPTPP commission meeting held via video conference on June 2 morning.

Having defined industry as a spearhead econmic sector, Ninh Binh has paid due attention to developingsome industries that have made big contributions to exports like electronics, footwear, garment, and automobile assembly. However, in the recent past, these industries are suffering great impacts from the COVID-19 pandemic, which cause disruption of global supply chains. Therefore, Ninh Binh is consistent with its goal of drawing FDI into supporting industries in a bid to raise industrial production value and contribute to the province's growth.

Ninh Binh province's industrial production index (IIP) in the first five months of 2021 posted a year-on-year increase of 17.6 percent, according to the provincial Department of Statistics.

The Vietnam Cement Industry Corporation (VICEM) produced and sold 9.72 million tonnes of cement from January to April, a year-on-year rise of 12.1 percent amid the complex developments of COVID-19.

Vietnam has emerged as an investment destination for 140 countries and territories globally, attracting 33,000 foreign direct investment (FDI) projects with total registered capital of US$394 billion.

Ninh Binh's exports saw stable growth in the first four months of 2021, enabling the province to reach the target of 2.4 billion USD in export turnover set for the whole year.

According to the Ministry of Agriculture and Rural Development, after three years of implementation, the "One Commune, One Product" (OCOP) programme has contributed to restructuring the agricultural sector, improving production value and promoting the agricultural product brands of many localities. In the coming time, there is a need to improve product quality while promoting innovation and creativity in product development in order to attract more domestic and foreign consumers.

The retail prices of oil and petrol increased as of 15:00 on May 12 following the latest adjustments made by the Ministry of Finance, and the Ministry of Industry and Trade.

The resurgence of community infections in some localities since late April is once again testing the resilience and adaptability of the Vietnamese economy amid the Covid-19 pandemic.

The Ninh Binh's export turnover amounted to 274.4 million USD in April, a sharp rise of 45.7 percent against same period last year.

Vietnam witnessed the growth of exports and imports in the first four months of 2021 hitting 10-year record high, data of the General Statistics Office (GSO) shows.

Vietnam posted a trade surplus of nearly US$1.9 billion in the first four months of the year, according to the Ministry of Planning and Investment's Foreign Investment Agency.

Sáng 29/4, tại thành phố Ninh Bình, Nhà xuất bản- Hội Nhà văn và Ban liên lạc Tướng lĩnh Ninh Bình đã tổ chức Lễ ra mắt Bộ sách "Tướng lĩnh Ninh Bình thời đại Hồ Chí Minh".