Investment

The northern province of Ninh Binh has taken measures to create jobs for 19,000 labourers and send 1,400 people to work abroad in 2021, according to the provincial Department of Labour, Invalids and Social Affairs.

Vietnam attracted more than US$2billion in FDI in January, 37.8 percent higher than in the same period in 2020, as announced by the Ministry of Planning and Investment, on January 28.

Despite the complicated developments and deep impact of Covid-19 on most economic sectors, in 2020, Ninh Binh province has gained significant achievements.

The Government has just issued Resolution 195/NQ-CP on serious, synchronous and effective implementation of key tasks and solutions for 2021, with the aim of striving to achieve economic growth of 6-6.5%.

Prime Minister Nguyen Xuan Phuc has recently approved a legal assistance program for small-and medium-sized enterprises (SMEs) in the 2021-2025 period.

The northern province of Ninh Binh has verified, rated, and recognised 14 local products as "One Commune, One Product (OCOP)" goods this year, according to the Deparment of Rural Development.

The 15th plenum of the Party Central Committee wrapped up on January 17 after completing all the contents of its agenda.

On January 13, Hong Kong business delegation led by Sam Rehani, President of Magnum Asia Limited paid a working visit to Ninh Binh province in a bid to seek tourism investment opportunities.

Vietnam earned US$3.26 billion from exporting fruit and vegetables in 2020, a year-on-year decline of 13%, the Ministry of Agriculture and Rural Development (MARD) has reported.

In a bid to create a favorable climate for enterprises amid the COVID-19 pandemic and momentum to draw more investment from both at home and abroad, Ninh Binh's sectors, departments and localities have actively taken measures to improve the business environment and the Provincial Competitiveness Index (PCI).

The Hai Van Tunnel 2 in central Viet Nam opened to traffic on November 11 after more than four years of construction.

Construction of the National Innovation Centre (NIC), worth 740 billion VND (32 million USD), will be launched at Hoa Lac hi-tech park on the outskirts of Hanoi on January 9.

Budget collection of the northern province of Ninh Binh in 2020 is estimated at over 19.1 trillion VND (824 million USD), exceeding 32.2 pct set by Provincial peoples council, representing an increase of 14.8 pct against 2019.

The Ministry of Industry and Trade has announced 10 outstanding events that make their mark on the sector's success in 2020, of which, many initiatives by the industry and trade sector within Vietnam's ASEAN Chairmanship 2020 were effectively deployed.

The disbursement of State budget capital reached an estimated 91.1 percent of the plan set for the year and rose 34.5 percent year-on-year, the highest rate in the 2011-2020.

Vừa qua, tại Hà Nội, trong khuôn khổ Giải thưởng Văn học-nghệ thuật được trao hàng năm của Liên hiệp các Hội Văn học- nghệ thuật Việt Nam, tác giả Nguyễn Văn Túc, hội viên bộ môn Mỹ thuật thuộc Hội Văn học- nghệ thuật tỉnh Ninh Bình đã đạt giải C.

Although Ninh Binh has suffered great losts caused by the COVID-19 in 2020, the province's exports continuously showed its sound growth in both turnover and market in 2020, when it brought home an estimate number of 2.38 billion USD, up 13.3 percent from 2019 and surpassing the yearly target by 8.2 percent.

The total amount of development investment in northern Ninh Binh province exceeded 22.77 trillion VND (982 million USD) in eleven months of 2020, up 5.4 percent year-on-year, according to the provincial Department of Statistics.

The index of industrial production (IIP) in November rose 0.5% against the previous month and 9.2% compared with the same month in 2019, according to the Ministry of Planning and Investment.