Investment

Almost VND40.9 trillion (US$1.77 billion) of public investment was disbursed in the first two months of 2021, equivalent to 9% of the year's plan - the highest level compared to the same period of the last five years.

Vietnam's trade balance posted positive, 1.29 billion USD, in the first two months of the year, the General Department of Customs said on December 28.

Continuing its growth momentum in 2020, Ninh Binh's exports saw good performance right in the first month of 2021, raking in a turnover of 243.3 million USD.

Vietnam attracted about 5.46 billion USD worth of foreign direct investment (FDI) as of February 20, equivalent to 84.4 percent of the figure recorded in the same time last year, the Vietnam News Agency quoted the information of the Ministry of Planning and Investment.

Auto manufacturer Thanh Cong Group has set itself a target of producing 75,000 motor vehicles this year, raising its production rate to 11.3 per hour.

Ninh Binh's index of industrial production in the first month of 2021 surged 21.8 percent on-year, according to the province's Department Statistics Office.

Business and production activities resumed right after the week-long Lunar New Year (Tet) festival ended on February 16.

Năm 2020, dịch bệnh COVID-19 đã tác động mạnh mẽ, tiêu cực tới mọi mặt đời sống của hầu hết các quốc gia trên toàn thế giới, trong đó có Việt Nam. Với người làm văn nghệ Ninh Bình, dù "cơm áo không đùa với khách thơ" nhưng chính trong giai đoạn khó khăn, bản lĩnh sức sáng tạo của những văn nghệ sỹ Ninh Bình lại được khẳng định. Trên các diễn đàn văn nghệ, các cuộc thi, các giải thưởng, tên tuổi các nghệ sỹ Ninh Bình vẫn hiện diện. Tất nhiên không phải mọi giải thưởng đều chứng tỏ giá trị của tác phẩm nhưng xét ở một góc độ nào đó, thành quả thu được cũng đem đến cái nhìn lạc quan về đại cục.

In the context of the shifting global supply chains after the COVID-19 pandemic, the northern province of Ninh Binh has actively taken synchronous and appropriate solutions in order to welcome a new wave of investment into industrial zones (IZs).

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).