Investment

Viet Nam’s state budget revenue soared to over 1.572 quadrillion VND (60.4 billion USD) in the first seven months of 2025, hitting 79.9% of the annual target and jumping 27.4% year-on-year, according to the Ministry of Finance.

Vietnam's core inflation in July increased 0.21% month-on-month and 3.3% year-on-year. The seven-month figure of 3.18% remained slightly lower than the overall CPI increase thanks to the exclusion of volatile sectors like food, energy, health care, and education

Merging administrative units is not only a step to streamline the organisational apparatus but also a door to open up big opportunities to spur sustainable development for craft villages in Ninh Binh province.

The Ministry of Finance aims to reach a public investment disbursement rate of 60% by the end of the third quarter and 100% by the year's end.

Vice Chairman of the provincial People’s Committee Nguyen Cao Son and a working delegation on July 29 afternoon inspected the progress of site clearance for the North South high-speed railway project running through Ninh Binh province.

With strong determination and tireless efforts on the ground, key transport infrastructure projects are being acccelerated. Thanks to this proactive approach, many are expected to be completed three to six months ahead of schedule, creating strong momentum to help surpass the 8% economic growth target for this year.

The People’s Committee of Ninh Binh Province has submitted a proposal to the Ministry of Construction for the development of several strategic transport infrastructure projects, most notably the construction of Ninh Binh International Airport, which is planned to be located in Liem Tuyen Ward.

The formation of a new province with an expanded development space is creating a turning point in the orientation of industrial development. Industrial clusters (ICs) are not only a fulcrum for local production but also play a strategic satellite role, sharing functions, supporting and reducing the load for large industrial parks (IPs). In particular, the trend of developing ICs in a green and smart direction is considered a solution to the goal of both economic growth, environmental protection and preserving the identity of the heritage land.

The Government Office has just issued Notice No. 378/TB-VPCP on the conclusion of Deputy Prime Minister Le Thanh Long during his visit and inspection of the construction projects of the second facilities of Viet Duc Friendship Hospital and Bach Mai Hospital in Ninh Binh province.

After the administrative boundary mergence, Ninh Binh province is entering a new development phase with a large scale, open potential and long-term vision. Not only maintaining its role as a key national cultural and tourism centre, the province has also strongly risen in attracting investment, gradually affirming its position as a strategic destination for domestic and foreign capital flows, thereby creating the image of a dynamic, modern, integrated and trustworthy locality on the national investment map.

The northern province of Ninh Binh will allocate 27 resettlement areas for households affected by the North-South high-speed railway project.

The project on expanding the Eastern North-South Expressway’s Cao Bo Mai Son section is one of the key national projects that holds strategic significance in developing infrastructure and creating a driving force for economic growth of localities in the Red River Delta region.

Vietnam now has 16,855 certified OCOP products rated three stars or higher. Of these, 76.2% are three-star products, 22.7% are four-star and 126 products have achieved five-star national recognition.

Ninh Binh province’s GRDP growth was estimated to reach 10.82% in the first half of 2025, ranking among the country’s top provinces and centrally-run cities.

A total of 1,988 new projects were licensed in the first half, up 21.7% year-on-year, with newly registered capital amounting to nearly 9.3 billion USD. Foreign investors poured capital into 18 out of 21 economic sectors.

The Ministry of Construction has urged Ninh Binh authorities to prepare a feasibility study on the potential development of an international airport in the province, the ministry said in a report submitted to the Government regarding a proposal from private construction company Xuan Truong.

The Ninh Co Economic Zone (EZ) was established under the Prime Minister’s Decision No. 88/QDTTg dated January 14, 2025, marking an important turning point in the development of marine economy of Ninh Binh province.Ninh Co Economic Zone is developed to become a new coastal economic centre of the Red River Delta.

The Ninh Binh provincial People’s Committee has issued decisions on the establishment of two new industrial clusters (IC) with combined investment of 1.65 trillion VND (63.15 million USD).Photo for illustration.

The Ministry of Construction (formerly the Ministry of Transport) and the CAAV have actively implemented the necessary measures to meet CORSIA’s requirements.Aircraft at a local airport in Vietnam (Photo: VNA)