For the last four decades, HCMC has held its position as the major economic hub of Vietnam. According to the General Statistics Office, in 2020 the economic growth of HCMC contributed around 21.8 percent towards the GDP of the country.
Prime Minister Pham Minh Chinh has requested ministries and agencies to speed up administrative reform and disbursement of public investment, towards promoting economic activities to create jobs and livelihoods for people.
Thanks to the installation of both electricity and WIFI wires, the ethnic people in Tu Mo Rong District of Kon Tum Province now have more conditions for socio-economic growth and living standard improvement.
The Government is focused on removing difficulties and obstacles for the capital market in 2023. It wants to remove obstacles in cash flow, support businesses, and improve competitiveness to boost the economy.
Party General Secretary Nguyen Phu Trong on March 30 chaired a meeting of the Party Central Committee’s Politburo and Secretariat on a project summarising the 10-year implementation of Resolution No. 15-NQ/TW.
Ms. Nguyen Thi Huong, General Director of the General Statistics Office (GSO), stated that Vietnam's GDP in the first quarter grew by only 3.32 percent, the second-lowest growth rate in the 2011-2023 period.
District 1 has developed detailed plans to adopt Resolution No.31-NQ/TW on the development directions of HCMC until 2030, with a vision to 2034. SGGP Newspaper has done an interview with Party Chief of District 1 To Thi Bich Chau on this matter.
Ho Chi Minh City, the largest economic hub in southern Vietnam, needs from 280,000-300,000 or 300,000-320,000 more jobs in 2023, depending on the economic growths of the globe and several major countries.
On February 3, 1930, nearly 20 years after leaving the country to seek ways for national salvation, President Ho Chi Minh chaired a conference to merge three communist organizations in Vietnam into the Communist Party of Vietnam.
Russian Ambassador to Vietnam Gennady Bezdetko has hailed Vietnam for its efforts in economic development amid a host of difficulties caused by the Covid-19 pandemic and concerns over a global economic recession.
Vietnam will focus on inclusive, rapid, and sustainable development based on sci-tech, innovation, digital and green transformation and circular economic development during 2021-2030.
The target of 6.5 percent economic growth set by the National Assembly for next year, lower than the growth of 8.02 percent recorded in 2022, will be a challenge, said General Director of the General Statistics Office (GSO) Nguyen Thi Huong.
Vietnam could face many new challenges in 2023, although experts believe that despite adverse effects from the outside, the Vietnamese economy has remained rather resilient so far.
The State Bank of Vietnam has just increased the credit room by 1.5-2 percent for credit growth in 2022. This is considered a timely ‘rain’ to relieve the ‘thirst’ for capital among domestic businesses.
In the past years, Vietnam's import and export of goods have seen exceptionally strong performance. Particularly, in 2007, after Vietnam became an official member of the World Trade Organization (WTO), the total import-export value of the country reached US$100 billion.
Ho Chi Minh City this year has strived to carry out its administrative reform and improve the investment environment in order to create breakthroughs in public services offered to citizens and businesses. However, the limited results achieved so far urge the city to focus more on improving public duties and working performance to contribute to the city’s growth.
