The Vietnamese Government commits to creating all possible conditions for businesses to growth further, Prime Minister Pham Minh Chinh affirmed at the Vietnam Business Forum 2023 (VBF 2023) in Hanoi on March 19.
Prime Minister Pham Minh Chinh asked the northern border province of Lao Cai to make greater efforts to promote fast and sustainable socio-economic development, maintain national defence and security, and speed up international integration during his working session with local key officials on August 28.
Prime Minister Pham Minh Chinh chaired a meeting attended by ministries and sectors on July 28 to discuss short- and long-term measures for keeping inflation under control, stabilizing the macro-economy, and promoting socio-economic recovery and development.
Vietnam's economy in 2022 will grow by 6.7 percent - 6.9 percent, according to the updated scenario just announced by the Central Institute for Economic Management (CIEM) at a conference held this morning. In turn, the average inflation targets are 4.0 percent and 3.7 percent respectively.
The State Bank of Vietnam (SBV) will increase its interference in the foreign currency market and stay ready to pump money into the market more frequently, thus creating favorable conditions for credit institutions to meet the demand for legal foreign currencies from organizations and individuals, according to Vice Director of the SBV’s Monetary Policy Department Pham Chi Quang.
Ho Chi Minh City’s retail sales of goods topped VND57.75 trillion (US$2.49 billion) in May, up 3.08 percent against the previous month and 13.8 percent from a year earlier, a report released last week by the city Department of Industry and Trade has said.
Ho Chi Minh City is about to enter the peak month of symplifying administrative procedures in a day. This is a move to create a strong change in administrative reform, bringing new momentum to the current socio-economic recovery of the city.
The 5th session of Ho Chi Minh City People’s Council, term X, finished yesterday with 12 major resolutions approved. These resolutions will have tremendous impacts on socio-economic development of the city and the life of residents here in the next few years.
The Vietnamese Government always creates optimal conditions for operations of foreign investors in the country, including RMIT University, Prime Minister Pham Minh Chinh said on April 7 while receiving President of the Australian university Prof Alec Cameron and Australian Ambassador to Vietnam Robyn Mudie.
Prime Minister Pham Minh Chinh has required Binh Phuoc, as the largest province in term of the area in the southern region, to study its potential and opportunities as well as position in the region and the country's development in order to issue suitable programs, plans and solutions toward becoming an important development motivation in the Southern key economic region.
Companies and businesses across various sectors will probably need to consider overtime working hours for their employees, as a temporary measure to cover the current serious shortage of workers due to the ongoing increase in the number of Covid-19 cases.
The State Bank of Vietnam (SBV) Ho Chi Minh City Branch informed that by the end of February 2022, the total credit balance of city-based credit institutions was estimated at over VND2.93 quadrillion, up 1 percent compared to the end of January and 3.54 percent compared to the end of 2021. This growth shows that HCMC's economy has a quite strong recovery because it is nearly twice as high as the national average.
The National Assembly (NA) Standing Committee on December 30, 2021 issued a resolution allowing the implementation of a number of mechanisms and policies in the healthcare sector serving Covid-19 prevention and control activities, including the management of drug and drug ingredients.
Regarding loan credit and bidding guarantee for enterprises bidding for four land plots in Ho Chi Minh City’s Thu Thiem New Urban Area, the Department of Banking Inspection and Supervision II said that commercial banks do not grant credit to four real estate businesses that won the auction of land use rights in the new urban area.