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CIEM issues two scenarios for economic growth for 2021 | Business

Illustrative image (Photo: VNA) Hanoi (VNA) – The Central Institute for Economic Management (CIEM) introduced two scenarios for Vietnam’s economic growth 2021 during a seminar held in Hanoi on January 15. The event was co-hosted by the CIEM and the Australia Supports Economic Reform in Vietnam (Aus4Reform). Accordingly, Vietnam could achieve a growth rate of 5.98 percent in the first scenario and 6.46 percent in the second scenario. The average inflation was estimated at 3.51 percent and 3.78 percent, respectively. Export was expected to grow by 4.23 percent in the first scenario and 5.06 percent in the second scenario. Trade surplus was forecast to stand at 5.49 billion USD and 7.24 billion USD, respectively.

3 6 trillion VND to be invested in Tay Ninh port cluster | Business

Illustrative image (Source: VNA) Tay Ninh (VNA) - The People’s Committee of the southern province of Tay Ninh has approved the investment policy for a port cluster project costing over 3.6 trillion VND (156.07 million USD) in Trang Bang district’s Hung Thuan commune. The 259.22-ha project comprises a logistics centre, an inland container depot and Tay Ninh general port. It will form a synchronous infrastructure and transport network, cut time for goods shipments and logistics costs, and contribute to socio-economic development in the region. A joint venture between the Tay Ninh Logistics Joint Stock Company (TANIL), the International Investment Trade and Service Company (ILS),

Thousands of hectares of rice affected by salinity, diseases in Kien Giang | Business

Last year’s summer-autumn rice is harvested in Kien Giang province’s Hon Dat district. Thousands of hectares of rice have been damaged by salinity and diseases in the ongoing rice crop. (Photo: VNA) Kien Giang (VNA) - Kien Giang, the country’s largest rice producer, has more than 7,140ha of ‘mua’ rice crop damaged by 30-70 percent because of salinity, according to the province’s Plant Cultivation and Protection Sub-department. The damaged areas are in the districts of An Minh, An Bien and Vinh Thuan. The ‘mua’ variety of rice is grown in the rainy season in areas where farming is rainfed. In

Vietnam continues to move forward in 2021

Vietnam continues to move forward in 2021 Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công  11/01/2021    17:48 GMT+7 Dr Tran Thi Hong Minh, Director of the Central Institute for Economic Management, talks about Vietnam’s potential for economic development in 2021. Dr Tran Thi Hong Minh, Director of the Central Institute for Economic Management.  What was the driving force for Vietnam to achieve the growth rate of 2.91 per cent in 2020 amid the COVID-19 pandemic? There were two basic factors helping Vietnam achieve the GDP growth rate of 2.91 per cent in 2020. Yet, this rate was the lowest in the country’s five-year plan from 2016-2020. However, in the context of the pandemic, this growth rate is a remarkable achievement.

Vietnam boosts innovation and start-up ecosystem through National Innovation Centre(NIC)

Vietnam boosts innovation and startup ecosystem Vietnam boosts innovation and startup ecosystem 11 January 2021 | News The government held opening ceremonies for the National Innovation Center (NIC) and the International Innovation Expo 2021-VIIE 2021 Photo Credit: Vietnam Government Portal (VGP) Vietnam has launched the construction of National Innovation Centre (NIC), worth 740 billion VND ($32 million), spread across the area of 35 hectares in Hoa Lac hi-tech park on the outskirts of Hanoi.  The construction of the NIC and organization of the Expo manifested the Government’s commitments to joining with enterprises and individuals in accelerating innovation. The center aims to develop start-up and innovation eco-system, contributing to growth model transformation based on science and technology development. It plans to boost domestic and international innovative businesses, laboratories, offices of large corporations, as well as a working place of leading

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