Steel reliance to be reduced in Ha Tinh 08:00 | 02/04/2021
The central province of Ha Tinh is striving to change for the better with its first-ever master planning expected to be adopted this year, with focus to be laid on the development of steel, energy, service, tourism, and logistics as the key pillars. However, should the province continue relying on steel manufacturing, which is prone to environmental pollution?
The master plan will see Ha Tinh prioritise development of manufacturing, logistics, services, and more. Photo: Le Toan
Nguyen Chi Dung - Minister of Planning and Investment, Chairman of the Appraisal Council
Vietnam currently has five big opportunities â stable political, social, and economic environment in addition to improved infrastructure; 14 free trade agreements that the country has inked with partners for further development; the Fourth Industrial Revolution; a gradual shift in trade and investment structures favourable
Stabilizing macro-economic foundations a priority Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
17/02/2021 07:00 GMT+7
Stabilizing the macroeconomy and controlling inflation are still the top priority policies in Vietnam’s next period of development.
Macro-foundations
In his remarks at the opening session of the 13th National Party Congress, General Secretary and President Nguyen Phu Trong three times mentioned the requirement of stabilizing macroeconomics as one of the major policies to operate the economy in the next 5, 10 years.
He said: “Continue to accelerate and effectively implement the restructuring of the state budget, manage public debt safely; restructure public investment, credit institutions and state-owned enterprises; ensure macroeconomic stability.
Building on economic resilience for the future 10:00 | 02/01/2021
Since the beginning of its reform in the late 1980s, Vietnam has achieved extraordinary results in its economic development. However, as complications arose and some administrative procedures are deemed suboptimal, the new economic restructuring plan for the next five years is highly anticipated by government officials, business leaders, and other stakeholders.
In the next five years, Vietnam aims to restructure its economy towards more resilience and sustainability, photo Le Toan
Throughout the last few decades, Vietnam has been constantly searching for new drivers for economic growth, and the economic consequences of the COVID-19 pandemic have even further encouraged the government and businesses to look for new ways of economic restructuring.