ADB forecasts Vietnam's economic growth this year at 6.0%

Thời báo Ngân hàngThời báo Ngân hàng11/04/2024


Ho Chi Minh City determined to achieve the target of disbursing public investment capital

Ho Chi Minh City determined to achieve the target of disbursing public investment capital

By the end of the first quarter of 2024, the city had only disbursed about VND 5,566 billion (7.02%), so the leaders of Ho Chi Minh City requested units to focus on urgently implementing solutions to ensure disbursement of public investment capital as planned.

Comprehensive assessment and selection of optimal investment scenarios for the North-South high-speed railway

Comprehensive assessment and selection of optimal investment scenarios for the North-South high-speed railway

The Government Office has just issued Notice No. 152/TB-VPCP dated April 9, 2024, concluding the conclusion of Deputy Prime Minister Tran Hong Ha - Head of the Steering Committee at the second meeting of the Steering Committee to develop and implement the Project on investment policy for high-speed railway on the North - South axis and important national railway projects.

[Infographic] Import and export of goods in March 2024

[Infographic] Import and export of goods in March 2024

According to the General Department of Customs, in March 2024, Vietnam's exports were estimated at 33.65 billion USD, up 36.35% (equivalent to an increase of 8.9 billion USD) compared to the previous month, and imports were estimated at 30.881 billion USD, up 32.5% (equivalent to an increase of 7.57 billion USD) compared to the previous month. Total imports and exports in March 2024 were estimated at 64.540 billion USD, up 35% (equivalent to an increase of 16.5 billion USD) compared to the previous month. Thus, the trade balance in March 2024 is estimated to have a trade surplus of 2.7 billion USD.

Economic news review April 9

Economic news review April 9

The central exchange rate decreased by 1 VND, the VN-Index increased by 12.47 points or in March 2024, the country's trade balance of goods had a surplus of 2.78 billion USD... are some notable economic news on April 9.

Prime Minister Pham Minh Chinh works with Viettel on high-tech defense industry

Prime Minister Pham Minh Chinh works with Viettel on high-tech defense industry

On April 9, 2024, Prime Minister Pham Minh Chinh worked with the Military Industry-Telecoms Group (Viettel) on the T-09 program and Viettel's high-tech defense industry research and production activities.

State budget balance in the first quarter of 2024 is guaranteed

State budget balance in the first quarter of 2024 is guaranteed

According to the report on the implementation of the work program for March and the first quarter of 2024, the Ministry of Finance said that in the first quarter of 2024, the state budget balance was ensured when revenue was estimated at VND 539.5 trillion and accumulated expenditure reached VND 393.5 trillion. Both revenue and expenditure in the first quarter increased compared to the same period in 2023.

Proactively respond to irrigation water shortages

Proactively respond to irrigation water shortages

Recently, many places in the Central Highlands have experienced drought, causing damage to agricultural production. According to hydrometeorologists, in the dry season of 2023 - 2024 in the Central Highlands, drought will occur on a large scale and is likely to be severe. Therefore, localities and owners of irrigation works have taken the initiative to provide water for crops right from the beginning of the season.

[Infographic] Proposing 6 policy groups in the Law on Industrial Parks and Economic Zones

[Infographic] Proposing 6 policy groups in the Law on Industrial Parks and Economic Zones

The Ministry of Planning and Investment is proposing to develop a Law on Industrial Parks and Economic Zones to facilitate Vietnam in building large industrial parks to meet the requirements of supply chain development as well as green economic development in line with current orientations.

Attracting FDI: Many localities

Attracting FDI: Many localities "out of breath"

Completing infrastructure, developing modern industrial parks and clusters to meet production requirements are necessary and sufficient conditions to attract foreign direct investors (FDI).

Economic news review April 8

Economic news review April 8

The central exchange rate remained unchanged, the VN-Index decreased by 4.76 points, or in the first quarter of 2024, the total state budget revenue is estimated to reach 539.5 trillion VND... are some notable economic information on April 8.

Estimated public investment disbursement of nearly 90 trillion VND

Estimated public investment disbursement of nearly 90 trillion VND

In Resolution No. 44/NQ-CP of the regular Government meeting in March 2024 and the Government's online conference with localities, the Government requested ministries, agencies and localities to urgently allocate 100% of the 2024 state budget investment plan assigned by the Prime Minister.

Strive to achieve and exceed goals and targets in 2024

Strive to achieve and exceed goals and targets in 2024

The Government has just issued Resolution No. 44/NQ-CP on the regular Government meeting in March 2024 and the Government's online conference with localities, in which, in the remaining months of the year, the Government requires ministries, branches and localities to make efforts to overcome challenges, strive to achieve and exceed goals and targets in 2024.

Expecting a new wave of Taiwanese investment in Vietnam

Expecting a new wave of Taiwanese investment in Vietnam

To date, Taiwan (China) ranks 4th out of 145 countries and territories investing in Vietnam with nearly 3,200 projects and a total registered capital of over 39.5 billion USD. Taiwan has also become Vietnam's 5th largest trading partner, with a bilateral trade turnover of about 25 billion USD.

Promoting industrial and trade cooperation between Vietnam and Laos

Promoting industrial and trade cooperation between Vietnam and Laos

Minister Nguyen Hong Dien held talks with Lao Minister of Industry and Trade

BCI to reach 52.8 in Q1/2024, highest since 2022

BCI to reach 52.8 in Q1/2024, highest since 2022

The Business Confidence Index (BCI) reached 52.8 in the first quarter of 2024, the highest level since 2022 - a clear sign of growing confidence among the European business community in Vietnam, according to data recently released by the European Chamber of Commerce in Vietnam (EuroCham).



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