Hanoi to focus on raising domestic revenue
Business

Hanoi to focus on raising domestic revenue

Under the socio-economic development plan and State budget estimate for 2023 for Hanoi, the capital will work to boost domestic revenue by 7-9 per cent compared to 2022 estimates. Hanoi will also strengthen the fight against budget revenue losses from business on digital platforms and real estate transfers.
Funding available for traffic infrastructure projects in Nghe An
Investment

Funding available for traffic infrastructure projects in Nghe An

The Ministry of Transport has set aside more than VND12.6 trillion ($537.63 million) to implement traffic infrastructure projects in northern Nghe An province within the medium-term public investment plan to 2025. The province has also proposed investing in many key projects in the public-private partnership (PPP) form, such as upgrading Vinh International Airport and building the Cua Lo Deep-water Port.

VET Exclusive

Vietnam Today

Deputy PM approves National Cybersecurity and Safety Strategy

Deputy PM approves National Cybersecurity and Safety Strategy

Deputy Prime Minister Vu Duc Dam has signed Decision No. 964/QD-TTg approving the National Cybersecurity and Safety Strategy, proactively responding to challenges in cyberspace to 2025 and vision to 2030. The strategy initially aims for Vietnam to maintain a ranking in the range of 25th to 30th in the Cybersecurity and Safety Index, assessed by the International Telecommunications Union, by 2025.

Investment

Funding available for traffic infrastructure projects in Nghe An

Funding available for traffic infrastructure projects in Nghe An

The Ministry of Transport has set aside more than VND12.6 trillion ($537.63 million) to implement traffic infrastructure projects in northern Nghe An province within the medium-term public investment plan to 2025. The province has also proposed investing in many key projects in the public-private partnership (PPP) form, such as upgrading Vinh International Airport and building the Cua Lo Deep-water Port.

Banking & Finance

Measures needed to bring down prices

Measures needed to bring down prices

Petrol prices have been cut five times recently but the price of many goods and services remain high. To bring prices down to a reasonable level, solutions such as reorganizing distribution channels in a scientific manner, building short supply chains, and combining short supply chains with exchanges to help circulate goods efficiently and reduce the cost of intermediaries are needed.

Business

Old regulations on localization rates of motor vehicles to be abolished

Old regulations on localization rates of motor vehicles to be abolished

After being in place for nearly 20 years, regulations on localization rates and the degree of fragmentation of imported auto parts, issued by the Ministry of Science and Technology (MoST), are now no longer suitable with the development of automobile manufacturing technology and will be abolished from October 1.
Iron & steel exports up sharply

Iron & steel exports up sharply

Data from the General Department of Vietnam Customs shows that iron and steel exports posted the highest growth in the second half of July, rising 62.8 per cent. Such exports fell in the first half of the month, by 44 per cent compared to the second half of June.

Society

Drug shortages need solutions

Drug shortages need solutions

At the “Solutions to overcome the shortage of drugs and medical supplies” seminar organized by the Government Portal on August 12, analysts said that drug shortages are quite a problem and need to be addressed immediately. One key solution is to review and amend legal issues related to bidding.