Tag: Ministry of Planning and Investment

The incentive is part of a draft decree by the Ministry of Planning and Investment.

Vietnam has immense potential to become a hub for green production and recycling products and services

Average deal size was $54.5 million, indicating a shift towards strategic investments requiring greater financial capabilities.

Director-General of the Department of National Economic Issues Do Thanh Trung has been promoted to the position.

Total capital from foreign investors reached $22.46 billion in the first ten months of the year.

The Ministry of Planning and Investment is finalizing a draft government resolution on a number of key policies and solutions to help businesses recover quickly and develop sustainably by 2025. There are to be 1.5 million businesses by that time, with the business sector contributing 65-70 per cent of GDP, 30-35 per cent of jobs, and 98-99 per cent of trade turnover.

At the Extra-ordinary Meeting of the National Assembly Standing Committee on August 29, Deputy Minister of Planning and Investment Tran Quoc Phuong presented a proposal to allocate VND176 trillion ($7.5 billion) to implement the socio-economic recovery program and to move the remaining VND900 billion ($38 million) in health and social security to three transport projects for infrastructure development.

Financial limits and lack of knowledge among reasons hindering the digitalization process at female-owned businesses.

Deputy Minister of Planning and Investment Tran Quoc Phuong provided insights into industrial parks and economic zones at the recent Vietnam Industrial Park Forum 2022.

Mr. Le Manh Hung, Director of the Enterprise Development Agency at the Ministry of Planning and Investment, shared the initial results of the “Promoting reform and enhancing the connectivity of small and medium enterprises” (LinkSME) project with participants at the “Promoting support for digital transformation and financial access for small and medium-sized enterprises” conference on July 26.

On July 1, at a conference summarizing 20 years of implementing a Politburo Resolution on socio-economic development in the central highlands, Minister of Planning and Investment Nguyen Chi Dung raised five key issues in need of attention for the region to boost development, such as restoring and developing the forest economy, protecting watershed ecosystems, biodiversity, and water security, and addressing immigration issues.

The Vietnam Chamber of Commerce and Industry (VCCI) held a meeting on June 21 between the President of the National Assembly of Mozambique, Ms. Esperanca Bias, who is visiting Vietnam, and Vietnamese businesses. A representative from the Ministry of Planning and Investment said that Vietnam is ready to act as a transshipment hub for Mozambique’s goods to expand in Southeast Asia. Vietnam also hopes that Mozambique will be a bridge helping its goods penetrate into the southern African market. Vietnam is currently a priority in Mozambique’s Eastern foreign policy.

According to the Ministry of Planning and Investment, total additional FDI capital reached nearly $5.29 billion in the first four months of 2022, up 92.5 per cent year-on-year, while the total value of capital contributed to buy shares was more than $1.83 billion, up 74.5 per cent. Newly-registered FDI, meanwhile, fell during the period.