Topic: 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.

Ministry has adopted a host of measures to boost digital transformation in key endeavors.

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 Swiss Government will continue to support three industrial parks in Ho Chi Minh City, northern Hai Phong city, and southern Dong Nai province converting into eco-industrial parks in the 2020-2023 period under an international framework to replicate the model around the country. According to the Ministry of Planning and Investment, by 2030, 40-50 per cent of localities will convert existing industrial parks into eco-industrial parks.

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.