Vietnam's Southeast region, a key economic engine that has experienced a recent slowdown, hopes to regain momentum with a new plan focusing on infrastructure and bottleneck removal.
Acknowledging Ninh Thuan's conditions as "difficult, dry and miserable", yet Prime Minister Pham Minh Chinh envisions a resilient province achieving rapid, sustainable growth under the newly approved Plan.
Prime Minister Pham Minh Chinh attended a major conference in Lang Son, outlining ambitious development plans and seeking investors to accelerate the province's transformation into a regional hub for trade and industry.
Vietnam's leadership has unveiled a comprehensive digital roadmap for this year, prioritizing digital economic growth, expanded public services, and robust digital infrastructure. The plan emphasizes practical, outcome-driven transformation with clear accountability for government agencies.
The Ministry of Finance’s plan on implementing the Public Debt Strategy to 2030, which has been approved by the Minister of Finance, outlines seven lists of tasks and projects, including a proposal to supplement and amend the Law on Public Debt Management in line with international practice. The 2030 public debt strategy sets a target that, by 2030, Vietnam’s public debt will not exceed 60 per cent of GDP, government debt will not exceed 50 per cent of GDP, and foreign debt will not exceed 45 per cent of GDP.
The Ministry of Industry and Trade (MoIT) plans to allocate at least 5.5 million cubic meters of petroleum to 36 key petroleum traders in the fourth quarter of 2022. Key petroleum traders have been assigned by the MoIT to acquire 20.72 million cubic meters. By the end of the third quarter, they had fulfilled 83 per cent of the plan.
Minister of Industry and Trade Nguyen Hong Dien has said that under the plan, 34 petroleum wholesalers are to import 500,000 cubic meters in October. At the end of September and in mid-October there were more than 3 million cubic meters on hand, with November imports to meet supply until the middle of the month. There is clearly no shortage, but sales are difficult.