Vietnam Today

On July 4, at the government’s regular meeting for June, Prime Minister Pham Minh Chinh said the country’s economy recorded some positive results in the first half of the year despite the difficulties and challenges. Regarding key tasks in the second half, he said priority must be given to stabilizing the macro-economy and controlling inflation.

The Minister of Finance signed a report to the National Assembly Standing Committee on July 4 proposing the continuation of reductions to the environmental protection tax on gasoline, oil, and grease. If implemented, State budget revenue would fall by an estimated VND1.4 trillion ($59.9 million) each month.

Vietnamese Products Week in Japan in 2022 has just taken place, from July 1-3, at the Aeon Lake Town Mori Trade Center in Saitama Prefecture and at all supermarkets and retail stores of the Aeon network in the country. In addition to traditional products, fresh lychee was the highlight this year. The Week is an annual activity held by the Ministry of Industry and Trade and Hanoi in cooperation with the Aeon Corporation to implement the “Promoting Vietnamese enterprises’ direct participation in foreign distribution networks” project.

The Long An Provincial People’s Committee has just approved the task of planning the Tan My New Urban Area in Tan My commune, Duc Hoa district, at a scale of 1/2000. The Mekong Delta province’s new urban area covers more than 930 ha and targets a population of 80,000-99,000. It will play an important role in linking Ho Chi Minh City and Mekong Delta provinces and in the distribution of the urban population between the province and Ho Chi Minh City.

While working with leaders from the Mekong Delta’s Ben Tre province on July 1, State President Nguyen Xuan Phuc said its economy is recovering and many signs of improvement can be seen, with gross regional domestic product (GRDP) increasing 4.18 per cent in the first half of 2022. He also pointed to a number of areas where the province needs to give priority in development, and added that it is necessary to turn tourism into a spearhead economic sector and effectively exploit the potential of the local marine economy.

The central highlands has an important strategic location in terms of economy, politics, and national defense and security for the country as a whole and the Indochina region and especially for Greater Mekong Sub-Region cooperation, according to Prime Minister Pham Minh Chinh. He suggested that the central highlands develop a green and circular economy, change mindsets from agricultural production to becoming an agricultural economy, and develop into a major tourism center in the country.