The COVID-19 situation has considerably sped up the transition of manufacturing work into Vietnam and the country is uniquely positioned to take advantage of this move.
Foreign media view 2020 as a truly special year for Vietnam as the country has not only performed the dual role of ASEAN Chair and a non-permanent member of the UN Security Council (UNSC) but also done a good job of concurrently containing COVID-19 and sustaining economic growth.
The Japan Centre for Economic Research has predicted that Vietnam will become an upper-middle-income country in 2023, and its GDP will surpass that of China’s Taiwan in 2035.
Vietnam is situated within the most dynamic maritime transport network in the world. With a coastline of over 3,200 km, the country boasts huge potential for the development of sea transport and other maritime services.
The Eurasian Times has recently published an article on Vietnam’s success in attracting foreign direct investment (FDI), saying the Southeast Asian nation has emerged an FDI hub in Asia.
The 16th Party Congress of central Thua Thien-Hue province (2020-2025 tenure) opened on October 22, bringing together 350 delegates representing Party members across the locality.
The 11th Party Congress of Ho Chi Minh City for the 2020-2025 tenure on October 17 agreed to adjust down a number of development targets set for the 2020-2025 period.
The 16th Party Congress of northern Hai Phong city for the 2020-2025 tenure wrapped up on October 15 afternoon, issuing a resolution that targets an average growth rate of 14.5 percent annually for the period.
The northern coastal province of Quang Ninh has set a goal to have modern industry and service sectors and become one of the region’s comprehensive and dynamic development hubs by 2025.
Politburo member and National Assembly Chairwoman Nguyen Thi Kim Ngan attended the 15th Party organisation’s congress of northern Quang Ninh province on September 26, during which she lauded efforts it has made to become one of Vietnam’s leading localities in terms of economic growth, provincial competitiveness, administrative reform and IT application.
Party General Secretary and State President Nguyen Phu Trong on September 3 lauded the Ho Chi Minh City Party organisation for its thorough preparations for the upcoming 11th municipal Party Congress (2020-2025 tenure).
Party General Secretary and State President Nguyen Phu Trong, who is also Chairman of the Subcommittee on Party documents of the 13th National Party Congress, has written an article emphasizing the need to well prepare and organise the 13th National Party Congress in order to bring the country to a new development period.
The 13th National Party Congress needs to be well prepared and organised in order to bring the country to a new development period, Party General Secretary and State President Nguyen Phu Trong has said.
The agriculture ministry has devised measures to turn Vietnam into one of the world’s most 15 developed countries in terms of agriculture by 2030, and among the top 10 farm produce processing hubs.
Prime Minister Nguyen Xuan Phuc suggested the northeastern province of Quang Ninh devise a strategy to develop tourism as its spearhead economic sector, especially in the remaining months of this year and during the new tenure of the provincial Party Organisation.
Regardless of the Covid-19 pandemic, Vietnam is forecast to be one of the fastest-growing economies in Southeast Asia, according to international organisations.
Since victory over the US on April 19, 1975, Binh Thuan province has been in a period of change and development. Over the past 45 years, the army and people of Binh Thuan have continued to build a prosperous homeland and improve the livelihoods of local people here.
Prime Minister Nguyen Xuan Phuc, on October 1, chaired a meeting of the 13th National Party Congress’s sub-committee on socio-economic affairs.