The northern province of Bac Ninh on March 3 officially licensed electronics manufacturer Goertek Vina a to raise its investment in its facility at Que Vo Industrial Park to 565.7 million USD from 260 million USD.
As the COVID-19 pandemic is predicted to linger and affect the State budget revenue as well as spending on the pandemic combat, it is necessary to flexibly combine fiscal and monetary policies to keep macro-economic stability, said Minister of Finance Ho Duc Phoc.
Vietnam has become one of the six countries with highest COVID-19 vaccination coverage in the world, Standing Deputy Prime Minister Pham Binh Minh told a teleconference between the Government and localities on January 5.
The adoption of some unprecedented measures supporting the COVID-19 fight, the commitment to achieving net zero emissions by 2050, and new records in the stock market are among the 10 most outstanding economic events of Vietnam in 2021. The following is the list selected by the Vietnam News Agency.
Budget collection has become a bright spot of Ho Chi Minh City’s economy in 2021 when it surpasses the year’s target despite severe impacts of the COVID-19 resurgence.
The State President’s recent visits to Switzerland and Russia achieved dual outcomes in both bilateral and multilateral diplomatic activities, in which renovation and creativity and consolidating the strategic trust are prominent issues.
The revenue to the state budget in the first 9 months of this year amounted to 1,084.7 trillion VND, representing 80.75 percent of the projection and an increase of 10.75 percent over the figure recorded in the same period last year, according to the Finance Ministry.
National Assembly Chairman Vuong Dinh Hue had a working session with Alexander Redeker, CEO of Aone Deutsland AG and leaders of Strabag on September 6 as part of his trip to Austria to attend the fifth World Conference of Speakers of Parliament (WCSP5).
Vietnam’s export turnover in the first eight months of 2021 rose by 21.5 percent year on year to 212.5 billion USD , despite a decline of 5.4 percent in August, the General Statistics Office (GSO) reported on August 29.
Vietnam's exports of phones and components brought in 29.35 billion USD in the first seven months of 2021, a year-on-year rise of 11.9 percent, according to the Ministry of Industry and Trade.
The electronics industry is forecast to have a robust year, driven by the increase in demand for communications’ products due to demand caused by social distancing measures implemented to tackled rising cases of COVID-19, according to the Ministry of Industry and Trade.
The Vietnam Dairy Products JSC – Vinamilk, the largest dairy company in Vietnam, posted a record high in net revenue of 15.71 trillion VND (682.57 million USD) in the second quarter of 2021, a year-on-year rise of 1.4 percent, according to its financial report.
The State budget collection is expected to reach about 8.3 quadrillion VND (361.7 billion USD) under the national financial plan for 2021-2025.
The 15th National Assembly adopted a resolution on the national financial plan and public debt borrowing and payment for the 2021-2025 period on July 28 during the ongoing first session in Hanoi.
Total revenue of the information and communications technology (ICT) sector is estimated at nearly 65 billion USD in the first half of 2021, up 22 percent year-on-year, according to the Ministry of Information and Communication.
President Nguyen Xuan Phuc on July 13 hosted receptions for Ambassadors of Thailand, Chile, Cuba and Russia, who came to present their credentials.
Vietnam’s economy is expected to grow by between 6-6.5 percent over the next decade, and at this pace, it will surpass Singapore by 2030, DBS Bank experts have said.
Bien Dong Petroleum Operating Company (Biendong POC), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), has reported that its revenue in the first six months of 2021 exceeded the set plan by four percent.
The northern province of Bac Giang will facilitate the development of 18 community-based tourism sites in the 2020-2025 period, according to the provincial Department of Culture, Sports and Tourism.
Vietnam’s shrimp export revenue in June hit nearly 402 million USD, bringing the six-month figure to 1.7 billion USD, up 13 percent year-on-year, reported the Vietnam Association of Seafood Exporters and Producers (VASEP).