VEPR director: Growth quality is crucial
Tuesday,  Jul 11,2017,23:59 (GMT+7)
HANOI - Director of the Vietnam Institute for Economic and Policy Research (VEPR) Nguyen Duc Thanh has underscored the importance of achieving real growth and high growth quality, which actually reflect the true performance of the economy.
Vietnam, Germany ink deals worth 1.5 billion euros
Tuesday,  Jul 11,2017,00:17 (GMT+7)
HCMC’s CIT revenue soars in H1
Tuesday,  Jul 11,2017,00:12 (GMT+7)
HCMC - Corporate income tax (CIT) revenue in HCMC grew nearly 18% in the first half of this year compared to the same period last year, buoyed by company stake transfers and better performance of enterprises in the southern city.
Settlement plans thrashed out for 12 loss-making projects
Friday,  Jul 7,2017,20:58 (GMT+7)
HANOI – Deputy Prime Minister Vuong Dinh Hue has thrashed out plans to deal with 12 loss-making projects and plants in the industry and trade sector in line with a conclusion of the Politburo.
HCMC chooses PPP as key fund-raising vehicle
Friday,  Jul 7,2017,20:55 (GMT+7)
HCMC – The HCMC People’s Council on July 6 opted for public-private partnership (PPP) as a key fund-raising vehicle given the lack of capital for vital infrastructure development projects.
Jan-Jun retail sales grow 10%
Friday,  Jul 7,2017,20:55 (GMT+7)
HCMC – Vietnam’s retail market kept strong growth momentum in the first half of 2017, with sales revenue estimated to expand 10.2% year-on-year to US$64.3 billion.
Deputy PM orders tightening of public spending
Friday,  Jul 7,2017,00:17 (GMT+7)
HANOI - Deputy Prime Minister Vuong Dinh Hue has ordered the Ministry of Finance to strictly respect the public spending discipline as specified in the Politburo’s Resolution 07.
PM resolved to cut zoning plans
Thursday,  Jul 6,2017,00:20 (GMT+7)
HANOI – Prime Minister Nguyen Xuan Phuc has shown his determination to slash zoning plans, saying the existence of up to 20,000 zoning plans, most of them unworkable, is a huge waste of money.
HCMC’s 2017 growth target seen obtainable
Thursday,  Jul 6,2017,00:19 (GMT+7)
HCMC – Deputies of the HCMC People’s Council are pinning high hopes that the city will be able to achieve its 2017 growth target of 8.4-8.7% given monetary market stability, and positive capital mobilization and economic restructuring.
Vietnam’s foreign reserves rise to US$42 billion
Wednesday,  Jul 5,2017,23:05 (GMT+7)
HCMC – Vietnam saw its foreign exchange reserves soaring to a record high of US$42 billion in end-June, up by US$1 billion against early this year, said the State Bank of Vietnam’s Governor Le Minh Hung.
Manufacturing sector recovers in June
Wednesday,  Jul 5,2017,23:05 (GMT+7)
HCMC – Growth in the Vietnamese manufacturing sector improved at the end of the second quarter following a slowdown in May, as a solid rise in new orders drove up production, employment and purchasing activity, said a Nikkei report.
US$7.5 billion budget proposed for medium-term investment in HCMC
Wednesday,  Jul 5,2017,23:04 (GMT+7)
HCMC – The government of HCMC has sent a medium-term public investment plan for the 2016-2020 period with a total budget of about VND172 trillion (US$7.56 billion) to the city People’s Council for approval.
Bumpy road ahead - PM
Tuesday,  Jul 4,2017,23:51 (GMT+7)
Hanoi, HCMC - Prime Minister Nguyen Xuan Phuc has pointed out a rough road ahead for the Government, ministries and localities to achieve the gross domestic product (GDP) target of 6.7% in 2017 despite some encouraging economic indicators in the first half.
Vietnam, Russia look to US$10-billion bilateral trade
Monday,  Jul 3,2017,22:09 (GMT+7)
HANOI – Vietnamese President Tran Dai Quang and Russian President Vladimir Putin showed their determination to strengthen economic cooperation, and expand annual two-way trade to US$10 billion by 2020.
State employees to get higher base salary next month
Friday,  Jun 30,2017,21:06 (GMT+7)
HANOI – The monthly base salary for public employees will increase to VND1.3 million (US$57.35) from the current VND1.21 million from July 1.
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