PM urges central, Central Highlands provinces to speed up public investment disbursement
Prime Minister Nguyen Xuan Phuc on July 18 urged 12 cities and provinces in the central and Central Highlands key economic region to push ahead with public investment disbursement.
PM Nguyen Xuan Phuc speaks at the meeting. (Photo: VNA)
Da Nang (VNA)– Prime Minister Nguyen Xuan Phuc on July 18 urged 12 cities and provinces inthe central and Central Highlands key economic region to push ahead with publicinvestment disbursement.
During a meeting in Da Nang with representativesof the localities, the leader said greater efforts are needed to removedifficulties faced by the existing projects, and attract new projects.
He also ordered measures to promote domestictourism, digital transformation, administrative reform and online publicservices, along with breakthrough solutions to spur regional connectivity andairport, seaport and logistics infrastructure, including coastalexpressways.
No locality in the central, Central Highlandsregion is allowed to experience negative growth, he requested, suggesting localauthorities and people put forth specific action programmes in order tocomplete socio-economic targets at the highest level.
Apart from promoting the private economic sectorand improving the business environment, the localities should utilise theEU-Vietnam Free Trade Agreement (EVFTA) and new-generation free tradeagreements to include major products in major global value chains.
The Government will accompany the localities inovercoming difficulties, he pledged, assigning the Ministry of Planning andInvestment to supervise their public investment disbursement.
The ministry reported that the gross regional domesticproduct (GRDP) of the region contracted some 3.22 percent in the first half ofthis year.
According to the State Treasury of Vietnam, asof June 30, public investment disbursement of the seven central localitiesreached only 34.2 percent of the target, lower than the national average. /.
Prime Minister Nguyen Xuan Phuc on July 9 urged the Mekong Delta province of Ben Tre to work hard to complete yearly targets and tasks, with local public investment disbursement rate set at at least 90 percent.
Prime Minister Nguyen Xuan Phuc had a working session with authorities from the northern province of Ninh Binh on July 12 to check the implementation of socio-economic development in 2020, including the disbursement of public investment.
Prime Minister Nguyen Xuan Phuc chaired an online meeting on July 16 between permanent Government members and localities on speeding up public investment disbursement.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
PM Nguyen Xuan Phuc speaks at the meeting. (Photo: VNA) 
