Motivation for regional economic development After the expansion of the administrative boundary according to Resolution No. 15/2008/QH12 of the 12th National Assembly, Hanoi has had many new resources. However, Hanoi needs strong reform policies to promote economic growth in line with its potential and promote its role as a driving force in the Northern key economic region and the Red River Delta region. Therefore, after the "Year of administrative discipline 2017", Hanoi defined 2018 as the "Year of enhancing the effectiveness and efficiency of the political system". In order to achieve a positive economic growth rate, the city focused investment on industrial production and accelerated the progress of planning and industrial development strategies towards prioritising high technology and clean technology industries and modern trade and service models. The city has also issued a plan to boost its exports, foster investment, and promote product brands through a number of fairs and … [Read more...] about New vitality in the thousand-year-old capital city
25 year old investment strategy
Unbroken momentum after 25 years
Vietnam is gathering spotlight as it strides into a new era revolving entirely around being better connected, faster, and smarter. Foreign banks are done seizing up Vietnam and are ready to wade deeper in, following the likes of ANZ Vietnam, which celebrates its 25th anniversary in the country this year. How do you see Vietnam’s economic development? What strikes you as the most impressive aspect of the Vietnamese economy? Farhan Faruqui and Jodi West at ANZ Vietnam’s 25th anniversary celebration Faruqui: In the past 20 years, the Vietnamese economy has been performing incredibly well with GDP growth close to seven per cent per annum. The country is liberalising trade by joining various trade deals, and is also a beneficiary of growing foreign direct investments as the world moves towards technology and manufacturing. We are fascinated by three aspects of Vietnam’s economic growth. First, more than half of the 100 million population is under 35 years old, … [Read more...] about Unbroken momentum after 25 years
Pairing well with investors for 25 years
In the autumn of 2016, Vietnam Investment Review joyfully celebrates its 25th anniversary of establishment. This is also a hallmark in the group's history of development. The events and forums organised by VIR at the national and international levels - such as the M&A Vietnam Forum and the Vietnam Investment Forum - have created a unique identity for the group. They have had significant impacts on many sectors of the economy. Through its publications and forums, VIR has created an important open debate-based information channel, contributing to the promotion of democracy in the process of making policies and important plans for the country's socioeconomic development. Successes reaped from persistent implementation of the motto "Pairing well with investors and enterprises" have strengthened VIR's fine media-enterprise relations. They have also enabled VIR to continue its mission to vividly reflect the business and investment developments in the economy, and at the same time to … [Read more...] about Pairing well with investors for 25 years
New image of 1000 year-old Thang Long (Hanoi)
Hanoi Times- Hanoi's 2010 goals are: Leading in economic development; leading in knowledge economic development, international integration and leading in industrialization and urban management; taking a lead in forming Hanoians' new civilization; contributing to the whole country's development. For making the dream come true, Hanoi releases its action program for 1000th Thang Long-Hanoi anniversary. Firstly, the city is trying to achieve 12-13% of GDP per year and US$ 3, 000 of GPD per capita. Then Hanoi needs to make a change in economic structure. Therefore, Hanoi should focus on high quality services and industries, high technology friendly with environment. For civilized image of the capital city by 2010, Hanoi should improve the quality and management of urban planning programs; attract foreign investments for technical infrastructure upgrading of all fields, especially in inner traffic. The city also guarantee for the quality and time of projects and 25 constructions … [Read more...] about New image of 1000 year-old Thang Long (Hanoi)
Healthcare budget up 25 pct in 2006
Budget investment for the healthcare sector this year is expected to reach VND15,000 billion, a year-on-year increase of 25 percent. Of the total, development investment will amount to VND2,200 billion, up 30 percent against last year. The figures were released at a conference to review the sector's work in 2005 and devise tasks for 2006. According to the Ministry of Health, the sector will prioritise investment allocations for upgrading general hospitals at the district, inter-district, communal and provincial levels, as well as improvements to specialised medical centres. 2006 is the first year the sector began to implement the overall healthcare development strategy for the 2006-2010 period, which focuses on socialising medical work with public healthcare playing the leading role. Accordingly, public healthcare services will help meet the requirements for caring, protecting and increasing people's health, particularly poor people, low-income earners, children under six years … [Read more...] about Healthcare budget up 25 pct in 2006