The 4th Session of the 15th Hai Duong Provincial People's Council solemnly opened on the morning of 11 December. … [Read more...] about Solutions to overcome difficulties in economic development discussed
Economic development tax credits
Economic development in the doldrums
Vietnam's economic development in the year to date is being put under microscope by experts - and the view is disappointing. The corporate picture in the year ending September is generally in a gloomy tone. More than 5,140 businesses went bust in August alone and names of struggling firms became apparent publicly after recent releases of 2012's first six month audited financial statements. … [Read more...] about Economic development in the doldrums
Performance of Vietnam’s socio-economic development in 2010*
The year 2010 is the final year to implement the 5 year Socio-economic Development Plan2006-2010. The 2010 Socio-economic Development Plan was implemented in the context of Vietnam having to face many difficulties and challenges stemming from unfavourable impacts of the financial crisis, natural disasters and epidemic diseases. However, thanks to the endeavours of the political and administrative system, the business community as well as the whole society, Vietnam has achieved the majority of targets in accordance with the Resolution of the National Assembly. … [Read more...] about Performance of Vietnam’s socio-economic development in 2010*
Socio-economic development in Mekong Delta faces hurdles
"Socio-economic development in the Mekong Delta is facing hurdles, businesses are on hold, farmers unable to sell produce and several vital traffic projects lie incomplete from lack of capital shortage", overheard at a conference in Can Tho City on Thursday. The conference was hosted by the Steering Committee for the Southwest to review the socio-economic status in the Mekong Delta in the first half of the year and find viable solutions for the second half. Among the participants was Deputy Prime Minister Vu Van Ninh along with representatives from ministries and local departments of the region. Tran Thanh Man, secretary of the Party Committee in Can Tho City, said that agricultural production in the city has slowed down. In the first six months, the city's budget only reached 37 percent of its target. From 9,000 small and medium businesses in Can Tho City, 600 have stopped operations and 150 have closed down, mainly due to unsold goods. Farmers too are unable to sell their … [Read more...] about Socio-economic development in Mekong Delta faces hurdles
HCMC Party Committee to focus on socio-economic development
Le Thanh Hai, secretary of the HCMC Party Committee, said at the closing session of the 10th conference on July 4 that “for our city, the aim to increase GDP by 10 percent in 2012 will be a big challenge, but we must continue to strive to meet the goal with drastic and effective measures, and create favorable conditions for development and growth”. Mr. Hai added, “In the first six months of 2012, the city has been recovering economically with positive developments. After 16 months of implementation of Resolution 11 of the Government that focuses on cautious monetary policies and tightening of public investments there are clearer results. For example, inflation has been intercepted; GDP per capita in the first six months has increased 8.1 percent and the total turnover of retail goods and services increased by 22.3 percent. HCMC is responsible for leading and supporting enterprises to recover production. The city authorities will be more proactive in coordinating … [Read more...] about HCMC Party Committee to focus on socio-economic development