Governance of conflict resolution

At the hybrid event, he also urged keeping a closer watch on the situation, intensifying preventive and grassroots health care and vaccination, and enhancing disciplines; adding that greater efforts are needed to step up production and business, and public investment disbursement. Unnecessary spendings must be cut and the administration done concertedly and smoothly, the leader emphasized. Chinh pointed out uncertainties in the first seven months of this year, including unprecedented ones, such as the conflict in Ukraine, soaring oil and gas prices, inflation in many countries, and epidemics. Meanwhile, the domestic economy has shown limited resilience to external shocks, he noted. Apart from achievements, problems still remain such as inflation pressure and risk, price fluctuations and low public investment disbursement, he said, adding that some socio-economic recovery and development targets have yet to meet expectations. The participants are scheduled to look into the … [Read more...] about Prime Minister chairs government meeting on socio-economic situation

Public officials of the People's Committee of District 3 (HCMC) are handling administrative documents for residents. (Photo: SGGP) “The locomotive” is slowing down According to Professor - Dr. Nguyen Thi Canh, University of Economics and Law under the Vietnam National University HCMC, in 2019, the population of HCMC, excluding temporary residents, is about 9 million people. HCMC has the largest economic scale in the country, but in the past 2-3 years, due to the heavy impact of the Covid-19 pandemic, the city's economy had gone down. HCMC's GRDP reached 21.92 percent of the national GDP in 2015, 22.27 percent in 2017, 21.8 percent in 2020, and 20.12 percent in 2021. Regarding the proportion of budget revenue in the area, HCMC contributed 30.49 percent to the national budget in 2016, but it was only more than 24 percent in the past two years. "HCMC's economy is going down with many indicators," Prof.-Dr. Nguyen Thi Canh emphasized. She added that in 2015, the export proportion … [Read more...] about HCMC needs new strategic resolution for development

The Ministry of Planning and Investment (MPI) has submitted to the government a hallmark draft resolution on a number of key policies and solutions for assisting businesses to achieve their rapid and sustainable recovery until 2025. Robust answers in tow for business recovery, The view of the meeting (Photo: VNA) The draft resolution, set to be issued this week amid confidence of enterprises and investors growing strongly, said that Party and state will give maximum support to businesses to develop. “We consider removing barriers for businesses as a top political task, by clearing bottlenecks, mobilising and freeing social resources for development investment; highlighting the spirit of companionship with the business community; ensuring equal rights for all firms, and economic sectors to access resources and policies,” emphasised the draft resolution. Thereby, the resolution ensures the stability, consistency, predictability, clarity, transparency, and effectiveness … [Read more...] about Robust answers in tow for business recovery