Invest lt emerging business fund direct growth

The ministry discussed three potential GDP outcomes for 2023. The lowest prospect mentioned would see GDP growth at 5% for the entire year. In this case, GDP in the last quarter would have to reach 7%, according to ministry analysts. The middle of the road scenario would see GDP round out the year at 5.5%, in which case final quarter GDP growth would need to reach 8.8%. The most optimistic scenario would be GDP growth ending the year at 6%, but in order for that to happen, GDP growth in the fourth quarter must reach 10.6%. This would be a challenge, according to the ministry, as GDP growth in the third quarter reached only 5.33%. Ministry analysts have said that economic growth in the final quarter would depend on how quickly industrial production recovers, especially in manufacturing and processing. Another factor is demand from Vietnam’s major export markets, as well as tourism and spending within the country at the end of the year and for the upcoming Lunar New Year holiday. … [Read more...] about GDP growth 6% max this year, ministry predicts

He emphasized the need to strongly promote growth drivers, speed up industrial production development, especially the manufacturing-processing industry in the context of continued difficulties and challenges in the world situation as well as in the country. The government leader reiterated the overall goal of maintaining macro-economic stability, reining in inflation, propelling growth, ensuring major balances of the economy, paying attention to social welfare, protecting socio-political stability and social order and safety, intensifying anti-corruption activities, strengthening national defense-security, promoting external relations, and maintaining a peaceful environment for development. He asked agencies, sectors and localities to get plans and scenarios readied to respond to all circumstances. It is necessary to focus on boosting industrial production with a goal of about 10% in the fourth quarter to make up for the slow growth in previous quarters, he said, ordering … [Read more...] about Prime Minister urges utmost efforts to complete targets for 2023

The event aimed to celebrate the 50th anniversary of Vietnam - Japan diplomatic relations (1973-2023), tighten the two countries’ friendship, and promote Japan’s images among Vietnamese as well as introduce Tra Vinh to international friends and investors. At the event, Chairman of the provincial People's Committee Le Van Han thanked the Japanese Government for its support to the province in job creation, poverty reduction, and socio-economic development. Japan is one of the most important strategic partners, and the largest official development assistance (ODA) supplier  of Vietnam and a traditional partner of Tra Vinh province, he said, adding projects funded with Japan’s ODA have brought great economic benefits to people in the province. In particular, a branch of Japan's Yazaki EDS Vietnam Company Limited is operating in the locality with a total investment capital of nearly 49 million USD, creating jobs for over 5,000 local workers. Currently, colleges and universities in … [Read more...] about Tra Vinh organizes 3rd Vietnam – Japan cultural exchange program

Vietnam now has nearly 55,000ha of dragon fruit farming and harvests about 1.3 million tons each year. The favorable soil and climate conditions have enabled the country to produce dragon fruit on a large scale all year round. As a result, it used to be the world’s leader in terms of the farming area, output, and export value, said Nguyen Quoc Manh, head of the fruit tree division of the Crop Production Department at the Ministry of Agriculture and Rural Development. However, after conquering several markets for a certain period of time, the fruit from Vietnam is facing a number of challenges, he noted, pointing out the foreign markets’ increasingly stringent standards for quality, food safety, and look of fresh dragon fruits, the emergence of many pests and diseases caused by climate change impacts, soaring fertilizer prices, the unsustainable connectivity between businesses and farmers, the limited number of companies involved in value chains to meet requirements of major and … [Read more...] about Vietnam seeks to secure sustainable development for dragon fruit sector