Mr. Nguyen Duc Hien, Deputy Head of the Central Economic Committee, said that over the past ten years, urbanization and urban development in Vietnam had seen rapid growth, promoting the country's economic development and achieving many set targets. The space and number of urban areas have increased rapidly from 33.5 percent in 2010 to nearly 39 percent in 2020. Urban areas were evenly distributed, creating a nuclear driving force for the process of socio-economic development. The urban economy is one of the three pillars of the economy, accounting for more than 7 percent of the country's gross domestic product (GDP). However, urbanization and urban development still show many shortcomings, such as the risk of imbalance in development between urban and rural areas, overloaded infrastructure, and asynchronous connection. Assessing the real estate market recently, Mr. Nguyen Van Sinh, Deputy Minister of Construction, said that the development of the real estate market is not sustainable. … [Read more...] about Urbanization spurs socio-economic development
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“With the completion of this strategic milestone, we expect to bring breakthrough value to consumers in a much more scalable fashion and develop power brands. Our mission is to supply fresh, safe, affordable, and traceable meat products to each and every Vietnamese consumer.” — VNS … [Read more...] about Mitsubishi Materials invests $90 million for 10 per cent stake in Masan High-Tech Materials
According to the association, for the gold exchange to operate effectively and not be taken advantage of, a sound legal foundation should be introduced, including gold standards and quality, trading limits, requirements for members joining the gold trading platform and so on. … [Read more...] about Establishment of gold exchange proposed
On November 11, the Government Office released a notice about the Deputy Prime Minister Trinh Dinh Dung’s conclusion at the meeting discussing solutions to develop the automobile industry, which gathered representatives of ministries, the Vietnam Automobile Manufacturers' Association (VAMA), and enterprises. … [Read more...] about When will taxes be lowered to reduce automobile prices?
A Cơ Tu member of the Ginseng Co-operative in Gary Commune, Quảng Nam Province displays ginseng roots at an exhibition organised by the United States Agency International Development (USAID)-funded Green Annamites Project. VNS Photo Công Thành … [Read more...] about People benefit from Green Annamites Project