According to the Ministry of Finance, as of the end of 2020, nearly VND390 trillion ($16.95 billion), equivalent to 82.8 per cent of the plan allocated, was disbursed, while the figure as of end-November was VND329.9 trillion ($14.3 billion) only, equalling 70.1 per cent. This is the highest ratio of disbursement in 2016-2020 – with 80.3 per cent in 2016, 73.3 per cent in 2017, 66.87 per cent in 2018, and 67.46 per cent in 2019. Most of the capital has been invested in infrastructure works. … [Read more...] about Reshuffle underway to further stimulate revival of economy
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VIETNAM NEWS JANUARY 20
During the first year of serving as a non-permanent member of the UNSC for the 2020-2021 tenure, Vietnam made a number of hallmarks such as pushing forward the UNSC’s adoption of the Presidential Declaration on the compliance with the UN Charter, organising the ASEAN-UN dialogue, and especially proposing and promoting the UN General Assembly’s Resolution on designating December 27 as International Day of Epidemic Preparedness for the first time. … [Read more...] about VIETNAM NEWS JANUARY 20
VIETNAM BUSINESS NEWS JANUARY 20
As e-commerce is a field which needs significant capital, Vietnamese businesses without a parent company with strong financial potential would not be able to develop and compete as they are only allowed to access capital from the narrow list of investors announced periodically by the Ministry of Industry and Trade, he said. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 20