What are long term investments

An overview of the meeting (Photo: VNA) Hanoi (VNA) – The impressive economic growth in the first seven months of this year reflects the efficiency of the policies that have been applied recently, stated Minister of Planning and Investment Nguyen Chi Dung at the meeting between the Prime Minister and businesses that opened in Hanoi on August 11. The minister said that international organisations have shown optimism about the Vietnamese economy, rating the country’s long-term credit as "stable" and "positive". Many economists held that the Vietnamese economic resilience is relatively good currently, he added. The official cited a recent survey as showing that in the second quarter of this year, 70-80% of total businesses highly valued the effectiveness of the Government’s support to businesses amid the COVID-19 pandemic , especially those in taxation. As of the end of July, the country had 871,000 companies, up nearly 13% over 2019. In July alone, more than 130,000 … [Read more...] about Government’s economic stimulation policies prove effective: Minister

Phan Van Mai, Chairman of the HCMC People's Committee (right) hands over a souvenir to Tan See Leng, Singapore’s Minister for Manpower and Second Minister for Trade and Industry. (Photo: VNA) Chairman of the HCMC People's Committee Phan Van Mai hosted a reception for Tan See Leng, Singapore’s Minister for Manpower and Second Minister for Trade and Industry on August 11. He affirmed that the cooperation between HCMC and Singapore not only brings benefits to the city but also is an important factor contributing to the common development of Vietnam-Singapore relations. At the event (Photo: VNA) Along with potential fields such as smart city building, urban management and green economy, the city expects to strengthen collaboration and share experience in startup development, helping the city become an innovative start-up center of the country and the region, the official said. He hoped that Singapore will share experience to improve the dialogue mechanism between the … [Read more...] about HCMC, Singapore enhance cooperation on human resources development

Chairing at a Government to Business (G2B) conference on August 11, PM Chinh said thanks to tireless efforts over the last two years, Vietnam has managed to contain the COVID-19 pandemic, with stable macro-economy, inflation under control and positive economic growth. He asked for more efforts to improve the business and investment environment and accelerate the reform of administrative procedures; build industry strategy and planning; and develop socio-economic infrastructure, towards creating favorable for businesses to build long-term and sustainable business, production and investment orientations. Attention should be paid to renewing business and production models, restructuring enterprises in association with digital transformation and innovation in order to find new opportunities for businesses, he said. Business associations must uphold their role in supporting their member enterprises, especially promoting connection activities to help businesses overcome difficulties, … [Read more...] about PM asks for greater efforts to promote sustainable recovery