Business News

The World Bank forecasts that Viet Nam’s GDP growth in 2021 is set to rebound to 6.6%, higher than the Vietnamese Government’s target for the nation’s economic growth this year.

Rebutting a proposal by cities and provinces, the Ministry of Industry and Trade (MoIT) maintains that Vietnam still needs to develop thermal power plants to ensure energy security and keep energy prices stable.

The subdivision planning is to serve for urban development in the historic inner zone with the approved planning in order to ensure the synchronisation in technical infrastructure and social infrastructure development, and improve the basic living standards of people towards modern and sustainable development.

Nearly 90% of Vietnamese enterprises negatively impacted by COVID-19

Eight groups of people will enjoy a 15 per cent rise in their pensions and social insurance allowances and monthly subventions from January 1, 2022 when a draft decree on the adjustments of these allowances is issued, according to the Ministry of Labour, Invalids and Social Affairs (MoLISA).

The city handed over approvals for the investment planning of five projects with a combined investment capital of nearly VND15 trillion ($652.17 million) and granted construction licences for the Co Giang apartment building project in District 1 with an estimated investment sum of VND3 trillion ($130.43 million).

Domestic and international businesses are expected to benefit more from Vietnam’s future e-government development, as the completion of the long-awaited legal framework on shared data could be a way to improve the business climate amid stiffening regional competition.

Vietnam is blessed with excellent sunshine throughout the year, providing it with a huge potential for developing solar power.