VIETNAM’S GREEN ECONOMY EXPECTED TO REACH 300 BILLION USD BY 2050
Vietnam has set a target of increasing its green economy's contribution to GDP from 6.7 billion USD in 2020 to 300 billion USD by 2050, which requires drastic and breakthrough steps, Minister of Planning and Investment Nguyen Chi Dung has said.
VIETNAM SEEKS SUPPORT FROM UK, EU IN CLEAN ENERGY TRANSITION
Deputy Prime Minister Tran Hong Ha has asked representatives of the UK and the European Union to share their experience and technologies in clean energy transition with Vietnam.
VIETNAM’S DIGITAL ECONOMY SETS HIGH GROWTH Q1
The Ministry of Information and Communications (MIC) on April 7 held a meeting to review the first-quarter performance and set future tasks. The event was chaired by Minister of Information and Communications Nguyen Manh Hung and was attended by the ministry’s departments, ICT companies, and leaders of the media.
VIET NAM AMONG MOST IMPROVED COUNTRIES FOR DOING BUSINESS: EIU
Viet Nam is among the countries that record biggest improvements in in business environment over the past year, reported the Economist Intelligence Unit (EIU). "The biggest improvements over the past year are in Viet Nam, Thailand, Belgium, Sweden, India and Costa Rica, according to the EIU's latest business environment rankings for the second quarter of 2023.
GARMENT EXPORTS SLUMP IN FIRST QUARTER
Textile and garment export value in the first quarter of 2023 reached US$7.1 billion, down 17 per cent compared to the same period in 2022, due to the impact of global inflation, according to the General Statistics Office (GSO).
POLICIES NEEDED TO BOOST PRODUCTION LINKAGE, LOCALISATION RATE: INSIDERS
Policies are needed to boost the number of domestic enterprises participating in the supply chain of multinational companies, and a boost is necessary in the localisation rate of the processing and manufacturing industry, which now remain modest, insiders said.
VIETNAM’S DIGITAL ECONOMY SETS HIGH GROWTH Q1
According to the ministry’s report, revenue of the industry in March was estimated to hit $14.15 billion), up 30 per cent on-month, thus increasing its total revenue to $23.85 billion in the first quarter, down 3 per cent on-year, and meeting 20 per cent of the yearly target.
RETAIL ENERGY PRICING IN PLANNING
The Ministry of Industry and Trade (MoIT) was tasked with completing the plan to modify the average retail price of electricity and submitting it to the government in accordance with the March resolution by the government at the monthly meeting.
