VIET NAM TARGETS TO RAISE GDP PER CAPITA TO US$3,900 NEXT YEAR
The plan envisages other goals including GDP growth rate of 6-6.5 percent, processing and manufacturing sector accounting for 25.5-25.8 percent of GDP, an average consumer price index growth of 4 percent, an average growth rate of labor productivity of 5.5 percent, and labor force in agriculture accounting for 27.5 percent of the total social labor force.
FOREIGN INVESTMENT INFLOWS PICK UP SLIGHTLY IN FIRST 11 MONTHS
As of November 20, foreign direct investment capital inflows into Viet Nam reached US$26.46 billion, an increase of 0.1 percent compared to the same period last year.
PROMOTING ECONOMIC RECOVERY FROM COVID-19
“Post-COVID 19 Economic Recovery and Development - International experience and lessons for Vietnam” is the theme of an online seminar co-organized by the Vietnam Chamber of Commerce and Industry (VCCI) and the Asian Development Bank (ADB) in Vietnam.
VIETNAM EYES 4 GW OFFSHORE WIND POWER CAPACITY BY 2030
Vietnam will increase offshore wind power capacity to 4 GW from 1 GW and onshore wind power capacity to nearly 17.34 GW from about 1.26 GW by 2030, according to the latest draft of the National Power Development Plan VIII.
US-SUPPORTED GREEN INDEX TO PROMOTE ENVIRONMENTALLY FRIENDLY BUSINESS ECOSYSTEM IN VIETNAM
On November 23, the US Agency for International Development (USAID), the Vietnam Chamber of Commerce and Industry (VCCI), and Suntory PepsiCo Vietnam (SPV) signed an MoU to establish a Green Index to help businesses identify provinces that are facilitating green operations.
GOV’T ENCOURAGES PUBLIC-PRIVATE INVESTMENT IN DIGITAL TRANSFORMATION
The Vietnamese Government will lead the way in digital transformation to mobilize public-private investment in this process. Prime Minister Pham Minh Chinh made the above statement in Tokyo on Wednesday morning during his meeting with leaders of several major Japanese digital enterprises.
IMPORT-EXPORT REVENUE FORECAST TO HIT NEW RECORD IN 2021: MOIT
According to the ministry, by the end of this year, businesses can regain a growth rate like before the pandemic broke out. Sectors that are traditionally strong in export such as telephone, electronics, machinery and accessories are also likely to post export growth of 15-25 percent this year, it said.
JAPAN IS STRATEGIC PARTNER OF TOP IMPORTANCE TO VIET NAM, PM SAYS
Prime Minister Pham Minh Chinh said that Japan is a strategic partner of top importance to Viet Nam. PM Pham, who is on a four-day official visit to Japan, made the above statement at his meeting with former Japanese Prime Minister Suga Yoshihide and President of the Japan–Viet Nam Parliamentary Friendship Union Nikai Toshihiro in Tokyo on November 23.
