PSNews - The Ministry of Planning and Investment stated that, Vietnam’s outbound investment, including both newly-registered and adjusted capital, exceeded 450 million USD in the first 10 months of this year, equivalent to nearly 70% of the figure recorded in the same period last year.
The initial six months of the year saw public investment disbursement only met 27.86% of the annual plan, a figure even lower than the 29.02% recorded in the same period last year, according to the Ministry of Planning and Investment (MPI).
The initial two months of the year witnessed as many as 33,611 domestic businesses withdraw from the market, a rise of 18.6% in comparison to the same period from last year, according to statistics released by the Ministry of Planning and Investment.
The Ministry of Planning and Investment (MPI) lowered its estimate for Vietnam’s GDP growth to 6.58 percent in the first quarter of this year.
A huge influx of foreign direct investment (FDI) is making its way into the fields of mechanical engineering, and manufacturing and processing, which are expected to fuel the supporting industry in the coming years if Vietnam issues effective policies, industry insiders have said.
Mekong Delta localities collected more than VND243.2 trillion (US$10.46 billion) for the budget in 2016-2018, and made up 18% of the country’s GDP, according to an official from the Ministry of Planning and Investment (MPI).
PSNews - Chief Executive Officer of Bamboo Airways said: "Bamboo Airways is positioned as a “hybrid” airline, combining the traditional and low – cost models, with the target of offering services that satisfy different demands in every passenger segment".
PSNews - The Ministry of Public Security (MPS) had a working session with the Ministry of Planning and Investment (MPI) on the MPS development capital plan for 2018 and its medium-term investment plan in period 2016-2020, on January 13, in Hanoi.
The Department for Economic Zones Management of the Ministry of Planning and Investment is in the process of completing the draft Law on Special Administrative-Economic Units, with adjustments being made in terms of local operations, organization, administration and foreign investment policies.
The Ministry of Planning and Investment (MPI) is in the process of constructing a new resolution on artels, a kind of economic co-operative, nationwide, in which these units would receive their own registration number and be treated as normal businesses.
The Ministry of Planning and Investment (MPI) has proposed major incentives including prolonged income tax exemptions for businesses and individuals working in special economic zones in three provinces.
The disbursement of public investment and official development assistance-based capital through the end of the year is expected to reach government targets.
