Planning and investment sector urged to better performance
Vice President Nguyen Thi Doan has asked the planning and investment sector to ceaselessly improve its role as an advisor to the Party and State leaders on the country’s socio-economic development.
Hanoi (VNA) – Vice President Nguyen Thi Doan has asked the planning and investment sector to ceaselessly improve its role as an advisor to the Party and State leaders on the country’s socio-economic development strategies.
Speaking at a ceremony to mark the sector’s 70 th founding anniversary in Hanoi on December 9, the Vice President praised its significant contributions to the country’s development, renovation and integration.
The sector has taken many initiatives in managing public investment to solve scattered investment and public debt in investment, improve the efficiency of investment and draw official development assistance (ODA) sources, she said.
Doan urged the sector to increase its management and use of investment capital in an economical, transparent and effective manner, thus avoiding wastefulness and loss.
According to Minister of Planning and Investment Bui Quang Vinh, his agency has given advice to the Government on many important policies for the reform process of State-owned businesses, while making contributions to building and perfecting legal documents on assisting enterprises.
The country’s policy to attract foreign direct investment (FDI) plays a crucial role in removing economic blockade and embargo, as well as in luring external resources to serve its socio-economic development, thus fostering the nation’s regional and global integration, Vinh noted.
Vietnam lured 98 billion USD of FDI and 30 billion USD 𓃲of ODA in the 2011-2015 period, with respective disbursed values hitting nearly 60 billion USD and 23 billion USD. The resources have contributed to creating impetus and foundation for Vietnam’s economic growth and development./.
Vice President Nguyen Thi Doan offered nearly 200 gifts to contributors to the nation’s revolution on July 12 in northern Nam Dinh and Ninh Binh provinces on the occasion of the upcoming War Invalids and Martyrs’ Day (July 27).
Vice President Nguyen Thi Doan presented 120 scholarships worth 2 million VND (89 USD) each to impoverished students from ethnic minority groups in northernmost Ha Giang province on September 8.
Vice President Nguyen Thi Doan awarded “Accompanying children to school” scholarships to 130 underprivileged children in the Mekong Delta province of Hau Giang on September 14.
Vice President Nguyen Thi Doan on September 18 met 40 Lao students representing more than 9,000 Lao students studying at 150 universities and academies in Vietnam.
Vice President Nguyen Thi Doan has called on relevant ministries and agencies to make concerted efforts to minimise violence against women and girls, which is relatively common in Vietnamese society.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vice President Nguyen Thi Doan (Source :VNA)
