PM hails planning-investment ministry's role as strategic advisor in socio-economic development
The Ministry of Planning and Investment (MPI) has well performed its role as a strategic advisor of the Government, especially in COVID-19 prevention and control and socio-economic recovery and development strategies, Prime Minister Pham Minh Chinh said at a year-end conference held by the ministry in Hanoi on January 4.
Prime Minister Pham Minh Chinh speaks at the conference. (Photo: VNA)
Hanoi (VNA) – The Ministry of Planningand Investment (MPI) has well performed its role as a strategic advisor of the Government, especiallyin COVID-19 prevention and control and socio-economic recovery and developmentstrategies, Prime Minister Pham Minh Chinh said at a year-end conference heldby the ministry in Hanoi on January 4.
The leader also hailed the ministry for its work in handling issues related to enterprises, improving the domestic business environment, directing public investments, mobilisingnon-State resources, promoting digital transformation and innovations, buildinglaws and institutionalising the Party's resolutions.
Regarding tasks in 2023, PM Chinh urged the ministry tomake greater efforts in managing plans and coordinating the macro-economy, keepa close watch on the regional and international situation, step up theforecasting work and build scenarios so as to timely provide consultations forthe Government and the PM in directing the implementation of resolutions of the Party, National Assembly and Government.
The ministry should provide strategic consultations in the implementation of the resolution of the 13th NationalParty Congress, the 2021-2025 socio-economic development plan and the 2021-2030socio-economic development strategy, along with directions given by PartyGeneral Secretary Nguyen Phu Trong at the recent teleconference between the Governmentand the 63 cities and provinces on January 3, the PM noted.
An overview of the conference (Photo: VNA)
He asked the ministry to continue institutionalising policies and guidelines of the Party, and push innovations and scientific-technologicalapplication with attention paid to major trends like circular economy andgreen economy.
The government leader also listed other tasks regarding Party building,personnel, and the fight against corruption and other negative phenomena.
According to a report presented at the meeting, asof the end of December 2022, the ministry had completed all of the tasksassigned by the Government and the PM.
Participants suggested that the ministry continue to make recommendations to the Government on policies for harmonious development among industries, economic sectors, and between economy and culture, social security and environmental protection. They also proposed that the ministry encourage the development of green economy, circular economy, green transition and digital transformation./.
Under the sound leadership of the Party Central Committee and with the motto “Solidarity, discipline, active adaptation, safety, efficiency and economic recovery”, the Government and the entire country have overcome challenges and reaped achievements in all spheres, laying foundation for 2023 and subsequent years.
Despite many difficulties due to increasing interest rates, the pressure on the capital market is expected to decrease gradually in 2023, experts forecast.
A teleconference between the Government and the 63 provinces and centrally-run cities opened on January 3 morning to review the 2022 performance and carry out the Party Central Committee’s conclusions and the National Assembly (NA)’s resolution on the socio-economic development plan for 2023.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
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.
Prime Minister Pham Minh Chinh speaks at the conference. (Photo: VNA) 
An overview of the conference (Photo: VNA) 
