The Government has encouraged the power sector to attract non-State budget resources to meet average rising power demand of about 10-11% per year, said PM Nguyen Xuan Phuc.
Deputy Prime Minister Trịnh Đình Dũng has urged agencies to work together closely to ensure that construction of Long Thành International Airport in the southern province of Đồng Nai will begin next year.
Prime Minister Nguyen Xuan Phuc has asked the International Monetary Fund to help Viet Nam evaluate and calculate the informal economic sector, which takes up a relative proportion of the country’s gross domestic product.
HCM City Urban Railway Management Board has pledged to speed up the implementation pace of much-delayed Ben Thanh-Suoi Tien metro project which is expected to be operated in 2020.
Manufacturing has been Vietnam’s key growth driver in recent years. While global trade has stagnated, Vietnam’s has soared from 70 per cent of GDP in 2007 to 200 per cent in 2017.
An air route linking Vinh International Airport in the northern-central province of Nghe An and Bangkok in Thailand will be reopened on February 23 according to local authorities.
Vietnam’s shrimp exports are expected to increase to more than USD4 billion in 2019 thanks to free trade agreements, according to the Vietnam Association of Seafood Exporters and Producers.
Total goods exchange output will increase rapidly, bringing opportunities to Vietnam’s shipping firms, experts said at a seminar on container maritime transport.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has recently taken effect in Vietnam, which will bring about both opportunities and challenges for many fields, including agriculture.