MPI to submit post-pandemic economic recovery scheme in October
9/25/2021 3:00:57 PM (GMT+0700)

A teleconference between the Prime Minister and the business community, localities will take place in Hanoi on September 26 to discuss support for enterprises amid COVID-19 pandemic, reported the Vietnam Chamber of Commerce and Industry (VCCI).

Despite COVID-19 impacts, foreign direct investment (FDI) inflows into Vietnam during the first nine months of this year rose 4.4 percent year on year to 22.15 billion USD, reported the Foreign Investment Agency under the Ministry of Planning and Investment.

In 2017, 100% of cooperatives in the province moved to operate under the Law on Cooperatives 2012. So far, after 10 years, the cooperatives, the core of the collective economy, have constantly risen to affirm their role in the multi-component economy.

President Nguyen Xuan Phuc received Arun Savkur, CEO of the US’s Quantum Group on September 22 in New York (local time), witnessing the handover of the cooperation agreement between the group and a Vietnamese joint venture.

Vietnam’s export turnover is forecast to surpass 315 billion USD this year, which, however, requires more drastic measures.

Vietnam needs to shift from “Zero-COVID” strategy to vaccinations as the pandemic and the risk of new outbreaks are still lingering on, according to Dr. Nguyen Duc Kien, head of the Prime Minister’s Economic Advisory Council.

The provincial steering committee of preventing-combating COVID-19 pandemic has just organized the tele-conference with the economy expert groups of HCMC National University to discuss solutions for recovering and developing economy-society once the pandemic has been under control.

Vietnam may attract about 30 billion USD in foreign direct investment (FDI) in 2021, posting a year-on-year rise of 2 percent, economists forecast, pointing to positive signs in FDI attraction in the first eight months of 2021 despite the complexities of COVID-19.

Prime Minister Pham Minh Chinh has asked ministries, agencies and localities to take measures to facilitate the production and circulation of farm produce amid the COVID-19 pandemic.

The PPC has just issued the plan of using energy in an economical and efficient manner (UEEEM) in the province in the period from 2021 to 2030, aiming at implementing the tasks and solutions of state management, technical support and product development to promote UEEEM.

Positive signs of investment inflows have been seen during meetings between National Assembly Chairman Vuong Dinh Hue and executives from many big European firms on the occasion of Hue's working visit to the European Parliament and a number of European countries from September 5-11.