Ministry to study packages to support enterprises in remaining months of this year
The Ministry of Planning and Investment will study suitable and feasible policy packages to support businesses in the remaining months of this year, as commercial difficulties and challenges still persist.
Farmers process pineapples at a company in the northern province of Ninh Bình. (Photo: VNA)
Hanoi (VNS/VNA) - The Ministry of Planning and Investment will study suitable and feasible policy packages to support businesses in the remaining months of this year, as commercial difficulties and challenges still persist.
According to a recent directive of Minister of Planning and Investment Nguyen Chi Dung on tasks for the second half of 2024, the focus will be on hastening reforms to create breakthroughs and impetus for growth.
The ministry will also propose and raise policies to remove difficulties for enterprises, cooperatives and business households together with appropriate policies to promote their developments and support packages to create new growth drivers such as semiconductor industry, digital transformation and green transition.
The ministry is also determined to achieve the public investment disbursement rate of more than 95% and create favourable conditions to attract private investment and foreign direct investment.
Another focus is accelerating the transition of the economic structure and renovating the growth models.
This includes the implementation of regional planning to enhance regional linkage and create new growth drivers.
The ministry will enhance the effectiveness of the National Innovation Centre to build and develop an ecosystem of innovation and start-ups in Vietnam and contribute to the digital transformation for domestic enterprises.
The legal framework for the foundation and operation of the invꦇestment support fund and regional and international financial centres in Vietnam will also be completed./.
A recent seminar in Hanoi highlighted the critical importance of the coordination among state agencies, schools, and enterprises to the development of human resources for the semiconductor industry.
The Vietnam-Canada Business Association (VCBA) on August 9 coordinated with the Ho Chi Minh City Investment and Trade Promotion Centre (ITPC) to organise a seminar in both in-person and online format to support Vietnamese enterprises in accessing the North American and Canadian markets.
Prime Minister Pham Minh Chinh chaired the fourth meeting of the Coordinating Council for the Southeastern Region in Ho Chi Minh City on August 10, sketching out ways for fueling regional development.
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.
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.
