The northern province of Thai Binh saw positive economic signs in the first quarter of 2018, including a 20.7 percent rise in industrial production, 1.7 times higher than the growth of the same period last year.
Thai Binh (VNA) – The northern province of Thai Binh saw positiveeconomic signs in the first quarter of 2018, including a 20.7 percent rise inindustrial production, 1.7 times higher than the growth of the same period lastyear.
According to the provincial People’s Committee, the province jumped six placesin the provincial competitiveness index in 2017. Since the beginning of thisyear, the province attracted nearly 600 billion VND poured into 18 new projectsand some ongoing ones.
Currently, Thai Binh is hosting 74 foreign direct investment projectsand 10 official development assistance projects.
In the first three months of this year, Thai Binh earned nearly 300million USD from exports, a rise of 10.8 percent year on year. Meanwhile, itsimports were 290 million USD, up 7.5 percent year on year.
In the second quarter of this year, the province will focus on guidinglocalities in cultivating the spring-summer rice crop and implementing new-stylerural area building programme in 2018.
The localities will also concentrate on removing obstacles facing industryand service development, while speeding up the formation of Thai Binh economic regionas well as the investment of coastal road system and several otherinfrastructure projects.
The province will work to lure more investment in industry and serviceas well as boost production and business.
At the same time, the province will strengthen the management over landuse and exert more efforts in ground clearance for investment projects.-VNA
Deputy Prime Minister Truong Hoa Binh has asked leaders of the Red River Delta province of Thai Binh to take measures to effectively implement its socio-economic development plan in 2018.
Construction on a 24.6-million USD auto parts factory is under-way in the northern Thai Binh province’s Tien Hai Industrial Zone with completion expected in July 2019.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
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.
A view of Thai Binh city (Photo: VNA) 
