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Reporters at the HCM City Press Centre on Tuesday cover an online Government meeting. — VNS Photo Bồ Xuân Hiệp HCM CITY — HCM City is likely to meet the year’s target for budget revenue of VNĐ365 trillion (US$15.86 billion) assigned by the central government, a city official said at an online Government meeting on Tuesday. Võ Văn Hoan, vice chairman of the city People’s Committee, said in the first two months, on average the city collected VNĐ2.9 trillion each day, which was higher than the average daily revenue. In January, the city collected VNĐ40 trillion, up 2.9 per cent year-on-year, he added. To date it has collected VNĐ74,500 billion, accounting for more than 20 per cent of the year’s target, up 10.5 per cent year-on-year. The Tax Department aims to collect at least 25 per cent of the yearly budget revenue target in the first quarter. The city’s retail sales of goods and services increased by 4.7 per cent, while industrial production went up 6 per cent in … [Read more...] about City to meet yearly budget revenue targets set by Gov’t

GSO Director General Nguyễn Thị Hương The General Statistics Office of Vietnam (GSO) launched the 2021 Economic Census on Monday. Amid challenges in collecting data due to the pandemic, the authority will employ technology to conduct the census. GSO Director General Nguyễn Thị Hương spoke with the Vietnam News Agency about the important survey The 2021 Economic Census takes place during the complex development of the COVID-19 pandemic. Will this impact the survey? Collecting enterprises’ information has been implemented every year at different scales and levels. In the 2021 Economic Census, the survey will collect information on all kinds of businesses in all economic sectors nationwide. This year’s census has many advantages such as the active co-ordination and participation of ministries, departments and localities at all levels and collection of information across the whole country. In addition, census propaganda has been carried out nationwide in many forms to … [Read more...] about 2021 Economic Census to be conducted online

The Hanoitimes - Nearly 190 manufacturers and 20 large buyers have joined online and on-site business meetings at the FBC Hanoi 2020. The FBC Hanoi 2020 held on October 28-29 is expected to create an opportunity for Vietnamese businesses to promote products, seek customers, connect businesses, expand markets and lure foreign investment in the supporting industries, Mr. Dam Tien Thang, deputy director of the Hanoi Department of Industry and Trade said. The opening ceremony of the FBC Hanoi 2020 is held on October 28. Photo: Kinh te & Do thi Speaking at the opening ceremony on October 28, Mr. Thang emphasized the role of supporting industries in creating product efficiency, quality and cost. An efficient support industry in globalization will help create competitive products, form production networks with multiple layers of supply, connect with multinational corporations, foreign-invested companies as well as assembly businesses in Hanoi and across the … [Read more...] about Hanoi expo held to lure foreign investment in supporting industries

The Hanoitimes - The Factory Network Business Expo (FBC Hanoi) 2020 will take place on October 28-29 and is expected to see the largest transaction volume and value. Nearly 230 manufacturers and 20 large buyers will join online and on-site business meetings at the FBC Hanoi 2020 at the Hanoi Agricultural Promotion Center. Products on display at the FBC Hanoi. Each enterprise at the expo will be arranged a maximum of 20 business matching sessions in the two consecutive days. Visitors can book appointments and make on-site and online business matching sessions for free. It is an opportunity for small and medium enterprises to directly approach giants in the manufacturing industry. Vietnamese businesses can also meet face to face with Japanese and Thai buyers without traveling abroad. According to the municipal Department of Industry and Trade, in the difficult business context created by the Covid-19 pandemic and the wave of relocating factories to Southeast … [Read more...] about Over 200 Vietnam firms to join Factory Network Business Expo Hanoi 2020

The Hanoitimes - Vietnam is committed to closely cooperating with other ASEAN members in realizing the common goal of an ASEAN Economic Community. ASEAN economic ministers have endorsed Brunei’s 10 Priority Economic Deliverables (PEDs) as ASEAN Chair for 2021 with theme “We Care, We Prepare, We Prosper.” Overview of the online conference. Source: asean2021.bn The information was unveiled following the conclusion of 2-day 27th ASEAN Economic Ministers (AEM) Retreat that took place from March 2-3 via video conferencing. Divided into three strategic thrusts, the PEDs among others will focus on: (i) Recovery of the region through initiatives such as streamlining non-tariff measures and investment facilitation, providing a recovery plan for ASEAN tourism sector, and open new market and partnership for ASEAN with the launch of the possible ASEAN-Canada FTA negotiations; (ii) Digitalization for a resilient ASEAN by focusing on the work in providing a safe, … [Read more...] about ASEAN economic ministers endorse 10 priority economic deliverables