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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 - 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

While global supply chains continue to adjust to current restrictions, what can be done to mobilise high-quality investment? Deputy Minister of Planning and Investment Tran Duy Dong Trade conflicts among major economies worldwide and the severe consequences of the pandemic since last year have been accelerating the relocation of big corporations to avoid high tariffs and reduce risks. Of these, numerous countries have also promulgated attractive policies for foreign direct investment (FDI), while Vietnam has got its own advantages to welcome investment, as well as carried out some outstanding solutions and innovative measures to meet the demand of potential investors. Vietnam has been ready to welcome new investors based on huge clean land areas, power sources for production, high-quality human resources, supporting industries, and simplified administrative procedures. For large-scale projects which apply high technologies, generate a lot of added value, and … [Read more...] about A vaccine for COVID-19 and FDI gain

* Indian government ministers and officials were following Prime Minister Narendra Modi's lead by opting for an Indian-made vaccine instead of the AstraZeneca one. * Thailand may celebrate its traditional new year Songkran as usual around mid-April, Culture Minister Itthiphol Khunpluem said Wednesday. * China's annual coal output will stand at no higher than 4.1 billion tonnes by the end of the 14th Five-Year Plan period (2021-2025), after it climbed 1.4 percent year on year to 3.9 billion tonnes in 2020, said a report issued by the China National Coal Association on Wednesday. * President Joe Biden said on Tuesday the United States would have enough COVID-19 vaccine for every American adult by the end of May. * The European Union aims to increase the region's COVID-19 vaccine production capacity to 2-3 billion doses per year by the end of 2021, Industry Commissioner Thierry Breton was quoted as saying. * German Chancellor Angela Merkel was expected on Wednesday to agree a … [Read more...] about World News in Brief: March 3