Thailand’s industrial output has turned positive for the first time in nine months, with the automotive sector rebounding after a 21-month slump, said Thai Deputy Finance Minister Paopoom Rojanasakul.
The private sector should be developed to become one of the most important growth drivers, according to Minister of Planning and Investment Nguyen Chi Dung.
Achieving economic growth of at least 8% in 2025 will lay the foundation for even higher growth in the following years, with a long-term goal of reaching double digits, according to the Ministry of Planning and Investment (MPI).
The recent signing of a Memorandum of Understanding (MoU) between Vietnam's Ministry of Planning and Investment (MPI) and Japan's Mie prefecture has taken economic and investment cooperation between the two countries, and particularly with Mie, to a new level.
A representative from the Ministry of Planning and Investment (MPI) emphasised that it is necessary to stimulate domestic consumption in 2025 as it is a crucial task, not only for Vietnam but also for many countries around the world.
Prime Minister Pham Minh Chinh has asked the planning and investment sector to take the pioneering role in five major areas to, together with the whole nation, make breakthroughs in completing targets in 2025 and the 2021-2025 tenure.
The Ministry of Planning and Investment (MPI) and the Global Green Growth Institute (GGGI) have launched the Vietnam-GGGI Country Planning Framework (CPF) for the 2024-2028 period to enhance their cooperation in the next five years, according to the ministry.
The Ministry of Planning and Investment (MPI) announced that the National Assembly recently passed a series of laws addressing numerous "bottlenecks," which will stimulate growth by freeing up long-stalled resources.
Thailand reported 414,000 unemployed people in the third quarter this year, up from 401,000 year-on-year, according to the National Economic and Social Development Council (NESDC).
Vietnam’s foreign direct investment (FDI) attraction continues to prosper in July, and quality of FDI capital flows increase sharply thanks to careful project selection, Minister of Planning and Investment Nguyen Chi Dung said at a recent regular Government meeting last month.
The National Innovation Centre (NIC) under the Ministry of Planning and Investment (MPI) on July 11 collaborated with Google to launch a comprehensive initiative to develop artificial intelligence (AI) in Vietnam.
The Ministry of Planning and Investment has provided updates for economic growth scenarios in the second half of this year, in which the Vietnamese economy could beat forecasts and expand at 7% for the full year.
Promoting green growth is an urgent trend, a driving force of economic growth and a crucial factor in enhancing national competitiveness admist international integration, said Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc.
The Minister of Planning and Investment (MPI) has emphasized that opportunities lie within challenges. If these opportunities are seized and effectively utilized, difficulties can be transformed into drivers of national development.
A total of 98,825 enterprises were established or resumed operations in the first five months of 2024, up 4.1% over the same period of last year and 1.2 times higher than the average in the 2019-2023 period, according to the Department for Business Registration Management under the Ministry of Planning and Investment (MPI).
The Ministry of Planning and Investment (MPI) will closely coordinate with other stakeholders to accelerate efforts to reform institutions and create an open, favourable and safe business environment toward economic recovery and development.
Vietnam had attracted 39,140 foreign direct investment (FDI) projects with total registered capital of over 468.91 billion USD by the end of 2023, reported the Foreign Investment Agency under the Ministry of Planning and Investment (MPI).
Although many important socioeconomic development indicators are below projections and not as high as they should be, they have improved gradually, month by month and quarter by quarter.
Deputy Minister of Planning and Investment Tran Quoc Phuong on September 9 pointed out measures to boost the Gross Domestic Product (GDP) growth and the disbursement of public investment capital.
Besides reducing business conditions, a number of ministries and sectors have continued to issue and enforce new business conditions with stricter requirements that cause difficulties for enterprises, said Deputy Minister of Planning and Investment Tran Duy Dong.
