TTO – Trước Quốc hội, Bộ trưởng Bộ Giao thông vận tải Nguyễn Văn Thể thừa nhận việc triển khai các dự án đường sắt đô thị ‘đã bộc lộ nhiều vấn đề, đặc biệt vấn đề chậm tiến độ’.
Besides contemplating the beauty of nature in Tram Chim National Park in Dong Thap Province, visitors to the park can also experience a day in life of farmers in the west of Vietnam.
Tourists visiting Tram Chim National Park in Dong Thap Province experience fishermen’s life. Photos: VNA
The public debt to GDP ratio has been controlled well and has decreased in recent years. But the public debt repayment to budget revenue ratio has steadily increased because of many due debts.
Debt repayment obligatio
The government estimates that the public debt will be about 56.8 percent of GDP by the end of 2020; the government’s debt will be 50.8 percent; the government’s direct debt repayment obligation to state budget revenue ratio will be 24.1 percent; and the national foreign debt, 47.9 percent of GDP.
The government is taking a cautious view in setting its development goals for 2021, which is understandable due to lingering risks from the Covid-19 pandemic.
The Vietnamese National Assembly (NA)’s year-end meeting, scheduled to last for more than three weeks from October 20 to November 17, will focus on reviewing socio-economic development in 2020 and decide important matters related to socio-economic issues and the state budget for the next year.
Due to the Covid-19 pandemic, Vietnam’s GDP is estimated to grow at 2.0-3.0% in 2020 versus a target of 6.8% for the year.
This would result in the GDP growth rate averaging 5.9% over the 2016-2020 period, which falls short of the 5-year period target of 6.5-7.0%. Per capita GDP is estimated at US$2,750 in 2020, which also misses the target of US$3,200-3,500 by 2020.
“Coastal urban area” is a phrase that is appearing increasingly in the print and electronic media.
Rendering of NovaWorld Phan Thiet project in Binh Thuan Province. Photo: haiphathome.vn
It began after the launch of a series of large-scale coastal developments like NovaWorld Phan Thiet in Binh Thuan Province and NovaWorld Binh Chau in Ba Ria-Vung Tau in recent times and some even started offering their products for sale.
Answering the local press on the sidelines of the National Assembly session, Minister of Natural Resources and the Environment Tran Hong Ha said the principle of his ministry is ‘not to develop small-scale hydropower at any cost’.
Many experts believe that the historic floods in the central region some days ago were the results of climate change. How does the draft of the amended law on environmental protection address the issue?
Minister of Natural Resources and the Environment Tran Hong Ha
The issues related to climate change, natural disasters and floods are mentioned in many laws. The reason behind recent floods is extreme climate change. All the indicators exceed the indicators of the floods in history.
Prime Minister Nguyen Xuan Phuc asked the Ministry of Transport to propose a feasible plan for the North-South high-speed railway, considering this the backbone of the national strategy on railway development by 2050.
A train in Ninh Phuoc District, Ninh Thuan Province. — VNA/VNS Photo
The high-speed line, inter-provincial, inter-regional and urban railway networks must also be added to the strategy, he said.
He was speaking at a Government meeting on Wednesday on the development strategy for Vietnam’s railway towards 2050.
October 21, 2020 The New York Times, Wednesday Morning
Larry Page, left, and Sergey Brin at Google headquarters in 2004.Ben Margot/Associated Press
When two Stanford University graduate students, Sergey Brin and Larry Page, founded Google in 1998, the U.S. economy looked different than it does today.
Quy mô đầu tư công trung hạn giai đoạn 2021-2025 tăng hơn 37% so với giai đoạn 2016-2020, tương đương 2,75 triệu tỷ đồng.
Báo cáo trước Quốc hội, Bộ trưởng Kế hoạch & Đầu tư Nguyễn Chí Dũng cho biết, tổng mức vốn đầu tư trung hạn từ nguồn ngân sách giai đoạn 2021-2025 là 2,75 triệu tỷ đồng, tăng 37,5% so với kế hoạch giai đoạn 2016-2020. Trong đó, nguồn từ ngân sách trung ương là 1,38 triệu tỷ, còn vốn cân đối ngân sách địa phương là 1,37 triệu tỷ đồng. Mức dự phòng chung là 10%.
The government has sent a report to the National Assembly on investment of state capital in enterprises, and the use of the fund for enterprise support and development in 2019.
As of the end of the 2019 fiscal year, there were 818 enterprises with state capital, including 491 wholly state owned (SOEs) and 327 state invested enterprises.
Vietnam is making all-out efforts to boost the disbursement of public investment as it seeks to post GDP growth of 3 percent this year amid the global economic downturn triggered by the COVID-19 pandemic.
Construction of expanded Cao Bo Bridge in the northern province of Ninh Binh, a key section of the North-South Expressway. (Photo: VNA)
The Government views public investment as an engine for growth that can offset the impact of the pandemic.
Further clarifying the legal framework for infrastructure development via wider participation of private investors is expected to help the country attract more funding into the industry.
Infrastructure development at the centre of PPP decree direction. Photo: Le Toan/VIR
The Ministry of Planning and Investment is now compiling two decrees to guide the implementation of the Law on Public-Public Partnership Investment. They include a decree on detailing the law and another one on selecting investors.
Nguyen Khac Lich, deputy director of the Information Safety Department under the Ministry of Information and Communication, talks to VietNamNet about measures to prevent spam messages and unwanted advertising.
Nguyen Khac Lich, deputy director of the Information Safety Department. Photo: VNN
What are the new points contained in Decree 91/2020 regarding all forms of advertising via telecommunications, including SMS, email and calls?
Decree 91/2020 was issued in August 2020 to govern all forms of advertising via telecommunications such as SMS, email and phone calls. The decree introduces a wide range of new restrictions on telemarketing and corresponding sections. Any texts, emails or phone calls that are not compliant with the requirements will be deemed spam.
Under the decree, telemarketers are not permitted to make any calls before obtaining the prior consent of the targeted consumers.
The land rent in some industrial zones in Hai Phong, Bac Ninh and Hai Duong has increased by 20-30 percent.
Covid-19 has temporarily disrupted investments, but the interest in Vietnam remains strong as it is expected to be the new industrial power in the region. Investors are still seeking land and workshops to prepare their plans.
According to JLL, more and more online platforms have been set up which allow clients to find and lease land from a distance.
Individuals will no longer be allowed to invest in real estate abroad if a new draft decree issued by the Ministry of Planning and Investment is approved.
Viettel Group has invested in providing telecommunications services in a number of countries. Viet Nam is developing a decree to better manage overseas investments. — Photo baodauthau.vn
Enterprises founded under the provisions of the Law on Enterprise would be exempt from the ruling.
CVD 
