The Vietnamese government introduced two key resolutions on January 1 aimed at bolstering economic growth in 2019.
Vietnam aims for growth of 6.6-6.8% in 2019.
Resolution 01 concerns measures to implement the socio-economic
plan and budget for 2019, while Resolution 02 deals with continued actions to
improve the business environment in 2019 with a view to 2021.
The overall goals for this year will
continue to be maintaining macroeconomic stability, curbing inflation,
enhancing labour productivity and improving the competitiveness of the economy.
Under Resolution 01, the government has
outlined a number of focuses, including enhancing economic resilience, building
a lean and efficient apparatus and simplifying administrative procedures, among
others.
Meanwhile the goals of Resolution 02 are
to improve Vietnam’s position regarding international rankings on competitiveness,
increase the number of new businesses, and reduce informal costs for
enterprises.
To achieve such targets, the government
aims to continue cutting unnecessary business regulations, fully implement the
reforms already introduced in 2018, and further support innovations and
start-up businesses.
Last year the Vietnamese economy
expanded by an estimated 7.08%, the highest growth rate in 11 years, thanks to
buoyant manufacturing activity and strong exports.
For 2019 the National Assembly has set the economic
growth target at 6.6-6.8%.
Source: NDO
After more than four years of implementing a project launched by the Hoa Binh Party Committee’s Standing Board on developing agriculture and promoting product consumption linked with building new-style rural areas for the 2021-2025 period, the province’s industry and trade sector has made significant strides, greatly contributing to local socio-economic development.
Luong Son district has identified 2025 as the year for the accelerated breakthrough to successfully implement the socio-economic development plan for the 5-year period from 2021 to 2025. The district has been focusing on executing the plans and trying to achieve a GRDP growth rate of approximately 15%.
Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.
Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.
Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.
As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.
