MPI

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Minister Vinh: Failure is not an option for Vietnam

Celebrating the Year of the Goat, Minister of Planning and Investment Bui Quang Vinh shared his thoughts on the momentous year ahead as Vietnam readies for AEC and global economic integration.

Vietnam economy sees positive signs

Vietnam has been highly successful at mobilizing inward Foreign Direct Investment (FDI) over the past few years, which has played an important role in the nation’s economic development.

Joint project to accelerate green growth in Vietnam launched

 Vietnam’s efforts to accelerate green growth were boosted today with the launch of a new joint project in the framework of MPI, UNDP and USAID partnership to advance Vietnam’s Green Growth Strategy.

BUSINESS IN BRIEF 9/10

 Foreign exchange rate remains unchanged, says SBV; HSBC: Vietnam’s PMI goes up in September; Garment exports to hit US$25 bln for 2014; Inflation holds steady in first nine months

MPI: No need for steel SEZ

 VietNamNet Bridge – The Ministry of Planning and Investment has said there is no need for a special economic zone (SEZ) for steel and iron industry as proposed by Hung Nghiep Formosa Ha Tinh Steel Company.

Experts don’t believe in Ministry's conclusion about economy recovery

 VietNamNet Bridge – While the government agencies’ reports affirm the obvious recovery of the national economy, economists don’t keep such optimism.

MPI seeks to create liberal environment for foreign firms

 VietNamNet Bridge – The Ministry of Planning and Investment (MPI) is rallying support from relevant State bodies for its initiative to create a more liberal environment for foreign-invested enterprises, especially in business start-up procedures.

BUSINESS IN BRIEF 14/2

 Rice exports slump as prices rise; Vietnam needs to restructure tra fish sector; Seven new air routes to connect to Can Tho City; Local dairy firms hike prices in foreign brands’ footsteps;

Drastic reforms still top the agenda

In the run-up to the lunar new year, Minister of Planning and Investment Bui Quang Vinh spoke with VIR’s Ngoc Linh about Vietnam’s economic development.

Vietnamese spend billions of dollars on gambling overseas

VietNamNet Bridge – As the domestic casinos bar their doors to Vietnamese, they have been going to Cambodia to gamble.

MPI asks Gov’t to drop BT investment format

VietNamNet Bridge – The Ministry of Planning and Investment on Tuesday proposed the Government to drop the investment format of Build-Transfer, in particular those projects that the State has to pay money back

More FDI flows into science-technology

Foreign direct investment attraction in the January-September period has so far exceeded the year’s target and topped 15bil USD, a surge of 36.1% year-on-year, with a large amount seen flowing into science and technology,

Golf project scorecard leaves numbers par for the course

 VietNamNet Bridge – The Ministry of Planning and Investment is proposing the prime minister remove eleven golf courses from the national plan because they failed to meet the government’s criteria.

Cross ownership a big headache in banking: MPI

VietNamNet Bridge – Cross ownerships among banks are still beyond control and complicate the process of tacking bad debts, said the Ministry of Planning and Investment (MPI) in a report sent to the Government’s monthly meeting three days ago.

HCM City accuses MPI of sapping its business registration network

 VietNamNet Bridge – The Ministry of Planning and Investment (MPI) has forced HCM City authorities to stop running its business registration system via Internet to use the system developed by MPI.

More companies shuttered

 VietNamNet Bridge – The number of enterprises that ceased operations rose by 12.3 per cent in the first half of the year, according to the Ministry of Planning and Investment (MPI).

Big differences in statistics make economists puzzled

Economists, while pointing out that the reports released by different state agencies are at variance, said that it’s very difficult to find out effective solutions to the current situation with such the unreliable statistics.

Only 16 SOEs equitised from 2012 to March 2013

VietNamNet Bridge – It is the most updated information about the equitisation process of state owned enterprises (SOEs) in Vietnam, which was included in a report of the Agency for Enterprise Development

Dearth of society investment hurts economy

 VietNamNet Bridge – The consequences of sharply declining investment within society have come into sharp focus.

Tax breaks aimed at attracting investment

VietNamNet Bridge – Industrial zones may become more appealing if tax incentives are re-introduced. This is the thinking behind a draft law on Corporate Income Tax prepared by the Ministry of Finance.