Fuel prices have been continuously adjusted lately. (Photo: SGGP)

Fuel price stabilization fund suggested not to be abandoned yet

Minister of Finance Ho Duc Phoc confirmed at yesterday’s meeting about legal issues that the draft Law on Price (amended) maintains regulations on the fuel price stabilization fund since the global price for this item is still unpredictable. The fund still plays its necessary role of regulating domestic gas prices to minimize negative impacts on the prices of other merchandise.

HCMC recovers growth, creating acceleration

HCMC recovers growth, creating acceleration

On the occasion of National Day 2-9, Mr. Phan Van Mai, Member of the Party Central Committee, Standing Deputy Secretary of the Ho Chi Minh City Party Committee, cum Chairman of the People's Committee of HCMC, told SGGP Newspaper about the determination to overcome all obstacles for the city to firmly advance faster.
WB releases report ‘Educate to Grow’ on Vietnamese economic situation

WB releases report ‘Educate to Grow’ on Vietnamese economic situation

"Despite high growth, Vietnam’s economy has not returned to its full potential in 2022," WB experts said in the report ‘Taking Stock August 2022’, updating Vietnam's economic situation titled ‘Educate to Grow’. The report was published this morning, August 8.
Economic growth in 2022 forecasted to be from 5.2 to 6.2 percent

Economic growth in 2022 forecasted to be from 5.2 to 6.2 percent

The Vietnam Institute for Economic and Policy Research (VEPR) has recently introduced GDP growth scenarios in 2022, with the growth rate at 5.7 percent in the base scenario and 6.2 percent in the positive one. However, if the context is negative, VEPR forecasts that the GDP growth will decrease to 5.2 percent.
Ring road projects in Hanoi, HCMC need specific mechanisms

Ring road projects in Hanoi, HCMC need specific mechanisms

The National Assembly's Economic Committee held its sixth plenary session to examine the Government's report on investment policy for the Ring Road No.4 project in the Hanoi Capital Region and Ring Road No.3 project in Ho Chi Minh City on the afternoon of April 28, at the National Assembly House.
Economic growth positive than expected

Economic growth positive than expected

Deputy Minister of Planning and Investment Tran Quoc Phuong said that in 2021, the success in the prevention and control of the Covid-19 epidemic is an important factor for the transition to ‘safe adaptation, flexibly and effectively control the Covid-19 epidemic’ from the beginning of the fourth quarter of 2021; thereby, the economy has gradually recovered with many indicators have had more positive results than before.

 

Recovering in Q1, accelerating in Q2: Positive economic figures

Recovering in Q1, accelerating in Q2: Positive economic figures

By the end of the first quarter of 2022, industrial production in Ho Chi Minh City has prospered, with the added value of the whole industry increasing by 5.5 percent. Along with that, export turnover of goods is estimated at nearly US$11.9 billion, up 3.5 percent; foreign direct investment capital reaches nearly VND10 trillion. This shows that HCMC's economic growth is recovering strongly.
Vietnam’s GDP up 5.03 percent in first quarter

Vietnam’s GDP up 5.03 percent in first quarter

Vietnam’s Gross Domestic Product (GDP) in the first quarter of this year was estimated to increase 5.03 percent year-on-year, higher than the 4.72 percent growth rate in the same period last year, according to the General Statistics Office (GSO).