Ministry of Planning and Investment

Update news Ministry of Planning and Investment

Vietnam recorded a year-on-year decrease of 15.1 percent in foreign direct investment (FDI) inflows to 15.67 billion USD as of June 20, according to the Ministry of Planning and Investment (MPI).

Facebook, MPI join hands in tourism promotion

The Ministry of Planning and Investment and Facebook have jointly launched the "Proud Vietnam" project, including the "Immense Vietnam" music video, which aims to promote the country’s tourism.

Gov’t to boost private investment to accelerate post-pandemic growth

The Government is focusing on boosting the development of enterprises and encouraging private investment to accelerate post-pandemic economic growth.

PM chairs meeting on development of key EZs

Prime Minister Nguyen Xuan Phuc chaired a meeting of permanent Government members in Hanoi on May 26 to discuss the development of key economic zones (EZs).

Draft law ensures consistent practice

In order to continue improving Vietnam’s business environment, the Ministry of Planning and Investment is drafting two new laws, one of which will amend and supplement the current Law on Investment.

Vietnam attracts 12.33 billion USD in FDI in four months

Vietnam attracted $12.33 billion in foreign direct investment (FDI) in the first four months of 2020, a year-on-year decrease of 15.5 percent due to the impact of the COVID-19 pandemic.

Tax cuts proposed for SMEs to accelerate growth after COVID-19

The Ministry of Planning and Investment has asked for corporate income tax (CIT) to be cut for small and medium-sized enterprises (SMEs) by half this year in an effort to boost growth when the COVID-19 pandemic eases.

US and Viet Nam sign $42 million deal to strengthen bilateral partnership

The US Agency for International Development (USAID) and Vietnam’s Ministry of Planning and Investment (MPI) on Wednesday virtually signed a US$42 million agreement to advance Vietnam’s economic competitiveness.

Foreign investors still eye Vietnam amid coronavirus outbreak

Foreign investors still pay great attention to Vietnam albeit the complicated developments of the acute respiratory disease caused by SARS-CoV-2 which started to hit the world earlier this year.

Vietnam braces for economic effects of COVID-19

Vietnam will optimise external resources to spur national economy as the impact of the outbreak of coronavirus on foreign investment flows into the country is visible, according to the Ministry of Planning and Investment (MPI).

Looser monetary policy needed to counter global volatility

A looser monetary policy should be instituted to support economic growth in the wake of global volatilities, especially the outbreak of the novel coronavirus (nCoV), experts suggested.

Hai Phong city to set up new industrial zones

A number of new industrial zones (IZs) will be established in the northern port city of Hai Phong in the near future, said head of the provincial management board of economic zones Pham Van Moi.

Vietnam to evaluate business reform results

For the first time, Vietnam plans to announce differences between business rules before and after removals or simplifications to evaluate the efficiency of reform efforts.

Vinpearl Air may take off next year

The Ministry of Planning and Investment (MPI) has submitted to the Prime Minister plans for the establishment of Vinpearl Air, with investment capital of 4.7 trillion VND (202.6 million USD).

Vietnamese firms invest $460 million abroad in 11 months

Vietnamese firms poured 460 million USD into 177 projects abroad in the first 11 months, reported the Foreign Investment Agency under the Ministry of Planning and Investment.

Vietnamese firms step up outbound investment

Total outbound Vietnamese investment reached 431.7 million USD in the first nine months of this year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

Vietnam, US cooperate to strengthen infrastructure finance

The Ministry of Finance inked a cooperation framework to strengthen infrastructure finance with the US Department of the Treasury in Hanoi on November 6.

In Vietnam, the banking sector has the highest salary

According to audited financial reports 2018 from 20 Vietnamese banks, the average monthly income of banking employees in 2018 were VND12.37 million-34 million (USD521.73-1,478).

 

Vietnam, RoK bolster information exchanges on successful policies

The Ministry of Planning and Investment signed a memorandum of understanding on information exchange of successful policies with the Presidential Committee on Balanced National Development of the Republic of Korea yesterday.

 

Cashless payments record strong growth in Vietnam

The number of non-cash payments in Vietnam has steeply risen so far this year.