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.

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Workers excited to return to work after Tet

After the Lunar New Year (Tet) holidays, trade union members and workers in Hoa Binh province returned to work with an excited spirit at the beginning of the new spring. Throughout the workshops, factories and enterprises, they were full of enthusiasm, immediately getting to work, striving to excellently complete tasks and production and business targets.

Sweet, fragrant red grapefruit of Tan Lac

Red grapefruit is a native crop of Tan Lac district, where the fertile soil and favourable climate create ideal conditions for its growth. With over 80% of the area being mountainous, at an altitude of 300-400 metres above sea level, red grapefruits here thrive on well-drained, fertile hillside soil. The region’s large temperature variation between day and night enhances the fruit's nutrient absorption. The local cultivation techniques also contribute to its uniqueness

Business association pledges support for local firms

The provincial business association recently convened a conference to review its 2024 operations and outline plans for 2025. The meeting was attended by Standing Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Duc Hinh along with leaders from various departments and agencies.

Hoa Binh focuses on rural transportation infrastructure development

Hoa Binh province is prioritising rural transportation infrastructure to improve mobility, facilitate trade, and boost socio-economic development.

Two products in Hoa Binh have been recognized as “National OCOP products”

The Minister of Agriculture and Rural Development has just issued Decision No. 377/QD-BNN-VPĐP approving the results of the evaluation and classification of the products of the National One Commune One Product Program in 2024 (phase 3).

Bustling Tet market

As the Lunar New Year (Tet) approaches, the market becomes more vibrant than ever. In Hoa Binh province, preparations for Tet have been bustling since the 20th of the last lunar month, with an abundant supply of goods to meet the growing consumer demand.