“State budget overspending accounts for 5.3% of GDP, while the pubic, government and foreign debts are lower than the permitted level set by the National Assembly (NA) in its Resolution 10 released in 2011”, affirmed Prime Minister Nguyen Tan Dung.
The socio-economic performance has been showing positive changes in 2014 and the Government has set higher targets for 2015.
The 13th National Assembly opened its 8th session at its newly-built house on October 20.
The rising prices of coal and gas for power production look to push up the state-run Electricity of Vietnam (EVN)’s 2014 operating costs by around VND7 trillion ($328.6 million), which will seriously hurt the firm’s financial plan.
Vietnam’s Duc Long Gia Lai Group (DLG) will co-operate with Germany’s Merica Group (MGC) to provide electricity for the Con Dao Islands.
Profit rose 13 per cent to US$8.5 billion, as revenues jumped to US$42.1 billion in the fiscal fourth quarter ending Sep 27, the California-based company reported on Monday (Oct 20).
Hanoi - Viet Nam is considering changing the amended Housing Law, which is now under discussion, to make it easier for foreigners and Vietnamese expatriates to buy houses in the country.
Share prices rallied at the HCM City Stock Exchange but continued to decline at the Ha Noi Stock Exchange yesterday.
Quang Ngai - Upcoming construction of new hydroelectricity plants threatens residents of the central province of Quang Ngai's Son Ha district.
Mu Cang Chai, a district of Yen Bai Province in the nation’s northern upland, has become one of the most popular destinations for travelers and photographers to capture beautiful images of terrace rice fields and daily activities of ethnic minority peoples.
Three of my young Vietnamese friends are starting a small business in Da Nang City in the central region. The young lady has taken the risk and the plunge to create a business space of their own creativity and imagination.
Since for Le Thi Nga "to live is to give," she thought nothing about joining the neighbourhood watch in her fourth quarter in District 1's Cau Kho Ward in 2009.
Top seed Serena Williams beat Ana Ivanovic 6-4, 6-4 as she opened the WTA Finals in Singapore on Monday. Romania's Simona Halep enjoyed a straightforward 6-2, 6-3 victory over Eugenie Bouchard of Canada.
A 25-year-old man who was shot by police after wounding two soldiers in in a Quebec supermarket parking lot was known to authorities as a suspected radical, said federal officials.
With industrial parks across the nation facing the challenge of meeting emission restrictions, the Vietnamese government is encouraging investors to develop eco-industrial parks for sustainable growth.