Socio-Economic Achievements of 1999

1999 saw significant socio-economic achievements recorded by the Vietnamese people. The achievements are as follows:

1. The gross domestic production grew by 5%.

2. The agricultural production increased by 5.5%

3. Rice-equivalent food output reached 33.8 million tonnes.

4. The industrial production grew by 10.3%.

5. The export turnover grew by 22%.

6. More investments were concentrated in agriculture, and in the rural and remote areas.

7. The number of poor households was reduced.

Positive growth expected despite economic slide, calamities

(SGT) Nov. 16- Vietnam can still record positive growth in almost all sectors despite the adverse impact of the regional economic crisis and natural disasters on the economy, according to a Government report.

The Government is expected to present the report on the country's 1999 socio-economic performance at the sixth National Assembly sitting, which the National Assembly Office has announced will be opened on Thursday.

The report says the country will realize many economic forecasts and that performance in a number of sectors can surpass the year's targets.

Vietnam earns more than US$10.2 billion from exports in 11 months

Ha Noi, Nov. 29 (VNA) -- Viet Nam earned more than USD 10.2 billion from exports in the past 11 months, a year-on-year increase of 20.1 percent, according to the General Statistics Office (GSO).

The country is expected to obtain an export value of USD 11.25 billion this year, nearly USD 2 billion more than in 1998, registering a growth rate of 20 percent.

Foreign-invested enterprises earned an export value of nearly USD 4.1 billion in the past 11 months, a 39 percent year-on-year increase.

ASEAN Focuses on Economic Recovery

The ASEAN leaders agreed to strengthen cooperation for peace and stability in the region, with the aim of facilitating economic recovery and development during the third ASEAN informal Summit in Manila, the Philippines, on November 28.

The participants expressed their happiness at ASEAN member countries' economic recovery, with an average growth rate of 2-3% in 1999 as compared with a 7% contraction in 1998. The figure is expected to reach 4-5% in 2000.

Government's monthly meeting for September and ecomonic growth after 9 months of 1999

Nhan dan Oct. 5-- At the government's monthly meeting for September, ministers announced that Vietnam's economic growth may not reach its 1999 target and could be the lowest in ten years.

Export Support Fund Created

Nhan Dan Oct. 3--The Prime Minister Phan Van Khai has decided to establish an Export Support Fund aimed at boosting export and increasing competitiveness for country

Vietnamese Encouraged to Work Overseas

VNS Oct. 3--The Government hopes to encourage Vietnamese citizens find employment abroad with a decree that aims at improving working conditions and making the licensing process of manpower agencies easier.

This was revealed at a workshop organised here on Friday to explain the salient features of the decree.

Foreign Direct Investment in Vietnam

VNA- Ha Noi, Oct. 1 Viet Nam has to date had 2,265 foreign direct investment (FDI) projects operating with a combined working investment capital of USD 35.9 billion, according to Deputy Minister of Planning and Investment Nguyen Nhac.

FDI capital now accounts around 30 percent of total investment capital for social development.

Prime Minister Phan Van Khai's activities during final day of 7th apec summit

Ha Noi, Sept. 13 (VNA) -- Prime Minister Phan Van Khai attended meeting sessions and met with Prime Minister Jenny Shipley of New Zealand and other leaders during the final day of the 7th Asia-Pacific Economic Cooperation (APEC) Summit in Auckland, New Zealand, on Sept. 13.

Speaking to the New Zealand PM, the Vietnamese PM expressed thanks to her country for extending hospitality to the Vietnamese delegation and spoke highly of New Zealand's efforts for the success of the Summit.

Prime Minister Phan Van Khai at working session in APEC

Ha Noi, Sept. 12 (VNA) -- Leaders of seven ASEAN countries who are in Auckland, New Zealand, for the seventh Asia-Pacific Economic Cooperation (APEC) Summit had a working session today (Sept. 12).