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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Hanoi has submitted an important proposal to the Pacific Construction Group (China) regarding the Văn Cao – Hòa Lạc metro line, a project with total investment of 72.3 trillion dong. On the afternoon of April 9, a Memorandum of Understanding on cooperation was signed between the Hanoi Department of Construction…
Viettel leadership proposes expanding its international economic footprint and improving the efficiency of public investment to contribute to higher growth. On the morning of April 10, during the ongoing first session, the National Assembly discussed in committees the results and status of implementing the plan for economic and social development in the first months of 2026; discussed the five-year socio-economic development plan 2026-2030, the medium-term public investment plan and the five-year national financial plan for 2026-2030; approved the final settlement of the state budget for 2024; the practice of thrift and anti-waste in 2025; and the progress toward the national targets on gender equality by 2025. In Committee 2 (Ho Chi Minh City delegation), the discussion was lively with many opinions focusing on measures to promote high growth, aiming for double-digit growth in the upcoming period. Drawing on Viettel's success in investing abroad, Delegate Tao Duc Thang, Chairman and CEO of Viettel, argued that expanding space in international markets is an important path to maintain high growth. According to him, Viettel's experience shows sustainable growth over many years has benefited greatly from outward investment. Therefore, the delegate proposed developing a national program to help Vietnamese firms expand abroad. It should identify strong sectors, select leading enterprises to lead to create an ecosystem, thereby generating a new growth driver for the economy. Resolutions 68 and 79 of the Politburo set targets for Vietnamese firms to be among the top in Southeast Asia and the world. To achieve that, we must have a sufficiently large international market, said Tao Duc Thang. Tao Duc Thang also noted that in expanding outward, disputes may arise. Therefore, we need to improve the legal framework to be not only reactive when sued but proactive in defending legitimate interests. Regarding public investment, Viettel's chair argued that when firms decide to invest, disbursement speed is critical. Without cash returning or revenue, delays can lead to losses or even bankruptcy. Therefore he proposed strict evaluation of project timelines from the appraisal stage to ensure feasibility and high resolve to shorten implementation. Also, a system of KPIs should be built to measure post-investment utilization efficiency, such as occupancy rate and utilization efficiency, to avoid inefficiently used projects. Cần cải thiện hiệu quả sử dụng vốn đầu tư. Delegate Le Ngoc Son, Chairman of the Member Council of Petrovietnam, attended and assessed that the target growth rate of about 10% per year in 2026-2030 is very challenging and requires specific, synchronous solutions. He pointed out that one current limitation is the low investment capital use efficiency ICOR. Vietnam's ICOR is around 6.4, much higher than many regional economies, indicating low efficiency of capital use. According to him, without improving this index, total social investment demand in the near future could rise to 33-35% of GDP, creating pressure on the economy. Thus he proposed adding indicators reflecting growth quality such as multifactor productivity (TFP), ICOR by sector, and clarifying the role of science and technology and innovation in contributing to growth. For the goal of developing a digital economy to account for about 30% of GDP by 2030, he said this is a suitable direction but needs to be concretized by investing heavily in digital infrastructure and data and establishing mechanisms to involve all economic sectors.
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