4 limitations of using gdp to measure economic growth

Particularly, the Government requires ministries and ministerial-level agencies to actively receive and handle proposals of localities under their assigned functions, tasks, and authority to promptly and drastically remove problems in production and business activities. In case that the proposals are beyond their powers, they must report to the Government and the Prime Minister for consideration and decision. Ministries, central agencies, and localities must focus on strictly implementing Directive No.48-CT/TW of the Secretariat of the Party Central Committee on the celebration of the Lunar New Year, Directive No. 44/CT-TTg of the Prime Minister on strengthening measures to ensure a happy, healthy, safe, and thrifty Tet holidays, and the Telegram No.1711/CD-TTg on ensuring traffic safety along with the prevention of the Covid-19 pandemic during Lunar New Year and spring festival in 2021. The Government emphasized that they must continue to focus on implementing the dual goals and … [Read more...] about Gov’t orders synchronous implementation of measures for 6.5-percent growth

Deputy Prime Minister Vu Duc Dam affirmed that successful vaccine research is not only the pride of the scientific community and the Vietnamese health sector, but it is indeed an effective anti-epidemic tool. In the context that the price of vaccines in the world is quite high and the supply is limited, it is extremely necessary to promote vaccine research in the country. … [Read more...] about The government accepts economic damage to guarantee the right to health care for everyone

Construction materials market flourishes again After a gloomy period due to the COVID-19 pandemic, the construction materials market in HCM City started to flourish again in the third quarter as the peak construction season began and demand from some export markets recovered. … [Read more...] about Cement exports unlikely to enjoy robust growth in 2021

It is forecast that there will be more cold spells in January. Thua Thien-Hue Steering Committee for Natural Disasters Prevention and Search and Rescue will set up an inspection team to find the cause and propose solutions to the problem. The local authorities must allocate funding to deal with the damage and support the farmers, especially those with disadvantaged backgrounds. … [Read more...] about VIETNAM NEWS JANUARY 17

The Dong Nai Provincial People’s Committee on January 12 granted investment certificates to three new projects with a total registered capital of US$190 million, including US$100 million by Hansol Electronics Viet Nam Co., Ltd (RoK), specializing in assembling liquid-crystal display modules and electronic circuits, at Ho Nai Industrial Park in Trang Bom District, and US$60 million by Ojitex Viet Nam Co., Ltd (Japan), specializing manufacturing high-quality packaging, at Loc An-Binh Son Industrial Park in Long Thanh District. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 17