Investments

The congressional leaders acknowledged the government officials and department heads for their thorough understanding of their respective fields. They commended their honest and comprehensive responses, shedding light on various issues and proposing solutions for effective future implementations.

"This is a race, a race to seize the initiative and capitalize on opportunities. As we lag behind in terms of development, we must recognize that this is our chance to catch up and even surpass our competitors. During the meeting on the 22nd of August, where the proposal for developing the carbon market was discussed, Deputy Prime Minister Tran Hong Ha emphasized the urgency and potential of this endeavor. He likened it to a game where speed and intelligence are key to success, and with the right moves, we can turn our current disadvantages into advantages and achieve remarkable progress."

According to Forbes, this Indian billionaire's net worth stands at a staggering $29.1 billion. He is one of the wealthiest individuals in the populous country and ranks 61st among the world's richest people.

The Social Insurance Law of 2024, specifically according to Article 67 and Clause 2 of Article 99, stipulates that from July 1, 2025, there will be a continuation of pension adjustments for employees.

For months, a brazen enterprise has been extracting and selling sand to contractors working on the Khanh Hoa - Buon Ma Thuot highway project, blatantly disregarding directives from authorities. This unscrupulous business has continued unabated, even without the requisite permits and in plain violation of regulations.

The impending rainy season brings with it the threat of complex and unpredictable weather conditions. Despite this looming danger, the Quy Dat town embankment project in Minh Hoa district, Quang Binh province, remains in a stalemate due to a lack of funding. The project aims to fortify the slopes of Suong mountain, which looms over the town, and ensure the safety of hundreds of households living in its shadow. With the rainy season approaching, the residents of Quy Dat are filled with anxiety, fearing that their homes will be buried in potential landslides.

To capitalize on the upcoming opening of the Long Thanh International Airport in 2026, Dong Nai province has petitioned the Central Government for funds to expand the road network connecting the airport to Ho Chi Minh City and other provinces in the Southeast region.

In Q2 of 2024, Vietnam's economic growth exceeded the expectations of experts and the market alike. With a remarkable GDP growth rate of 6.93% in the second quarter, Vietnam emerged as the fastest-growing economy among the ASEAN-6 group of countries. As we move forward into the next quarter of 2024, what does the outlook hold for the Vietnamese economy?

"In his concluding remarks at the fourth meeting of the Steering Committee for the Review of 40 Years of Renewal, General Secretary and President To Lam emphasized the need for a unified understanding of the new context. This new era marks a pivotal moment for the Vietnamese nation to soar to new heights after four decades of renewal and transformation."

On August 22, Deputy Prime Minister Tran Hong Ha chaired a meeting to provide feedback on the draft proposal for developing a carbon market in Vietnam.