Highlights of March 18: Government Initiatives and Economic Developments in Vietnam

On March 18, Vietnam’s Prime Minister emphasized citizen-centric technological development. Key reports highlighted economic growth potentials and increased tax revenue from e-commerce. Significant meetings with UK representatives and rising Vietnamese rice popularity in Japan were noted, along with promises to improve financial centers and renovation plans of historical sites in Hanoi.

Overview of Events on March 18
Vietnam News Agency provided a summary of significant events occurring on March 18, highlighting various governmental actions and economic developments.

Prime Minister’s Directives on Science and Technology
Prime Minister Pham Minh Chinh emphasized the necessity for science and technology development to center around citizens, advocating for reduced administrative procedures and enhanced digital citizenship. During the inaugural meeting of the Government steering committee on these topics, he urged a proactive approach to public service aimed at benefiting both citizens and enterprises.

Combating Wastefulness
In a recent directive, Prime Minister Chinh called on all political sectors to collaboratively address wastefulness. He highlighted that effective resource mobilization has bolstered Vietnam’s socio-economic goals, even amidst challenges like pandemics and natural disasters.

Vietnam’s Economic Growth by 2030
According to a forecast by DHL, Vietnam is expected to be among the top 30 fastest-growing economies in trade by 2030. The report also indicates that Southeast Asian nations, including Vietnam, Indonesia, and the Philippines, will experience significant trade growth over the next five years.

Deputy Prime Minister’s Working Visit to the UK
Standing Deputy Prime Minister Nguyen Hoa Binh participated in meetings during his work visit to the UK aimed at garnering support for establishing financial centers in Vietnam. He interacted with the Vietnamese Intellectual Society in the UK, uniting nearly 200 prominent scientists and researchers.

Rising Popularity of Vietnamese Rice in Japan
Japanese consumers have shown increasing interest in Vietnamese rice, which closely resembles local varieties. Takashi Takanashi from Spice House Co. reported a growing demand for this product in both restaurants and retail settings.

Filum AI Raises Significant Funding
Filum AI, an AI-driven customer experience management platform in Vietnam, successfully raised USD 1 million from various regional investment funds, indicating strong confidence in its growth potential.

Increased Tax Revenue from E-Commerce
The Ministry of Finance reported a significant rise in tax revenue from e-commerce in early 2025. Notably, 130 foreign suppliers, including industry giants like Google and Facebook, have registered for tax payments contributing substantially to national revenue.

Coffee Export Figures
Vietnam exported approximately 309,505 tonnes of coffee, generating around USD 1.72 billion within the first two months of this year. Despite a decrease in export volume, an increase in global coffee prices led to a surged value.

Renovation Plans for Dong Kinh – Nghia Thuc Square
The People’s Committee of Hanoi has finalized plans for the design and renovation of Dong Kinh – Nghia Thuc Square, a site of historical significance in the Hoan Kiem district. The district authorities will collaborate with consultants to integrate the square harmoniously with its surroundings.

Vietnam’s Participation in International Colloquium in Cuba
Vietnamese representatives attended the 4th International Colloquium Patria in Havana, Cuba, participating alongside notable Cuban officials and dignitaries.

Tuyen Quang’s Focus on Development
The Tuyen Quang administration is urged to prioritize planning in various sectors to attract investments and propose special resolutions for regional advancement.

Acknowledgment of Vietnam’s Economic Growth by UK
A British official praised Vietnam’s economic progress, indicating strong potential for cooperation between the UK and Vietnam.

Support for Laos’ Reform Initiatives
Vietnam plans to continue its support for Laos’ ongoing reforms tailored to the country’s unique socio-economic context.

Conclusion and Final Remarks
The events reported on March 18 highlight Vietnam’s proactive governmental strategies aimed at economic growth and modernization, emphasizing robust cooperation both domestically and internationally.

In conclusion, March 18 highlighted critical initiatives by the Vietnamese government aimed at enhancing science and technology, combating wastefulness, and fostering economic growth. From promoting Vietnamese exports to bolstering international cooperation, these actions reflect Vietnam’s commitment to progressive development amidst various domestic and global challenges.

Original Source: en.vietnamplus.vn