chevrons

Back to Previous Page

PM orders prompt resumption of socio-economic activities as COVID-19 pushed back

PM orders prompt resumption of socio-economic activities as COVID-19 pushed back

VGP – Prime Minister Nguyen Xuan Phuc has ordered prompt resumption of socio-economic activities after drastic measures have helped push back COVID-19 outbreaks.

Viet Nam has gone 19 days without new community transmission case of COVID-19, thus the resuming socio-economic activities becomes the urgent task now, said the Government chief at the Cabinet meeting on Tuesday.

Though the International Monetary Fund had forecasted that the Vietnamese economy may enjoy the highest growth in Southeast Asia this year, with 2.7%, PM Phuc called for doubling efforts to achieve growth rate of 5% in order to ease pressure on job creation, poverty reduction and social security guarantee.

He also challenged authorities to keep inflation below 4% and disburse VND700 trillion (US$29.7 billion) of public investment capital this year.

As reported earlier, the Cabinet members deliberated on a draft resolution concerning major tasks and solutions to continue removing difficulties for production and business, promoting the public investment disbursement, and ensuring social order and safety amid the COVID-19 pandemic.

Featured image credit: news.chinhphu.vn

Source:news.chinhphu.vn

Related News & Insights
Find out more navigation_button
news

The Vietnamese government has proposed a 10-year national target program on healthcare, population and development (2026–2035), with a total budget of ~125.5 trillion VND (about USD 5 billion) to upgrade public health infrastructure and expand access across the country. Key objectives: Ensure universal access to quality primary health care, and enable all Vietnamese to manage […]

Read Newsarrow
news

Vietnam’s digital economy is on track to hit USD 39 billion by the end of 2025, reflecting a 17% growth from the previous year. According to the e-Conomy SEA 2025 report released on November 25 by Google, Temasek, and Bain & Company, Vietnam ranks as the second-fastest-growing digital economy in Southeast Asia. All major sectors […]

Read Newsarrow
news

New data comparing tourist arrivals to 2019 shows a clear standout in Southeast Asia: Vietnam. Among regional peers, Vietnam’s total arrivals exceeded pre-COVID levels, outperforming Malaysia, Indonesia, Singapore, Thailand, Cambodia, and the Philippines. Notably, Vietnam’s recovery is driven not just by the return of Chinese travelers, but by diversifying source markets across Korea, the US, […]

Read Newsarrow
Find out more navigation_button