Remittance flows from Vietnamese expatriates working abroad are predicted to remain resilient throughout the rest of the year, with the country’s central bank keeping its policy steady for now.

PM Pham Minh Chinh has chaired a webinar discussing Vietnam's measures in boosting post-pandemic economic recovery, adapting to the COVID-19 pandemic, overcoming economic disruption and strengthening locality-to-locality connectivity.

Dr Luong Truong Son, a physician and former Deputy Head of the HCM City Institute of Malariology, Parastology and Entomology, said the number of Covid-19 infections in the country shows that the fight against the pandemic will continue.

The northern port city of Haiphong envisions setting up an inner-city free trade zone to drastically accelerate the city’s development.

Two more domestic air routes to be resumed in October

Minister of Information and Communications Nguyen Manh Hung has met with Secretary General of the International Telecommunications Union (ITU) Houlin Zhao, who is attending the ITU Digital World 2021 hosted by Vietnam.

The Ministry of Transport has proposed the construction of two high-speed railway projects, with one linking Hanoi with Nghe An Province’s Vinh City and the other connecting HCMC with Khanh Hoa Province’s Nha Trang City.

People who have had two doses of COVID-19 vaccine, or have recovered from the virus, will only be tested when they come from high-risk areas or those under lockdown.  

The Vietnamese national swimming team will leave for Hungary on November 1 to train for the 31st Southeast Asian (SEA) Games and 19th Asian Games (ASIAD).

Although the fight against the Covid-19 pandemic in HCMC has shown positive results, the city will not be able to fully achieve new normal by November, said municipal chairman Phan Van Mai.

The Government has targeted the country’s gross domestic product (GDP) growth at 6%-6.5% in 2022 despite the lingering challenges caused by the Covid-19 pandemic. 

All businesses have to struggle hard to survive the pandemic. However, they are keeping calm and optimistic, because the ‘alluvium will come after the floods’.

Vietnamese groups are becoming more active in acquiring other businesses, while overseas investors are seeing themselves hindered amid continued travel restrictions.

The bad debt trading floor of Vietnam Asset Management Company (VAMC) is set to begin operation today (October 15).

The demand for investment capital for the development of power sources and grids averages US$10-11.5 billion per year by 2030.

Ten metro trains in Hanoi are scheduled for trial run in December after being brought from France.

The famous Spanish designer Diego Chula passed away on October 13 at the age of 49.

The International Monetary Fund (IMF) has forecast Vietnam’s GDP to grow at around 3.8% this year, higher than that of its regional peers, Malaysia, Thailand, the Philippines, and Indonesia.

Vietnam and Japan signed a Memorandum of Understanding (MoU) on Joint Credit Mechanism - JCM at a ceremony held in both virtual and in-person forms on October 14.

The Government’s report says that if the GDP in 2021 is below expectations, this will affect state budget overexpenditures as well as the national public debt and foreign debt safety indexes.

Vietnam plans to receive 34 million vaccine doses in October and more by the end of the year. It is creating a master vaccination plan for 2022, including vaccinations for children.

The Government has reported to the National Assembly about the implementation of EVFTA (EU-Vietnam FTA) over the last year.

According to data from MergerMarket, which is a business development tool designed specifically for the M&A sector, South Korean investors have carried out 69 M&A deals in Vietnam since 2005, with a total value of $5.1 billion.

Minister of Planning and Investment (MPI) Nguyen Chi Dung calculated economic growth in the whole of 2021 at between 3 and 3.5 per cent, but also said such a target will be difficult to reach.

The Ministry of Public Health has issued guidance implementing the government’s freshly adopted Resolution on provisional guidelines on safe adaptation to the COVID-19 pandemic.