Vietnam faces the risk of not fulfilling its growth targets. The situation requires extraordinary efforts and solutions.

Vietnam’s economy is recovering with strong prospects for resiliency and sustainable growth, experts said on Tuesday at a conference in HCM City.

The HCM City People’s Committee has set up 19 working groups to monitor the implementation of activities included in the city's COVID-19 pandemic response and socio-economic recovery plan.

Vietnam’s Government is planning a master programme to gear up for a post-pandemic recovery, which this time requires sophisticated organisation and effective implementation to ensure long-term efficiency.

There is still room for Vietnam to implement bailout packages and restore the economy, but there is not much time left.

The bailout in 2008-2009 pushed the national economy to a high inflation rate in following years, once climbing to 18 percent.

After shopping centers in Ho Chi Minh City reopened, long lines of people were waiting for payment at fashion shops.

While Vietnam's economy is still struggling with difficulties, the world economy is recovering clearly, after a long period of paralysis due to the impact of the Covid-19 epidemic.

Government agencies are discussing how to launch a sufficiently large stimulus package to help the economy recover and develop after Covid-19. In the current context, is there room for this policy?

The Ministry of Finance has advised the Government to launch a demand stimulus package through an interest-rate subsidy, worth VND20 trillion a year and VND40 trillion for two years.

The current challenges require an unprecedented consensus to overcome it, said former Director of the Central Institute for Economic Management Nguyen Dinh Cung.

Many businesses are running three production shifts a day to fulfill orders from Europe and the US. Some of them have enough orders for production until April 2022.

Although most business resumed after the lockdown was lifted, The Coffee House Signature, a trendy destination of many young Saigonese, has announced its closure.

After the fourth Covid-19 wave, only 2 to 3 percent of households indicate that they are doing well. The well-off also tighten their belly and prioritize healthcare and employment.

Sixty per cent of companies in HCM City have resumed production since the lockdown was lifted half a month ago.

The second session of the 15th National Assembly which opened on October 20 is expected to discuss a series of socio-economic issues that have arisen after the fourth pandemic wave.

This week, the second session of the 15th National Assembly (NA) will take place, with one of the biggest focuses laid on saving enterprises and spurring on economic growth.

Vietnam’s economy has recently received many optimistic signals from the business community, which are fuelling expectations of a stable and rapid recovery after a long disruption due to the COVID-19 pandemic.

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.

In a bid to help the country recover after the economy grew at a very low level in the third quarter, a huge financial support package is to be offered to enterprises whose performance is a backbone of economic growth.