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Herd immunity yet to be achieved despite wide COVID-19 vaccine coverage

Due to the current developments relating to the COVID-19 pandemic it remains difficult to confirm whether or not the country has achieved herd immunity amid the possible appearance of fresh variants that can render vaccines ineffective.

Foreign giants leave, Vietnamese retailers expand business

The expected dominance of foreign retailers in the Vietnamese market has not occurred. Many foreign giants have left and Vietnamese retailers are controlling the market.

Vietnam to benefit most from RCEP: WB

Vietnam is anticipated to enjoy the highest trade and income gains among members of Regional Comprehensive Economic Partnership (RCEP), according to a latest World Bank report.

37,000 people in HCMC apply for lump sum payout of social insurance

Despite warnings by the HCMC Social Insurance, more and more people are still deciding to withdraw social insurance money  as they need money to cover basic needs.

Banks tighten real estate lending, low-income earners affected

Commercial banks are tightening lending to the real estate sector, raising fears that people with limited financial capability will not be able to buy houses.

Travelbook: Six things to do in Hanoi

Having not tried a cyclo tour around the Old Quarter, missing the Temple of Literature visit or skipping the pho bo soup when visiting Hanoi, foreign tourists would be very sorry.

Vietnamese vaccine passport available from April 15

Vietnam officially issues its digital Covid-19 vaccine passport from April 15, according to the Ministry of Health (MoH).

Vietnam has fourth mobile virtual network operator

The mobile virtual network operator market is projected to grow to $123.4 billion in 2028.

Vietnam discussing potential solutions to limit private vehicles in major cities

The Government has recently directed five major cities in Vietnam, namely Hanoi, Ho Chi Minh, Hai Phong, Da Nang, and Can Tho, to limit or stop private motorbike traffic in some of their districts after 2030.

VIETNAM BUSINESS NEWS APRIL 15

Public debts to be kept at under 60 percent of GDP in 2030: Strategy

Vietnam business costs among the lowest in region: study

Vietnam has among the lowest costs of doing business in its neighbourhood, with only Cambodia and Myanmar being cheaper, business transformation consultancy TMX has said in a report.

NA agrees to extend pilot resolution on bad debt settlement until end 2023

The National Assembly (NA)’s Standing Committee has agreed to extend a pilot resolution on bad debt settlement until the end of 2023 instead of this year.

VIETNAM NEWS HEADLINES APRIL 15

Vietnam begins to issue vaccine passports on April 15

Hanoi plans two night-time pedestrian spaces in Ba Dinh district

The People’s Committee of Ba Dinh district has submitted a proposal to the Hanoi People’s Committee on the organisation of two night-time pedestrian spaces around Ngoc Khanh lake and Dao Ngoc-Ngu Xa peninsula on Truc Bach lake.

Blockchain application is being used for NFT, digital currency

Blockchain application in Vietnam is now being used into many fields.

Fencer An, shooter Vinh selected SEA Games' flag bearer, cauldron lighter

Reigning fencing champion Vu Thanh An will fly the flag for Vietnam at the 31st SEA Games while Olympic gold medallist Hoang Xuan Vinh will light the cauldron in Hanoi on May 12.

HCM City leaders work with leading Asian corporations, call for investment

HCM City leaders and officials have held a meeting with some leading Asian corporations to discuss investment programmes that seek to promote the city’s economic and social reconstruction after COVID-19.

IZ advances to push growth of economy

Vietnam targets nearly doubling the area for its industrial zones by 2030, offering overseas investors the necessary land as well as attractive policy incentives to entice them to establish production bases in the country.

Japanese retailers jumping on board

During the last few years, Japanese investors boldly expanded their influence in Vietnam, especially in the retail sector.

New incentives on taxes and land rental fee expected to take effect in April

Two decrees on the extension of deadlines for payment of taxes and land rental fees will take effect immediately after the Government’s approval, according to Dang Ngoc Minh, Deputy Director of the Ministry of Finance’s General Department of Taxation.