Two months have elapsed since the issuance of Resolution128 which said Vietnam needs to ‘live together with the pandemic’. Production has gradually resumed and positive signs in the economy are reappearing.

Vietnam has regarded people as the centre, subject and driving force and target of development, PM Pham Minh Chinh told a plenary session of the third annual high-level forum on the fourth industrial revolution in Hanoi on December 6.

Vietnamese farmers need to conduct a ‘revolution’ by going digital and creating a data store to do business.

National Assembly deputies have recommended that the Government design an economic stimulus package, but both the Government and the National Assembly have yet to discuss the topic.

Vietnam is showing signs of socio-economic recovery though the COVID-19 pandemic remains complex, according to Francois Painchaud, Regional Resident Representative of the International Monetary Fund (IMF) in the country.

Deputy Prime Minister Le Van Thanh has asked the Ministry of Transport to thoroughly review the content of its draft master plan on the development of airports nationwide from 2021 – 2030, and prepare to report it to permanent government members.

The US is satisfied with the progress made by Vietnam in addressing the former’s concern over trade issues.

Thanks to the application of information technology (IT), combined with a high economic growth rate and friendliness with foreign trade, Vietnam has won plaudits for its global connection ability.

A gigantic economic recovery and development programme worth nearly $35 billion is expected to drive the economy to a higher level of growth.

The Vietnamese stock market experienced a historic week with many new records broken.

Doan Nguyen Duc, or Boss Duc, Chair of Hoang Anh Gia Lai Group (HAG), said he regrets the decision on giving up real estate. Nguyen Duc Thuy, or Boss Thuy, has wrapped up a lot of new deals.

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

Vietnam is assessed to have plenty of room to compete for foreign direct investment (FDI) against major competitors in the current global production shift, said Nguyen Bich Lam, former Director General of the General Statistics Office.

Despite the adverse effects caused by the Covid-19 pandemic, export sales of Vietnam’s woodwork industry have climbed.

Many banks have reached their respective credit limits in the first nine months of 2021.

Vietnam attracted US$2.72 billion in new foreign investment approvals in November, raising the total in the January-November period to US$26.46 billion. 

Most foreign invested enterprises have reopened their factories after lockdown and are optimistic about business performance for the last months of the year.

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

The increase in price of fuels and input materials of many products has occurred in 2021. Notably, the price fever of many commodities has not shown any signs of "cooling down".

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