return icon

Will VND1-1.5 million help people with basic needs during COVID-19?

Giving every citizen VND1-1.5 million, which will be disbursed three times, to help cover basic needs is one of the initiatives that could help Vietnamese people overcome current difficulties.

Vo Quoc Thang, chair of Dong Tam Group, said the government has taken many drastic measures to help businesses and people to overcome difficulties, but he wants to see more strong actions to mitigate the damages caused by economic recession.



Thang has made 10 proposals, two of which relate to emergency assistance to people. The government can reduce electricity bills for April, May and June by 50 percent and allow consumers to owe the remaining 50 percent.

The owed money will be paid in 2021, or it can give VND1 million or VND1.5 million to every Vietnamese citizen, with disbursements in April, May and June. The money will help cover people’s basic needs.

Thang stressed that a high number of workers, especially seasonal workers and small business households, have been seriously hit by the epidemic. The workers have low and unstable income, which is just enough to cover daily basic needs, and they have no savings.

Giving every citizen VND1-1.5 million, which will be disbursed three times, to help cover basic needs is one of the initiatives that could help Vietnamese people overcome current difficulties.

Asked about the budget for emergency assistance, Thang admitted that it is unfeasible to rely on the state budget. He suggested setting up a fund - Quy Gia Dinh Vietnam (Vietnamese family fund) - and calling for financial support from Vietnamese in Vietnam and overseas and economic sectors in society.

He also thinks that Vietnam should seek support from international institutions.

Nguyen Hoang Hai, deputy chair of the Vietnam Association of Financial Investors (VAFI), doesn’t think this is a good idea.

Hai believes that as the nation’s financial resources are limited, the solution is unfeasible. Financial support needs to be addressed to the right people who really need assistance. The wrong spending will put a burden on the state budget and people.

Regarding the proposal to borrow foreign money to assist people, Hai said borrowing will lead to an increase in public debt.

Nguyen Mai Bo, a National Assembly Deputy from An Giang province, also thinks the solution is unfeasible.

The government has to spend a huge amount of money to prevent and fight against Covid-19. Coronavirus patients now can receive treatment free of charge.

Vietnam has a special population structure with more than 70 percent of people engaged in agricultural production and living in rural areas. Even if Vietnamese are in quarantine for 15 days, they won’t lack food. 

Chi Mai

Halting rice exports to stabilise food supplies

Halting rice exports to stabilise food supplies

The Vietnamese government has asked rice exporters to temporarily suspend signing new export contracts in a bid to increase stockpiles and ensure the country’s food supply.

National food reserves always sufficient for emergencies: authority

National food reserves always sufficient for emergencies: authority

National food reserves are enough to cater for emergency situations, the General Department of State Reserves (GDSR) said on March 26.


Vietnam’s economic growth counts on high-tech FDI

Vietnam’s economic growth has been accelerating in 2022, with experts considering high-tech foreign investments as a driver.

The “seven-star” islands in Quang Ninh

Along with crystal blue sea and beaches, the 7 Sao (seven star) islands also have caves and primeval forests.

Customs you only see in Vietnam

The travel site Culture Trip has listed a number of Vietnamese customs that often surprise foreign tourists:

Investors and buyers play waiting game in credit switch

The State Bank of Vietnam finally created extra credit room for some banks on September 7. However, the extension is deemed low and may not help real estate businesses and homebuyers access feasible capital sources for their projects.

Woodwork exports to EU, US drop as consumers cut spending

Many woodwork manufacturers complain that exports have been sliding as people in target markets have been tightening their purse strings.

Vietnam: new destination for multinationals to set up R&D centers

Vietnam wants to upgrade foreign direct investment (FDI) quality by manufacturing products with higher hi-tech and added value, and multinationals are also striving to do this after many years in Vietnam.

Huge real estate projects seek new investors

Many investors have quit large-scale investment projects capitalized at trillions of dong.


Work starts on Tan Van-Nhon Trach section of HCM City’s Ring Road No.3

Three Vietnamese airlines named among world’s best air services

Vietnam Airlines, Vietjet Air, and Bamboo Airways have been honoured in different categories by Skytrax, a UK-based site which ranks airlines and airports.

Vietnam Days Abroad 2022 to take place in Austria, India, RoK

Vietnam Days Abroad 2022 will be held in Austria, India, and the Republic of Korea (RoK) on the occasion of the anniversaries of diplomatic relations between Vietnam and these countries.

UN backs Vietnam’s development priorities: Secretary-General

The United Nations (UN) will continue paying attention to and support Vietnam's development priorities towards green and sustainable orientations, and just transition, especially in terms of financial access.

Vietnam merits seat at UN Human Rights Council: Washington Times

The Washington Times has published an article in which it supports Vietnam's candidacy for the United Nations Human Rights Council (UNHRC) for the 2023-2025 term.

Storm Noru to enter East Sea, localities warned to stay alert

The National Centre for Hydro-Meteorological Forecasting has predicted that storm Noru will enter the East Sea on September 25 evening, and recommended coastal localities to brace themselves for the storm.

Vietnam plans to vaccinate under-5 children against COVID-19 if there’s scientific basis

The Ministry of Health has asked provinces to calculate the number of children from 6 months old to under 5 years old to prepare a plan on COVID-19 vaccination for them when there are enough conditions and scientific basis.


Untapped opportunities for Vietnamese pepper exports to UK