Over $4.5 bln earmarked to support workers, businesses amid pandemic
State support packages worth VND104 trillion ($4.5 billion) have assisted 1.4 million employers and 68.6 million workers and people.
NA adopts resolution on Covid-19 control
Certain Covid-19 prevention and control policies will continue until December 31 this year.
PM calls for Covid-19 prevention efforts as Tet nears
Pandemic remains unpredictable with the appearance of new variants and sub-variants.
PM asks people to remain alert about Covid-19 during New Year
New Year season sees many people travelling, which creates conditions for many illnesses to spread.
Manulife: Potential of local insurance market can’t be denied
Mr. Damien Green, President & CEO of Manulife Asia, talks about Vietnam’s recovery from Covid-19 and the drivers that promote the country as an important market in Manulife’s growth strategy in Asia.
Omnichannel a definite preference in retail
The retail industry is experiencing many changes as the economy recovers, most notably the growth of the omnichannel model.
Rental support goes to more than 5.1mln workers
The Ministry of Labor, Invalids and Social Affairs (MoLISA) has said that nearly VND3.54 trillion ($147.6 million) has been disbursed out of a total of VND6.6 trillion ($275.24 million) in rental support for more than 5.1 million workers, or 54.53 per cent of the original target. The government issued Decision No. 08/QD-TTg in March on rental support for workers affected by Covid-19.
Businesses recovering but more support needed
At the “Business Contact and Dialogue in 2022” conference held recently by Ho Chi Minh City, analysts said that businesses have only now entered into a period of recovery following Covid-19 and need more support to address ongoing difficulties. It is especially necessary to reform administrative procedures to improve the investment environment and the quality of urban administration.
Social Impact Businesses to benefit from support
After three months of implementation, the “Social Impact Business (SIB) Support Package to Respond to Covid-19” has selected 29 SIBs in the agriculture and tourism sectors for support over six months and granted them VND100 million ($4,275) each to test and perfect innovative business models and replicate the potential social impact.
Concerns ease over Covid-related bad debts
A Circular from the State Bank of Vietnam (SBV) on allowing credit institutions to restructure debt repayment terms and exempt or reduce interest rates and fees in order to support customers affected by Covid-19 became effective on June 30. Banks actively setting up risk provisions has eased concerns over bad debts due to Covid-19.
Edtech and educating global citizens
The post-pandemic period is witnessing the burgeoning development of education technology (edtech), VET discussion hears.
Golden age for luxury resorts and hotels in Vietnam returning
Recovery in local tourism great news for luxury resort and hotel segment.
E-commerce providing economic momentum post-pandemic
Surging demand among consumers has been a source of development for Vietnam’s e-commerce sector after Covid-19.
Over $80mln in social insurance paid to Covid-19 sufferers
Social insurance agencies paid sickness benefits due to Covid-19 to more than 1,453,700 beneficiaries in the first four months of 2022, totaling over VND1.9 trillion ($82.64 million). More than 85.3 million people are now covered by health insurance, or 87.44 per cent of the population. Over 13.4 million have unemployment insurance, or 26.57 per cent of the workforce.
Government to buy Pfizer vaccines for children
The government has issued a Resolution on the purchase of 22 million doses of Pfizer Covid-19 vaccine for children between five and 12 years of age. It also requested that ministries, agencies, and localities ensure that booster shots are given to all adults during the first quarter of this year.
E-commerce thriving amid Covid-19
When Vietnam witnessed its first outbreak of Covid-19 in February 2020, there were concerns that the pandemic would have a major impact on the growth momentum of e-commerce both in the short term and in the 2021-2025 period. The reality, however, has been the opposite, with both online consumer and merchant numbers increasing sharply.
PM seeks speeding up of vaccinations
Prime Minister Pham Minh Chinh has signed an Official Letter on speeding up vaccinations and stepping up the implementation of Covid-19 prevention measures, asking the Ministry of Health to ensure sufficient vaccines and drugs are available and to continue to learn from international experience and consult with experts.
Prolonged pandemic drags down GDP growth
GDP growth reached only 2.58 per cent in 2021, with the agriculture, forestry, and fisheries sector and the industry and construction sector being pillars of the economy, growing 2.9 per cent and 4.05 per cent, respectively. Medical and social aid, banking, finance and insurance, and information and communication also saw relatively good growth.
PM calls for vaccinations to be sped up
The Prime Minister has requested that all citizens aged over 18 receive a second jab of Covid-19 vaccine before December 31. He also asked that a second dose for those aged 12 to 18 be administered during January, while those aged over 18 should receive their booster shot during the first quarter of the new year.
300,000 doses of Molnupiravir allocated for Covid-19 treatment
The Ministry of Health has allocated 300,000 doses of Molnupiravir to localities implementing the Program on the Controlled Use of Molnupiravir for mild cases of Covid-19 in the community.