Vietnam Today

At the upcoming ASEAN Summit, Vietnam and ASEAN countries are expected to ratify the ASEAN Travel Corridor Arrangement Framework and discuss the possibility of forming agreements to facilitate essential movement in the region and the mutual recognition of electronic Covid-19 vaccination certificates. Vietnam will also contribute $5 million to the ASEAN medical supplies reserve.

The following six months is an important period for Vietnam’s economy to recover and develop, Mr. Kidong Park, acting United Nations (UN) Resident Coordinator said at a meeting between himself and heads of UN agencies in Vietnam and the Prime Minister on October 21. He also affirmed that the UN will continue to accompany and support Vietnam along the way.

The Ministry of Culture, Sports and Tourism has proposed a plan for reopening international tourism in three stages starting from November. By the third stage, in the second quarter of 2022, Vietnam’s tourism sector will have completely reopened to international visitors. Deputy Prime Minister Vu Duc Dam has requested that tourism be reopened quickly but insisted that safety be ensured.

On behalf of the National Assembly Standing Committee, National Assembly Chairman Vuong Dinh Hue has signed a Resolution on supporting businesses and individuals affected by the pandemic. From October 19, those affected will be exempted from or able to access reductions on a number of taxes, including corporate income tax, personal income tax, and value-added tax.

Under the Ministry of Finance (MoF)’s public administration reform plan for the 2021-2025 period, it will strengthen the application of information technology and also work to improve the level of customer satisfaction over the handling of administrative procedures to at least 90 per cent.

With a desire to learn from successful financial centers in the world, Ho Chi Minh City plans to study the Shanghai international financial center with Chinese experts. The two cities have cooperated closely since 1994.