Vietnam Today

The Prime Minister issued a new message in the fight against the Covid-19 pandemic on August 29, noting that “this war is still long, we must be determined to live with the pandemic”, with it being necessary to adapt and identify a suitable way forward. There needs to be standard solutions to secure manufacturing supply chains.

At the Vietnam-Austria Business Forum held on September 6, National Assembly Chairman Vuong Dinh Hue affirmed that Vietnam is committed to creating the best business environment to meet the standards of the Organization for Economic Cooperation and Development (OECD) by removing obstacles in the economy in terms of legal institutions, infrastructure, and human resources.

At the regular government meeting on September 6, the Prime Minister asked for a scenario on economic recovery and growth once large-scale vaccination rates have been reached, to maintain and promote production and business, stabilize value, production, and supply chains, and remove difficulties in consumption. The Minister of Health reported that Vietnam will have about 90 million doses of vaccine by the end of the year.

The Prime Minister has issued a Directive on accelerating the implementation of the State Administration Reform Master Program for 2021-2030. Administrative reform is considered a breakthrough solution contributing to socio-economic development.

Fourteen foreign TV channels will cease broadcasting in Vietnam from October 1. Vietnam now has 25 businesses providing Pay TV services, with about 14 million subscribers and annual revenue of VND9 trillion ($396 million). Internet TV services provided by cross-border platforms have about 1 million subscribers, with revenue estimated at VND1 trillion ($44 million).

The CPI rose 1.79 per cent year-on-year in the first eight months; the lowest rate since 2016. Core inflation increased 0.9 per cent; the lowest since 2011.