Vietnam Today

Prime Minister Pham Minh Chinh has signed Decision No. 1447/QD-TTg dated August 30, 2021, on setting up a special working group to remove difficulties facing businesses and individuals amid the Covid-19 pandemic. He previously established a special working group on July 16 to review and remove difficulties and obstacles in the implementation of investment projects.

The Ministry of Transport (MoT) has emphasized it “will not promulgate regulations increasing inspection procedures, costs, and time, causing trouble and difficulty for people and businesses”. It is necessary to strengthen the application of information technology in the management of freight transport.

The Czech Government has donated 250,800 doses of the AstraZeneca and Moderna vaccines to Vietnam, together with pandemic prevention equipment.

The US remained Vietnam’s largest export market in the first eight months of 2021, and direct and indirect investment capital from the US into Vietnam increased sharply in the period. BIDV Securities believes that the steel industry will be the leading beneficiary of growing Vietnam - US trade ties, followed by the textile and garment industry, seaports, fisheries, real estate, and industrial park real estate.

Vietnam is in the Top 10 in the world in cross-border data transfers. The big challenge in maintaining its position is protecting data safety for users and each person’s privacy without affecting data flows, which are the lifeblood of the digital economy. The digital economy has been the fastest-growing field in Vietnam in the last five years, reaching $14 billion in 2020 and forecast to reach $52 billion by 2025.

A batch of medical supplies worth more than $413,000 has been handed over to Vietnam by the World Health Organization (WHO), including 36,000 surgical masks, 70,000 high-filtration respiratory masks, and 50 sets of high-flow oxygen breathing systems. More supplies will arrive in the days to come.