News
Stimulus package efficacy depends on execution: analysts
The stimulus package of VND350 trillion ($15.4 billion) is timely and well planned but how it is executed will determine the pace of recovery, experts say. The stimulus package was approved earlier in January at an extraordinary session of the National Assembly held to discuss ...
Dat Nguyen, Ha Mai
Better social assistance system needed to prepare vulnerable people for crisis: World Bank
Despite progress in tackling multiple challenges for different vulnerable groups, Việt Nam’s social assistance system faces challenges that have affected the country’s ability to support vulnerable groups affected by the COVID-19 pandemic, according to a recent report by the World Bank.The report “The Distributional Impact ...
HCM City completes disbursement of first support package for COVID-19-hit people
Ho Chi Minh City’s Department of Labour, Invalids and Social Affairs on August 6 announced that the city has basically completed the disbursement of the first support package for COVID-19-hit people, with over 611 billion VND (26.56 million USD) given to more than 391,020 local ...
Pandemic-hit workers anxiously wait for aid
According to statistics of the Ministry of Labor, Invalids and Social Affairs, in the second quarter of 2021, up to 12.8 million Vietnamese people aged 15 and older were negatively affected by the Covid-19 epidemic, including those who lost their jobs, had to take time ...
Vu Diep
Covid-19 crisis leads to lower incomes, living conditions for tens of thousands of families
Surveys all show that the living conditions of many Vietnamese have become worse because of Covid-19. However, economists are not recommending a second support package.During the second survey, WB carried out interviews via phones with nearly 4,000 households throughout the country from July 27 to ...
Ha Duy
Bridging the gap, from policies to implementation, who should benefit from government COVID relief packages?
Việt Nam has done remarkably well in regard to controlling the COVID-19 pandemic saving many lives; and mitigated the damage on macroeconomics level. Furthermore, the Government of Việt Nam has issued the Resolution No. 42/NQ-CP dated 09 April 2020 and Decision No. 15/2020/QD-TTg dated April ...
Babeth Ngoc Han Lefur
Second aid package for those hit by COVID-19 proposed
The Ministry of Labour, Invalids and Social Affairs said on August 25 that it has sent a proposal to the Ministry of Planning and Investment seeking the second aid package for businesses and workers affected by the COVID-19 pandemic.The package’s total funding is estimated at ...
HCM City completes financial assistance for those hit by COVID-19
HCM City has basically completed the provision of financial assistance for those hit by COVID-19, according to Director of the municipal Department of Labour, Invalids and Social Affairs Le Minh Tan. The move was in line with Resolution No 02 from the municipal People’s Council, the Government’s Resolution No ...
General Statistics Office announces employment data
As many as 1.2 million people have been laid off in the first six months of this year due to Covid-19 pandemic. Statistics from the General Statistics Office of Vietnam showed that the number of employed people in the first six months of the year ...
With jobs lost to Covid-19, Vietnamese struggle to make ends meet
Hundreds of thousands of people who lost their jobs due to the coronavirus pandemic are struggling to pay their bills. Though Vietnam has been among the earliest countries in the world to contain the virus and revive its economy, people are struggling to find jobs ...
