News

Blue or white, no respite: labor shortage dogs firms

Companies in Vietnam continue to face difficulties in recruiting both white and blue-collar workers to fuel their post-Covid recovery operations.Current labor supply is unable to meet the post-Covid recovery demands of companies, the Ministry of Labor – Invalids and Social Affairs has said. There was ...

Post-COVID recovery: Việt Nam on the right track but more rigorous changes needed

Việt Nam has been on the right track towards the goals of cutting carbon emissions and phasing out coal mine plants but will need more vigorous financial and institutional changes to deliver a green, sustainable and inclusive recovery from the COVID-19 pandemic.International experts, think tanks and ...

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

Agricultural sector continues to be economy's pillar

Ecological agriculture, modern rural areas and smart farmers are expected to be the three key factors helping agriculture secure its role as a firm pillar of the economy in 2022 and following years.Despite COVID-19 impacts that caused the crackdown of the global supply chains in 2021, the ...

National Assembly passes $15b economic recovery package for 2022-23

On the final working day of an extraordinary session, the National Assembly of Việt Nam on Tuesday voted to adopt a Government-proposed socio-economic recovery programme worth nearly VNĐ350 trillion (approximately US$15 billion) over the next two years.The five major tasks stated in the resolution are: reopening ...

Mekong Delta to adapt to the climate in recovery from pandemic

Experts and public officials believe that regional connection and agricultural economic development in the Mekong Delta need to be continued, as discussed in a seminar on Thursday.Việt Nam is currently carrying out the Regional Development Plan to 2030, which is an opportunity to develop integrated planning that ...

RCEP gives extra leverage to post-pandemic economic recovery

The Regional Comprehensive Economic Partnership (RCEP), which came into force as of January 1, is expected to provide a fresh impetus to enhancing trade activities and boosting economic recovery in the post-pandemic period.The deal was signed between 10 members of the bloc and five partners ...

Agriculture holds significant contributions to 2021 economic growth: PM

Agriculture, farmers, and rural areas have made important contributions in various aspects to stabilising macroeconomics, ensuring major balances, sustaining growth, and boosting economic recovery in 2021 when the economy faces serious COVID-19-induced impacts, stated Prime Minister Pham Minh Chinh at a conference held in Hanoi ...

Vietnamese citizens show weaker economic optimism: research

Citizens in Malaysia, Thailand, and Vietnam showed a weaker economic recovery sentiment compared to other regional countries after the resurgence of COVID-19 in the past few months, according to a study by market research giant Ipsos Group.The report ‘Living through Pandemic: COVID-19 Impact on Southeast ...

VN to be only country in region to attain positive growth in 2020: report

Việt Nam is expected to be the only Southeast Asian economy to achieve growth this year, with its GDP rising by a likely 2.3 per cent, according to a study by Oxford Economics. The Global Economic Outlook report said recovery prospects look brightest for Việt Nam, ...

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