Want to be in the loop?
subscribe to
our notification
Business News
“VACCINE PASSPORT” MECHANISM NEEDED TO PROMOTE TRADE, INVESTMENT: PM
Prime Minister Nguyen Xuan Phuc ordered the health, tourism and diplomacy sectors to soon study and issue a "vaccine passport" mechanism in order to promote trade and investment while addressing the Government’s regular meeting on March 31.
The Government leader demanded the health sector to submit a plan on the matter as soon as possible.
Assessing the implementation of the socio-economic development plan in the first three months of the year, the PM said the country witnessed better outcomes in both production and business with many economic indicators continuing to grow in the context that the COVID-19 pandemic has been kept under control.
Accordingly, the nation’s GDP expanded 4.8% in the first quarter, while the State budget revenue increased by over 30.1%. The country enjoyed a trade surplus of over US$2 billion.
The country has well fulfilled the dual goals of containing the COVID-19 pandemic and boosting production and business, he said, attributing the positive results to the engagement of the entire political system and especially the leadership of the Party.
The PM also noted that Vietnam's diplomatic achievements were confirmed and the country's international prestige enhanced.
He asked for more efforts in preventing the COVID-19, promoting bilateral trade and investment, while stressed the need to build plans of actions to implement the resolution of the 13th National Party Congress.
The Prime Minister instructed the Defence Ministry to continue to tighten border management to effectively combat illegal entry in order to prevent COVID-19 abroad from entering Vietnam.
He asked the finance ministry to strengthen budget discipline and cut budget spending, while the banking sector was required to do better in curbing inflation and minimize bad debt.
The Ministry of Industry and Trade should pay more attention to promote the sales of agricultural products for farmers, and the Ministry of Agriculture and Rural Development was tasked with directing the prevention of drought and salinity, he said.
PM Phuc told the Ministry of Transport to continue promoting key projects, especially ensuring that the Trung Luong - My Thuan expressway project is completed in June as scheduled.
Source: VCCI
Related News
KNIC ENGAGES WITH GOVERNMENT AND HIGH-TECH BUSINESS COMMUNITIES IN CHINA
From Beijing to Shandong, KN Holdings and KN Industrial City are continuing to expand their engagement with government authorities, trade promotion organizations, and high-tech business communities in China. In Beijing, the delegation met with the Center for International Economic and Technological Cooperation under the Ministry of Industry and Information Technology (MIIT), exchanging perspectives on industrial and technology cooperation between the two markets.
VIETNAM’S TRADE TOPS $825 BILLION BY MID-SEPTEMBER
Figures released on September 21 showed goods trade reached nearly $55 billion in the first 15 days of September alone, bringing cumulative turnover since the beginning of the year to more than $825 billion. The strong growth reflects robust trade flows, with demand for consumer goods and production inputs remaining high.
VIỆT NAM'S BUSINESSES MOVE TOWARDS AI AGENTS
Việt Nam’s AI landscape is entering a new phase as businesses move beyond generative AI (GenAI) tools designed to assist human users towards autonomous AI, agentic AI and AI agents that can take action with limited supervision, experts have said. The shift comes as Việt Nam seeks to accelerate science and technology, innovation and digital transformation under Politburo Resolution 57-NQ/TW, issued on December 22, 2024.
VIỆT NAM TARGETS $48 BILLION IN TEXTILE-GARMENT EXPORTS
Việt Nam’s textile and garment industry is facing both opportunities and challenges amid complex and unpredictable developments in the global market, prompting businesses to improve growth quality, optimise production costs and enhance adaptability in pursuit of an export turnover of about $48 billion this year. The target is considered an important milestone that requires concerted efforts from management agencies and the business community.
CUTTING LOGISTICS COSTS KEY TO BOOSTING EXPORTS
Reducing costs has become an increasingly urgent priority for import-export activities, particularly logistics costs, a conference in Hà Nội was told on Tuesday. According to Deputy General Director of the Ministry of Industry and Trade's Agency for Foreign Trade, Trần Thanh Hải, import-export activities has remained a bright spot for the economy in recent years, playing an important role and helping drive macroeconomic growth.
FLEXIBLE FISCAL POLICY HELPS DRIVE ECONOMIC GROWTH
Việt Nam’s fiscal policy has been implemented in a targeted expansionary manner since early 2026, helping maintain macroeconomic stability and supporting the country’s goal of achieving double-digit economic growth. According to the Ministry of Finance, State budget revenue in the first eight months of 2026 was estimated at VNĐ2.02 quadrillion (US$77.7 billion), equivalent to 80 per cent of the annual estimate and up 16 per cent year-on-year.






















