Want to be in the loop?
subscribe to
our notification
Business News
BORDERS REOPEN TO WELCOME ESSENTIAL OVERSEAS EXPERTS
Thousands of foreign workers will be allowed to enter the country as the Vietnamese government is moving to ease entry restrictions following the containment of the coronavirus.
Vietnam sent 270 LG Electronics engineers into quarantine for 14 days on July 2 after they arrived from South Korea at Cat Bi Airport in the northern city of Haiphong.
The experts entered on a special Vietnam Airlines flight from Incheon International Airport with certificates issued by South Korean authorities, accepted by the Vietnamese government, saying they are coronavirus-negative, Haiphong authorities said. They have since been housed in hotels. The flight was the fifth bringing LG engineers to the company’s plant in Haiphong since the pandemic struck.
On June 25, Japan and Vietnam hailed the first commercial flight in what was seen as a step towards resuming travel in the region. The plane, mostly carrying businessmen, headed to Vietnam and involved a COVID-19 test on arrival and 14 days’ quarantine for the passengers.
Masataka Sam Yoshida, CEO of Vietnam RECOF Corporation said, “I cannot stop applauding the great job achieved with the first trip for Japanese people to an outside country since the pandemic broke out. I believe this could not have happened without the longstanding friendship between the two countries’ governments and the sleepless efforts of the people sending and welcoming the passengers on each side.”
Vietnam has been engaged in discussions to ease the entry of citizens from China, South Korea, and Japan into the country, but the government is resolute that resumption of travel must be based on strict disease prevention measures.
At the moment, the Vietnam Immigration Department under the Ministry of Public Security is considering allowing 437 foreign labourers including 16 investors, 304 engineering technicians, 37 highly-skilled labourers, 51 managers, and their families to enter the country. They are working for 100 companies, organisations, and agencies in Ho Chi Minh City.
Since June 8, the Ministry of Labour, Invalids and Social Affairs (MoLISA) has permitted some foreign labourers to enter the country, with most coming from China, South Korea, the United States, the UK, France, and Germany.
At the moment, there are 7,258 foreign workers who are allowed to enter Vietnam, according to MoLISA. In late June 2020, the MoLISA cited reports of 63 departments of labour, invalids and social affairs saying that as of early this month, the number of foreign workers stuck outside of Vietnam reaches 21,641, out of 93,425 foreign workers in Vietnam in total. They are mainly experts, skilled workers, and managers.
The number of foreign labourers has decreased by 23.16 per cent in the first six months of the year compared to last year’s period. Meanwhile, other nations such as China, Japan, and South Korea have asked Vietnam to allow over 7,000 labourers, who chiefly serve international institutions’ high-tech projects or national key plans, to enter the country.
Le Bich Loan, deputy head of the management department at Saigon Hi-tech Park, told VIR that the park is lacking about 30 highly skilled labourers to extend its manufacturing activities. “We have had about 500 operational experts in so far. In the whole high-tech park, the number of those who are stuck outside the country is not remarkable. Therefore, the manufacturing operation of the whole park appears to be back to normality.”
She added that businesses with experts coming into Vietnam need to provide their names and other information to the MoLISA. Every Wednesday, the ministry approves those entering the city.
Nguyen Van Lam, deputy director of Ho Chi Minh City Department of Labour, Invalids and Social Affairs, said that the ministry is reviewing the list of foreign labourers on its website, which recently became overloaded due to spikes in site traffic.
“People who are accredited will receive their visa at the Embassy of Vietnam in their own country. Countermeasures for preventing COVID-19 and 14 days of quarantine will be mandatory,” he added.
In the context of a potential second wave of pandemic infections, domestic airlines Vietnam Airlines, Vietjet, and Bamboo Airways are adding more flights to shuttle Vietnamese people from abroad. It is estimated that about 14,000 Vietnamese citizens living abroad will return to the country in due course.
According to a representative of Vietnam Airlines, passengers will be able to buy tickets at the Embassy of Vietnam in their countries, and the price will not be higher than usual.
The move to ease entry restrictions on foreign workers can soon help foreign businesses resume operation and recover from the coronavirus crisis. Yoshida from RECOF pointed out the next hurdle to overcome to create activation and vitalisation of the economy for both Japan and Vietnam would be further increasing traffic between both countries by altering the 14-day quarantine rules.
A total of 28 days of quarantine on both sides of the border remains by far the highest obstacle for short-time business trip travellers who usually spend two or three nights to attend crucial meetings or site visits.
Yoshida explained that comprehensive activation and promotion of Japanese business activities will be increased if regulations can be loosened soon. “One day in the near future, if new arrangements were to come up, I will have no doubt that there will be a rush of negotiations for investments which will finally contribute to the growth of the economy,” he stated.
Source: VIR
Related News
BANKS LAUNCH CROSS-BORDER QR PAYMENTS TO TAP GROWING DIGITAL ECONOMY
Banks are rolling out cross-border QR payment services enabling consumers to make international transactions directly through domestic banking apps to tap into the country’s fast-growing digital economy. The expansion of QR-based payments is gradually reshaping spending habits, reducing reliance on cash and international cards while offering faster and more transparent transactions at points of sale.
VIETNAM’S SMALL BUSINESSES TOP ASIA‑PACIFIC GROWTH RANKINGS
Vietnamese small businesses posted the strongest performance among 11 Asia Pacific markets in 2025, with 84% reporting growth, up from 82% a year earlier, according to CPA Australia’s small business survey. This momentum is forecast to continue in 2026 with 89% of small businesses expecting to grow on the back of a strong focus on technology, e-commerce, and improved business management.
VIETNAM’S IMPORTS FROM CHINA TOP US$50 BILLION IN Q1
Vietnam’s imports from China in the first quarter of 2026 surged a staggering 31.6% year-on-year to more than US$50 billion, accounting for around 40% of the country’s total imports, customs data showed. The increase was driven largely by technology goods and industrial equipment. Imports of computers, electronics and components jumped 62.2% to US$16.77 billion, while machinery, equipment, tools and spare parts rose 25% to US$9.72 billion.
VIETNAM TARGETS OVER 30 AIRPORTS, 25 RAILWAY LINES BY 2050
Vietnam plans to expand its nationwide civil aviation network to more than 30 airports by 2050, with total capacity reaching 533 million passengers per year. Minister of Construction Tran Hong Minh told the National Assembly on April 20, as the country accelerates decentralization and diversifies funding sources for transport infrastructure.
FIRST-QUARTER GROWTH HITS RECORD HIGH DESPITE GLOBAL VOLATILITY
According to Dragon Capital, Vietnam’s growth momentum strengthened in March following Lunar New Year normalisation, reinforcing confidence that the expansion remained firmly intact through the first quarter of 2026. GDP grew 7.8 per cent on-year in the first quarter, with industry and construction rising 8.9 per cent and services 8.2 per cent, highlighting that growth is not solely reliant on exports and manufacturing, but is increasingly supported by services and domestic demand.
FRUIT AND VEGETABLE EXPORTS SURGE ON GLOBAL DEMAND
Việt Nam’s fruit and vegetable exports have made a strong start to the year, with rising shipments and tighter compliance with international standards helping producers tap robust global demand, according to the Vietnam Fruit and Vegetables Association. The association reported export earnings of nearly US$532 million in April, bringing total export value to $2.06 billion in the first four months of the year, up 22 per cent year-on-year.
























