Want to be in the loop?
subscribe to
our notification
Business News
GOV’T EXTENDS SOCIAL DISTANCING FOR AT LEAST ONE WEEK IN HIGH-RISK LOCALITIES
Prime Minister Nguyen Xuan Phuc has agreed with a proposal of the Steering Committee for COVID-19 Prevention and Control to extend social distancing for at least one week in high-risk and risky localities.
Under the proposal, localities are divided into three groups: high-risk, risky, and low-risk and such division will be reviewed and updated regularly.
High-risk localities consist of 12 provinces and cities namely Ha Noi, Lao Cai, Quang Ninh, Bac Ninh, Ninh Binh, Da Nang, Quang Nam, Binh Thuan, Khanh Hoa, Ho Chi Minh City and Tay Ninh, and Ha Tinh.
For the above localities, social distancing shall continue until April 22 or April 30 depending on specific situation and may be further extended, the Government chief stressed.
Although they are high-risk localities, the Government chief urged the local authorities to pay attention to production, infrastructure development and facilitate trade and transport movement.
Social distancing shall also be extended to April 22 for 15 localities in the second group, namely Binh Duong, Can Tho, Dong Nai, Ha Nam, Hai Phong, Kien Giang, Nam Dinh, Nghe An, Thai Nguyen, Thua Thien-Hue, Soc Trang, Lang Son, An Giang, Binh Phuoc, and Dong Thap.
Further extension of social distancing in those localities shall be decided on April 22.
PM Phuc tasked local authorities to issue specific instructions for implementation of social distancing and their specific measures in their own administrative boundaries in a proper and serious manner.
The latest move was made amid widening COVID-19 pandemic across the world while new infection cases in Viet Nam have continued rising with 30 new patients confirmed over the past 15 days, said Phuc.
He reaffirmed that "we are not allowed to losen [countermeasures] or be subjective" because protection of public health is the top goal.
In the meanwhile, we also need to gradually get things back to normal, thus the Government will issue a new directive with concreate measures, according to PM Phuc.
He asked for immediate implementation of the social security package of up to VND62 trillion (roughly US$2.66 billion) to support people directly affected by the COVID-19 epidemic as many people are in serious need.
Source: VGP
Related News
EVFTA DEEPENS VIETNAM-EU RELATIONS AFTER SIX YEARS
The EVFTA acts as a vital economic highway to boost trade between Vietnam and EU. In 2019, the Vietnam – EU two-way trade stood at $49.8 billion. This figure rose to $74 billion by the end of 2025. In the first six months of 2026, two-way trade between Vietnam and the EU totalled $41.7 billion. Vietnam's exports to the EU reached $31.8 billion, while imports from the bloc stood at $9.9 billion.
AMRO UPGRADES VIETNAM GROWTH FORECAST TO 7.5 PER CENT
AMRO released its July 2026 Quarterly Update of the ASEAN+3 Regional Economic Outlook on July 27, projecting Vietnam to grow 7.5 per cent in 2026, up from its June forecast of 7.2 per cent. AMRO also raised its growth forecast to 7.3 per cent in 2027, up from its June forecast of 7 per cent, while revising down its inflation forecasts to 4.3 per cent in 2026 and 3.9 per cent in 2027.
VIETNAM APPROVES ROADMAP FOR INT’L FINANCIAL CENTERS THROUGH 2035
Vietnam has approved a development plan through 2035 for its international financial centers, with the one in Ho Chi Minh City positioned as a comprehensive global financial hub. Deputy Prime Minister Nguyen Van Thang, chairman of the governing board of the Vietnam International Financial Center, has signed the decision approving the development plan.
REMITTANCES TO HO CHI MINH CITY TOP $4BN IN H1 2026
Remittances sent to Ho Chi Minh City topped US$4 billion in the first half of 2026, down nearly 23 percent year on year, despite a modest recovery in the second quarter. The city received more than $2.03 billion in remittances in the second quarter. Tran Thi Ngoc Lien, deputy director of State Bank of Vietnam’s region 2 branch, said the second quarter was the first quarter this year to see remittances to Ho Chi Minh City increase from the preceding quarter, although the pace of recovery remained modest.
GLOBAL BEAUTY BRANDS EYE OPPORTUNITIES IN VIETNAM
Vietnam’s fast-growing beauty and personal care market is attracting thousands of international brands, with a major industry exhibition in Ho Chi Minh City bringing together more than 3,000 brands from over 24 countries and territories. The Vietbeauty, Cosmobeauté Vietnam and Beautycare Plus 2026 exhibitions officially opened in Ho Chi Minh City on Thursday, bringing together 600 exhibitors from Japan, South Korea, the United States, France, Singapore and Vietnam, among others.
HCM CITY PRIORITISES LOGISTICS INFRASTRUCTURE TO RAISE DIRECT IMPORT-EXPORT THROUGHPUT ABOVE 80%
HCM City aims to increase the proportion of imports and exports handled directly through its seaports, airports, railway terminals and inland container depots (ICDs) to more than 80 per cent during the 2026-30 period. With measures revolving around investment in integrated logistics infrastructure, multimodal transport expansion and digital transformation acceleration, the strategy is intended to reduce logistics costs, enhance competitiveness and support sustainable growth in external trade.
























