Want to be in the loop?
subscribe to
our notification
Business News
INCOMING TRAVELLERS ARE TO PAY FOR COVID-19 QUARANTINE COSTS SINCE SEPTEMBER
All arrivals to Viet Nam shall have to pay for COVID-19 quarantine costs since September 1, 2020, according to Notice No. 313/TB-VPCP on conclusion of Prime Minister Nguyen Xuan Phuc after a recent meeting on COVID-19 response.
The Ministry of Finance is assigned to coordinate with the Ministry of Health to issue instructions on the mandatory quarantine costs.
At present, COVID-19 treatment fees are covered by the State budget in accordance with Point 2, Article 48 of the Law on Prevention and control of Infectious Diseases. Accordingly, persons suffering from an epidemic disease of class A are entitled to free medical examination and treatment.
The PM also agreed with a proposal of the Ministry of Planning and Investment to facilitate entry of investors from the Republic of Korea on their short business trips to Viet Nam. The list of these investors was submitted by the Korean Embassy in Viet Nam.
The PM also agreed to consider entry requests of other investors.
The Ministry of Transport was asked to work with the Ministry of Foreign Affairs, the Ministry of Health, the Ministry of Labor, Invalids, and Social Affairs to immediately to mull over resumption of commercial flights between Viet Nam and Japan, the RoK, and other safe destinations, and report to the PM before August 31.
Viet Nam’s COVID-19 patient tally is now at 1,040, including 695 recovered cases and 33 deaths.
Source: VGP
Related News
VIETNAM'S MANUFACTURING STORY HAS CHANGED IN 2026
Vietnam is no longer attracting investment solely because of its competitive costs. Today, global manufacturers are increasingly choosing Vietnam for its expanding industrial ecosystem, resilient supply chains and growing role in high-value sectors such as semiconductors, electronics and advanced manufacturing.
VIETNAM NEEDS OVER $200BN FROM STOCK MARKET IN NEXT 5 YEARS
Speaking at the event, Bui Hoang Hai, vice-chairman of the State Securities Commission of Vietnam, said total investment demand in the 2026-30 period is estimated at VND38,000 trillion ($1.4 trillion). The state budget can only provide approximately VND8,500 trillion ($323 billion), or 20 percent, leaving the remaining 80 percent to be sourced from private and international capital.
HUNG YEN BUILDS DIGITAL FOUNDATIONS TO DRIVE LONG-TERM GROWTH
From strengthening data infrastructure to developing AI platforms, Hung Yen province is enhancing governance capacity while laying the groundwork for the growth of its digital economy. Hung Yen, about 50-60km southeast of Hanoi, has maintained steady momentum in implementing its digital transformation agenda, creating a stronger foundation for the province to advance science, technology, and innovation.
CHINESE INVESTMENT WAVE OPENS NEW DOORS
As Chinese companies move beyond factory relocation to ecosystem-driven investment, Vietnam has a rare opportunity to evolve from a low-cost production base into a strategic node in regional value chains. When global companies first diversified supply chains, the focus was largely on relocating manufacturing capacity.
VIỆT NAM STEPS UP EXPORT TO ACHIEVE US$550-BILLION TARGET
Việt Nam is intensifying efforts to sustain export momentum in the second half of 2026 as the country works towards its target of US$550 billion in export revenue for the year, despite continuing uncertainties in global trade. Statistics show that exports reached $266.5 billion in the first six months, meaning the economy needs to generate around $245.5 billion more during the remainder of the year to meet the annual goal.
ASIA POWERS VIETNAM’S SHRIMP BOOM, LEAVING THE WEST BEHIND
In the first half of 2026, Vietnam's shrimp exports surpassed the US$2.3 billion mark, driven largely by booming demand from China and a lobster craze. But behind that growth figure lies a lopsided picture: Asia is carrying the load, while the U.S. and Europe have yet to break out. These days, a container of frozen shrimp leaving a Ho Chi Minh City port is more likely to cross the East Vietnam Sea to Shanghai than the Pacific to Los Angeles.
























