Want to be in the loop?
subscribe to
our notification
Business News
PM ORDER CUTBACK ON INBOUND FLIGHTS UNTIL AFTER TẾT OVER NEW CORONAVIRUS VARIANT CONCERNS
The Vietnamese Government has decided to “minimise the number of inbound flights” into Việt Nam until after the Tết (Lunar New Year) holiday as more contagious variants of coronavirus have been recorded up in many countries.
In a directive communicating the decision from Prime Minister Nguyễn Xuân Phúc issued on Saturday, the country will only allow in “truly necessary” flights that have been approved on a case-by-case basis by five ministries – the Ministry of Health, the Ministry of Foreign Affairs, the Ministry of Public Security, the Ministry of Transport, and the Ministry of Defence – along with approval from the PM himself.
Việt Nam closed its border in March last year to curb the spread of the pandemic but has gradually opened up to a limited number of flights – including repatriated Vietnamese citizens from overseas, foreign business executives and experts or skilled workers, and diplomats.
The Ministry of Defence and the Ministry of Health are tasked with preparing facilities to implement mandatory quarantine for all Vietnamese entrants. Quarantine length and protocol must be reviewed to take into account the increased transmissibility of the new variants of the virus.
The directive asks local governments to beef up inspections of quarantine facilities under their jurisdictions (except centralised facilities managed by the military) to ensure the observance of COVID-19 prevention and control regulations.
All short-term foreign entries will be placed under centralised quarantine for 14 days, except in special cases considered by the Ministry of Foreign Affairs.
Local health departments must ensure the transport, reception and follow-up medical monitoring of people discharged from quarantine facilities are conducted properly and transgressions are strictly punished.
PM Phúc ordered the Ministry of Defence and the Ministry of Public Security to enhance entry and exit management on the country’s land, sea, and other waterway border routes.
The Ministry of Public Security and provincial/municipal people’s committees should work with local administrations to communicate to families with members staying overseas to discourage illegal entry.
People who wish to return to Việt Nam via land routes but suffer financial difficulties will be considered for quarantine fee support by local authorities, according to the directive.
After the Tết holiday ends (around mid-February), the Ministry of Transport should study the resumption of regular commercial flights as per the Government’s instructions to serve the dual goal of pandemic containment and economic recovery, as well as the travel needs of citizens.
Source: VNS
Related News
BRITISH INVESTORS PROPOSE US$18-BLN DEEP-SEA PORT, INDUSTRIAL URBAN COMPLEX IN QUẢNG NINH
British investors have proposed an US$18-billion deep-sea port and eco-industrial urban complex in the northern province of Quảng Ninh as local authorities reaffirmed their commitment to facilitating strategic, high-value investment projects. Representatives of Thai An Holdings JSC and their British partners presented the proposal during a working session with Permanent Vice Chairman of the provincial People's Committee Vũ Văn Diện on August 7 to discuss potential investment opportunities.
ONE OF MANDOPOP’S MOST POWERFUL VOICES IS COMING TO THE GRAND HO TRAM
After winning One Million Star - one of Taiwan’s most prestigious singing competitions - Jess Lee rose to fame with her exceptional vocal range and beloved hits including Suffering and The Great Wall, captivating Mandopop fans across Asia. On 22 August 2026, don’t miss the chance to experience her live at The Grand Ho Tram. Elevate your concert experience with our exclusive Jess Lee Concert Package.
TÂY NINH ATTRACTS WAVE OF NEXT-GENERATION FDI
The fact that a growing number of multinational corporations are choosing Tây Ninh Province to expand their manufacturing operations underscores its rising appeal as a destination for high-quality foreign investment focused on innovation, advanced technology and long-term economic value. Among the latest investors is Suntory PepsiCo Vietnam Beverage, which this month opened in the province’s Hựu Thạnh Industrial Park a new plant that cost more than US$300 million.
HÀ NỘI SEEKS NEW GENERATION OF FDI TO POWER TECH, INNOVATION-LED GROWTH
After more than three decades as one of Việt Nam's leading destinations for foreign investment, Hà Nội is entering a new phase, shifting its focus from attracting capital in volume to drawing technology-intensive investment that can help transform the capital into a regional hub for research, innovation and high-tech industries.
GOV’T PROPOSES REDUCING INCOME TAX BY 30% FOR BUSINESS WITH REVENUE OF VND10 BLN
The Government is preparing to submit to the National Assembly a proposal to reduce income tax by 30 percent in the 2026–2027 period for business households, individuals, and enterprises with annual revenue up to VND 10 billion (US$381,621). The Government also proposes a 30 percent reduction in personal income tax for micro-enterprises with annual revenues of up to VND 10 billion in 2026 and 2027.
BANK COUPON RATE HITS RECORD HIGH OF 10% PER YEAR
Amid surging demand for capital, commercial banks have been ramping up bond issuance, with rates reaching a record high of 10 per cent per year. Sacombank has recently announced the completion of three private bond placements in July, raising a total of VNĐ3.65 trillion (US$139 million) to raise medium- and long-term capital, strengthen financial capacity, enhance risk resilience and meet regulatory capital requirements.
























