Want to be in the loop?
subscribe to
our notification
Business News
VIETNAM TO SHORTERN QUARANTINE PERIOD FOR FULLY-VACCINATED PEOPLE
Vietnam is mulling to reduce the quarantine period for vaccinated foreign experts and Vietnamese people stranded overseas to seven days.
At a meeting yesterday, the Standing National Steering Committee for COVID-19 Prevention and Control has requested the Ministry of Health (MoH) to complete the process and technology system for immigration management.
Specifcailly, the MoH is urgently completing the process of receiving experts and Vietnamese people to Vietnam. The ministry is developing a closed management process from the time of immigration registration to concentrated quarantine and medical monitoring at home.
It is expected that people entering Vietnam will be classified into different groups. Vaccinated people are subject to various coronavirus tests to confirm the effectiveness of vaccination. The main reason is that at present vaccines are 70-90 per cent effective. If they test negative, the quarantine period will be shortened to seven days.
The committee expected that the COVID-19 pandemic will be contained by June but there are still some sporadic cases in the community. It will not be easy to achieve herd immunity soon given vaccination efforts in Vietnam and many countries around the world. Therefore, the forces should always be alert to prevent and fight the epidemic.
Relaxing quarantine rules for fully vaccinated business people and foreign experts will help ensure the investment and trade flow between Vietnam and the world.
According to the Ministry of Labour, Invalids, and Social Affairs, there are nearly 8,500 highly-skilled foreign workers on a priority list to enter Vietnam. They involve some 2,000 employees of key national projects that use new technologies.
Source: VIR
Related News
TOTAL FDI REGISTERED IN VIETNAM HITS 31.4 BILLION USD IN JANUARY-NOVEMBER
As of November 30, 2024, the total newly registered capital, adjusted capital, and capital contributions or share purchases by foreign investors in Vietnam reached nearly 31.4 billion USD, up 1% increase compared to the same period last year.
FOUR MAIN DRIVERS OF VIETNAMESE STOCK MARKET IN 2025
Positive prospects of a stable manufacturing in 2025 are supported by supply chain diversification benefits from the “China +1” strategy, and Vietnam will continue to attract FDI inflows in the coming time.
FORECAST UPBEAT FOR BANKING INDUSTRY IN 2025
They explained that the real estate market has gradually recovered, while the Government has also been promoting public investment. These factors will help stimulate an increase in credit demand, which will support banks' lending yields in the second half of 2025.
FOOTWEAR INDUSTRY SET TO GAIN $27 BILLION IN EXPORT THIS YEAR
Việt Nam's footwear and leather industry is poised to achieve US$26-27 billion in export in 2024, marking a $3 billion increase from the previous year, as they country has well capitalised on the signed free trade agreements to bolster shipment, according to the Vietnam Leather, Footwear and Handbag Association (Lefaso).
TEXTILE EXPORT TURNOVER HITS 44 BILLION USD IN 2024
According to the Vietnam Textile and Apparel Association, Vietnam's textile and garment industry has fulfilled its 44-billion-USD export turnover target in 2024. The US remains the largest export market with an estimated export turnover of 16.71 billion USD, up 12.33% and accounting for 37.98% of the total turnover, followed by Japan, EU, the Republic of Korea, China, and ASEAN.
TRANSPORT MINISTRY EYES 70 KEY INFRASTRUCTURE PROJECTS IN 2025
The Ministry of Transport today, December 30, announced that it would advance 70 infrastructure projects in 2025, including 19 new starts and the completion of 51 existing ones. The announcement came at a conference reviewing the ministry’s 2024 performance and outlining its 2025 priorities.