Want to be in the loop?
subscribe to
our notification
Business News
VN CONTINUES TO CLOSE BORDERS TO FOREIGN TOURISTS
The Government of Viet Nam has announced that the country continues to close borders to foreign tourists in a bid to prevent importation of new COVID-19 cases.
Competent authorities are required to continue strict entry control and quarantine regulations to deter community transission. Foreign investors, experts, skilled workers, business managers, officials, and Vietnamese students learing aborad are allowed to enter the nation but they must comply with the nation’s quarantine regulations.
The Government tasked the Ministry of Foreign Affairs to ask Vietnamese citizens abroad to implement preventive measures recommended by the host countries and repatration of citizens will be carried in accordance with a proper and transparent roadmap.
The healthcare sector will continue maintaining fast-response teams to promtply handle emerging issues and continue speeding up development of COVID-19 vaccines and further improving treatment for COVID-19 patients.
The Government also assigned the Ministry of Health to design and put forward a new strategy for COVID-19 prevention and control in favor of health protection and sustainable economic growth.
In a bid to boost domestic tourism, the Government tasked the Ministry of Culture, Sports and Tourism to coordinate with the Ministry of Foreign Affairs and relevant ministries and agencies to conduct necessary preparations for resumption of inbound tourism and propose the time and principles to gradually ease entry restrictions and to resume some of international air routes.
As of 6:10 pm on Saturday, the National Steering Committee for COVID-19 Prevention and Control confirmed 318 infection cases, including 260 recovered ones.
The nation has gone 30 days without new community infection case of COVID-19, the national steering committee said.
Source: VGP
Related News
GREEN ECONOMY, DIGITAL ECONOMY BREAKTHROUGH OF VIETNAM-CHINA TIES: PM
Addressing a Hanoi seminar with 19 Chinese groups operating in green economy and digital economy, the leader said the meeting, the first of its kind, aims to materialise high-level perceptions reached by Party General Secretary Nguyen Phu Trong and Party General Secretary and President of China Xi Jinping, who agreed to build the Vietnam-China community with a shared future.
CONSUMER CONFIDENCE IN ECONOMIC RECOVERY REACHES FIVE-QUARTER HIGH
Vietnam's GDP expanded by a healthy 5.66 per cent in the first quarter of 2024, marking the strongest first-quarter growth since 2020. While slower than the previous quarter's 6.7 per cent growth, this momentum indicates the country is on track to achieve its 2024 economic targets.
THE VIET NAM IMPORT-EXPORT REPORT TO BE RELEASED THURSDAY
In particular, it includes an itemised import and export report, in specific markets and also includes an overview of all State management activities and policy mechanisms related to the import, export market along with details of all the legal documents issued in the year.
TAX AND FEE SUPPORT HINGES ON MPI PROPOSAL APPROVAL
“Business and production activities of enterprises remain in big difficulties. Domestic purchasing power has reduced and people are tightening their belts,” the MPI stated. “Demands in the domestic market are still standing at a low level, while manufacturing and processing enterprises have low competition. These are among the biggest difficulties.”
VIETNAM’S TEXTILE SECTOR BRINGS IN $37 BILLION IN FDI
The foreign-invested enterprises play an important role in the textile and garment sector, contributing 65 per cent to the sector’s total export turnover. Major investors mainly come from South Korea, Taiwan, Hong Kong, and China. Among them, South Korea is the largest foreign investor in Vietnam’s textile and garment sector.
FDI FLOWS STRONGLY INTO MANUFACTURING, REAL ESTATE
According to the General Statistics Office (GSO), the total FDI disbursed in Vietnam in the first four months of this year reached an estimated 6.28 billion USD, up 7.4 per cent year on year, the highest four-month amount in the past five years.