Vietnam implements economic recovery policies during, after COVID-19 pandemic

5/15/2020 - 11:28:14 AM

The Vietnamese Government has, and is implementing concerted policies and measures for economic recovery during and after the COVID-19 pandemic, according to Foreign Ministry spokeswoman Le Thi Thu Hang.

Vietnam is implementing a range of measures to boost economic recovery.

At the Foreign Ministry’s regular press conference on May 14, the spokesperson said Vietnam has basically controlled and driven back the COVID-19 epidemic thanks to drastic and effective prevention measures, which laid an important foundation to consolidate the trust of the business community and domestic and foreign investors.

Besides epidemic control work, the Government has consistently pursued the policy of promoting socio-economic development in order to strengthen the economy’s foundation and its resilience, Hang said.

She elaborated that under this policy, the Government has worked to ensure supply chains and the trade of goods and services in the country as well as with other countries, while pushing ahead with effort to improve the business and investment environment, cut procedures and costs for enterprises, develop infrastructure and logistics, and actively implement free trade agreements with partners.

The Government has also provided support to enterprises and investors in tackling difficulties caused by the COVID-19 epidemic so as to continue implementing their investment projects in Vietnam, including allowing experts and skilled workers to enter Vietnam while ensuring epidemic prevention, the spokeswoman said.

Kim Boi district maintains stable, sustainable economic development in forestry

Anyone found to be encroaching upon the forest, even if it is just one bamboo shoot, will face penalties. This commitment has been unanimously added into the covenant of Bua Cau hamlet, Hung Son commune in Kim Boi district, to protect the forest.

Hoa Binh Power Corporation gears up for hot season

The Hoa Binh Power Corporation (PC Hoa Binh) has applied synchronous measures to gear up for the coming summer season when power consumption demand surge may cause a risk of power supply disruption.

Starting business from hometown specialty

Appreciating the abundant potential and strengths of his hometown for tourism development, Ha Cong Hung, Deputy Secretary of the youth union of Mai Chau district’s Mai Hich commune, embarked on producing smoked meat with a desire to introduce his homeland's specialty to domestic and international tourists.

Huge potential to boost chilli export to RoK

Hoa Binh farmers are investing big in their chilli pepper cultivation areas after the first batch of 7.5 tonnes of pickled chilli peppers was shipped to the Republic of Korea (RoK) by Tien Ngan Trade and Investment Co., Ltd last month.

Hoa Binh improves effectiveness of collective economy

Recognising the role and importance of developing the collective economy, the northern province of Hoa Binh has promptly issued support policies to propel the development of the economy, making important contributions to local socio-economic development.

PM attends groundbreaking ceremony for electronic PCB factory in Hoa Binh

Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.