Want to be in the loop?
subscribe to
our notification
Business News
“VACCINE PASSPORT” MECHANISM NEEDED TO PROMOTE TRADE, INVESTMENT: PM
Prime Minister Nguyen Xuan Phuc ordered the health, tourism and diplomacy sectors to soon study and issue a "vaccine passport" mechanism in order to promote trade and investment while addressing the Government’s regular meeting on March 31.
The Government leader demanded the health sector to submit a plan on the matter as soon as possible.
Assessing the implementation of the socio-economic development plan in the first three months of the year, the PM said the country witnessed better outcomes in both production and business with many economic indicators continuing to grow in the context that the COVID-19 pandemic has been kept under control.
Accordingly, the nation’s GDP expanded 4.8% in the first quarter, while the State budget revenue increased by over 30.1%. The country enjoyed a trade surplus of over US$2 billion.
The country has well fulfilled the dual goals of containing the COVID-19 pandemic and boosting production and business, he said, attributing the positive results to the engagement of the entire political system and especially the leadership of the Party.
The PM also noted that Vietnam's diplomatic achievements were confirmed and the country's international prestige enhanced.
He asked for more efforts in preventing the COVID-19, promoting bilateral trade and investment, while stressed the need to build plans of actions to implement the resolution of the 13th National Party Congress.
The Prime Minister instructed the Defence Ministry to continue to tighten border management to effectively combat illegal entry in order to prevent COVID-19 abroad from entering Vietnam.
He asked the finance ministry to strengthen budget discipline and cut budget spending, while the banking sector was required to do better in curbing inflation and minimize bad debt.
The Ministry of Industry and Trade should pay more attention to promote the sales of agricultural products for farmers, and the Ministry of Agriculture and Rural Development was tasked with directing the prevention of drought and salinity, he said.
PM Phuc told the Ministry of Transport to continue promoting key projects, especially ensuring that the Trung Luong - My Thuan expressway project is completed in June as scheduled.
Source: VCCI
Related News
KING’S SPOTLIGHT: EXPERIENCE A KING’S CLASSROOM IN HO CHI MINH CITY
For the first time in Ho Chi Minh City, pupils can experience authentic lessons delivered by teachers from King’s College School, Wimbledon - the world’s top 5 school. Through engaging sessions in Logical Math and Language & Communication, pupils will discover how King’s nurtures curiosity, confidence, critical thinking and communication skills.
VIETNAM AIMS FOR 10 STRATEGIC TECH FIRMS WORTH $1 BILLION BY 2030
The plan, unveiled on June 17, seeks to drive the development of digital infrastructure, workers, data, strategic technologies, and cybersecurity during the 2026-2030 period. Under the scheme, large-scale strategic technology companies must meet several criteria simultaneously, including annual revenue of at least $1 billion and an average workforce of no fewer than 5,000 employees.
CAN THO EYES TRANSFORMATION INTO A MODERN INTERNATIONAL LOGISTICS HUB
With its extensively expanded economic space, Can Tho now possesses a range of strategic advantages, including an extensive road transport network with both north-south and east-west expressways; an inland waterway transport system; an international airport; a network of ports along the Hau River; a large concentration of industrial parks and agricultural and seafood processing facilities; and connectivity to the Mekong development corridor.
HCMC APPROVES MAJOR PROJECTS WORTH VND155 TRILLION
The HCMC People’s Council has approved a series of major transport and urban redevelopment projects under public-private partnership (PPP), with preliminary investment estimated at nearly VND155 trillion. Resolutions passed at the closing session of the council’s third meeting for the 2021-2026 term on June 19 included two flagship transport projects.
CHINESE INVESTORS SEEK INVESTMENT OPPORTUNITIES IN BAC NINH
Many Chinese investors are accelerating their plans to expand investment and increase their presence in Bac Ninh by proposing new projects in key sectors such as high technology, electronics, AI, and digital infrastructure. Several large enterprises are also encouraging long-term investment plans in the locality. In late May, a delegation of Chinese enterprises met the province’s leadership to discuss policies related to energy storage, AI computing infrastructure, power supply capacity and industrial park resources.
VIETNAM ON TRACK TO TOP $1 TRILLION IN TRADE FOR FIRST TIME
With total import-export turnover reaching approximately $445 billion in the first five months of 2026, Vietnam is on track to surpass the $1 trillion trade milestone for the first time. Speaking at the seminar on export trends on June 17, Nguyen Tuan Viet, CEO of VIETGO, a company specialising in export consultancy and international trade matching, said exports continue to be one of the brightest spots of the economy and are making an important contribution to the government’s double-digit growth target.
























