GOV’T TO SUSPEND GRANT OF NEW WORK PERMITS TO FOREIGNERS FROM CORONAVIRUS-HIT AREAS

Prime Minister Nguyen Xuan Phuc requested the Ministry of Labor, Invalids and Social Affairs to temporarily suspend grant of new work permits to foreigners who come from novel coronavirus hit areas.

The Government chief made the request at the Cabinet meeting on Tuesday, during which the Cabinet reviewed socio-economic performance and discussed measures to mitigate negative impacts of the COVID-19 epidemic.

Earlier, the Government decided to temporarily halt unilateral visa exemption program for citizens from South Korea and Italy due to rising infections in the two nations.

As the epidemic has generated negative impacts on several sectors, particularly tourism and air transport, Phuc asked for thorough evalation of the epidemic situation to design specific and prompt responses conducive to production and business activities.

Though the Government has yet taken into account of a stimulus package, marco stability still remains the top task, PM Phuc stressed.

He urged the Ministry of Planning and Investment, Ministry of Finance, Ministry of Industry and Trade and the State Bank of Viet Nam to be ready for all scenarios of the epidemic but electricity prices are not allowed to be increased.

The Ministry of Finance was tasked to quickly submit a proposal on tax exemption and reduction to the Government for consideration and approval.

Source:: VGP

Related News

VIETNAM ECONOMY INVESTMENT

VIETNAM’S AGRO-FORESTRY-FISHERY EXPORTS JUMP NEARLY 30% IN JANUARY

Vietnam’s exports of agricultural, forestry and fishery products surged nearly 30% year-on-year in January 2026, driven by strong growth across major commodity groups and key export markets, according to the Ministry of Agriculture and Environment. Export turnover for the sector in January is estimated at nearly US$6.51 billion, up 29.5% from the same period last year, the ministry said at a regular press briefing on February 5.

Feb 09, 2026

VIETNAM MONTHLY STATISTICAL DATA

INFOGRAPHIC SOCIAL-ECONOMIC PERFORMANCE IN JANUARY OF 2026

The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.

Feb 09, 2026

MEMBER CORNER / PROMOTIONS

PHUC VUONG DISTRIBUTES "TET REUNION" GIFTS: SENDING LOVE TO THE CONSTRUCTION SITES

On the afternoon of February 6th, amid the busy year-end atmosphere, Phuc Vuong Company organized the "Tet Reunion – Spring Connection" gift-giving event right at the construction site. This annual activity aims to honor the "dream builders" who have dedicated themselves to the company's growth. The General Director was present to personally express his sincere gratitude and hand over meaningful Tet gifts to the workers.

Feb 09, 2026

HOSPITALITY / TOURISM / ENTERTAINMENT

INTERNATIONAL ARRIVALS TO VIETNAM REACH NEW MONTHLY HIGH

International arrivals to Vietnam hit a new monthly record in January 2026, rising 21.4% from the previous month and 18.5% year-on-year, according to the National Statistics Office. Air travel continued to dominate, accounting for nearly 80% of all arrivals. Arrivals by land nearly doubled compared with the same period last year, while sea arrivals rose by about 30%, though they remained a small share.

Feb 09, 2026

PROPERTY / INDUSTRIAL ZONE

HCMC APPROVES 28 MORE LAND PLOTS FOR HOUSING DEVELOPMENTS

HCMC has approved 28 out of 30 proposed land plots for pilot housing developments, covering a combined area of more than 750,600 square meters, according to a newly adopted resolution. The approved sites are spread across multiple wards and communes, with a strong concentration in the city’s southern and eastern areas.

Feb 09, 2026

VIETNAM ECONOMY INVESTMENT

VIETNAM SEES STEADY FDI DISBURSEMENT BUT SLOWER EXPANSION IN JANUARY

Foreign direct investment (FDI) disbursement in Vietnam rose in January, while newly registered capital fell sharply, pointing to stable project implementation but slower investment expansion. Data from the Ministry of Finance showed that January FDI disbursement increased 11.26% year-on-year to US$1.68 billion, reflecting continued execution and expansion of existing foreign-invested projects.

Feb 09, 2026