Want to be in the loop?
subscribe to
our notification
Business News
SPECIAL SUMMITS AIM TO SUSTAIN ASEAN’S COOPERATION PACE WITH PARTNERS AMID COVID-19 PANDEMIC
The Special ASEAN Summit and Special ASEAN+3 Summit have been organized to showcase the spirit of an “Cohesive and Responsive ASEAN” and sustain the pace of cooperation between ASEAN with external partners amid the COVID-19 pandemic and its global repercussions.
Prime Minister Nguyen Xuan Phuc made the above statement on Tuesday right after the conclusion of the two summits initiated by Viet Nam.
The Government chief said the active support and participation of ASEAN member states and China, Japan and the ROK have contributed to the success of the meetings.
The Summits highlighted a common understanding on the importance of solidarity, mutual support and cooperation to triumph over COVID-19, the hazardous invisible enemy that no single country, regardless of its wealth or power, can alone tackle, according to PM Phuc.
“We also shared the view that no one should be complacent at this time of the fight against the virus,” said Phuc adding that the leaders agreed on the people-centered approach that engages all people.
On that basis, various initiatives for cooperation against COVID-19 were put forward, including the establishment of an ASEAN Cooperation Fund and a Regional Medical Supplies Reserve, Phuc said.
Viet Nam has taken note of the experience and best practices from other countries, and shared with the member countries its own experiences on decisive leadership and our commitment to “fighting the pandemic as if fighting an enemy”, making sure that no one is left behind and everyone is engaged in the combat.
At the Summits, Viet Nam also offered collaboration and assistance to other ASEAN and APT countries via sharing relevant apps, and supplying test kits, PPEs, including coveralls, gloves and masks that are produced with proper standards.
While the global economy is facing uncertainties, the leaders, with the spirit of cautious optimism and confidence in the victory against COVID-19, discussed a Master Plan for post- COVID-19 recovery, in order to restore the confidence of the public and businesses.
The leaders also shared the common goal of defeating COVID-19 by working in close coordination.
Source: VGP
Related News
VIETNAM’S CREDIT TOPS VND19.18 QUADRILLION, FLOWS INTO PRODUCTION SECTORS
Total outstanding loans in Vietnam’s banking system had reached over VND19.18 quadrillion in the year to March 31, up 3.18% against the end of 2025, with lending largely directed toward production and priority sectors, according to the State Bank of Vietnam. Data released at the central bank’s first-quarter press briefing on April 14 showed that several Government-backed lending programs have recorded notable disbursement progress. A credit package for the forestry and fisheries sectors has been expanded sharply, from VND15 trillion to VND185 trillion.
VNAT EYES 25 MILLION FOREIGN VISITORS IN 2026
In the first quarter of the year, international arrivals amounted to 6.7 million, up 12.4% from a year earlier and the highest level on record. Domestic travel reached an estimated 37 million trips, with total tourism revenue at around VND267 trillion. Global developments pose risks. Geopolitical tensions in the Middle East have driven up fuel prices, increasing transport and tourism service costs.
HCMC SET TO START WORK ON SEVEN MAJOR INFRASTRUCTURE PROJECTS
Ho Chi Minh City plans to simultaneously break ground on seven major infrastructure projects worth a combined VND380 trillion on the occasion of Vietnam’s Reunification Day (April 30). The projects are highly expected to unlock public investment and fuel economic growth. To prepare for the simultaneous launch, relevant departments and authorities have worked to streamline administrative procedures while maintaining legal compliance, with the goal of meeting conditions for groundbreaking on the occasion of the national holiday.
VIETNAM GETS US$2.64 BILLION FROM SEAFOOD EXPORTS IN Q1
Vietnam’s seafood sector booked around US$927 million in export revenue in March, bringing the total in the first quarter of this year to US$2.64 billion, showed data from the Vietnam Association of Seafood Exporters and Producers (VASEP). China was the primary export market in Q1. Other markets such as the U.S., Japan and South Korea imported less due to weakened consumer spending and stringent technical barriers.
VIETNAM TAPS AI TO CONNECT MILLIONS OF WORKERS WITH EMPLOYERS
Vietnam’s Ministry of Home Affairs on April 14 launched a national job exchange at vieclam.gov.vn, a key digital platform designed to directly connect more than 53.6 million workers with nearly one million businesses. The platform goes beyond a conventional job portal, positioning itself as a nationwide data-integrated ecosystem. Its technological highlight is the use of artificial intelligence (AI) to automatically analyze and match job vacancies with workers’ skills and experience.
VIETNAM RAISES OVER VND80 TRILLION THROUGH G-BONDS IN Q1
The Vietnam State Treasury mobilized VND80.1 trillion through Government bond issues in the first quarter of 2026, fulfilling 73% of the quarterly plan and 16% of the annual target. This capital mobilization, unveiled by the Hanoi Stock Exchange (HNX), underscores a strong start for the domestic sovereign debt market.
























