Want to be in the loop?
subscribe to
our notification
Business News
STEERING COMMITTEE: VN STILL CLOSES BORDERS TO FOREIGN TOURISTS DUE TO COVID-19
The National Steering Committee on COVID-19 Prevention and Control agreed Thursday that Viet Nam should continue closing borders to foreign tourists at this time, as external COVID-19 transmission risks still remain.
The committee also agreed that inbound tourism would only be resumed once the safety conditions are met and Viet Nam may only consider to open door to tourists from countries where the pandemic is put under control.
Viet Nam basically contained the pandemic with the relative low number of COVID-19 patients and has gone 42 consecutive days without new community infection case, allowing the country to ease preventive measures to reboot the economy.
Trinh Thi Thuy, Deputy Minister of Culture, Sports and Tourism said the ministry has restarted domestic tourism through introduction of a range of promotion programs offering discounts and new products, resulting in positive signals, including high hotel occupancy of even 100%.
In a bid to recover the economy, Prime Minister Nguyen Xuan Phuc presided over a meeting with businesses on May 9, during which he called on the business circle to take strong actions towards the V-shaped growth of the national economy through the rest of this year.
Along with measures that have been put in place to recover the economy, the Government is still working to lock all external transmission risks and has only allowed foreign investors, experts, skilled workers, business managers, officials, and Vietnamese students learning abroad to enter the nation.
As the pandemic is evolving complicatedly, all entrants to Viet Nam must continue to comply with the current preventive regulations, said representatives from the ministries of health, national defense and public security.
Source: VGP
Related News
VIETNAM TO STRENGTHEN CARBON CREDIT MANAGEMENT
Prime Minister Pham Minh Chinh has urged ministries to work with relevant agencies to reach deals with international partners to develop a carbon credit market, reduce greenhouse gas (GHG) emissions, allocate emission quotas, and create green financial resources for Vietnam.
BUSINESS CONCERNS APPARENT ON LAND LAW
At a meeting in mid-April, Deputy Prime Minister Tran Hong Ha asked the Ministry of Natural Resources and Environment to continue clarifying issues with different opinions on the scope, subjects, and implementation policies of the law, while speeding up the online processing of administrative procedures related to land.
MPI TO AMEND DECREE 35 ON THE IMPLEMENTATION OF PPP REGULATIONS
Deputy Prime Minister Tran Hong Ha has permitted the Ministry of Planning and Investment (MPI) to draft amendments and supplements to Decree No.35/2021/ND-CP, which provide guidance for the implementation of the Law on Public-Private Partnership Investment.
BA RIA-VUNG TAU PROVINCE RANKS FIRST IN FOREIGN INVESTMENT CAPITAL
Statistics published by the Foreign Investment Agency under the Ministry of Planning and Investment showed that between January and April, Ba Ria-Vung Tau lured $1.52 billion in overseas funding, equalling 16.4 per cent of the total foreign investment in the whole country.
INFOGRAPHIC SOCIAL-ECONOMIC SITUATION IN THE APRIL AND FOUR MONTHS OF 2024
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.
TEXTILE AND GARMENT BUSINESSES FACE DIFFICULTIES DUE TO LACK OF DOMESTIC SUPPLY
Infrastructure for weaving, dyeing and fabric production is still limited, and there is no spatial planning for development and centralised wastewater treatment, said Nguyễn Thị Tuyết Mai, Deputy General Secretary of the Việt Nam Textile and Apparel Association (Vitas).