At an online government conference with city and provincial administrations from across the country on Jan. 5, Deputy Prime Minister Le Minh Khai said it is necessary to take advantage of every opportunity to speed up economic recovery.

A woman shops at a supermarket in District 3, Ho Chi Minh City, July 11, 2021.

He said the government has identified certain tasks for the year: helping businesses recover, giving a push to exports, ensuring funds designated for public spending are actually disbursed, and mobilizing resources to develop infrastructure, especially strategic infrastructure.

It has also prioritized restoring and stabilizing the labor market, creating jobs, and improving incomes and people’s lives, he said.

The country would strive for green growth and rapid development of modern infrastructure, he added.

For the purpose, key infrastructure works for intra- and inter-regional connectivity would be speeded up, including north-south expressways and the Long Thanh International Airport in Dong Nai Province, he said. "We will strive to disburse 100 percent of public spending."

GDP growth dropped for the second year in a row to 2.58 percent. But the National Assembly expects growth to rebound in 2022 and has set a target of 6-6.5 percent for the year.

Vietnam persists with pandemic countermeasures, maintains macro-economy

Prime Minister Pham Minh Chinh on October 13 chaired a webinar discussing measures to boost post-pandemic economic recovery, flexibly adapt to the Covid-19 pandemic, overcome economic disruption and strengthen locality-to-locality connectivity.

Bac Giang develops craft villages as driving force for local economy

(BGO) – For recent years, Bac Giang province has many supporting policies for the development of rural craft villages to create jobs, increase income and switch labour structure according to new rural style building criteria, which significantly contribute to the provincial economic, cultural and social development.  

Foreign investors maintain confidence in Vietnam’s economy

Vietnam attracted US$ 14 billion in foreign direct investment (FDI) in the first eight months of this year, only 2% lower than the same period last year, showing foreign investors’ confidence in Vietnam’s economic scenario in mid-and long terms.

Firms want HCMC to reopen economy soon

Businesses want HCMC to reopen its economy soon to ensure their survival after over three months of social distancing amid prolonged Covid-19 outbreaks.

How Vietnam’s economy has changed over five years

Vietnam recorded an average GDP growth of 6 percent a year in the last five years, among the highest in the world.

Source: VnExpress