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The speed of economic recovery would largely depend on the scale of the vaccination program, although testing remains a key solution to prevent the spread of the pandemic. The serious Covid-19 situation, slow progress in the vaccination program, and strict requirements on movements are among issues that downgraded Vietnam’s rank among the world’s fastest-growing economies. Chairman of the National Assembly Vuong Dinh Hue at the meeting. Source: quochoi.vn World Bank’s lead economist Jacques Morisset stressed the view in a social-economic consultation conference held today [September 27] under the chair of the Chairman of the National Assembly Vuong Dinh Hue. In this regard, Morisset called for more efficient management of movement limitations by simplifying procedures and a smooth data-sharing mechanism between agencies. To stabilize the macro-economic condition, the World Bank expert suggested the Government keep a balance between monetary and fiscal … [Read more...] about Solutions for Vietnam to claim spot among world’s top economic prospects

The event gathered heads of N.A. agencies, ministries, and ministry-level agencies; representatives of some international organisations in Vietnam such as the U.N. Development Program (UNDP), the World Bank, the Asian Development Bank (ADB), the International Monetary Fund (IMF), and the International Labour Organization (ILO); along with economic experts and enterprises. N.A. Vice Chairman Hai said opinions raised at the consultation are a precious source of information for the law-making body to make decisions on important socio-economic issues. The forum is also a place for experts, scientists, and officials to express their in-depth, independent, and constructive viewpoints to boost quality and sustainable socio-economic development. He stressed that Vietnam has taken a number of measures to curb the COVID-19 pandemic, but the prolonged social distancing in many localities, including provinces and cities in key economic regions, industrial parks, and export processing zones, … [Read more...] about N.A., Gov’t officials consult with experts on socio-economic affairs

Chairman Vuong Dinh Hue (centre) chairs the meeting with experts in Hanoi on September 27. (Photo: VNA) Hanoi (VNA) – A consultation with experts on socio-economic affairs took place in Hanoi on September 27 under the chair of National Assembly (NA) Chairman Vuong Dinh Hue and Vice Chairman Nguyen Duc Hai. The event gathered heads of NA agencies, ministries, and ministry-level agencies; representatives of some international organisations in Vietnam such as the UN Development Programme (UNDP), the World Bank, the Asian Development Bank (ADB), the International Monetary Fund (IMF), and the International Labour Organisation (ILO); along with economic experts and enterprises. NA Vice Chairman Hai said opinions raised at the consultation are a precious source of information for the law-making body to make decisions on important socio-economic issues. The forum is also a place for experts, scientists, and officials to express their in-depth, independent, and constructive … [Read more...] about NA, Gov’t officials consult with experts on socio-economic affairs

Vietnam Airlines completes longest flight for transporting vaccines A flight of Vietnam Airlines transporting COVID-19 Abdala vaccine from Cuba to Vietnam safely landed at the Noi Bai International Airport on September 26. With a total length of more than 17,000 km, and 20.5 hours of flying, this is the longest flight so far that Vietnam Airlines has operated to transport vaccines. The vaccines on the flight, which used wide-body aircraft Boeing 787-9, were kept in specialized equipment, and handed over to the authorized agency immediately after landing. Cuba's Abdala vaccine is considered one of the world's most effective COVID-19 vaccines. Previously, the Ministry of Health had conditionally approved this vaccine for emergency use in preventing and controlling the COVID-19 pandemic in the country. As a national flag carrier, Vietnam Airlines plays a key role in transporting COVID-19 vaccines. Since early 2021, with its fleet and extensive network of routes, … [Read more...] about VIETNAM NEWS HEADLINES SEPTEMBER 27