Pandemic control, economic recovery must be achieved, says PM

A greater effort should be made to meet the Government’s ongoing dual goal of pandemic control and economic recovery amid complicated developments of the COVID-19 outbreak, said Prime Minister Pham Minh Chinh.

Though the national economy is showing signs of recovery, PM Pham Minh Chinh says challenges are lying ahead as the COVID-19 outbreak remains complicated.

Though the national economy is showing signs of recovery, PM Pham Minh Chinh says challenges are lying ahead as the COVID-19 outbreak remains complicated.

Addressing a monthly regular Cabinet meeting for October on November 6, Chinh noted that the shifting of the COVID-19 fight from the ‘Zero strategy’ to ‘safe and flexible adaptation and effective control of COVID-19’ is bringing about initial encouraging results despite several problems that need to be addressed step by step.

An important thing is that the national economy is showing signs of recovery after suffering a contraction in September, said the PM, referring to statistics from the Ministry of Planning and Investment (MPI).

The MPI reported that the number of businesses resuming production increased 29.8% compare to the previous month. About 75% of workers returned to big cities and industrial zones, helping to address labour shortages for businesses. Notably, October saw Vietnam enjoy a trade surplus after months of slipping into deficit.

In addition, an increase in foreign direct investment shows foreign investors are placing their trust on Vietnam’s economic recovery.

Though the economy is gradually recovering, there is no room for complacency as the COVID-19 outbreak remains evolving in a complicated manner, said the PM.

According to the Government leader, challenges are lying ahead as inflationary pressure is building up, businesses are still encountering difficulties, and economic restructuring is slow going.

He therefore asked ministries and localities to create the best conditions for businesses to operate and combat COVID-19 at the same time. He requested localities to speed up vaccinations, especially in south-western localities where daily infections are surging, to ensure all local residents, including employees at industrial zones, receive their first vaccine shot in November.

The PM also asked ministries and localities to speed up public investment disbursement and make full use of bilateral and multilateral free trade agreements Vietnam has signed with partners.

He also asked for solutions to stimulate domestic consumption and rein in inflation in the remaining two months of the year and early next year.

VOV

Other News

Party General Secretary and President meets Vietnamese community in New Zealand

Party General Secretary and President meets Vietnamese community in New Zealand

General Secretary of the Communist Party of Vietnam (CPV) Central Committee and President To Lam described overseas Vietnamese as “ambassadors” who help promote Vietnam's positive image internationally, and urged them to maintain solidarity, preserve national pride and cultural traditions, and make practical contributions to the country's development.

Vietnamese Party leader attends funeral service for top Lao legislator

Vietnamese Party leader attends funeral service for top Lao legislator

The Party leader stressed that the passing of NA President Xaysomphone is a great loss to the Lao Party, State and people, while Vietnam has also lost a great friend and a close, loyal comrade who had always held deep affection for the country, offered valuable support, and worked tirelessly to nurture and consolidate the Vietnam-Laos great friendship, special solidarity, comprehensive cooperation and strategic cohesion.

Singapore remains one of Vietnam's leading important partners: PM

Singapore remains one of Vietnam's leading important partners: PM

Highlighting positive outcomes in Vietnam-Singapore cooperation across all areas, particularly since bilateral ties were elevated to a Comprehensive Strategic Partnership in March 2025, Prime Minister Le Minh Hung proposed that the two sides maintain and step up high-level visits and exchanges at all levels.

Vietnam, Australia hold 8th Foreign Ministers' Meeting

Vietnam, Australia hold 8th Foreign Ministers' Meeting

Australia attaches great importance to its Comprehensive Strategic Partnership with Vietnam and highly values the substantive progress in bilateral relations, said Australian Minister for Foreign Affairs Penny Wong.

Quang Ninh, Bac Ninh urged to embrace modern urban governance

Quang Ninh, Bac Ninh urged to embrace modern urban governance

According to Government proposals submitted to the legislature, Quang Ninh and Bac Ninh cities will be formed based on the respective natural areas, populations and numbers of commune-level administrative units of the two provinces. Both proposals meet all five conditions stipulated in the Law on Organisation of Local Administration No. 72/2025/QH15 and all seven criteria for establishing centrally-run cities under Resolution No. 112/2025/UBTVQH15.

Laos holds State funeral for National Assembly President

Laos holds State funeral for National Assembly President

Xaysomphone Phomvihane was a capable revolutionary intellectual with broad knowledge and a strategic vision. Throughout his career, he remained committed to the Party's ideals and objectives, and demonstrated responsibility, flexibility and discipline in carrying out his assigned tasks.

Prime Minister receives outgoing Israeli Ambassador

Prime Minister receives outgoing Israeli Ambassador

Prime Minister Le Minh Hung asked the Israeli Government to continue creating favourable conditions for Vietnamese people living, studying and working in Israel at a meeting with outgoing Israeli Ambassador to Vietnam Yaron Mayer in Hanoi on August 12.

Party General Secretary and President To Lam, Australian Prime Minister meet the press

Party General Secretary and President To Lam, Australian Prime Minister meet the press

Vietnam and Australia will step up cooperation in artificial intelligence (AI), semiconductors, digital technology, cybersecurity, green technology and emerging technologies, while supporting each other in enhancing capacity to participate more deeply in regional and global supply chains. The two sides will also strengthen cooperation in education and training and people-to-people exchanges.

Top Vietnamese leader holds talks with Australian PM

Top Vietnamese leader holds talks with Australian PM

PM Albanese welcomed General Secretary and President Lam and the high-ranking Vietnamese delegation on their state visit to Australia, stressing its signficance amid the rapidly growing ties, particularly since the two countries elevated their ties to a Comprehensive Strategic Partnership in March 2024.

Top leader meets with Australian Senate President, House Speaker

Top leader meets with Australian Senate President, House Speaker

Welcoming General Secretary and President Lam and the Vietnamese high-ranking delegation, the Australian parliamentary leaders spoke highly of Vietnam’s development achievements and expressed their admiration for the dynamism and creativity of the country and its people, particularly young Vietnamese. They said this energy and determination reflected Vietnam’s strong resolve and aspiration to build a prosperous and powerful nation.

Vietnamese top legislator pays tribute to Lao NA President

Vietnamese top legislator pays tribute to Lao NA President

Writing in the book of condolences, the Vietnamese leader expressed his profound sorrow over the passing of Comrade Xaysomphone Phomvihane, describing it as a great loss to the Lao Party, State, NA and people, as well as to Vietnam, which had lost a great friend and loyal comrade who made important contributions to strengthening and developing the great friendship, special solidarity, comprehensive cooperation and strategic cohesion between the two countries.