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

National Assembly Chairman urges renovation in leadership, working style

National Assembly Chairman urges renovation in leadership, working style

The NA's Committee for Cultural and Social Affairs has moved fast to reshuffle its organisation after the 14th National Party Congress and the election of deputies to the 16th NA, updating its work agenda to match new directives set out in the resolutions of the 14th National Party Congress and the first Congress of the NA Party Organisation for the 2025–2030 term.

Vietnam treasures ties with Croatia: PM

Vietnam treasures ties with Croatia: PM

Vietnam and Croatia should strive to double bilateral trade turnover from the current level of 161 million USD; study the establishment of a Joint Committee on Economic Cooperation to create a long-term, stable, and effective framework for collaboration, said Prime Minister Le Minh Hung.

President Ho Chi Minh's enduring legacy highlighted at Venezuela commemoration

President Ho Chi Minh's enduring legacy highlighted at Venezuela commemoration

Vice President of the United Socialist Party of Venezuela (PSUV) Jesús Faria expressed deep admiration for President Ho Chi Minh and Vietnam’s indomitable struggle for national independence. He described President Ho Chi Minh as an immortal symbol of 20th-century national liberation movements, whose legacy continues to inspire leftist parties, progressive movements, and peoples across Latin America, including Venezuela.

Vietnam proposes key cooperation orientations at BRICS Foreign Ministers' Meeting

Vietnam proposes key cooperation orientations at BRICS Foreign Ministers' Meeting

Deputy Foreign Minister Nguyen Minh Hang shared Vietnam’s approach to building an independent and self-reliant economy linked to deep international integration, while proposing several key areas for enhanced cooperation between BRICS and partner countries at the Expanded BRICS Foreign Ministers' Meeting that opened on May 14 in India.

Vietnam asks parties to respect its sovereignty over Truong Sa

Vietnam asks parties to respect its sovereignty over Truong Sa

PSNews - The spokesperson stated that the dispatch of personnel by relevant parties to features belonging to Truong Sa without Vietnam’s permission constitutes a violation of Vietnam’s sovereignty under international law. She stressed that such actions run counter to the Declaration on the Conduct of Parties in the East Sea (DOC) as well as ongoing efforts by countries to negotiate a Code of Conduct in the East Sea (COC).

Hanoi to host ASEAN Future Forum 2026 in mid-June

Hanoi to host ASEAN Future Forum 2026 in mid-June

PSNews - Vietnam’s proposals placed the highest priority on ensuring a peaceful and stable environment conducive for continued sustainable development and improving the well-being and happiness of the ASEAN people. They were praised by member states and incorporated into the core contents of the ASEAN Leaders’ Statement on the response to the Middle East crisis.

Vietnam promotes cooperation with United Nations on crime prevention

Vietnam promotes cooperation with United Nations on crime prevention

Vietnam highly values the support of the United Nations Office on Drugs and Crime (UNODC) in strengthening national capacity in crime prevention and criminal justice, drug control, and addressing emerging challenges, particularly cybercrime, said Ambassador Vu Le Thai Hoang.

Party, State leader calls for consolidation of central steering committees on legal, judicial reform

Party, State leader calls for consolidation of central steering committees on legal, judicial reform

Consolidating the central steering committees for institutional and legal reform and for judicial reform is necessary in order to streamline organisational structures without reducing responsibilities, while ensuring clear accountability, measurable outputs and concrete results. Following the restructuring, the body will be renamed the central steering committee for institutional improvement and law enforcement, with the Party General Secretary and State President serving as its head.

Vietnam strives for substantive outcome at NPT review conference

Vietnam strives for substantive outcome at NPT review conference

At the meeting this week, Ambassador Viet briefed the UNGA President on developments during the first two weeks of the conference. He stressed that the current international geopolitical landscape poses numerous complex challenges, while reaffirming Vietnam’s determination, together with other member states, to promote substantive and balanced outcomes at the conference.

Top leader of Vietnam receives Vientiane official in Hanoi

Top leader of Vietnam receives Vientiane official in Hanoi

The host leader stressed that cooperation between localities, particularly between the capitals of Hanoi and Vientiane, plays an especially important role as a pioneering force in effectively implementing the foreign polices of the two Parties and States, while also serving as a bridge between politics and development, as well as between strategy and concrete action.