Malaysia’s trade turnover witnessed a record high in June, hitting 270.39 billion RM (over 60.6 billion USD), up 43.4% year-on-year, which is a clear sign of strong and flexible development of the country’s economic foundations.
The Government's decision to re-open schools cautiously and tourism activities in a controlled manner has been made based on thorough consideration and sufficient grounds following the shift in the anti-pandemic strategy towards safe and flexible adaptation to and effective control of COVID-19.
Hanoi authorities continue to implement measures to help its people safely and flexibly adapt to and effectively control the COVID-19 pandemic, and follow the policy of decentralisation by assigning the right to carry out pandemic prevention and control for districts and towns, as the number of new infections in the capital city is on an upward trend.
The People’s Committee of Hanoi has outlined three COVID-19 prevention and control plans to ensure the successful organisation of the opening and closing ceremonies of the 31st Southeast Asian Games (SEA Games 31) in the capital city in May.
Although it is put under control, the fourth wave of the COVID-19 pandemic has hit all aspects of the social life, seriously affecting businesses and people. The labour market is facing a risk of crisis when unemployment and underemployment rates rise sharply and workers' incomes fall significantly.
The educational sector of Ninh Binh is rolling out flexible measures in COVID-19 prevention and control to ensure safety for students, as the northern province’s caseload has been on the rise after the Tet (Lunar New Year) holiday.
Most bus services in Hanoi are permitted to operate at full capacity from February 8, following an over-three-month hiatus caused by the COVID-19 pandemic.
The flexibly adaptable economy, which will recover in 2022, is forecast to make the Vietnamese labour market thrive, towards achieving the goals regarding labour, employment and social security.
As the COVID-19 pandemic is predicted to linger and affect the State budget revenue as well as spending on the pandemic combat, it is necessary to flexibly combine fiscal and monetary policies to keep macro-economic stability, said Minister of Finance Ho Duc Phoc.
Vietnam’s successes in maintaining macro-economic stability and major economic balances over the past time were thanks to the sound and flexible policies adopted by the Party and the Government, Cuban Ambassador to Vietnam Orlando Nicolás Hernández Guillén said.
Businesses in the Mekong Delta province of Tien Giang have adopted various ways to quickly restore production and business while ensuring pandemic prevention, according to Nguyen Thanh Liem, deputy head of the provincial management board for industrial zones.
From November 16, Hanoi also allowed voluntary concentrated quarantine of close contact (F1) cases at hotels. This will help to reduce load to the health sector, and at the same time meet the needs of many people.
Minister of Finance Ho Duc Phoc on November 12 answered National Assembly deputies’ questions related to fiscal policies, State budget collection, public debts and budget overspending.
The complicated developments of the COVID-19 pandemic has been posing both challenge and opportunity for the supporting industry sector in Hanoi, requiring businesses in supply chains to promptly adapt and make flexible changes.
33 provinces, cities nationwide have classified COVID-19 into four levels under Resolution No. 128/NQ-CP promoting provisional regulations on safe, flexible adaptation to and effective control of COVID-19.
The Government’s Resolution No.128/NQ-CP promoting provisional regulations on safe, flexible adaptation to and effective control of COVID-19 is a sound policy at present, said experts at a seminar held by the Government Portal on October 18.
The Minister of Education and Training has sent a dispatch to leaders of provinces and cities on preparations for the new school year amid the complicated pandemic situation.
Vietnam should set tight rules to diminish the negative impact of corporate bond products, while constructing flexible regulations for bond issuance to effectively manage and supervise the corporate bond market, according to insiders.
The State Bank of Vietnam (SBV) has flexibly operated monetary policy tools to maintain liquidity for the banking system, contributing to stabilising and recovering credit growth in the context of unpredictable impacts of the COVID-19 pandemic.
World
