German newswire lauds Vietnam’s economic policy amid COVID-19
The Deutsche Welle (DW) newswire on April 17 ran a story praising Vietnam’s successes in fighting COVID-19 with all of its power while the global economy is facing depression due to the pandemic.
Berlin (VNA)꧋ – The Deutsche Welle (DW) newswire onApril 17 ran a story praising Vietnam’s successes in fighting COVID-19 with allof its power while the global economy is facing depression due to the pandemic.
The article quoted areport by the International Monetary Fund (IMF) as saying that the worldeconomic growth is forecast to drop by 3 percent this year. For the first timein 60 years, the Asian economy has been predicted to not expand. Meanwhile, theChinese Government has announced that its economy downsized 6.8 percent in thefirst quarter. However, Vietnam has so far done a fairly good job in economic term. Though the figure in the first quarteris lower than the estimate, the growth still hit 3.82 percent, it said. Talking with DW, Carl Thayer from Australia’s University of New South Wales, said it was a noteworthy achievement. According to thearticle, Vietnam launched a strategy to contain SARS-CoV-2 from early. Therefore, datafrom the Johns Hopkins University showed that the total number of infectioncases has only reached 268 to date. Despite social distancing measures, electronics and medicine-pharmaceuticals sectors still grewby 14 percent and 44 percent, respectively, in the first quarter, said the German Chamber of Commerce and Industry (AHK) inVietnam, adding that the Vietnamese Government is adopting differentmeasures to prevent economic slowdown. It said like othercountries, Vietnam has also faced difficulties, especially in services, tourism andaviation. The tourism sector lost 3-4 billion USD in the first quarter. Thayer also added that Vietnamcould succeed in maintaining the balance between protecting people’s health andeconomic benefits in the short term./.
Up to 201 out of 268 COVID-19 patients across the country have fully recovered, reported the Treatment Subcommittee under the National Steering Committee for COVID-19 Prevention and Control.
The Vietnam-Germany Innovation (VGI) Network held a teleconference in Berlin on April 17 to discuss the COVID-19 situation, with law, immunology and bio-technology experts taking part.
Prime Minister Nguyen Xuan Phuc attended a ceremony on April 18 to launch a remote medical examination and treatment platform and Bluezone application to help the community in COVID-19 prevention and control.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Illustrative image (Photo: VNA) 
