Over 2.3 billion USD disbursed under national socio-economic recovery programme
More than 55 trillion VND (2.33 billion USD) has been disbursed so far to financially support people and enterprises hurt by the COVID-19 as part of the national socio-economic recovery and development programme, according to a report by the Ministry of Planning and Investment.
Illustration. (Photo: Ministry of Industry and Trade)
Hanoi (VNA) – More than 55 trillion VND (2.33 billion USD) has been disbursed so far to financially support people and enterprises hurt by the COVID-19 as part of the national socio-economic recovery and development programme, according to a report by the Ministry of Planning and Investment.
Of the total, over 10.07 trillion VND has been provided in soft loans through the Vietnam Bank for Social Policies. Nearly 4.54 million affected labourers have received over 3.04 trillion VND in housing rental assistance.
Value-added tax (VAT) and environment tax on jet fuel have been lowered, resulting in a total tax reduction of some 34.97 trillion VND as of August 26.
The State Bank of Vietnam has been pursuing flexible fiscal and monetary policies while focusing on addressing legal and institutional issues to accelerate the disbursement of public investment and forge for the effective use of the funding sourced from the programme.
Over 10.07 trillion VND has been provided in soft loans through the Vietnam Bank for Social Policies. (Photo: VNA)
Minister of Planning and Investment Nguyen Chi Dung said Vietnam’s economy was on recovery track during the first eight months of this year, with the macro-economy kept stable.
However, he voiced concern over the ups and downs of oil prices and production inputs, a slowly-recovering global market and changing policies in other countries that can put a brake on the economic recovery.
An absence of support policies to timely tackle these issues can lead to a domino effect on multiple industries and areas, he said./.
Vietnam’s tourism sector is set to witness strong growth in the next five years, with international tourism arrivals expected to surpass pre-pandemic levels in 2024, according to The Business Times of Singapore.
Vietnam’s economic recovery will be stronger in the second half of 2022, particularly as the country resumed its tourism activities after a two-year closure, according to Standard Chartered’s latest Vietnam report.
The National Assembly (NA) Standing Committee convened an extraordinary session in Hanoi on August 29 to look into the assignment of tasks and projects under the socio-economic recovery and development programme and investments for them.
Ho Chi Minh City’s economy has maintained its recovery pace, as seen in the increasing numbers of both new businesses and those that have restored their operations, as well as the rise in foreign investments, the city officials reported at a press conference on August 30.
Domestic air transport has recorded spectacular recovery and breakthrough growth in the first eight months of 2022, according to a report issued by the Airports Corporation of Vietnam (ACV) on August 31.
The programmes have brought about positive changes to rural infrastructure, comprehensively improved the material and spiritual lives of farmers, and contributed to Vietnam's economic restructuring, said PM Pham Minh Chinh.
The festival highlighted the contributions and robust development of Vietnam's revolutionary press over the past century while promoting press products and showcasing the creativity of Vietnamese journalists.
The programme on sustainable poverty reduction has achieved its annual targets for reducing the poverty rate as assigned by the National Assembly and the Government. It has fulfilled five specific objectives and five five-year goals, and met nine out of 12 indicators related to addressing basic social service shortages.
UNICEF stands ready to support the Government in implementing this important law and in continuing to invest in teachers as the cornerstone of a resilient, inclusive, and high-quality education system for all children.
PM Pham Minh Chinh highlighted how Vietnam's revolutionary press has continuously evolved and strengthened over the past century, affirming its role as a sharp and vital political, cultural, and ideological weapon serving the Fatherland and the people in the glorious revolutionary cause of the Party.
Vietnamese Consul General in Fukuoka Vu Chi Mai highlighted the growing demand for Vietnamese workers in Kyushu, especially in Fukuoka, Oita, and Saga prefectures. Currently, the region employs about 35,000 Vietnamese manual workers and over 5,000 IT engineers.
In Vietnam’s case, she said, President Ho Chi Minh demonstrated his strategic vision by founding the revolutionary press a century ago. The late leader understood the press's role not only as a means to reflect the country’s realities but also as a powerful tool to strengthen national unity and inspire the resistance wars and national construction process.
In recent interviews granted to the Vietnam News Agency (VNA)'s reporters in Mexico, prominent figures reflected on the press’s legacy and its global influence.
VietnamPlus e-newspaper of the VNA clinched an A prize in the “Outstanding Press Product” category for its immersive 3D multimedia project, “Epic of Reunification,” a groundbreaking blend of storytelling and technology. The VNA won another A prize for its eye-catching exhibition booth.
Today, the press for foreign service has evolved into a distinct, irreplaceable force, bridging Vietnam with the world and portraying a nation that is stable, peace-loving, and fully integrated into the international community.
At a review conference held on June 21, Deputy Minister of Construction Nguyen Van Sinh praised the province’s scientific, coordinated, and flexible approach. He noted that the early completion reflects the strong commitment of local authorities, the business community, philanthropists, and residents in improving housing conditions for disadvantaged groups.
The VNA delegation, led by General Director Vu Viet Trang, actively participated in the event, engaging in both professional and diplomatic activities.
In the context where AI dominates and produces vast volumes of content, the only sustainable path forward for journalism is to focus on high-quality content and core values. Journalism must redefine its mission - not to report the fastest, but to provide the most profound and trustworthy value.
Granma and the VNA have great potential for cooperation, especially in sharing content regularly, so that VNA products are published on Granma platforms and vice versa, thereby helping Cuban and Vietnamese people access true information and gain a deep understanding of each other's country and people.
During his stay in China’s Guangzhou city from 1924 to 1927 to prepare for the establishment of a Communist Party to lead Vietnam’s revolution, President Ho Chi Minh founded “Thanh nien” newspaper and released its first issue on June 21, 1925.
Vietnam and Cambodia are hoped to strengthen their robust collaboration across various sectors, particularly in resolving remaining border issues to transform the border area into a zone of peace, friendship, cooperation, and development.
The strategic product, managed and operated by the Vietnam News Agency Digital Media Centre (VNA Media), is an official channel for popularising the Party and State’s information and documents as well as delivering mainstream and trustworthy news to both domestic and international audiences through various kinds of multimedia formats.
Since President Ho Chi Minh founded Thanh Nien (Young People) newspaper in 1925, the Vietnamese revolutionary press has become the voice of the people. During the resistance war against the colonialists, journalists took great personal risks to inspire patriotism and the will of rising up against foreign invaders.
The total investment exceeded 319 billion VND (12.2 million USD), including over 261 billion VND from the state budget and 57.5 billion VND mobilised from businesses, organisations, and individuals.