The Vietnam Fatherland Front (VFF) Committee of Ho Chi Minh City hosted a get-together on March 22 with representatives of the Muslim community in the city on the occasion of Ramadan month - the month of fasting for Muslims.
In order for Vietnam to achieve the economic growth target in 2023, it will be necessary to have a much better synchronized coordination between fiscal and monetary policies so as to increase resilience in the economy and remove bottlenecks.
With a policy putting humans at the centre and leaving no one behind, when the Covid-19 pandemic broke out in Vietnam, the Government has continuously made drastic instructions to support laborer’s with relief packages of largest-ever coverage.
The HCMC Party Committee, People’s Council, People’s Committee and Vietnam Fatherland Front Committee last night organized a meeting with nearly 1,000 overseas Vietnamese from foreign countries and territories in advance of the Tet holiday.
Chief Representative of the World Health Organisation in Vietnam Dr. Angela Pratt yesterday warned that the fight against Covid-19 is not over yet as many people are getting infected, hospitalised, and dead in many countries around the world.
The Chinese side has announced that it will completely resume the operation of border gates and paths with Vietnam in northern Lao Cai province from January 8, said Ha Duc Thuan, Vice Director of the Management Board of Lao Cai Economic Zone.
Most businesses that are in need of capital in the current economic scenario expect a regulatory adjustment, as most of them are facing extreme difficulties in running their entire operations.
Although the Vietnamese economy made a strong recovery right after the Covid-19 pandemic, this growth is now facing many challenges and the pace is not accelerating as expected.
Even though the Covid-19 pandemic is well over and businesses are making efforts at recovery so that production can continue and jobs can be retained, other factors have now come into play.
Economic instability across the entire globe is bound to affect Vietnam as well. Although economic data for Vietnam shows that difficulties have been overcome, but the fact remains that scores of businesses are still struggling.
India is currently one of the markets that has high potential. However, it is yet to be seen whether Indian tourists can substitute for the large volume of Chinese tourists visiting Vietnam in the past.
Chairman of Ho Chi Minh City People’s Committee Phan Van Mai stressed in the meeting about the city’s socio-economic status in the last 2 months of 2022 that completing the budget revenue target for 2023 is a challenging mission for HCMC now that the economic health of this quarter is on the wane. This has asked for more precise evaluation of the current status to devise suitable measures to fulfill that mission.
The real estate market is currently facing a serious crunch, not seen in the last ten years. Both investors and real estate businesses have never faced such difficult times before.
The HCMC Department of Education and Training has made a draft document on tuition fees that will be applied for public kindergarten and high school levels from the academic year 2022-2023 in the city.
