Vietnam implements economic recovery policies during, after COVID-19 pandemic

5/15/2020 - 11:28:14 AM

The Vietnamese Government has, and is implementing concerted policies and measures for economic recovery during and after the COVID-19 pandemic, according to Foreign Ministry spokeswoman Le Thi Thu Hang.

Vietnam is implementing a range of measures to boost economic recovery.

At the Foreign Ministry’s regular press conference on May 14, the spokesperson said Vietnam has basically controlled and driven back the COVID-19 epidemic thanks to drastic and effective prevention measures, which laid an important foundation to consolidate the trust of the business community and domestic and foreign investors.

Besides epidemic control work, the Government has consistently pursued the policy of promoting socio-economic development in order to strengthen the economy’s foundation and its resilience, Hang said.

She elaborated that under this policy, the Government has worked to ensure supply chains and the trade of goods and services in the country as well as with other countries, while pushing ahead with effort to improve the business and investment environment, cut procedures and costs for enterprises, develop infrastructure and logistics, and actively implement free trade agreements with partners.

The Government has also provided support to enterprises and investors in tackling difficulties caused by the COVID-19 epidemic so as to continue implementing their investment projects in Vietnam, including allowing experts and skilled workers to enter Vietnam while ensuring epidemic prevention, the spokeswoman said.

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