The government may want to consider a new fiscal stimulus that would include a more generous assistance package for COVID-19 affected people and businesses, stated the World Bank.
Several construction firms have reported a drop in profits in the first quarter of this year due to the COVID-19 pandemic and rising material prices.
Global financial markets have been negatively hit and significantly shaken by the ongoing unpredictable, relentless and complicated developments under the COVID-19 pandemic, leading to continued global financial instability.
VOV.VN - The Consul General of Vietnam in Vancouver, Canada, Nguyen Quang Trung joined a working session with the Premier of British Columbia John Horgan on April 30.
Even though economic growth is expected to strongly recover this year as the pandemic has been contained, companies in many sectors have still lowered their profit targets.
As the COVID-19 pandemic may continue to develop in an unpredictable fashion despite vaccination campaigns being carried out in many countries around the world, experts have said that Vietnam needs to identify and adopt a long-term plan for post-pandemic economic recovery.
VOV.VN - The local economy is back on track following the negative impact caused by the COVID-19 pandemic and is projected to grow by between 6% - 6.3% this year, according to the Vietnam Institute for Economic & Policy Research (VEPR).
Demand for credit may increase sharply since the second quarter, especially in fields of industrial production, exports, trade and tourism, said a senior official of the central bank.
Foreign ministers of Laos, Cambodia and Indonesia have extended congratulations to Bui Thanh Son on his appointment as Minister of Foreign Affairs of Vietnam.
Legislators on March 29 mulled over working reports of the President and the Government during the 2016-2021 tenure, as part of the ongoing 11th sitting of the 14th National Assembly.