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Vietnamese parliament approves economic stimulus package for recovery

17 Jan '22
1 min read
Pic: Dong Nhat Huy / Shutterstock.com
Pic: Dong Nhat Huy / Shutterstock.com

The first extraordinary session of Vietnam’s 15th National Assembly recently approved a $15.21-billion stimulus package to fight the pandemic’s impact and for socio-economic recovery and development for 2022-2023. The package’s focus includes health care, social welfare, employment, support for enterprises and cooperatives, and transportation infrastructure.

The four-and-a-half-day virtual session was wrapped up on January 11.

The session also approved a resolution on the investment policy for the construction of the eastern section of the north-south expressway in 2021-2025 and one on piloting several special policies and mechanisms for the development of Can Tho city, according to Vietnamese media reports.

Fibre2Fashion News Desk (DS)

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