Nguyen Xuan Phuc

Automation would encourage reshoring as advanced economies replace human inputs in routine tasks. Vietnam, for example, might lose 26% of its jobs to this reshoring.

Vietnam said its top priority is to keep the situation under control to protect people's health.

Vietnam targets to join the 10 most advanced countries in agriculture by 2030, and become a global hub for food processing and agricultural logistics.

Vietnam is predicted to be among four economies hardest hit by the Covid-19 outbreak, behind Singapore, Thailand and Hong Kong (China).

Prime Minister Nguyen Xuan Phuc has stated that Vietnam is willing to coordinate efforts with China in fighting the new coronavirus epidemic.

The suspension was in response to the request of Prime Minister Nguyen Xuan Phuc to stop flights from and to epidemic-stricken areas.

Vietnam will temporarily stop granting tourist visas for Chinese of nCoV-infected territories, except urgent cases.

PM Nguyen Xuan Phuc has hailed the Chinese Communist Party and government’s endeavors to control the epidemic,

Prime Minister Nguyen Xuan Phuc on January 23 dispatched an urgency note, requiring ministries to keep strict watch on arrivals at border gates and quarantine people suspected of carrying the disease.

By the end of 2025, Vietnam targets to have at least 80% of adults in the country to have bank accounts and the number of non-cash transactions to expand 20 – 25% annually.