Vietnamese parliament approves economic stimulus package for recovery

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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.

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.

Fibre2Fashion News Desk (DS)



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