Vietnam plans US$2.6bil unprecedented support package

  • Vietnam
  • Thursday, 02 Apr 2020

An elderly woman sells vegetables on the sidewalk in Tây Hồ District, Hanioi. — VNS

HANOI (Vietnam News): The Vietnamese Government is poised to adopt a US$2.6 billion relief package to help those most affected by the Covid-19 pandemic that has devastated the economy.

The draft Resolution on the government’s Covid-19 support, presented on Wednesday (April 1) at the regular cabinet meeting by the Minister of Planning and Investment Nguyễn Chí Dũng, mostly sets out cash payments during a three-month period starting April through June.

According to the bill, there will be six groups of people who are eligible for the relief payments.

Social policy beneficiaries and those who have rendered services to the State during the revolution and wards receiving merit payments will be given an additional VNĐ500,000 (US$21.8) each month in April, May, and June.

There are about 4.135 million people who fall under this category.

About 984,000 poor households and 1,260,000 near-poor households across the country will receive VNĐ1 million each month in April, May, and June. - Vietnam News/Asia News Network

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Vietnam , support , package , covid-19


Next In Regional

Geely's Volvo Cars sets IPO price range, seeking up to US$23bil valuation
Sabah seeks to become major regional pineapple supplier
Vietnam SEA Games pushed back to May 2022 due to Covid-19 concerns, says OCM
Car sales revved up in September as curbs lifted
Gawky teen star wins new fans for Japan's 'game of generals'
Dajjal or whatever, name-calling won't affect KJ's firm stance against anti-vaxxers
Covid-19: Daily cases drop below 6,000 for first time since June 28
India's vaccine effort slows as dose gap trumps output jump
Analysis-Echoing the opposition, Japan's Kishida woos voters with Abenomics critique
More than 20 dead after floods hit southern India

Others Also Read