Successful realization of the program would help boost economic growth in the 2021-2025 period to 6.4-6.8%, one percentage point higher than a scenario without the program.

The government has reinforced recovery plans after it issued guidance on "Safe adaptation, flexibility and effective control of the Covid-19 pandemic.

Vietnam will focus on production, exports, and disbursement of public investment funds in key infrastructure projects.

Fiscal policies such as tax cuts and freezing of payments have been supportive of the overall efforts of keeping inflation at bay.

Not only foreign trade and manufacturing are booming, but Vietnamese domestic tourism is also gradually picking up.