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Two scenarios mapped out for economic growth

The Ministry of Planning and Investment has sketched out two scenarios for economic growth, Deputy Minister Tran Quoc Phuong told the press conference following the Government’s regular meeting in Hanoi on October 2.

Accordingly, to meet a growth rate of 3% for the entire year, the national economy must expand at least 7.06% in the fourth quarter of this year. Mean while, to full fill the yearly target of 3.5%, the quarterly growth is set at 8.84%.

Two scenarios, mapped out, economic growth, yearly target,  quarterly growth, post Covid-19 pandemic

At the press conference.

The economic performance in the last quarter depends greatly on the implementation of the strategy on safe adaptation to the Covid-19 pandemic, Phuong stressed.

Businesses should restore their operations, even reaching only 80% of their capacity, to spur the economic growth, Phuong said, expressing his hope that the quarterly target of 7% would be completed.

Regarding transport activities, Deputy Minister of Transport Nguyen Ngoc Dong said the ministry has consulted relevant ministries, agencies and localities to put forth guidance on passenger transportation, which was issued on September 30 and took effect as from October 1.

The provisional guidance on passenger transport by road, rail, inland waterway, sea and air is based on risk classifications in different areas.

Public transport activities in very high risk localities (red zones) are not allowed to operate, except for taxi and app-based vehicles that offer less than nine seats and use vehicle partition and electronic payment.

For localities in high risk or orange zones, public vehicles can only carry half their designed capacity.

Public transport can resume operation as normal in low- and medium-risk localities and regions (green and yellow zones).

All passengers must comply with the 5K message, medical declaration, negative SARS-CoV-2 test (using RT-PCR or rapid antigen test) within 72 hours.

No testing is required for people who have received one jab or fully vaccinated or have recovered from Covid-19 within six months.

Drivers and staff must comply with the 5K message, medical declaration, test for SARS-CoV-2 by PCR or rapid antigen test after developing suspected symptoms.

In medium and high-risk localities, they must be tested for SARS-CoV-2 frequently (once every week).

Drivers in very high-risk areas must have received two Covid-19 jabs or recovered from Covid-19 within six months and have a negative SARS-CoV-2 test result within 72 hours by RT-PCR or rapid antigen test.

Provincial People's Committees will grant permits for road passenger transport activities depending on the pandemic situation in each locality.

The Civil Aviation Authority of Vietnam will also adjust the frequency of operations in phases depending on the actual situation.

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Source: NDO/VNA

Two scenarios, mapped out, economic growth, yearly target, quarterly growth, post Covid-19 pandemic
 
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