Photo for illustration. (Source: VNA)

Under the strategy, domestic trade will grow by an average 9 - 9.5% a year, and retail sales of goods and consumer service revenue by 13 - 13.5% during the period.

By 2030, domestic trade via e-commerce is expected to increase by about 20 – 21% annually to account for 10.5 – 11% of total retail sales of goods and consumer service revenue. The percentage of small- and medium-sized enterprises involved in trading activities is hoped to surpass 40 – 45%.

The strategy looks to achieve fast and sustainable growth of domestic trade, build brands for Vietnamese goods, and protect the interests of consumers, businesses, and the national economy.

Among the main orientations to develop domestic trade, authorities are set to press on with improving the investment and business climate, form a market order adaptable to the new context, develop domestic trade stably and sustainably, keep domestic trade’s growth faster than the GDP growth, and develop e-commerce into the main form of trading.

Second US shipment of 3 million doses of Moderna vaccine arrives in Vietnam

Vietnam has received the second shipment of 3 million doses of the Moderna COVID-19 vaccine donated by the government of the United States and channeled through the COVAX Facility, reported VOV News.

The US-donated Moderna vaccine shipments are channelled through COVAX. (Photo: UNICEF)

Closely to 1.5 million doses were immediately transferred to Ho Chi Minh City, the country’s largest coronavirus hotspot, and the remainder arrived in Hanoi on July 25, according to a representative of the Ministry of Health.

The Biden administration earlier delivered 2,000,040 doses of the Moderna vaccine to Vietnam, and the shipment arrived on July 10.

In an interview granted to a Washington – based VOV correspondent, Vietnamese Ambassador to the US Ha Kim Ngoc revealed the US is considering donating additional vaccines to Vietnam in the coming time.

 “This is timely and significant sharing and assistance for Vietnam,” he said.

Vietnam has so far received more than 14 million doses of COVID-19 vaccines through different sources, including nearly 7.5 million doses of the AstraZeneca vaccine sponsored by COVAX, approximately 5 million doses of the Moderna vaccine donated by the US Government, and nearly 2.5 million doses of the AstraZeneca purchased from the vaccine manufacturer.

Germany pledges over EUR113.5 million in ODA for Vietnam

Director of the MPI's Foreign Economic Relations Department Pham Hoang Mai (centre) shows the signed minutes of the virtual meeting with Director for Asia at the German Federal Ministry for Economic Cooperation and Development Gisela Hammerschmidt. (Photo: vneconomy.vn)

Germany has pledged to provide 50 million EUR (58.8 million USD) in official development assistance (ODA) loans and another 63.559 million EUR in non-refundable ODA for 14 technical assistance and investment projects in Vietnam this year, reported Vietnam News Agency.

The commitment was made during a recent governmental-level meeting on the Vietnam - Germany development cooperation in 2021 held via videoconference, according to the Ministry of Planning and Investment (MPI).

Among the beneficiary projects, the one on building a centre for epidemic forecasting and management proposed by the Health Ministry as an emergency response to the COVID-19 pandemic will receive 15 million EUR in non-refundable ODA.

The MPI said the German Government views Vietnam as a “global partner” in development cooperation under the new BMZ 2030 strategy.

During the meeting, attended by Director of the MPI's Foreign Economic Relations Department Pham Hoang Mai and Director for Asia at the German Federal Ministry for Economic Cooperation and Development Gisela Hammerschmidt, the German side expressed their wish to enhance cooperation with Vietnam in handling global issues like climate change, environmental protection, and global economic stabilisation.

The European country also agreed to reinforce ties in health care to help Vietnam cope with COVID-19, the MPI added./.

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