The move, as the prime minister said, is in line with the Government's vision of putting the people at the center and as the ultimate goal in the development process.

The GDP growth is set to expand by 4-4.5% in 2022, along with inflation rates of 3.4-3.7%, or a rise from an estimated 2% rate this year.

The upcoming program is expected to cover all fields that are in need of support and have the potential to recover during the post-pandemic period.

Vietnam will make best efforts to ensure a safe and flexible adaptation to the pandemic as this is essential for the country to set a momentum for higher growth next year.

While the Vietnamese manufacturing sector remained in growth territory in November, a renewed wave of the Covid-19 pandemic clouds the near-term outlook for firms.

Vietnam pursues the GDP growth target of 6-6.5% next year, which would result in a GDP per capita of US$3,900.

Vietnam is set to hold the ASEM roundtable on the digital economy by 2022 to promote digital transformation globally.

Vietnam expects Japanese investors to help the country create breakthroughs for development, especially in terms of capital, technology, and governance capabilities.

Banks’ profits are expected to decline by a total of VND20.6 trillion (US$908.3 million) until late 2021 due to business support schemes during the pandemic.