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Congratulations on Sri Lanka National Day                                             AT A GLANCE



                                                 AUTOMATIC STAY EXTENSIONS END          FOREIGNERS IN VIETNAM
                               Vietnam brought to an end automatic  automatic stay extension until October 31, 2021 and could depart
                               stay extensions for foreign nationals  Vietnam without having to apply for an extension. For those who
                               in the country on January 15, as it  entered Vietnam before March 1, 2020, the same automatic stay
                               tentatively  reopens  its  borders,  extension until October 31, 2021 was subject to the provision of
        according to a notice from the Immigration Department at the  proof that the person was stranded in Vietnam due to Covid-19,
        Ministry of Public Security. The automatic stay extension policy  accompanied by a diplomatic note (with Vietnamese translation)
        was put into place after Vietnam began imposing stringent border  from diplomatic missions, or a written document from Vietnamese
        control  measures  in  March  2020,  essentially  halting  all  foreign  authorities confirming that the person was required to undergo
        entries into the country in response to the emergence of Covid-19.  mandatory quarantine or treatment for Covid-19, or advice of other
        Accordingly, foreigners who entered Vietnam on visa waivers, e-  force majeure. The person was required to present the diplomatic
        visas,  or  tourist  visas  from  March  1,  2020  were  entitled  to  an  note or written document on departure from Vietnam.

          ENTRY PROCEDURES                   SMOOTHER PROCESS FOR FOREIGN ARRIVALS
        The  Vietnam  News  Agency  on  January  19  quoted  a  dispatch  and  overseas  Vietnamese  and  their
        released by the Office of the Government as reporting that Per-  relatives with valid entry papers can
        manent Deputy Prime Minister Pham Binh Minh has given in-  enter the country without undergoing
        principle approval to favorable entry procedures being created  personal examination, visa granting,
        for foreigners and overseas Vietnamese and their relatives. For-  and visa exemption procedures again. They also don’t need to
        eigners  entering  Vietnam,  under  these  procedures,  are  those  seek entry approval from ministries, sectors, or localities. Regarding
        invited or guaranteed by agencies, organizations, or individuals  foreigners who don’t have visas, provincial-level People’s Com-
        in line with the law on foreigners’ entry into, exit from, transit  mittees will consider approving their entry, so as to create optimal
        through, and residence in Vietnam. Foreigners who wish to come  conditions for them to work, attend meetings, study, or engage
        for tourism purposes, in the short term, are still welcome under  in humanitarian activities. Ministries, sectors, and central agencies
        the pilot program on reopening to international tourists. Foreigners  will make decisions on foreigners coming to work with them.


                                          FIRST WINNERS RECEIVE TOTAL OF $4.5MLN              VINFUTURE PRIZE
                                  The winners of the first VinFuture  their contributions to the development of the mRNA vaccine tech-
                                  Prize,  an  annual  international  nology. Chinese-American scientist Zhenan Bao received a $500,000
                                  award honoring scientific achieve-  Prize for female innovators for her research on “electronic skins”.
                                  ments and managed by the Vin-  South  African  scientists  Salim  Abdool  Karim  and  Quarraisha
                                  Future   Foundation,   were  Abdool  Karim  were  awarded  a  $500,000  Prize  for  developing
        announced at a ceremony in the presence of Prime Minister Pham  country innovators for their invention of a gel with tenofovir, a
        Minh Chinh in Hanoi on January 20. Katalin Kariko and Drew  product for women to prevent HIV infection. And US scientist
        Weissman  from  the  US  and  Pieter  Rutter  Cullis  from  Canada  Omar Yaghi received a $500,000 Prize for outstanding achievements
        were awarded the VinFuture Grand Prize worth $3 million for  in emerging fields, for his research into water and material science.


          INTERNET SERVICE                   MORE INVESTMENT FOR INFRASTRUCTURE
        According to the Dau tu (Vietnam Investment Review) newspaper,  4G covers 99.8 per cent of the pop-
        internet infrastructure in Vietnam is set to receive considerable  ulation and cable internet reaches
        investment in 2022 to meet users’ growing demand. The number  all communal-level localities. How-
        of internet subscriptions in the country hit a record last year, of  ever, repeated breakdowns of under-
        nearly 71 million mobile broadband subscriptions and 18.8 million  sea international cables have greatly affected domestic internet
        fixed subscriptions, rising 4 per cent and 14.6 per cent, respectively,  quality. There are five undersea cable routes currently operating
        against 2020. Internet users stood at 71 million for the first time,  in Vietnam and two more are scheduled to be put into use in
        accounting for two-thirds of the population. Internet traffic also  2022 and 2023. The newspaper cited Minister of Information
        grew strongly, by over 40 per cent. Telecom businesses stepped  and Communications Nguyen Manh Hung as saying that infra-
        up developing broadband infrastructure during the year. The 5G  structure must be developed first and fast, and that the technologies
        network has been piloted in 16 cities and provinces to date, while  applied must be modern.

                                                   RISE IN INVESTIGATIONS IN 2021           CORRUPTION FIGHT
                                Among  many  corruption  cases  recovery of assets in corruption cases, with over VND9 trillion
                                investigated last year, 390 involving  ($396 million) reclaimed last year. Party committees and Party
                                1,011  people  were  prosecuted,  inspection commissions at all levels intensified supervision and
                                according  to  a  report  from  the  inspection, with 618 Party members disciplined during the year
                                Central  Steering  Committee  for  for  corruption  or  intentional  wrongdoings.  The  Party  Central
        Anti-Corruption presented at its meeting on January 20. These  Committee, the Politburo, and the Secretariat meted out disciplinary
        included ten major cases under the supervision of the Steering  measures on many high-ranking officials for their involvement
        Committee. Many new serious cases have been brought to light  in corruption. Party General Secretary Nguyen Phu Trong, Head
        that involve both incumbent and retired high-ranking officials  of the Steering Committee, said it has issued effective instructions
        and officers of the rank of General in the armed forces, ten of  on  inspections,  audits,  investigations,  prosecutions,  trials,  and
        whom  were  under  the  management  of  the  Politburo  and  the  sentence  enforcement,  while  preventive  work  continued  to  be
        Party Central Committee’s Secretariat. Progress was seen in the  promoted, reflecting the strong resolve to tackle the vice.

        www.en.vneconomy.vn                                                 FEBRUARY 2022 | VIETNAM ECONOMIC TIMES | 5
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