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Update news Covid-19
It seems that Vietnam has adapted to a "new normal" state after it reopened the economy in late April.
As a promising digital economy, Vietnam has facilitated fintech development to penetrate deeper and faster into the world’s digital economy, especially in the post-COVID-19 period.
GAVI has published an article on its website gavi.org, highlighting the four ways Vietnam has managed to control the COVID-19 pandemic.
Biotechnology, online retail, fintech, and green real estate are expected to prosper during the post-COVID period.
The US has seen more deaths (currently 100,047) and infections (1.69 million) than any other country.
An online table-top exercise (TTX) on COVID-19 response among ASEAN member states’ military medicine forces was held on May 27, chaired by the Vietnamese Defence Ministry’s Military Medical Department.
The most critically ill COVID-19 patient in Vietnam is now able to make basic communication with doctors after his dosage of sedatives was reduced on May 27 evening, doctors have said.
The concept of digital transformation has become clearer during the Covid-19 crisis.
Despite potent financial support from the government, Vietnamese aviation giants are pinned to the ground by the global lockdown, signalling continuous hard rocks in the months to come.
FDI enterprises have been gradually recuperating from the coronavirus outbreak thanks to the assistance from local authorities and the government’s efforts to contain the pandemic.
Banks have been warned of a sharp profit decline because of minus credit growth and higher provisions against risks.
While other countries are setting up specific and clear priorities to attract FDI projects, Vietnam is still pursuing a strategy with multiple targets that could lead to missed opportunities.
Governments in Asia and the Pacific must think about two things when restarting their economies: when to do it and how.
The aftermath of the health crisis has prompted Vietnam to consider adjusting its economic growth target,
Though receiving some guests during the April holiday, hotels are still not doing well. Some have had to close and others are operating at a moderate level.
One Vietnamese returning from Russia becomes latest COVID-19 case in Vietnam
While many businesses have had to take big losses because of Covid-19, other businesses have reported profits with 2-digit growth rates.
Prof Nguyen Mai, an expert on FDI, and chair of the Vietnam Association of Foreign Invested Enterprises (VAFIE), pointed out three problems in the picture of FDI in Vietnam.
A market with population of nearly 100 million is more than enough for domestic firms to boost sales and expand market shares.
The EU-Vietnam Free Trade Agreement (EVFTA), to take effect shortly, is expected to make up for some of the losses Vietnam’s economy incurred during the COVID-19 pandemic, according to insiders.