The ratio of public debt to GDP is not too high, but the pressure of debt repayment in both VND and foreign currencies will increase in 2020-2021.

Last week, interbank liquidity was in excess and the interest rate dropped to a record low, signs showing that capital has become ‘stagnant’.

Focusing on the home market is one of the important solutions that will help enterprises restore production and business after Covid-19 ends, experts say.

Restaurants and eateries have been crowded recently, following the social distancing period. Analysts believe this indicates a rapid recovery of the economy after the epidemic.

It won’t be a V-shaped recovery, but a swoosh-shaped recovery like Nike’s logo: the economy will go down and then bounce back beginning in 2021, according to BIDV’s chief economist Can Van Luc.

Vietnam needs to keep inflation and interest rates at low levels, stabilize the exchange rate, accelerate public investments, and improve the investment environment, economists say.

Industrial and residential properties could be the sectors grasping the most upcoming attention in the real estate market of Vietnam, Indonesia, and the Philippines – three of the ASEAN’s fastest-growing economies.

Dr Vu Minh Khuong from Lee Kuan Yew School of Public Policy in Singapore thinks that large economic groups such as Vingroup should develop industrial zones (IZs), not only for Vietnam, but also for Southeast Asia.

Vietnam has to be very cautious when choosing and implementing a plan to reactivate the economy.

If enterprises can exploit the domestic market well, they will be able to overcome the Covid-19 crisis, analysts say.

The aftermath of the health crisis has prompted Vietnam to consider adjusting its economic growth target, 

While many businesses have had to take big losses because of Covid-19, other businesses have reported profits with 2-digit growth rates.

The ongoing health crisis has been taking a heavy toll on the Vietnamese economy.

The World Bank (WB) has predicted that the EU-Vietnam Free Trade Agreement (EVFTA) could help Vietnam’s GDP and exports grow 2.4 percent and 12 percent, respectively, by 2030, the Ministry of Industry and Trade (MoIT) has reported.

Some experts believe that the government needs to come forward and provide a guarantee for SMEs (small and medium enterprises) to access bank debts.

A low GDP growth rate is unavoidable in 2020 as the economy has been seriously affected by Covid-19.

With the resumption of key economic sectors' activities, such as manufacturing, services and retail, Vietnam’s economy is accelerating to get back to its normal state.

As the dollar price has decreased in the international market, the official exchange rate announced by the State Bank of Vietnam (SBV) and dollar market price have also decreased slightly.

VinaCapital has predicted a 3 percent GDP growth rate reduction because of Covid-19, while Fitch has projected a modest growth rate of 3.3 percent, and ADB 4.8 percent.

Unable to wait for the pandemic to end and seeing revenue drop to zero, businesses have been trying every method to earn money in the Covid-19 crisis.