Minister of Labour, Invalids and Social Affairs Dao Ngoc Dung visits Samsung Electronics Vietnam in Thai Nguyen Province on Thursday. — Photo vtc.vn

The ministry has just released a report on the impact of coronavirus.

Accordingly, a survey of 30 provinces and cities showed that 322 out of 181,597 enterprises have suspended operations, while 553 enterprises reduced or narrowed their production and business scale.

Twenty-two provinces and cities reported that 8,773 workers had been affected and 1,027 made unemployed.

In the report of 63 localities, 33,775 Chinese workers working in localities have been granted work permits. Of these, 26,388 Chinese workers returned home to celebrate the Lunar New Year.

Most Chinese workers have not returned due to the epidemic.

As of 4pm on February 10, 15,018 Chinese workers were working in Vietnam, including 7,388 workers who stayed in Vietnam during the Lunar New Year and 7,630 Chinese workers returned after the holiday.

Data on the number of Vietnamese workers working abroad under contracts showed that Vietnam currently has 524,153 employees working in mainland China and other countries and territories where COVID-19 cases have been confirmed, including Taiwan, Macau, Japan, South Korea, Malaysia, UAE and the Philippines.

No Vietnamese workers working abroad have been infected with coronavirus, so far.

The survey by the Ministry of Labour, Invalids and Social Affairs also stated that there had been no major changes in labour and employment nationwide so far.

Most businesses, especially large enterprises, were still stable with normal operation. There was not yet a risk of a labour shortage, said the ministry. — VNS

Coronavirus hits FDI firms’ production, business

The shortage of materials and various labor-related problems attributable to the spread of the Wuhan coronavirus have affected the production and business activities of large foreign direct investment (FDI) enterprises in Vietnam.  

Transport firms face huge losses from coronavirus outbreak

Many transportation firms reported that they are incurring huge losses and slow business due to the coronavirus outbreak.  

How will the coronavirus affect Vietnam’s economy?

Bao Viet Securities (BVSC) predicted that the GDP would grow by 6.5 percent in Q1 2010, or 0.2-0.4 percent lower than the same period last year. The growth will recover in Q2.