Like other countries hit by the pandemic, Vietnam’s economy has suffered significantly due to the outbreak. Its GDP growth fell to 3.8 per cent in the first quarter of 2020 from 6.8 per cent in the same period a year ago, according to the General Statistics Office. … [Read more...] about HCM City Party chief calls for announcing ‘end’ of Vietnam pandemic, reviving economy
Vietnam banks coronavirus impacts
The session will consider the adoption of about 40 draft resolutions and decisions on human rights issues related to some countries such as Iran, the Democratic People’s Republic of Korea (DPRK), Myanmar, Syria, South Sudan, Nicaragua, Palestine and Libya. … [Read more...] about Vietnam attends UN Human Rights Council’s 43rd session
It remains to be seen how long domestic consumption can keep the economy afloat in the absence of a return to growth in other key sectors of the economy, but a closer look at Vietnam’s spending characteristics gives some reason for confidence. The critical factor is the importance of spending on essential goods and services, which accounts for 42% of national GDP, compared with just 26% for discretionary spending. With the impact of spending cutbacks mostly being felt by the latter category, a significant slice of the country’s economy could be relatively well insulated. … [Read more...] about Emerging from the pandemic, Vietnam must position itself for recovery
By international standards, Vietnam’s response to Covid-19 was early and drastic. The opposite end of the spectrum is represented by Sweden, which did not have a lockdown or even close its schools. While there is something to be said for keeping a country’s economy and education system running, Sweden did suffer 5,280 Covid-19 deaths. The question of which approach produces the best result will no doubt be the subject of research and continued public interest. … [Read more...] about How did Vietnam dodge Covid-19?
The ministry also prepared plans and scenarios on the spread of COVID-19 to Viet Nam's peacekeepers so they can cope with any situation. It instructed relevant agencies to strengthen capacity for peacekeepers by supplementing medical equipment and other necessities. … [Read more...] about Vietnamese peacekeepers report on COVID-19 prevention