Vietnam GDP performance to remain strongest among Fitch-rated sovereigns in ASEAN
Restrictions to control the spread of the disease will weigh on activity in this third quarter and could persist if the outbreak is not under control.
Restrictions to control the spread of the disease will weigh on activity in this third quarter and could persist if the outbreak is not under control.
Vietnam’s economic prospects in the remaining months of the year would depend on the country’s efforts in ending the current Covid-19 outbreak.
A flexible approach in managing the twin goal helped the country keep the economy intact in the most complicated Covid-19 outbreak yet.
The government expects a budget deficit of $86.7 billion, or 3.7% of the GDP, in the next five-year period.
The city is flexible in imposing large-scale restrictions but still maintains production amid the partial lockdown.
Vietnam is willing to selectively absorb and refine cultural traits from other countries while embracing national cultural heritages.
The current Covid-19 situation is threatening Vietnam’s efforts of realizing the twin goal of boosting economic growth along with putting the pandemic under control.