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Taking Stock : What will be the New Normal for Vietnam? - The Economic Impact of COVID-19

Vietnamese economy suffered from COVID-19 in the first half of 2020, prospects remain positive for both the short and medium term. The main challenge for Vietnam will be finding new drivers of growth to consolidate the expected recovery. The country’s traditional sources of growth–foreign demand and private consumption–are unlikely to return to their pre-crisis levels soon, amid continued uncertainties both at home and abroad. COVID-19 has also caused a surge in inequality as the pandemic affects businesses and people differently as, for example, workers in the service sector has seen a bigger decline in their income than farmers.

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Data Resource Preview - [English] Taking Stock : What will be the New Normal for Vietnam? - The Economic Impact of COVID-19

Additional Info

Field Value
Document type Reports, journal articles, and research papers (including theses and dissertations)
Language of document
  • English
  • Vietnamese
Topics
  • Economy and commerce
  • Pandemics
Geographic area (spatial range)
  • Viet Nam
Copyright Yes
Access and use constraints

Please see: https://openknowledge.worldbank.org/terms-of-use

Version / Edition 1
License Creative Commons Attribution
Author (corporate) World Bank
Co-author (individual) Morisset,Jacques Dinh,Viet Tuan Doan,Quang Hong Pham,Duc Minh Mandani,Dorsati Pimhidzai,Obert Kaiser,Kai-Alexander Do,Dung Viet Alatabani,Alwaleed Fareed Yang,Judy
Publication place Hanoi
Publication date 2020
Pagination 52
General note

https://documents.worldbank.org/en/publication/documents-reports/documentdetail/101991595365511590/taking-stock-what-will-be-the-new-normal-for-vietnam-the-economic-impact-of-covid-19

Keywords COVID-19,Economic growth,impact,tăng trưởng kinh tế,tác động
Date uploaded December 25, 2020, 09:26 (UTC)
Date modified January 4, 2021, 23:56 (UTC)