Despite initial notable steps, until the government can fully contain the outbreak, it will be difficult to achieve economic growth targets set out previously.
Relative to other Asian countries, Vietnam has significant achievements in terms of how the country dealt with the coronavirus outbreak. Nonetheless, COVID-19, the disease caused by the new coronavirus strain, has nonetheless posed a major challenge for the country’s economic growth, and is likely to continue to unless it is fully dealt with.
The most affected industries are tourism, transport, electronics, agriculture, and insurance. Many restaurants, shops, cinemas, and entertainment places are also severely affected due to the lack of the demand.
Take tourism, for instance. As it is, in the first two months of 2020, the COVID-19 epidemic caused serious damage to Vietnam’s tourism. To be sure, Vietnam has taken its fair share of additional steps to counter the coronavirus that instill confidence in the government’s ability to respond. For instance, all foreigners and visitors are required declare their health conditions upon arriving the country, and Vietnam suspended the visa waivers program for eight European countries that have a large number of confirmed coronavirus cases.
This article was written by Thoi Nguyen
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