Experts remain optimistic that in the long-term, Vietnam’s economy will be able to bounce back from the current COVID-19 pandemic, according to a recent article published by the English language news media publishing group Asia Times.
Foreigners waiting to be tested in Son Tra District, Da Nang city (Source: asiatimes.com)
Sydney (VNA) – Experts remain optimistic that in the long-term, Vietnam’seconomy will be able to bounce back from the current COVID-19 pandemic, accordingto a recent article published by the English language news media publishinggroup Asia Times.
Itnoted that Vietnam is successful in COVID-19 prevention and combat, even thoughthe country is densely populated with over 97 million people and not widelyequipped with modern medical facilities to cope with a pandemic.
Manypeople at home and abroad heaped praises on efforts made by the VietnameseGovernment to contain the spread of COVID-19, it continued.
Thearticle quoted Kenneth Atkinson, the founder of the international accountingfirm Grant Thornton and Vice Chairman of the Tourism Advisory Board (TAB) inVietnam, as saying that the latest outbreak means that there will be morereluctance to open the borders and that’s going to be the biggest challenge toget the tourism and hospitality sector back on track.
Atkinsonand others are hopeful that with the recent EU-Vietnam Free Trade Agreement (EVFTA)coming into force, there will be an emphasis on foreign investment and a numberof European companies will set up manufacturing operations in Vietnam.
Moreover,Vietnam’s Ministry of Health recently affirmed that the COVID-19 situation inboth the central city of Da Nang and Quang Nam province is “under control.”
Localauthorities have even allowed construction workers to resume working again onbuilding sites in Da Nang, one sign that the city is slowly but surely alreadyreturning to normal, the article added./.
Germany’s DW newswire recently ran an article saying that Vietnam still aims for an economic growth of 5 percent this year despite global economic crisis and likely recession in some of its neighbouring countries.
The Australia-based website Eastasiaforum.org on May 28 ran an article titled “Vietnam’s COVID-19 political gains” affirming that Vietnam has earned international accolades as one of the successful countries in Asia to contain the coronavirus.
Preventing the spread of COVID-19 has become a priority of millions of Vietnamese people over the past time, according to British freelance journalist Georgina Quach.
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Vietnam plays an important role in Southeast Asia’s economic growth and is a key partner of her country in realising the shared vision of a peaceful, stable, and prosperous region, said Robyn Mudie, First Assistant Secretary of Office of Southeast Asia (OSA) – Southeast Asia Regional and Mainland Division at Australia’s Department of Foreign Affairs and Trade (DFAT).
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The consumer index of the University of the Thai Chamber of Commerce (UTCC), fell to 51.7 in July from 52.7 in the previous month. The sluggish economy and the trade war, as well as high living costs, continue to undermine confidence, the university said.
Deputy Speaker of the Hungarian National Assembly Istvan Jakab expressed his hope for further deepening Hungary’s ties with ASEAN countries and called for their support for Hungary’s accession to the Treaty of Amity and Cooperation in Southeast Asia.
The 30-storey tower crumbled seconds after a 7.7-magnitude earthquake hit neighbouring Myanmar on March 28. The partially built high-rise, meant to house the State Audit Office (SAO), was the only building in Thailand to collapse, killing 89 people on the site, mostly construction workers.
Indonesia’s waste generation is projected to exceed 50 million tonnes in 2025. Of the total, more than 20 million tonnes could potentially enter the ocean through rivers, coastal areas, small islands, ports, and marine activities, and thereby, pose a risk to coastal ecosystems and marine biota.
Indonesia is accelerating plans to increase lithium imports, particularly from Australia, in a bid to fill gaps in the electric vehicle (EV) battery supply chain and realise its ambition of becoming a global EV manufacturing hub.
Foreigners waiting to be tested in Son Tra District, Da Nang city (Source: asiatimes.com) 
