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The short-term impact of coronavirus outbreak (i.e., 2019-nCov) on Vietnam's economy could be significant, as high 6-10 percent of monthly output, but short-lived if the outbreak is rapidly contained. While the recent measures by the Government to limit the mobility of people, goods, and...
Persistent link: https://www.econbiz.de/10012647138
Because of the growing economic costs associated with the coronavirus epidemic, many Governments announced a set of new policy measures aimed at mitigating the potential impacts. This note aims to support the Vietnamese Government in its effort to design and implement the most cost-effective...
Persistent link: https://www.econbiz.de/10012647139
With rising global health and economic concerns, Vietnam economy is expected to be significantly affected, even though the COVID 19 health crisis has been so far contained, with only 240 cases of infected people and no registered death as of early April. The World Bank's GDP growth forecast for...
Persistent link: https://www.econbiz.de/10012647140
COVID-19 has caused an unprecedented shock to the global economy. While Vietnam has shown resilience, the pandemic has resulted in a supply shock as regular work and supply chains are disrupted. It has also caused a demand shock as people cut back their consumption of several services and...
Persistent link: https://www.econbiz.de/10012647141