High mobility and recovery a boost for Vietnam's economy

  • Vietnam
  • Tuesday, 02 Jun 2020

A couple has pre-wedding photos taken in Hoi An on May 24. Vietnamese citizens are encouraged to travel within the country to support its economy post-pandemic. — Vietnam News

HANOI (Vietnam News/ANN): Vietnam's economy is bouncing back fast after Covid-19 thanks to its high rate of mobility, according to Canada-based data visualisation agency Visual Capitalist.

With high mobility and high recovery as social distancing orders have been eased since mid-April, the country is seen to be regaining its momentum and kick-starting economic activities.

According to Visual Capitalist, high rates of recovery lead to the removal of restrictions, allowing people to go back to work.

As of Monday afternoon, Vietnam earned a recovery rate of 85 per cent with 328 confirmed cases including 279 patients given the all-clear. Its mobility rate tops the world at slightly under 20 per cent, meaning people can now go to the office and travel quite freely within the country in a “new normal”.

New Zealand is ranked first in Visual Capitalist’s chart for its swift and efficient responses which curtail the total tally of infection and bring a 98 per cent recovery rate.

The US, the world’s worst-hit country by Covid-19, is classified as low mobility and low recovery for reporting over 1.7 million cases.

Some states, however, have shown expectations to gradually lift restrictions on social and business activities which may lead to the second wave of infections, according to Visual Capitalist.

As of Sunday, Vietnam racked up its 45th consecutive day without community spread of the coronavirus, with only a few reported cases as the country is bringing home Vietnamese overseas on a limited number of specially-arranged repatriation flights.

The country received some 340 citizens returning from Singapore on Sunday. — Vietnam News/Asia News Network

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Vietnam , economy , covid-19 , recover


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