Vietnam looks for economic rebound


Back in business: Women wearing face masks ride past the Opera House in Hanoi. The crackdown appears to have paid off. With just 270 infections and no official virus-related deaths, Vietnam is easing lockdown rules in most of the country, allowing some businesses to reopen. — AFP

HANOI: Vietnam flattened its coronavirus infection curve with a sledgehammer, and after some early success, it’s now starting to open up its economy again.

When two visitors from neighbouring China emerged as Vietnam’s first cases in late January, the Communist Party-led government began imposing controls that would have been difficult in many democratic countries.

Over subsequent weeks it banned virtually all domestic and international flights, ordered pharmacies to report customers buying cold medicine and quarantined more than 100,000 people in military camps, hotels and closely monitored homes.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Vietnam , economic , rebound , lockdown , financial crises ,

   

Next In Business News

Trading ideas: Al-'Aqar REIT, Pantech, AirAsia X, Inta Bina, Khee San, Infoline, Heineken, Agricore
Eupe fourth-quarter profit rises 29%
Meta projects higher spending, weaker revenue
Buyout proposal for Anglo American could reshape copper market
A test bed for airline subscription model
Pantech seeks to list steel pipe units
AI memory boom propels SK Hynix’s numbers
Battery stocks’ rally in India likely to extend
Congo accuses Apple of using ‘blood minerals’ from war-torn east
Higher earnings for Pavilion-REIT

Others Also Read