Productive, diversified private sector key to growth

Vulnerable economy: An alley is blocked with trash cans and a Vietnamese flag in Vung Tau, near Ho Chi Minh city. The latest wave of Covid-19 infections since July has dealt a severe blow to business and employment in the country. — AP

HANOI: As Vietnam moves toward recovery, the development of a productive and diversified private sector will become more imperative given scarce public resources, international experts have recommended.

Vietnam has demonstrated leadership and swift action in containing the virus since it broke out in early 2020 which made it one of the few countries in the world to register positive growth last year.