While the COVID-19 pandemic has caused global economic impacts, Vietnam’s impressive effort to contain the domestic spread of COVID-19 has largely protected the country from the economic devastation seen in other countries. Although not cushioned completely from the blows of the pandemic, Vietnam is advantageously positioned as it looks towards economic recovery in the post-pandemic period.
In this analysis brief, Dr Chu Minh Thao examines how Vietnam's effective response to the pandemic, coupled with its economic policies of self-reliance, has saved its economic livelihood. Vietnam has become an attractive option as countries look to shift supply chains and foreign direct investment, and its support for trade liberalisation positions it well to speed up its economic recovery.
Dr Chu Minh Thao is Deputy Director at the Centre for Security and Development, Institute for Foreign Policy and Strategic Studies, Diplomatic Academy of Vietnam. She can be contacted at firstname.lastname@example.orgemail@example.com
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