• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

CuBird

Culture & Tradition News

  • Home
  • About Us
  • Contact Us
  • Disclaimers
  • DMCA
  • Privacy Policy
  • Submit your story
You are here: Home / How Vietnam’s economy benefits from China’s pandemic policy

How Vietnam’s economy benefits from China’s pandemic policy

Vietnam was one of the few countries whose economy grew during the coronavirus pandemic in 2020. Many say this was due to early and rigorous action by the government and a zero-COVID strategy that kept case numbers low for a long time. However, in summer 2021, before the omicron variant changed how countries approached pandemic policy, the delta variant’s spread in Vietnam began to spiral out of control . As infection rates climbed, factories from international companies like Samsung, Apple, Nike and Zara were forced to close for weeks. Workers returned to their home villages in chaotic conditions. According to the World Bank, Vietnam’s annual economic growth fell to 2.58%. Vietnam decided to change its strategy and pushed ahead with a vaccination campaign, which had previously been neglected. Hanoi took a pragmatic approach and, unlike China, also used Western vaccines. “Vietnam got its act together relatively quickly, and that shows the adaptive capacity of the Vietnamese system,” Daniel Müller, manager at the German Asia-Pacific Business Association, told DW. Meanwhile, almost all coronavirus restrictions have been lifted in Vietnam. The risk of further lockdowns is low, said Dang Duc Anh, director of Vietnam’s National Institute of Hygiene and Epidemiology, according to Reuters news… Read full this story

  • Phase one deal benefits China, US and world
  • Economic slowdown will not change China environment policies: ministry
  • Maersk chief warns EU antitrust policy benefits China, U.S.
  • US-China trade deal forces firms to grow
  • Foreign exchange rates likely to rise amidst US-China trade war
  • Vietnam Aims to Grow its Economy by 7% This Year, Faster Than China
  • Vietnam’s debt-to-GDP ratio seen below 57% by 2021: HSBC
  • EuroCham suggests ways for Vietnam to utilize EVFTA
  • US hails Vietnam’s goodwill, criticizes China’s provocation over sea dispute
  • Connectivity is key to Vietnam’s deeper integration: WB
How Vietnam's economy benefits from China's pandemic policy have 291 words, post on www.dw.com at January 27, 2022. This is cached page on CuBird. If you want remove this page, please contact us.

Primary Sidebar

RSS Recent Stories

  • Remember Ukraine’s Holodomor as world hunger grows | Opinion
  • A Universal Basic Income worked in Wales and Finland – why not England?
  • Big Ekin-Su Energy: Why fans are praising the Love Island star
  • Scouts to rename ‘dinner ladies’ in update of style guide
  • Hank Goldberg, legendary South Florida radio host and ESPN analyst, dies at 82

Sponsored Links

Copyright © 2022 CuBird. Power by Wordpress.
Home - About Us - Contact Us - Disclaimers - DMCA - Privacy Policy - Submit your story