Vietnam winning virus war, exports on the rise

Vietnam due to its early and no-nonsense response to the coronavirus pandemic seems to be on the best way of winning the fight against the disease, giving the country the opportunity of opening its economy and eventually return to “normal.”

The nation of nearly 100 million people bordering China has reported no coronavirus case for almost two weeks now. The Covid-19 prevention and control team of the government said the number of cases remained unchanged for the 13th consecutive day on April 29, state-run Vietnam News Agency reported. As per government figures, 270 cases have been confirmed in Vietnam by that day, with no deaths and 222 recovered. Nearly 213,000 people have been tested since the first cases emerged in January.

After the first cases were confirmed in Ho Chi Minh City on January 23, authorities wasted no time in banning public gatherings of more than 20 people and closed down businesses such as bars and massage parlours. In the capitol Hanoi, non-essential services were barred from opening earlier than 9am local time to reduce morning traffic and commuter density. International arrivals have been barred and those allowed to enter undergo a mandatory quarantine period.

However, restaurants, pharmacies, petrol stations and grocery stores have been allowed to maintain normal operations. Academic activities, which were halted in early February, are now slowly resuming, with high schools reopening in 30 of 57 provinces earlier this week.

Exports on the rise from January to April

Meanwhile, Vietnam saw the value of exports rising 4.7 per cent to nearly $82.9 billion in the first four months of the year despite the coronavirus woes, the country’s general statistics office said on April 29.

Most of the export goods were phones and phone components, up 1.1 per cent, electronic goods, computers and components, up a whopping 28.6 per cent, as well as footwear, up 1.3 per cent in the period. Most of the exports went to the US, followed by China and the European Union.

As a side effect, a surge in global demand has enabled Vietnam to export over 415 million face masks for $63.2 million from January to mid-April, according to Vietnam Customs data.

Businesses in Vietnam are cautiously optimistic about the near future, with the most common economic scenario being a poor second quarter and then a sharp return in the third and fourth quarter, provided a sustainable containment of the virus.



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Vietnam due to its early and no-nonsense response to the coronavirus pandemic seems to be on the best way of winning the fight against the disease, giving the country the opportunity of opening its economy and eventually return to “normal.” The nation of nearly 100 million people bordering China has reported no coronavirus case for almost two weeks now. The Covid-19 prevention and control team of the government said the number of cases remained unchanged for the 13th consecutive day on April 29, state-run Vietnam News Agency reported. As per government figures, 270 cases have been confirmed in Vietnam by...

Vietnam due to its early and no-nonsense response to the coronavirus pandemic seems to be on the best way of winning the fight against the disease, giving the country the opportunity of opening its economy and eventually return to “normal.”

The nation of nearly 100 million people bordering China has reported no coronavirus case for almost two weeks now. The Covid-19 prevention and control team of the government said the number of cases remained unchanged for the 13th consecutive day on April 29, state-run Vietnam News Agency reported. As per government figures, 270 cases have been confirmed in Vietnam by that day, with no deaths and 222 recovered. Nearly 213,000 people have been tested since the first cases emerged in January.

After the first cases were confirmed in Ho Chi Minh City on January 23, authorities wasted no time in banning public gatherings of more than 20 people and closed down businesses such as bars and massage parlours. In the capitol Hanoi, non-essential services were barred from opening earlier than 9am local time to reduce morning traffic and commuter density. International arrivals have been barred and those allowed to enter undergo a mandatory quarantine period.

However, restaurants, pharmacies, petrol stations and grocery stores have been allowed to maintain normal operations. Academic activities, which were halted in early February, are now slowly resuming, with high schools reopening in 30 of 57 provinces earlier this week.

Exports on the rise from January to April

Meanwhile, Vietnam saw the value of exports rising 4.7 per cent to nearly $82.9 billion in the first four months of the year despite the coronavirus woes, the country’s general statistics office said on April 29.

Most of the export goods were phones and phone components, up 1.1 per cent, electronic goods, computers and components, up a whopping 28.6 per cent, as well as footwear, up 1.3 per cent in the period. Most of the exports went to the US, followed by China and the European Union.

As a side effect, a surge in global demand has enabled Vietnam to export over 415 million face masks for $63.2 million from January to mid-April, according to Vietnam Customs data.

Businesses in Vietnam are cautiously optimistic about the near future, with the most common economic scenario being a poor second quarter and then a sharp return in the third and fourth quarter, provided a sustainable containment of the virus.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

 

 

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