COVID-19 Impact Assessment: Analysis of the Potential Impacts of COVID-19 on Vietnamese Economy
PwC Legal Vietnam
11th June 2020
We have analysed the pandemic’s potential impact on the Vietnamese economy. Such an exercise is accompanied by a considerable level of uncertainty. Specifically, in the case of COVID-19, projections have been reviewed and re-adjusted every week since the start of the outbreak. Additionally, Vietnam’s economy is highly dependent upon other economies. As such, the scenarios and projections relating to the effects on the Vietnamese economy are also strongly correlated with the effects on other countries resulting from the COVID-19 outbreak.
The objective of this paper is to explore the potential impacts of the COVID-19 outbreak on the Vietnamese economy. Such an exercise is accompanied by a considerable level of uncertainty. Specifically, in the case of COVID-19, projections have been reviewed and readjusted every week since the start of the outbreak.
Additionally, Vietnam’s economy is highly dependent upon other economies. As such, the scenarios and projections relating to the effects on the Vietnamese economy are also strongly correlated with the effects on other countries resulting from the COVID-19 outbreak.
This paper covers the following parts:
Part I Vietnam’s Current Economic Prospects
Part II Sluggish Economic Prospects to Come in Vietnam’s Key Export Markets
Part III Selected Sectors Snapshot: Textiles/Garments and Consumer Electronics Manufacturing
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PwC Legal Vietnam
Vietnam
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