WB economist calls Vietnam ‘a bright star’ in COVID-19 fight
| |
Streets in Hanoi have become crowded again after the Government eased social distancing measures in late April, 2020. |
Based on a series of statistics including the local GDP still expanding 3.8% in the first quarter of 2020, the economist realised the Vietnamese economy has been “extremely resilient during these unusual rough time.”
He attributed the reasons behind the success to the Government’s smart policies, saying: “The quality of the Vietnamese government’s COVID-19 response has been a combination of foresight and pragmatism.”
In conclusion, he wrote: “In the face of adversity, Vietnam has been able to tap a long tradition of preparing for the worst while staying flexible to adopt crucial reforms and transition toward the new normal. This combination of foresight and pragmatism has been applied in the COVID-19 crisis with considerable success.”
Morisset also said he hopes that such experience “can help other countries that have been much less well-prepared for the crisis.”
Vietnam recorded no COVID-19 cases on June 2 morning, marking 47 days in a row without new infections in the community, according to the National Steering Committee for COVID-19 Prevention and Control.
Related News
The WB highlights a series of challenges, the banking system must enhance resilience
13:57 | 25/08/2023 Finance
Challenges persist for Vietnam"s growth: WB report
14:50 | 21/06/2023 Headlines
Australia, WB extend partnership to support Vietnam"s development
14:16 | 15/06/2023 Headlines
Risk management should be applied in many areas
08:37 | 16/04/2023 Import-Export
Latest News
Forum to discuss new initiatives on ASEAN future vision: Deputy FM
15:13 | 22/04/2024 Headlines
Investors play a key role in developing the industrial park system
10:38 | 22/04/2024 Headlines
Green transformation and ESG practice to participate in the global competition
18:11 | 21/04/2024 Headlines
Factors influencing Vietnam’s FMCG market
18:06 | 21/04/2024 Headlines
More News
Shrimp exports to major markets bounce back
17:57 | 21/04/2024 Headlines
Quang Ninh aims to become international tourism hub
17:56 | 21/04/2024 Headlines
Measures sought to boost Vietnam - Russia digital economic cooperation
17:43 | 20/04/2024 Headlines
Vietnam becomes biggest rice supplier for Singapore
17:39 | 20/04/2024 Headlines
New fulcrums for economic growth
13:28 | 20/04/2024 Headlines
Opportunity for a high open economy like Vietnam
15:56 | 19/04/2024 Headlines
Cooperation with Vietnam among EU’s priorities in Indo-Pacific: official
15:55 | 19/04/2024 Headlines
Overseas remittances to HCM City record highest increase in three years
17:38 | 18/04/2024 Headlines
Vietnam, UK sign new agreement on illegal migration
17:35 | 18/04/2024 Headlines
Your care
Forum to discuss new initiatives on ASEAN future vision: Deputy FM
15:13 | 22/04/2024 Headlines
Investors play a key role in developing the industrial park system
10:38 | 22/04/2024 Headlines
Green transformation and ESG practice to participate in the global competition
18:11 | 21/04/2024 Headlines
Factors influencing Vietnam’s FMCG market
18:06 | 21/04/2024 Headlines
Shrimp exports to major markets bounce back
17:57 | 21/04/2024 Headlines