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Two scenarios for Vietnam’s economy after the fourth Covid-19 wave

HSBC’s forecast for the country's GDP growth this year has been amended to 5.1 per cent, reflecting the severe impact of the latest Covid-19 outbreak.

Key for Vietnam's economic recovery

A fast vaccination roll-out will help Vietnam quickly re-open up its economy after the novel pandemic.

Vietnam economy will persist at least through the third quarter: HSBC

HSBC have recently trimmed Vietnam’s 2021 growth forecast from 6.6 per cent to 6.1 per cent, reflecting the impact of the recent outbreak. That said, once Vietnam is able to contain Covid-19, it should regain its momentum quickly.

World Bank approves $321 million programs to support Vietnam’s recovery efforts

It includes two operations designed to support the central government and Ho Chi Minh City in their efforts to improve urban management and promote a recovery that is inclusive, digitally transformative, and sustainable.

HSBC warns of real estate risks

HSBC expects rising housing prices to constrain the SBV’s ability to deliver any further rate cuts.

EuroCham suggests a public-private partnership to accelerate mass vaccination

With a vaccine-led approach, Vietnam can repeat its achievements in economic growth.

Covid-19 poses big challenges for US businesses in Vietnam

AmCham called Vietnam to ease its lengthy quarantine period for vaccinated travellers.

EuroCham calls for allowing companies to vaccinate staffs out of their own pocket

Four in five European business leaders agree that businesses should be able to inoculate their workforce, reducing the burden on the state budget while also helping to accelerate the government’s vaccination drive.

Secret from balance sheets of ‘Big 4’ banks

In per-labour-force terms, consumer debt even jumped from 41 per cent of income in 2013 to more than 100 per cent in 2020, according to HSBC.

Startups make use of opportunity amid Covid-19

Startups stand to benefit from an environment of the lower doing-business cost during the Covid-19 crisis, including cheap rental and access to talent at lower hiring costs.

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