Vietnam Covid-19 Update: July 28

Vietnam is continuing to see a major surge in Covid-19 cases after remarkable success in containing the virus up until the last few months. As the highly contagious Delta variant spreads throughout the country, a major short-coming has been the country’s slow vaccine roll-out program. Ironically this is mostly a result of Vietnam’s initial success in containing the virus in that the country was slow to place and prioritize vaccine orders as the situation was well under control until only recently. The following is Access Asia Group’s latest update on the situation in collaboration with Vietnam Weekly, one of the few […]

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Vietnam Weekly Update: July 26

After remarkable success in containing the Covid-19 pandemic from January 2020 to April 2021, the situation has turned in Vietnam as the Delta variant surges throughout many parts of the country. The worst hit is the country’s economic hub of Ho Chi Minh City, which will make the overall economic impact of this fourth wave significant. Strict lock-downs are significantly disrupting businesses and supply chains, while the socio-economic security of millions are at a risk level not seen for decades in Vietnam. Yet, the government’s containment policy is clear, strong and decisive (unlike many other countries, particularly in the West): Protecting public health […]

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Vietnam’s LNG-to-Power Transition

On December 14, the United States and Japan issued a joint statement in support of Vietnam’s energy transition through LNG utilization. The statement made it clear that liquified natural gas (LNG) was key to ensuring Vietnam’s energy security, while reducing air pollution and assisting in transitioning to a low-carbon future.

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Shifting Tides for Vietnam Offshore Wind

While energy demand is down globally – by approximately 5% in 2020, according to the International Renewable Energy Agency (IRENA) – renewable energy rollout will continue to grow this year, and nowhere is that more true than in Vietnam, which is undergoing an offshore-wind bonanza.

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Diversifying Supply Chains ‘Go South’

Shifts in regional supply chains that began as a trade war between the United States and China are being hastened this year by the coronavirus pandemic. Broadly speaking, this will result in slowdown in offshoring to China and a redistribution of manufacturing foreign direct investment (FDI) to the Association of Southeast Asian Nations (ASEAN).

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