As we end the month of August, Vietnam has now gone four months of an uphill battle against its fourth wave of Covid cases, a battle that due to strict containment measures has shuttered the economy, disrupted supply chains and of course uprooted people’s livelihoods. Unfortunately, the light at the end of the tunnel is still not appearing as covid cases continue to rise. Yet, we are hopeful that we are either at or very near the peak and that numbers will begin a steady downturn, restrictions steadily eased, and a sense of normalcy can return. One thing is certain […]
Vietnam is battling major Covid-19 outbreaks throughout the country as the Delta variant unleashes its havoc on a country that up until a few months ago had been mostly spared from the pandemic. Strict containment measures, mostly in the form of hard lock downs, have taken a major toll on the livelihoods of millions as economic activity shutters. In this update, which is in in collaboration with Vietnam Weekly, we are going to take a closer look at the economic impact of the current outbreak (Vietnam’s fourth wave which began in late April). COVID-19 comes for the economy In late April, Vietnam […]
The coronavirus is not yet a pandemic, but China is so key to the global economy that a Chinese “local epidemic event” is global in its ramifications.