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 […]
As Vietnam continues to battle major Covid-19 outbreaks throughout the country, strict lock-downs have been extended, with Ho Chi Minh City extending its current lock-down for at least one more month. Unfortunately, despite strict containment measures and a rapid vaccination roll-out program, the country is making limited headway against the Delta variant in this fourth wave of Covid cases in Vietnam. Here is Access Asia’s Monday update on the situation in collaboration with Vietnam Weekly, a subscription-based publication covering current affairs in Vietnam. Data update Last Thursday night, this outbreak’s COVID-19 case total was 242,552, with 152,561 active infections. Those figures […]
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. Here is Access Asia’s Monday update in collaboration with Vietnam Weekly, a subscription-based publication covering current affairs in Vietnam. The latest data Last Thursday night, this outbreak had accounted for 185,004 cases of community transmission, a figure that is now 206,439 (135,462 of which are active). In a concerning development yesterday set a new single-day case record, 9,684. Vietnam had gone over a week without breaking any records. […]
Vietnam has made headlines in 2021 for a recent solar boom that pushed it into the top global solar-power rankings in the space of months late last year.
China has a significant lead on EVs compared to Southeast Asia, where moves to embrace and capitalize on the opportunities offered by green vehicles remain nascent. All the same, signs of catchup are evident throughout the region.
Vietnam is emerging as a regional winner as a tempestuous 2020 becomes history and the world looks ahead to 2021.
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.
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.
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).