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In the context of the COVID-19 pandemic, Vietnam has been getting a lot of
attention as it has managed to cage the outbreak with a sheer iron will, the
article said.
Vietnam is fast emerging as the preferred destination of multinational firms, it
stressed, adding that the Southeast Asian nation is revving up its economic
engine and has already restarted domestic tourism.
The IMF forecasts that Vietnam is likely to post economic growth 2.7 percent in
2020, while the World Bank has pegged it at 4.9 percent - far greater than
regional peers.
“Vietnam finds itself in a sweet spot today. It has contained COVID-19,
weathered most of the economic storm, and has the right ingredients to take full
economic advantage of the post-pandemic scenario”, the article said.
Foreign media also ran articles on the assessment of Vietnam’s success in
containing the spread of the virus and working for its economic recovery.
Axios.com said Vietnam was one of the first in the world to re-open with few
restrictions, and it was already enjoying a flood of foreign investment.
Meanwhile, Channelnewsasia (CAN) said the COVID-19 pandemic is a test for all
systems in Vietnam, and the country passed it with excellent results.
From the success of Vietnam, the Brookings Institution has made a series of
suggestions on how to change the development strategy so that it not only grows
faster but also achieves better achievements.
Source: VNA
.jpg "Phu Quy Island starts peak tourism season")
