It wrote thatVietnam effectively combated the pandemic thanks to the Government’s quick anddecisive action while public compliance with precautionary measures, includingsocial distancing, was adopted,
Factoriesfocused on building medical supplies, preventing health centres from lackingpersonal protective equipment and ventilators, it said.
According tothe article, Vietnam’s economy is resilient, expanding by 2.91 percent in 2020– one of the world’s highest growth rates – and is projected to grow by 6.5percent in 2021.
And beforeCOVID-19, the country has made significant progress in public financeintegration. The construction of these financial, external, and financialbuffers before the epidemic made Vietnam more resilient to shock.
COVID-19worsened their liquidity and soluble position by raising financial stabilityconcerns through bank exposure. The monetary, financial, and financial sectorpolicies implemented by the Government have helped reduce corporate defaultsand the immediate risks to the general public, it added./.