Macro Update - April's economic figures surge from low base
  • 2021-05-10T20:17:20
  • Macroeconomics
Resurgence of COVID-19 community spread. Vietnam reported 458 new cases of COVID-19 in the community from April 27 to May 10. Lockdowns have been implemented by clusters and not across the country. Given its successful experience of containing the spread, we believe Vietnam can quickly handle the new wave of COVID-19 while limiting the impact on the economy. Recovery in both global and domestic demand continued to enhance production. In 4M 2021, overall IIP and IIP of the manufacturing sector