Nepalese newswire peoplesreview.com.np on May 12 ran an article praising Vietnam’s decisive steps to minimise both health and economic outcomes from the COVID-19 pandemic.
Collecting samples for COVID-19 testing in Bac Giang province (Photo: VNA)
Hanoi (VNA) – Nepalese newswire peoplesreview.com.np
on May 12 ran an article praising Vietnam’s
decisive steps to minimise both health and economic outcomes from the COVID-19
pandemic.
It wrote that
Vietnam effectively combated the pandemic thanks to the Government’s quick and
decisive action while public compliance with precautionary measures, including
social distancing, was adopted,
Factories
focused on building medical supplies, preventing health centres from lacking
personal protective equipment and ventilators, it said.
According to
the 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 6.5
percent in 2021.
And before
COVID-19, the country has made significant progress in public finance
integration. The construction of these financial, external, and financial
buffers before the epidemic made Vietnam more resilient to shock.
COVID-19
worsened their liquidity and soluble position by raising financial stability
concerns through bank exposure. The monetary, financial, and financial sector
policies implemented by the Government have helped reduce corporate defaults
and the immediate risks to the general public, it added./.