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Vietnam is credited by the World Health Organization and others for its early and aggressive response to the virus that has slammed the brakes on the global economy.

Vietnam Records 5 Straight Days without Covid-19 Infections
Photo Credit: Reuters
By this Saturday morning, Vietnam has recorded 5 straight days without Covid-19 infections, and day 37 without community transmission of the virus.
The nation’s Covid-19 tally remained at 324 as updated Monday evening. Of these, 267 have recovered and 57 are active patients. Of the total number of infections to date, 184 are imported and the rest caused by community transmission. The last community transmission was recorded April 16.
There has been no Covid-19 death in Vietnam to date.
The most severe case is the patient no 91, this British patient was transferred from the HCMC Hospital for Tropical Diseases to Cho Ray Hospital Friday evening for the treatment of pneumonic plague. He was confirmed free of the novel coronavirus following seven negative tests since May 7.
Vietnam is credited by the World Health Organization and others for its early and aggressive response to the virus that has slammed the brakes on the global economy.
In the latest report, World Bank showed belief that Vietnam’s strong economic fundamentals will help Vietnam to control the Covid-19 and speed up the economic recovery.
Yesterday, the Prime Minister Nguyen Xuan Phuc hold the interview with some international journalist. During the interview, Phuc gave out the prediction that Vietnam’s economy can grow 4-5% this year. This expectation is quite rosy if compared to the 3.6% GDP growth rate and 2.7% GDP growth rate as from the predictions of  Maybank KimEng and International Moneytary Fund (IMF).
In the big cities, restaurants, retailers and all other kinds of businesses are allowed to open, except for karaokes and pubs. However, when the job prospects remain dim in the export dependent economy, comsumers opt not to take revenge shopping even when they are freed from the lockdown.
According to the information shared by some big supermarkets, the retail sales has gone up but not too strong and mostly customers choose to buy the essential items. In the luxury segment, the sales is still endlessly going down. 
In the tourism sector, there have been some better signs as many people travel domestically after the Covid-19 pandemic. Some hotels in Da Nang, Nha Trang reported the hotel occupancy rate of more than 60% and even almost 90% during some high season weekends. 

DIEP NGUYEN