Synopsis
On April 23, Vietnam was the first country in Southeast Asia to begin easing lockdown measures after successfully controlling the spread of COVID-19. While many economies around the globe are roiling from the pandemic, Vietnam’s Prime Minister has set a growth target of around 5 per cent this year. This appears to be an ambitious target compared to the IMF’s projections of 2.7 per cent growth, although lower than the 2019 growth rate of 7 per cent.
Even before the pandemic, many were optimistic on Vietnam’s economic prospects. The US-China trade war had fanned investor interest in Vietnam. Companies had already begun shifting some of their production away from countries like China, in order to diversify their manufacturing base. The Covid-19 pandemic and the disruption of supply chains appears to accelerate this trend?
- What was the impact of COVID-19 on Vietnam’s economic sectors and what is the assessment of the government’s response?
- What are the expected drivers of economic growth in Vietnam and how will authorities balance health concerns?
- How will international relations affect Vietnam’s growth targets, especially with the shift in supply chains and Vietnam’s role as ASEAN Chair?
Speaker
- Dr. Can Van Luc, Chief Economist, Bank for Investment and Development of Vietnam (BIDV)
- Mr. Doan Huu Duc, Founder and CEO, Vietnam Consulting Group
Event Details:
Topic: Life after Lockdown – Reopening Vietnam’s Economy
Date: Wednesday, 10th June 2020
Time: 12:00pm – 1:00pm (Webinar broadcast opens at 11:55am; Webinar commences at 12:00pm.)
Programme:
11:55am Webinar broadcast opens
12:00pm Introductory Remarks by Ms. Seraphim Cheong
12:05pm Opening Remarks by Associate Prof. Simon Tay
12:10pm Remarks by Speakers on Life after Lockdown – Reopening Vietnam’s Economy
12:30pm Discussion and Q&A Session
12:55pm Closing Remarks
1:00pm Webinar Ends
Registration:
This webinar is open to public. If you wish to express your interest in joining the talk, please kindly email us at events@www.siiaonline.org.