Impacts of COVID-19 on Firms in Vietnam, Report No. 2 : Results from the 2nd Round of COVID-19 Business Pulse Survey

Impacts of COVID-19 on Firms in Vietnam, Report No. 2 : Results from the 2nd Round of COVID-19 Business Pulse Survey

Vietnam reacted early to the spread of COVID-19 by imposing social distancing measures and mobility restrictions. Firms are recovering on average with further reopening and lower revenue loss. Firms also reported lower incidence of reduced hours worked, reduced demand, and input disruptions. Howeve...

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Bibliographic Details
Main Authors: Tan, Shawn, Tran, Trang
Format: Brief
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
CORONAVIRUS
COVID-19
PANDEMIC IMPACT
BUSINESS SURVEY
REVENUE LOSS
SALES REVENUE
EMPLOYMENT
Online Access:http://documents.worldbank.org/curated/en/515951607058686659/Impacts-of-COVID-19-on-Firms-in-Vietnam-Results-from-the-Second-Round-of-COVID-19-Business-Pulse-Survey
http://hdl.handle.net/10986/34902
id okr-10986-34902
recordtype oai_dc
spelling okr-10986-349022021-04-23T14:02:11Z Impacts of COVID-19 on Firms in Vietnam, Report No. 2 : Results from the 2nd Round of COVID-19 Business Pulse Survey Tan, Shawn Tran, Trang CORONAVIRUS COVID-19 PANDEMIC IMPACT BUSINESS SURVEY REVENUE LOSS SALES REVENUE EMPLOYMENT Vietnam reacted early to the spread of COVID-19 by imposing social distancing measures and mobility restrictions. Firms are recovering on average with further reopening and lower revenue loss. Firms also reported lower incidence of reduced hours worked, reduced demand, and input disruptions. However, the extent of sales drop is still extensive (-36% relative to last year) and net employment has not recovered, staying significantly below the January level. 2020-12-08T18:23:59Z 2020-12-08T18:23:59Z 2020-11 Brief http://documents.worldbank.org/curated/en/515951607058686659/Impacts-of-COVID-19-on-Firms-in-Vietnam-Results-from-the-Second-Round-of-COVID-19-Business-Pulse-Survey http://hdl.handle.net/10986/34902 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Brief East Asia and Pacific Vietnam
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic CORONAVIRUS
COVID-19
PANDEMIC IMPACT
BUSINESS SURVEY
REVENUE LOSS
SALES REVENUE
EMPLOYMENT
spellingShingle CORONAVIRUS
COVID-19
PANDEMIC IMPACT
BUSINESS SURVEY
REVENUE LOSS
SALES REVENUE
EMPLOYMENT
Tan, Shawn
Tran, Trang
Impacts of COVID-19 on Firms in Vietnam, Report No. 2 : Results from the 2nd Round of COVID-19 Business Pulse Survey
geographic_facet East Asia and Pacific
Vietnam
description Vietnam reacted early to the spread of COVID-19 by imposing social distancing measures and mobility restrictions. Firms are recovering on average with further reopening and lower revenue loss. Firms also reported lower incidence of reduced hours worked, reduced demand, and input disruptions. However, the extent of sales drop is still extensive (-36% relative to last year) and net employment has not recovered, staying significantly below the January level.
format Brief
author Tan, Shawn
Tran, Trang
author_facet Tan, Shawn
Tran, Trang
author_sort Tan, Shawn
title Impacts of COVID-19 on Firms in Vietnam, Report No. 2 : Results from the 2nd Round of COVID-19 Business Pulse Survey
title_short Impacts of COVID-19 on Firms in Vietnam, Report No. 2 : Results from the 2nd Round of COVID-19 Business Pulse Survey
title_full Impacts of COVID-19 on Firms in Vietnam, Report No. 2 : Results from the 2nd Round of COVID-19 Business Pulse Survey
title_fullStr Impacts of COVID-19 on Firms in Vietnam, Report No. 2 : Results from the 2nd Round of COVID-19 Business Pulse Survey
title_full_unstemmed Impacts of COVID-19 on Firms in Vietnam, Report No. 2 : Results from the 2nd Round of COVID-19 Business Pulse Survey
title_sort impacts of covid-19 on firms in vietnam, report no. 2 : results from the 2nd round of covid-19 business pulse survey
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/515951607058686659/Impacts-of-COVID-19-on-Firms-in-Vietnam-Results-from-the-Second-Round-of-COVID-19-Business-Pulse-Survey
http://hdl.handle.net/10986/34902
_version_ 1764481897644163072

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