Overview

/4th wave of the outbreak (05/2021)

Since the first COVID-19 infected case was confirmed in January 2020, Vietnam is now at the 4th wave of COVID-19 outbreak as the whole world is fighting against the unprecedented pandemic. Throughout the first year of the outbreak, Vietnam was recognized as one of the few countries in the world that witnessed positive economic growth, eventhough it was much smaller than normal higher growth rate that Vietnam had been possessing before 2020.

However, as the world is half-way into the second year of this so-called “new normal”, many heavily affected countries have managed to implement a fast and wide vaccination program in hope to achieve herd immunity and bring back the “old normal” of free movement as soon as possible. Meanwhile, Vietnam is somehow struggling with its 4th wave of the pandemic with rapid increase in the number of community-spread infected cases. Whether or not the newly developed types of vaccine would show effective result any time soon, and whether or not Vietnam would be able to handle this harsh wave as effectively as it did in the past without hurting the economic activities, it is still a question left without concrete answer at this point of a historic time.

The size of Vietnam’s e-commerce sector in 2018 was estimated at $8.06 billion, up 30% from the previous year, according to a white paper published by the Department of E-Commerce and Digital Economy of the Ministry of Industry and Trade. The growth rate has been rising dramatically in the past three years, compared to 23% and 24% respectively in 2016 and 2017 (Nhandan, 2019). White Book stated that nearly 39.9 million Vietnamese consumers purchased consumer products online in 2018, contributing $1.2 million of sales of products.

As of May 3rd, 2020 | Consolidated by B&Company Vietnam & BEAN Survey team

By 20th April 2020, more than 200 countries have been fighting against COVID-19 outbreak, with most countries applied nationwide closures (Source: WHO). This incident has heavily impacted more than one billion students, or over 90% of the world’s student population according to UNESCO’s estimation. Facing this unprecedented event, governments, schools, teachers and students have found ways to stay positive for education and keep learning. The most widely used alternative form of on campus study during this time of uncertainty is online learning.

Read More “E-learning in Vietnam before and after COVID-19 outbreak”

Due to the COVID-19 outbreak and followed Vietnamese Government’s policy to practice social-distancing during this peak time, most of the team at B&Company Vietnam will work from home starting on March 24, 2020 until further notice. Read More “We are still open!”

As of March 11, 2020 | Consolidated by B&Company Vietnam & BEAN Survey team
The COVID-19 outbreak has disrupted the lives of hundreds of millions of people worldwide only 2 months after the first case was found in Wuhan (China), creating uncertainty for the whole world. Since the mechanism of this virus has not been fully understood, no one could be sure until when the epidemic would last, let alone the consequent increase of economic instability. Read More “An overview of COVID-19 outbreak affecting on Vietnamese social-economy”

Since the first case found in Wuhan (China) at the end of 2019, the COVID-19 outbreak has affected the daily life and social-economic activities of millions of people around the world in many aspects. As a country with borderline with China, Vietnam, with its high population density and a relatively vulnerable healthcare system, has great pressure and concern with the affects of this ongoing outbreak which is recently announced “a pandemic” by the WHO. Read More “[Insight Survey] How Vietnamese people respond to COVID-19 outbreak”