Economic experts believe that Vietnam’s retail market is going to witness a strong rebound of both supply and demand after a long period of "compression" because of the epidemic.
The facts that business environment will be more favorable, the pandemic will be well-controlled, and demand will be more enormous are the basis for start-ups and business expansion to boom in 2021.
According to the forecast of the Asian Development Bank (ADB), the growth momentum of Vietnam's economy will be maintained if the Covid-19 pandemic is controlled in the first half of 2020, and the economy will recover with the growth rate of 6.8% in 2021. Sharp decline On April 3, Asian Development Bank (ADB) released the Asian Development Outlook 2020 report (ADO 2020). In particular, this organization predicted that Vietnam's economic growth would decline sharply to 4.8% in 2020. The reason...