Impacts of COVID-19 on Firms in Vietnam, Report No. 1 : Results from the First Round of COVID-19 Business Pulse Survey
Vietnam reacted early to the spread of Coronavirus 2019 (COVID-19) by imposing social distancing measures and mobility restrictions, culminating in a national lockdown in April 2020. In order to understand the impact of COVID-19 on Vietnamese firms...
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| Language: | English |
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World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/565371601878996738/Results-from-the-First-Round-of-COVID-19-Business-Plus-Survey http://hdl.handle.net/10986/34580 |
| Summary: | Vietnam reacted early to the spread of
Coronavirus 2019 (COVID-19) by imposing social distancing
measures and mobility restrictions, culminating in a
national lockdown in April 2020. In order to understand the
impact of COVID-19 on Vietnamese firms, the business plus
survey (BPS) was implemented to access the various channels
of impact of the pandemic on firms, their adjustment
strategies, and public policy responses. The first round of
the BPS was conducted in June 2020 and collected responses
from 499 firms through a mix of phone and in-person
interviews. The survey results indicated that the lockdown
had a large temporary effect on the operational status of firms. |
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