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COVID-19 woes to weigh on credit growth even with lower interest rates
Vietnam’s credit growth is forecast to slow to only 8 percent in 2020 from 13.7 percent last year due to a sharp slowdown in economic activity amid the COVID-19 pandemic.
Chance emerges for Vietnam's more inclusive growth path: ILO
Despite difficulties brought by the COVID-19 pandemic, an opportunity is emerging for Vietnam to build the foundations of a more inclusive growth path, which leaves no one behind once recovery begins, according to the ILO in Vietnam.
ADB: Vietnam to lose 0.41 percent of GDP due to COVID-19
Vietnam is forecast to lose some 0.41 percent of GDP due to the novel coronavirus (COVID-19) outbreak, according to the latest report by the Asian Development Bank (ADB).
