The COVID-19 pandemic which broke out over two years ago has dealt a heavy blow to the global economy, whilst the Vietnamese economy, which boasts a high level of openness, has also suffered profound consequences.

There is no better time than now for APEC members to revive work on integrating the Asia-Pacific and bringing new energy to the long-term prospect of a Free Trade Area of the Asia-Pacific (FTAAP).

Vietnam's ongoing economic recovery after being negatively affected by the COVID-19 pandemic for two years can be put down to the Government's efforts to create optimal conditions for local businesses to resume normal operations in line with safe pandemic control conditions.

A spate of lockdowns in Shanghai and other Chinese cities is piling severe pressure on transport and logistics across the country, exacerbating the economic fallout of the government’s commitment to its zero-Covid policies as cases continue to soar to record levels.

China's most extensive COVID-related lockdown in two years is underway in Shanghai, as the city of 26 million people undergoes a series of phased shutdowns to test a growing outbreak of the coronavirus.

The Government has issued a resolution on socio-economic recovery and development programme, and the implementation of the National Assembly’s resolution on fiscal and financial policies in support of the programme.

The COVID-19 pandemic caused global investment activities to fall – due to economic uncertainties, lockdowns, supply chain disruptions and postponement of investment by multinational enterprises.

If this return is to be resilient and long-lasting, a range of changes to business practices and relationships may have to be realised.

Global goods trade is slowing after a sharp rebound following the initial shock of the COVID-19 pandemic.

As the fourth wave of COVID-19 is brought under control in Việt Nam, the billion-dollar textile and garment industry is overcoming difficulties to resume production.