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The Vietnamese Embassy in Thailand, in collaboration with the Thai Embassy in Hanoi, co-organised a webinar themed “Vietnam-Thailand economic cooperation in response to the COVID-19 pandemic” on September 23.

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Many businesses in the Southwest region have maintained production to ensure export growth, despite having to apply social distancing measures due to the COVID-19 outbreak.

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Foreign investment into Vietnamese startups is predicted to increase although the pandemic has left negative impacts on the economy.

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The fourth COVID-19 outbreak has forced 13 southwestern provinces into strict social distancing for a prolonged period of time. Despite facing many difficulties, enterprises have managed to maintain production and exports, and many provinces have even recorded export growth compared to 2020.

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The control of the Covid-19 pandemic in southern provinces is changing positively, meaning many businesses are preparing a safe production plan to recover as soon as possible.

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Textile, garment and footwear industries are still facing many difficulties due the COVID-19 pandemic, and unable to recover production and business in the short term.

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Difficulties surround most firms in the wood processing and export industry not completing the received orders or having to extend the delivery time.

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Government Resolution 105 dated September on supporting businesses, cooperatives and business households amid the Covid-19 pandemic has requested many agencies to perform to ensure smooth circulation of goods, and prevent supply chain disruption.

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More than 85,000 enterprises suspended operations in the first eight months of this year, an increase of 24.2 per cent over the same period in 2020 due to the impact of the COVID-19 pandemic. Therefore, local enterprises need to have measures on maintaining operation and developing a sustainable business.

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Localities should establish groups and teams for harvesting fish that could facilitate the issuance of travel permits in groups instead of individual travel permits amid the COVID-19 pandemic, Deputy Minister of Agriculture and Rural Development Trần Thanh Nam has said.

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