This report documents and explores the early economic impacts of COVID-19 (coronavirus) on households and businesses in Vietnam, leveraging unique information collected by the World Bank COVID-19 household and firm monitoring phone surveys collected from June 2020 to March 2021.
Details
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Author
World Bank
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Document Date
2021/11/05
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Document Type
Report
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Report Number
164806
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Volume No
1
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Total Volume(s)
2
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Country
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Region
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Disclosure Date
2021/11/05
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Disclosure Status
Disclosed
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Doc Name
A Year Deferred - Early Experiences and Lessons from Covid-19 in Vietnam
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Keywords
access to formal finance; monitoring surveys; fiscal response; public health awareness; social protection system; corporate income tax; form of tax; million people; lack of awareness; impact on poverty; lack of capability; negative income shock; deaths per million; labor force survey; collateral for loan; private consumption growth; purchasing power parity; gap in access; foreign direct investment; extreme poverty line; public health response; poverty headcount rate; decline in poverty; average real wage; source income; source of income; health care use; form of credit; billion people; control of costs; income due; formal labor market; line of sight; changes in inequality; reduction in employment; Macro Poverty Outlook; international tourist arrivals; household income; coping strategy; personal network; informal worker; social assistance; large outbreak; income source; long-term impact; poverty projection; household expenditure; global poverty; new poor; Ethnic Minorities; new cases; relief package; adverse shock; increase poverty; income loss; income decline; employment impact; high share; social network; income index; population group; economic slowdown; social distance; female respondent; e-commerce platform; restaurant worker; government response; income poverty; business expectation; job loss; poor household; international border; industrial zone; manufacturing companies; economic recovery; other sectors; gini index; income support; Doing Business Reports; Poverty Measurement; lower rate; daily activity; welfare distribution; Cash Transfer; low consumption; household characteristic; labor share; employment elasticity; economic sector; individual characteristic; benefit target; government support; financial inclusion; negative shock; relief measure; measure of use; manufacturing production; economic shock; agricultural sector; geographic location; survey period; financial risk; household consumption; movement data; wage growth; household deposit; increasing inequality; administrative datum; simulation technique; survey data; tourism business; population issue; informal firms; preferential loan; health expenditure; emergency response; real gdp; sectoral performance; domestic tourism; first year; richer countries; good compliance; road blockage; containment policy; health measures; reducing inequality; detailed examination; forward looking; household poverty; weighted average; administrative capability; behavioral distortions; fiscal stability; eligible beneficiary; inflation concern; tax reduction; heavy reliance; distribution channel; fiscal support; cost control; new strain; eligibility conditions; disbursement mechanisms; tax payment; support policy; medium enterprise; trade union; education need; land rent; world population; early success; affected households; informal business; new technology; coping mechanism; Coping Mechanisms; informal labor; historical growth; release time; official estimates; primarily use; first wave; existing inequities; poverty trap; serious impacts; vulnerable group; agriculture sector; support system; lifetime earnings; daily life; macroeconomic outcome; digital service; adjustment strategy; senior operations; negative effect; adult work; work participation; political science; Cash flow; digital economy; wage worker; increasing share; aerial photography; Employment Change; unanimous approval; borrowing strategy; simulation approach; support measure; labor income; Health Workers; Public Spending; gender impact; senior citizen; survey respondent; employment loss; policy target; household earning; Financial Access; panel data; primary income; price level; wage income; employment adjustments; farming operation; liquidity issues; External Finance; crop price; population distribution; incidence curve; rural region; sales growth; agricultural business; income quintile; health specialist; reduced work; HD Practice
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Citation
World Bank
A Year Deferred - Early Experiences and Lessons from Covid-19 in Vietnam (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/826921633442977133/A-Year-Deferred-Early-Experiences-and-Lessons-from-Covid-19-in-Vietnam