DA NANG, VIETNAM – Western business leaders remain optimistic about Vietnam’s economic prospects despite a new surge of coronavirus cases that has prompted renewed lockdowns, especially in hard-hit neighborhoods in and around the central city of Da Nang. Vietnam had been one of the world’s most successful countries in containing the virus, with no new cases for 99 days until the new outbreak began on July 25. Since then there have been more than 900 new cases and 21 fatalities, prompting a new round of strict measures to contain the spread of the virus. “People are just staying at home and nobody is leaving the street, we had a blood test yesterday and a temperature check every morning and I cried a bit yesterday,” said Jessie Tran, a Vietnamese website designer living in one virus hot zone in Da Nang. Economists are warning that the outbreak could lead to a setback in the nation’s fairly rosy projections for short-term economic growth, according to Kenneth Atkinson, the founder of the international accounting firm Grant Thornton and vice president of the Tourism Advisory Board (TAB) in Vietnam. “I think it is too early to say but already one of the advisory committees… Read full this story
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