However, despite challenges, Việt Nam is seen a bright spot in a bleak picture of the world economy. The country is one of the 10 economies with the highest GDP growth in 2020.
Business closures hit a record high this year of 101,700, 13.9 per cent higher than last year, according to the General Statistics Office.
On August 8, the Association of Southeast Asian Nations (ASEAN) will celebrate the 53rd anniversary of its establishment. Along this remarkable growth journey, ASEAN has undergone significant transitions.
Japan's government prepared on Monday to extend its nationwide state of emergency to the end of May as it braces for a lengthy battle against the coronavirus pandemic.