The Impact of the COVID-19 Pandemic on Socio-Economic Development: a Case Study of Tourism Services, Textile and Garment industry in Vietnam
- DOI
- 10.2991/assehr.k.201105.079How to use a DOI?
- Keywords
- COVID-19 pandemic, supply chain, sourcing overseas, foreign supplier, import dependence, import substitution
- Abstract
The article provides an overview and analysis of the unprecedented impacts of the COVID-19 pandemic outbreak on Vietnam’s economy at the current time; examines the need to reshape supply chains (SCs) and markets in the context of the unpredictable fluctuations of a changing world and the long-lasting pandemic effects. The Vietnamese government’s response is described as overall financial measures to help businesses and people stabilize their lives and maintain production. Methods of data synthesis and analysis is applied to clarify the status and dependence of Vietnamese industries and services on global markets in the globalization process, using empirical case study of tourism services and Vietnam’s textiles and garments industry (VTGI), which are two key sectors of the Vietnam’s economy. The individual views expressed by the authors during the discussion can be helpful for making appropriate policies and decisions.
- Copyright
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Thanh Binh Dao AU - G.A. Barysheva AU - Bich Ngoc Tran Thi PY - 2020 DA - 2020/11/06 TI - The Impact of the COVID-19 Pandemic on Socio-Economic Development: a Case Study of Tourism Services, Textile and Garment industry in Vietnam BT - Proceedings of the Research Technologies of Pandemic Coronavirus Impact (RTCOV 2020) PB - Atlantis Press SP - 439 EP - 446 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.201105.079 DO - 10.2991/assehr.k.201105.079 ID - BinhDao2020 ER -