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The Economy That Covid-19 Could Not Stop

31.08.21 | Cuca Margoux

Trade and foreign investment helped Vietnam emerge from extreme poverty. Can they make it rich?

HAVING IMPRESSED the world by taming the virus last year, Vietnam is now in the middle of its worst outbreak of covid-19 by far. Parts of the country are in strict lockdown and a swathe of factories, from those making shoes for Nike to those producing smartphones for Samsung, have either slowed or shut down, disrupting global supply chains. Yet integration with global manufacturing has helped keep Vietnam’s economy humming during the pandemic.

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