官方APP下载:英语全能特训(微信小程序版,支持苹果手机、安卓手机)
创办于2003年
UNSV记不住?那就记中文谐音“忧安思危”吧!
  Slow and Steady Wins the Race!
UNSV英语学习频道 - Slow and steady wins the race!
公众微信服务号
英语全能特训(微信公众服务号)
UNSV英语学习频道淘宝网店
客服短信:18913948480
客服邮箱:web@unsv.com
初级VIP会员
全站英语学习资料下载。
¥98元/12个月

Vietnam's Economic Hopes Fade as COVID-19 Takes Away Business

阅读次数:


VIP会员专享下载:(非VIP会员无权下载!如果想下载,但还不是VIP会员,请点此订购
下载方式:使用鼠标右键(注意是鼠标右键!)点击下面的MP3音频/MP4视频链接,然后选择“另存为…”。
MP3节目录音 MP3节目录音 
文章原文
同步字幕

Vietnamese officials have lowered expectations for their country's normally fast-growing economy in 2020. The officials noted that weakness in the international economy has reduced demand for exports and international travel.

Vietnam's $260 billion economy has grown 6 percent or more each year since 2012 because of an increase in manufactured exports. Vietnamese officials say the economy will grow just 2 percent in 2020. That is down from an earlier target of 2.5 percent. The Asian Development Bank estimates that the economy will expand at a rate of just 1.8 percent this year.

Experts say measures taken around the world to contain COVID-19 have reduced orders to Vietnamese factories that make shoes, clothing and furniture.

Stay-at-home rules in Western countries are keeping people away from physical stores. Business closures in those countries have left people out of work and less likely to buy non-essential goods.

Frederick Burke is a partner with the law office Baker McKenzie in Ho Chi Minh City. He told VOA, "The rule is that those light industrial goods are weak, the exports orders are down and there's reports of a lot of unemployment in the factory sector in the [Vietnamese] provinces."

Vietnamese factories that make electronic products still get orders from companies that sell overseas to people working or studying at home. However, most factories that make non-essential goods are failing, Burke said.

For example, one Vietnamese factory operated by a Taiwan-based company dismissed 150 workers earlier this year. That information comes from the nonprofit Business & Human Rights Resource Centre.

Vietnam has closed its borders to limit the spread of COVID-19. The border closure is stopping investors from making trips that would help them expand. They would normally travel to Vietnam from Japan, Singapore, South Korea and Taiwan to search for new places to manufacture goods.

Jack Nguyen is a partner with Mazars, a business advisory service, in Ho Chi Minh City. He said that Vietnam's tourism industry has also been badly affected by the restrictions on travel. Foreign tourism usually makes up 6 percent of the Vietnamese economy.

"Things will only pick up only when the borders are open and there's no quarantine requirements," Nguyen said. "Who knows when that's going to be."

Experts say a COVID-19 outbreak earlier in Danang, followed by the start of the school year, has reduced travel within Vietnam. Some of the country's hotels are up for sale as a result, Nguyen noted.

The Ministry of Planning and Investment says it could take as long as four years for the world economy to recover from the effects of COVID-19. The ministry set a 2021 growth target of 6 percent to 6.5 percent, down from an earlier goal of 7 percent.

However, foreign investors in the country are not looking elsewhere. Frederick Burke said that those investors believe Vietnam's economy will survive the effects of the coronavirus health crisis.

Ralf Matthaes is founder of the Infocus Mekong Research group in Ho Chi Minh City. He says Vietnam's government "has proven to the world thus far that it can protect its borders from the invasion of a pandemic and create a desirable atmosphere for investment." He added that that is something most other Asian nations cannot say.

I'm Jonathan Evans.

Ralph Jennings reported on this story for VOANews.com. Jonathan Evans adapted his story for Learning English. George Grow was the editor.

Words in This Story

furnituren. chairs, tables, beds, etc., that are used to make a room ready for use

non-essentialadj. not necessary

outbreakn. a sudden start or increase of fighting or disease

quarantinen. the period of time during which a person or animal that has a disease or that might have a disease is kept away from others to prevent the disease from spreading

sectorn. an area of an economy; a part of an economy that includes certain kinds of jobs

tourismn. the business of providing hotels, restaurants, entertainment, etc., for people who are traveling

网友的学习评论(0条):
版权所有©2003-2019 南京通享科技有限公司,保留所有权利。未经书面许可,严禁转载本站内容,违者追究法律责任。 互联网经营ICP证:苏B2-20120186
网站备案:苏公网安备 32010202011039号苏ICP备05000269号-1中国工业和信息化部网站备案查询
广播台