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/).

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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  -