The US and Eurozone’s economies could take until 2023 to recover from the impact of the COVID-19 coronavirus crisis. Vietnam has also prepared for 03 economic recovery scenarios. Regardless of which scenario will ultimately play out, the impact on the unemployment rate will be quite significant. Whatever the degree of the decline and the shape of the recovery, in all scenarios developed so far, the level of economic activity by the end of 2020 will be lower than at the end of 2019. With various sectors, especially in services, which may come to a standstill from March to possibly May, the forced contraction in consumer spending is very large. Many foregone services, such as travel and recreation, will create a permanent loss, meaning they will not be made up for through pent-up demand later in the year. This will temper the rebound. In other sectors, such as manufacturing and logistics, pent-up demand is more likely and the gap in economic activity levels may strongly narrow by the end of the year. However, the disruptions in supply chains can make a quick rebound more difficult because all links in the chain need to work again… What could you do to prepare your business, supply chains for those possible recovery scenarios in Vietnam? What are really the possible scenarios? Join this webinar to explore and stay ahead.

 

Time

Wednesday 13 May 8:00 a.m. - 9:00 a.m. Indochina Time (GMT+7)  

 

Language

English 

 

Speakers

Mr. Youssef Bouzoubaa, Project Manager

Mr. Andrea Tretti, Director

Mr. Julien Brun, Managing Partner 

 

Who should attend

This webinar is designed for business leaders, supply chains - logistics - procurement professionals.​

 

Stay updated

To stay updated with the Coronavirus situation for business actions: check out the CEL Real Time Dashboard

To catch up and know how others have been impacted by Covid-19, check out the Survey for Vietnam