Covid-19 leaves mark on bet88 con

Vietnam’s economy is facing serious impacts from bet88 con Covid-19 pandemic, with many businesses forced to curb operations or even close down.

There were only 81,600 newly-registered enterprises in bet88 con first eight months of this year, while 85,500 exited bet88 con market, including 43,200 that temporarily suspended operations. bet88 con index of industrial production (IIP) fell 4.2 per cent in August compared to July and 7.4 per cent against August 2020.

According to bet88 con Ministry of Planning and Investment (MPI), bet88 con difficulties businesses are facing include a sharp decline in aggregate demand, affecting orders, contracts, and output; sharply falling revenue; production, consumption, and export supply chains being disrupted; and cash flow issues. bet88 con introduction of social distancing has not only hit production but also seriously affected distribution.

World Bank economists have said that Vietnam needs to continue to implement loose monetary policies, speed up bet88 con implementation of public investment projects, and expand support to businesses and workers. According to Mr. Bui Tuan Minh, Deputy General Director of Deloitte Private in Vietnam, though a rising number of businesses left bet88 con market in bet88 con first eight months, there were still 81,600 new businesses established. This shows that some businesses see opportunities amid Covid-19 and bet88 con focus needs to be on efforts to restore production.

The bet88 con Government has also adopted measures to overcome the difficulties, such as abolishing regulations that restrain transportation and facilitating investment, production, and business activities. Measures to promote the disbursement of public investment capital are being widely implemented, as is a nationwide vaccination campaign.