Using a unique representative panel survey of Vietnamese enterprises in 2020, we find that the pandemic and associated government support package had a heterogenous impact across firms. The government support package, particularly tax cuts and deferrals, helped alleviate short term stress, but tight ineligibility criteria and cumbersome procedures impacted take-up. Econometric analysis suggests that the likelihood of accessing support was associated with firm size, with larger firms more likely to receive support compared to smaller firms, even after controlling for sector, firm ownership and financial health. Credit support was effective in alleviating liquidity constraints and allaying firm pessimism only for large firms. Interestingly, firms experiencing sales losses and those with lower pre-crisis productivity were more likely to resort to digitalization, suggesting that the pandemic could help narrow productivity gaps.
Western observers have long considered communism to be synonymous with Vietnam’s modern historical experience. Eager to make sense of the North Vietnamese victory in the Vietnam War, scholars and journalists have spilled much ink on the history of Vietnamese communists. But this preoccupation has obscured the diversity of ideas and experiences that defined Vietnam in the twentieth century, in which communism represented just one of many tendencies. Building a Republican Nation in Vietnam, 1920–1963, posits that republicanism shaped modern Vietnam no less profoundly than communism. Republicans championed representative government, the universal rights of man, civil liberties, and the primacy of the nation. These ideas infused the thinking of Vietnamese reformers, dissidents, and revolutionaries from the 1900s onward, including many men and women who went on to lead the struggle for independence. Republicanism was also one of the chief inspirations for the establishment of the Republic of Vietnam (also known as South Vietnam) in 1955. This interdisciplinary volume brings together eleven essays by historians, political scientists, literary scholars, and sociologists, who make use of fresh sources to study the development of republicanism from the colonial period to the First Republic of Vietnam (1955–1963). The introduction by coeditors Nu-Anh Tran and Tuong Vu critically analyzes the existing scholarship on the First Republic, explains how the concept of republicanism can illuminate developments in the Saigon-based state, and situates the regime in a comparative context with South Korea. Peter Zinoman’s chapter reviews the historiography on republicanism and modern Vietnam and heralds the arrival of the “republican moment” in the field of Vietnam studies. Several chapters by Nguyễn Lương Hải Khôi, Martina Thucnhi Nguyen, and Yen Vu examine the transformation of republican ideas. Nu-Anh Tran and Duy Lap Nguyen explore competing concepts of democracy and the factional politics of the First Republic. The essays by Jason Picard, Cindy Nguyen, Hoàng Phong Tuấn, Nguyễn Thị Minh, and Y Thien Nguyen analyze nation- and state-building efforts in the 1950s and 1960s. Collectively, the essays give voice to Vietnamese republicans, from the ideas they espoused to the institutions they built and the legacies they left behind.
Douglas Pike, an eminent authority on Southeast Asia and particularly on Vietnam, wrote: “Dr. Nguyen Anh Tuan is a highly respected economist and political thinker. Even perhaps for our purpose here, he is a man of great breadth of view, a philosopher in the true meaning of the word...” In America Coming to Terms, Dr. Nguyen Anh Tuan addresses himself to the central issue of the Vietnam War. This ambitious study seeks to place the U.S. involvement in Vietnam into the broader context of American and world history. The legacy of the Vietnam War remains a critical topic, particularly with the war in Iraq generating the specter of conflicting partisan politics in a deeply divided country. America’s involvement in Vietnam was misunderstood at the time and is still misrepresented now. As the Iraq War often invites comparisons with the Vietnam War, a full understanding of the U.S. experience in Vietnam is essential. More importantly, lessons learned from Vietnam can be applied to Iraq at present as well as to any U.S. conflict in the future. America Coming to Terms will help the American public to better understand the real legacy of the Vietnam War. It will provide Americans – liberal as well as conservative, Democrat as well as Republican – with substantive reasons to be united and to be proud of America. Most importantly, it will meaningfully impact the writing of American history for future generations and change for the better the world’s perception of the American people and of America. Steven Hayward, a most distinguished scholar wrote: “Revisionist historians two or three generations from now are likely to begin making the argument that the United States won the ultimate victory in the Vietnam War, and that it should be seen as the turning point in the Cold War...” In America Coming to Terms, Dr. Tuan set the record straight that – notwithstanding a number of mistakes that were committed – not only America won the Cold War but, ultimately, also won the Vietnam War.
This case study examines country-level primary health care (PHC) systems in Viet Nam. The case study is part of a collection of case studies providing critical insights into key PHC strengths, challenges and lessons learned using the Astana PHC framework, which considers integrated health services, multisectoral policy and action, and people and communities. Led by in-country research teams, the case studies update and extend the Primary Health Care Systems (PRIMASYS) case studies commissioned by the Alliance in 2015.
The paper uses firm-level data to assess the financial health of the Vietnamese non-financial corporate sector on the eve of pandemic. Our analysis finds that smaller domestic firms were particularly vulnerable even by regional comparison. A sensitivity analysis suggests that the COVID-19 shock will have a substantial impact on firms’ profitability, liquidity and even solvency, particularly in the hardest hit sectors that are dominated by SMEs and account for a sizeable employment share, but large firms are not immune to the crisis. Risks of default can propagate more broadly through upstream and downstream linkages to industries not directly impacted, with stresses potentially translating into an increase in corporate bankruptcies and bank fragility. Policy measures taken in the immediate aftermath of the crisis have helped alleviate liquidity pressures, but the nature of policy support may have to pivot to support the recovery.
Thank you for visiting our website. Would you like to provide feedback on how we could improve your experience?
This site does not use any third party cookies with one exception — it uses cookies from Google to deliver its services and to analyze traffic.Learn More.