Vietnam has weathered the pandemic storm through a combination of strong yet flexible state leadership that won the confidence of citizens, rapid and nimble response, and innovative use of technology, said James Borton of the School of Advanced International Studies under Johns Hopkins University.

While many products exported to the UK enjoyed strong increases thanks to the UK-Vietnam Free Trade Agreement (UKVFTA), Vietnam’s timber industry is facing difficulties in expanding in this market, requiring manufacturers and exporters to change their business strategies.

VOV.VN - Media outlet CNBC of the United States published an article describing Vietnam as the top-performing Asian economy in 2020, a feat that was achieved without a single quarter of economic contraction during a period when many economies globally were greatly impacted by the COVID-19 pandemic.