Vietnam’s GDP growth may reach 3.5-4% this year in case the pandemic is contained in September.

Several signs suggest slowdown in economic activity if the pandemic is not contained in the short term.

Positive sentiment among investors led to the expansion of three consecutive trading sessions by 20 points before the break, leading to the Vn-Index standing at nearly 1,240 on April 29.

The sale figure in February, however, was on the decline for two consecutive months with a contraction of 22% against the previous month to 13,585 units.

The local authorities have been cooperating with retailers in the city to stockpile basic necessities worth VND39.4 trillion (US$1.7 billion), up 5% against the last year.

Compared to the same period of last year, liquidity surged a whooping of 291.04% in transaction volume and 334% in value.

A low budget revenue in January is due to the fact that the economy is currently struggling with the ongoing Covid-19 outbreak.

Market capitalization on the HoSE, home to majorly large-caps, dropped around US$11.78 billion.

The pandemic has prompted joint efforts under the Vietnam’s Chairmanship in the course of unprecedented challenges that threat the 10-nation region of 622 million people.