HO CHI MINH CITY -- Vietnam's consumer confidence has plunged to a level not seen in at least 20 years, offering a bleak snapshot of the pandemic's persistent impact, even in a country that has quashed COVID-19 and has a growing economy.
Only 5% of respondents expect a better economy despite victory against the virus
Vietnam is suffering from poor consumer sentiment, with many locals reluctant to go shopping due to concerns about the pandemic's economic impact. © Reuters
HO CHI MINH CITY -- Vietnam's consumer confidence has plunged to a level not seen in at least 20 years, offering a bleak snapshot of the pandemic's persistent impact, even in a country that has quashed COVID-19 and has a growing economy.