Market Intelligence Reports

Quarterly APAC Market Report Q2 2020

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19 July, 2020 Vietnam Covid-19 Restrictions – July 2020 Workforce Statistics – June 2020 Employment Numbers by Industry (in '000s) Schools Reopened Non-essential Shops Open Bars and Restaurants Open International Travel Allowed Arrival Free of Quarantine A number of local lockdowns are in place including, Da Nang, Dak Lak, Quang Nam, Phu Yen and Hanoi Total Labor Force 53.1m Unemployed 1.3m 2.73% 3.9% Since Q1 2020 xxx% Since May 2019 19.5% Since Q1 2020 xx% Since May 2019 17,043 16,031 18,737 1,126.7 497.4 778.0 Agriculture, Forestry, Fishing Industry and Construction Services Q2 2020 Jobs lost since Q1 2020 (000s) Unemployment Rate – Q2 2020 Urban 4.5% Rural 1.8% Youth – 15-24 years Urban 11.1% Rural 5.2% Urban areas have suffered a greater impact with unemployment than rural areas. Vietnam Institute for Economic and Policy Research has warned that GDP is likely to experience negative growth this year. It has been estimated that during the first 7 months of 2020, over 7.8 million workers were impacted by Covid 19 by either having their working hours reduced or losing their jobs. Sources: https://www.gso.gov.vn/default_en.aspx?tabid=622&ItemID=19663 https://en.vcci.com.vn/ https://travel.state.gov/content/travel/en/traveladvisories/COVID-19-Country-Specific-Information.html Labor Update

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