95
November, 2020
Vietnam
Global:
66
Availability:
72
Cost:
4
Regulation:
74
Productivity:
28
2020 Global TWI Ranking (out of 76) 2020 Regional TWI Ranking (out of 15)
Region:
15
Availability:
15
Cost:
2
Regulation:
15
Productivity:
12
Remote
Readiness
15
Remote
Readiness
74
Borders are generally closed to foreigners.
There are some exceptions for diplomats and
highly skilled workers and will be subject to
quarantine.
With the exception of importing and exporting of
goods, all land borders are closed.
Wearing of masks is compulsory.
Covid-19 restrictions vary from province to
province.
Schools are open.
1.2%
8.8%
0%
20%
Vietnam Regional Ave.
%
of
GDP
Vietnam
Q4 2019* Q4 2020*
% Change
YOY
Total Workforce
57.5M 54.4M -5%
Unemployment Rate (%) 2.2% 2.7% +26%
Unemployed Workers 1.2M 1.5M +19%
$4.2 billion USD has been spent in Vietnam in response to Covid-19. The measures, implemented to protect
jobs and the economy include:
• Cash transfers for poor households
• Cash transfers for workers who had to temporarily stop work, unemployed and self-employed
• Corporate income tax relief
• https://www.imf.org/en/Topics/imf-and-Covid-19/Policy-Responses-to-COVID-19
Manpower 2020 Total Workforce Index
Workforce Statistics
Covid-19 Situation
Covid-19 Government Spend as % of GDP Border Closures and Restrictions
Additional Government Spending and Foregone Revenue to September 2020
Covid-19 Confirmed Cases and Deaths Reported to WHO (on a weekly basis)
*Reported figures at Q4 each year
https://covid19.who.int/
https://www.imf.org/en/Topics/imf-and-covid19/Fiscal-Policies-Database-in-
Response-to-COVID-19
Other Sources:
https://data.worldbank.org/
https://ilostat.ilo.org/
https://home.kpmg/xx/en/home/insights/
https://www.gov.uk/foreign-travel-advice
United States Embassy
https://tradingeconomics.com/
https://www.gso.gov.vn/en/