Vietnam has proven to be the most resilient cub economy in Southeast Asia in 2020. It has emerged from the COVID-19 pandemic to become the only country in the region predicted to clock positive GDP growth this year.
The pandemic-induced lockdown in Vietnam was quickly lifted in April, which enabled domestic activities, including travel, to resume. Throughout the year, not only local investors, but global private equity firms such as Affirma Capital, KKR, and Temasek, have also been active in the country.
