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Writer's pictureHoài Đức Trần

Forecast of changes after COVID-19 in Vietnam

(Author TranHoaiDuc.com)

+ Away from Office (AFO) working trend will continue to be promoted and developed to a new level with the support of specific AFO applications and IT infrastructure platforms such as: - The 5G platform will be promoted by the Government to serve as the foundation for AFO's new IT applications - Software supporting the AFO working trend will develop and improve in a rush: • Software for online meeting: Skype, Zoom ... • Software for storing documents on cloud such as One office, google drive ... • Online job monitoring and management software…. • The software supports online processes, supports online approval, supports digital signatures ... (Base.online ....) + The trend of clean consumption continues to be concerned and paid attention to by consumers after an expensive lesson from the Covid-19 pandemic. Specifically, people will shift and change consumption habits towards positive and civilized, beneficial to health such as: - About eating and drinking: will gradually reduce eating and eating on the sidewalks, eating wild animals ... but switching to consumption of clean and environmentally friendly and natural food - About restaurants: Restaurants and food stalls on the sidewalk will be gradually reduced, making room for restaurants meeting food hygiene and safety requirements. The government will tighten licensing of pavement and unsafe food products + The trend of scattered living and working, moving away from large urban centers, will continue to be promoted and developed for the post-Covid-19 period. The Covid-19 period helped people to be aware of the risks as well as unsafe when living and working concentrated in big cities. Besides, with the development of 5G network, the speed of information technology connection has improved significantly, the AFO trend has a chance to develop, so the need to focus in the city center is no longer essential. Humans have begun to move away from work and live in satellite cities with good infrastructure. Distributed offices in many cities will be developed.  BUSINESS OPPORTUNITIES: • Real estate in the center of major cities of Ho Chi Minh City, Hanoi will have a chance to develop strongly in the medium term (about 2-5 years) due to the tendency of dispersing from the core of the center to live and work; plus a series of real estate stimulus projects• The office leasing market in satellite towns such as Long Thanh, Vung Tau and Nhon Trach in the medium term will be a good market for offices for rent when infrastructure is connected ... and the trend is far from the center. . • The second home trend will thrive in the medium term, especially in areas with convenient transport connections to Ho Chi Minh City such as Vung Tau (when the BH-VT expressway is developed); Long Thanh- Nhon Trach-Dau Giay (when LT Airport and Road VD 3, inter-regional highways ...); • New model of co-owners gardening combined resort, tourism business ... Medium ownership group model (the main stake is owned by the owners). Developing co-ownership farm in Dau Giay, combining tourism, picnic, compact construction, fruit ...) + Online trends from shopping, learning, community activities ... will continue to be developed to a new level thanks to new IT applications. If the 2002 SARS epidemic created the momentum of ALIBABA's growth, this Covid 19 would produce many "ALIBABA" in all other areas of life, not just limited to online shopping like ALIBABA. There will be online ecosystems that meet all online human needs such as remote work, attendance, corporate governance, electronic signatures, online meetings + The rearrangement of global supply chains, geographically dispersed in order to avoid risks of epidemics in a certain region or geographical area. Lessons from the blockade of Wuhan or China affecting the global supply chains of transnational corporations have promoted a dispersion trend, building new global supply chain ecosystems. Combined with the effects of the US-China trade war, manufacturers and suppliers all


+ The tendency of protection, isolation (Isolationism), no linkages among the economies will continue to thrive in the post-Covid-19 period. This trend has been initiated by President Trump with the slogan "America first" from the beginning of the term and will continue to be implemented at a new level when passing the second President term; UK has been out of Europe and some other countries will continue ... + The role of technology application in the Government's governance of the country will increasingly develop strongly after the methods of communication and information dissemination from the government to the people promote high efficiency in their work. propaganda and prevention in the Covid-19 translation. Applications such as Ncovi, official medical declaration, smartcity of Ha Noi ... will be a motivation for the government to build software to promptly disseminate official information to the people. It is possible that the trend of each citizen having 01 smartphone, 01 official phone number that can connect to the internet will become a reality (Vsmart phone of billionaire Pham Nhat Vuong combined with Viettel of Minister Nguyen Manh Hung ... will be Apply deployment to each citizen). National surveys and statistics can be deployed through similar software Ncovi ... to serve the census, demand surveys, referendums ... Proceed to build an e-government or Degital Bureaucracy ... + The trend of using clean, environmentally friendly and limited fossil fuels will continue to be the main development trend in the energy policies of the countries in the world after the world experiences crisis. as he was heavily influenced by the Covid-19 pandemic, the pandemic stemmed from pollution problems and it made pollution problems, especially air pollution, become murderous, potentially dangerous toxins. obliterate the whole civilization of mankind. The United States, the country after President Trump withdrew from the Agreement to cut greenhouse gas emissions, may have to rethink and change global policies on environmental protection. This trend will trigger the petrochemical crisis and launch a revolution in clean fuels for the coming decades. In Vietnam, the Government will be more active in approving and planning to develop clean energy such as solar energy, wind power, hydroelectricity ... The untie regulations on electricity purchase price will be issued soon to promoting private enterprises, FDI increases investment in clean energy. + The Government of Vietnam will make efforts to save the speed of GDP in 2020 and the following years, especially in the context of preparing the 13th National Communist Party Congress, through drastic and strong solutions as follows: - Promote public investment: • Long Thanh Airport project: Promote disbursement of ground clearance capital; getting ready to start construction in 2021; • North-South Expressway Project: transferred all 8 component projects through public investment, promptly completed procedures to approve the National Assembly in May 2020 and commenced in August. • Transport projects connecting Long Thanh Airport such as Bien Hoa-Vung Tau, Ben luc Long thanh, Longn Thanh Dau second phase…- Promote infrastructure projects that receive ODA loans: • The Belt Road No. 3 Project funded by EDCF: Changing the procedures may prompt problems to sign with EDCF by the end of 2020 and start construction in 2021. • Other infrastructure projects - Promote credit support packages to save the market in the country: • Real estate credit packages, rescuing key industries such as textiles ... • Credit packages, solutions to save the tourism, resort, hotel market .... • Credit stimulus packages such as real estate, cars….- Encouraging the wave of shifting production from China to Vietnam through the amendments to create a clear mechanism, increase tax incentives, land, labor resources ... • Revising monetary policy • Customs duty, • Long-term land lease ... - Encouraging domestic enterprises to actively produce essential goods for domestic demand: • Vingroup will be increased support, protection and incentives to be the locomotive in researching and manufacturing essential commodities such as domestic consumption to increase the autonomy in urgent cases ...



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