Virus Hits Vietnam Across Multiple Sectors
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With just 16 cases in a population of 96 million, the effect on Vietnam's economy has been far-reaching. Wood processing firms were advised to seek alternative suppliers. Public schools are closed. Flights between China and Vietnam were suspended. The tourism industry may lose more than $7 billion, as China is Vietnam's largest source of tourists.
Resources:
The World & Vietnam Report: Wood firms advised to seek alternative material suppliers
Mongabay: Coronavirus outbreak hits Vietnam’s timber sector
Reuters: Vietnam faces loss up to $7.7 billion in tourism due to China's coronavirus: state media