Don’t Let a Crisis Go to Waste

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dc.creatorWorld Bank
dc.date2020-06-09T17:18:12Z
dc.date2020-06-09T17:18:12Z
dc.date2020-06
dc.date.accessioned2026-07-01T00:40:58Z
dc.descriptionVietnam has the unique opportunity to take advantage of the COVID-19 crisis. While the future is hard to predict, most would agree that the world will look very different in the post coronavirus era. There will be a notable reshaping of global value chains. Similarly, the development of contact-free services, telemedicine, and e-commerce will accelerate requiring fast adaptation of existing digital systems. Lastly, the importance and value of human life will increase as more governments prioritize the inclusion of the wellbeing of future generation in policy making. The ongoing transformation of the global economy provides the opportunity for Vietnam to take important policy actions and move faster toward its goal of becoming a high-income economy. We recommend five concrete pathways on which Vietnam can build on: tapping into the new global trading system, promoting digital payments for a new business model, promoting telemedicine, enhanced information sharing for increased resilience, and aiming for a low-carbon economy.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/314751591592726860/Don-t-Let-a-Crisis-go-to-Waste-Reshaping-the-Economy-through-No-Regret-Policies
dc.identifierhttps://hdl.handle.net/10986/33862
dc.identifier10.1596/33862
dc.identifier.urihttp://hdl.handle.net/123456789/409046
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relationCOVID-19 Policy Response Notes;No. 5
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo
dc.rightsWorld Bank
dc.subjectCORONAVIRUS
dc.subjectCOVID-19
dc.subjectPANDEMIC RESPONSE
dc.subjectE-GOVERNMENT
dc.subjectTELEMEDICINE
dc.subjectLOW CARBON DEVELOPMENT
dc.subjectE-COMMERCE
dc.subjectGLOBAL VALUE CHAIN
dc.subjectCONTACT-FREE ECONOMY
dc.subjectID4D
dc.subjectDIGITAL TECHNOLOGY
dc.subjectDIGITAL ECONOMY
dc.subjectDIGITAL PAYMENTS
dc.subjectGREEN GROWTH
dc.subjectTRADE POLICY
dc.subjectREGIONAL TRADE
dc.subjectINVESTMENT CLIMATE
dc.subjectFINANCIAL INCLUSION
dc.subjectICT INFRASTRUCTURE
dc.subjectINFORMATION AND COMMUNICATION TECHNOLOGY
dc.titleDon’t Let a Crisis Go to Waste
dc.titleReshaping the Economy through ‘No-Regret’ Policies
dc.typePolicy Note
dc.typeDocument de politique générale
dc.typeDocumento de políticas

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