Disease prevention, as well as production and business are all important.
The sales room of Melya Fashion Group Joint Stock Company
was still lighting around 8 p.m. It is the online sales team's shift. This company has consistently promoted internet sales over the last two years and boosted showroom sales. So far, the revenue from online sales has outpaced in-store sales.
According to a company representative: "We always conclude that there is 'opportunity in 'crisis.' Despite the problematic dynamics of the Covid-19 outbreak, diversifying distribution channels allows the company's revenue to continue to expand. Many models sold out fast after they were released. Even some collections were sold out when they were first presented and have yet to be restocked."
DThe outbreak has severely impacted many businesses. However, because stopping or giving up means losing everything, many enterprises continue to overcome obstacles to avoid the epidemic, preserve production and trade, and contribute to the country's prosperity.
Nhiều doanh nghiệp đang nỗ lực tận dụng các kênh bán hàng online.
Trung Nam Group is working on several wind power projects in the Central Highlands, Tra Vinh, and Ninh Thuan at the same time. Disease preventive safety is always a high focus. Because being reckless exposes the entire project to unforeseeable hazards, especially when there isn't much time left. This corporation's representative stated, "To ensure that the projects are completed on time, we test body temperature twice a day and offer masks and antibacterial hand sanitizer to employees and laborers." In addition, the entire project operational area is disinfected.
Face-to-face meetings are limited to 15 persons and are held at a distance. Prepare diluted saltwater with ginger for personnel to gargle twice a day; conduct testing on all employees." "We strongly restrict personnel from congregating in cafés and pubs in the region during the outbreak," said an investor representative. The fact that firms prevent epidemics while ensuring production and business adds significantly to Vietnam's economic growth, which is expected to reach spectacular levels in the first six months of 2021. The General Statistics Office released the data on the 29th. According to June, GDP growth climbed by 5.64 percent in the first six months of this year, significantly more significant than the 1.82 percent growth rate in the first six months of 2020.
This increase is smaller than the 7.05% and 6.77% growth rates of the same period in 2018 and 2019, respectively, but in the context of the growing epidemic, it is an indicator that many people found surprising. "The economy maintained a growth rate of 5.6%, which is quite a growth compared to other nations in the area and throughout the world," according to the General Statistics Office. Behind the soon-to-be-released GDP figure, economist Huynh The Du stated on his own Facebook page: "This number reflects the genuine character of the Vietnamese economy because economic activities are not much different from before the outbreak." In the backdrop of the epidemic, Mr. Du, unlike many others, had very positive words regarding Vietnam's economy. Of course, there are numerous opposing viewpoints to these experts. At the General Figures Office's press conference on June 29, innumerable reporters "twisted" their inquiries about whether the statistics are "abnormal" or not.
The significant priorities are both production and pandemic prevention.
In response, a General Statistics Office representative provided numerous growth figures from various industries to prove that GDP growth is an accurate picture of the economic situation. For example, machinery and equipment manufacturing climbed by 7.2%. Motor vehicle production rose by 33%, vehicle goods with fewer than 7 seats increased by 37% (Toyota Vietnam's output increased by more than 30%), and Vinfast increased by 73.6%. "The reason for this is that enterprises are aggressively adapting to the Covid-19 outbreak to preserve production and profitability," he explained. The budget revenue is another metric that might help answer whether the above GDP growth rate is reasonable. Budget revenue is real money that is difficult to shape. Budget revenue was nevertheless relatively good in the first six months of the year, despite the problematic developments of the Covid-19 pandemic, estimated at VND 775 trillion (57.7% of the year estimate).
There can be no revenue without growth. However, it is impossible to ignore another aspect of the 6-month economic picture underlying that GDP increase and budget revenue. More than 70,000 businesses have suspended operations for an indefinite period, stopped operating awaiting dissolution procedures, and completed dissolution procedures; millions of workers affected by the epidemic have demonstrated the economic and social challenges caused by the epidemic. Many people have succumbed to poverty, sorrow, and extremes. This also highlights a critical issue with the quality of GDP development in Vietnam, which has consistently been among the top in the world.
In contrast to the Gross National Income, GDP is sometimes only a number (GNI). If GDP more precisely reflects a country's income in a month or a year, GDP growth may be out of pace with people's living standards and payments. One factor is that Vietnam's GDP development continues to rely significantly on foreign-invested firms (FDI). Most of their gains are theirs, and the Vietnamese receive only a small percentage of extra value.
According to the General Statistics Office's 2020 population living standard survey, which will be released at the end of May 2021, the average income per person in 2020 at current prices will be around 4.23 million VND/month. The average monthly salary in Binh Duong is a little more than 7 million VND. Calculating that amount of money to satisfy everyday living needs, let alone accumulation, is formidable. As a result, when the pandemic strikes, businesses close, many stores close, prices rise, and millions of people struggle to survive. The Covid-19 outbreak has highlighted these limits. As a result, attention should be devoted to the quality of growth for GDP estimates to be more realistic and individuals to have higher earnings. The most important thing to do now is to keep the sickness under control.
Following that, efforts must be made to assist enterprises in overcoming challenges, building a stronger team of "domestic" businesses, and adding more excellent value to the country. When the economy improves, the government will have more resources to assist disadvantaged and vulnerable segments in society in the face of exceptional oscillations such as the current Covid-19 outbreak.