Macro Update - COVID-19 outbreak depresses economic data
  • 06 Mar 2020
  • Macroeconomics
Coronavirus (COVID-19) outbreak weighed on industrial production index (IIP). Overall IIP in 2M 2020 increased only 6.2% YoY with manufacturing IIP growing 7.4% YoY, which were both the lowest pace for the same period in three years. Meanwhile, Vietnam’s