Vietnam has some great advantages while competing with regional countries in attracting capital flows after the COVID-19 pandemic, experts have said.

The COVID-19 pandemic has caused a serious effect to the economy, but it has helped accelerate the race for banks to go digital.

A number of listed companies have announced lower earnings in April after closing for half of the month.

​The development of e-commerce together with delays to import and export activities due to disrupted logistics services has accelerated demand for ready-built factories and warehouses during the COVID-19 outbreak in Vietnam.

Foreign investors are speeding up the restructuring and reallocation of their production networks globally, with Vietnam considered a bright candidate for investment given its location within the world’s most dynamically-developing region.

There is high hope that the Vietnam - EU Free Trade Agreement (EVFTA) would offer a boost to export activities, especially among the country’s key industries such as garments and textiles, footwear, along with agricultural and aquatic products once the trade deal officially comes into force.

Vietnamese shrimp products are expected to enjoy greater export opportunities providing that the novel coronavirus (COVID-19) shows signs of abating during the second quarter of the year following the reopening of the global market, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

The goal of reaching 1 million newly-opened firms throughout the year is facing a number of severe difficulties due to the impact of the novel coronavirus (COVID-19), although there remains optimistic signs ahead.

The target of one million businesses by 2020 could be hard to hit with the ongoing COVID-19 pandemic. However, there is optimism regarding the task.