In 2020, around 70 percent of the surveyed large-sized FDI enterprises in Vietnam stated that they expected a year-on-year decline in revenue due to the impacts of the COVID-19 pandemic. The same survey reported that nearly 88 percent of the surveyed FDI firms in the country were negatively affected by the pandemic.
Share of enterprises expecting year-on-year decline in revenue due to the COVID-19 pandemic in Vietnam in 2020, by business size
Characteristic
Domestic private enterprises
FDI enterprises
Micro-sized
66%
56%
Small-sized
65%
64%
Medium-sized
66%
65%
Large-sized
61%
70%
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Sources
Vietnam Chamber of Commerce and Industry; World Bank
Survey by
Vietnam Chamber of Commerce and Industry; World Bank
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Vietnam Chamber of Commerce and Industry. (May 10, 2021). Share of enterprises expecting year-on-year decline in revenue due to the COVID-19 pandemic in Vietnam in 2020, by business size [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1244143/vietnam-covid-19-impacts-on-enterprises-revenue-decline-by-business-size/
Vietnam Chamber of Commerce and Industry. "Share of enterprises expecting year-on-year decline in revenue due to the COVID-19 pandemic in Vietnam in 2020, by business size." Chart. May 10, 2021. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1244143/vietnam-covid-19-impacts-on-enterprises-revenue-decline-by-business-size/
Vietnam Chamber of Commerce and Industry. (2021). Share of enterprises expecting year-on-year decline in revenue due to the COVID-19 pandemic in Vietnam in 2020, by business size. Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1244143/vietnam-covid-19-impacts-on-enterprises-revenue-decline-by-business-size/
Vietnam Chamber of Commerce and Industry. "Share of Enterprises Expecting Year-on-year Decline in Revenue Due to The Covid-19 Pandemic in Vietnam in 2020, by Business Size." Statista, Statista Inc., 10 May 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1244143/vietnam-covid-19-impacts-on-enterprises-revenue-decline-by-business-size/
Vietnam Chamber of Commerce and Industry, Share of enterprises expecting year-on-year decline in revenue due to the COVID-19 pandemic in Vietnam in 2020, by business size Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1244143/vietnam-covid-19-impacts-on-enterprises-revenue-decline-by-business-size/ (last visited September 20, 2024)
Share of enterprises expecting year-on-year decline in revenue due to the COVID-19 pandemic in Vietnam in 2020, by business size [Graph], Vietnam Chamber of Commerce and Industry, May 10, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1244143/vietnam-covid-19-impacts-on-enterprises-revenue-decline-by-business-size/