The Impact of the COVID-19 Pandemic on the Relationship Between the Asian Development Bank and Vietnam

Abstract

Vietnam has been controlling the COVID-19 pandemic dramatically. However, the COVID-19 pandemic outbreak has brought unprecedented challenges that are expected to impact Vietnam's socio-economic development in 2020 significantly and in the next year. Facing difficulties caused by the COVID-19 pandemic, the Government of Vietnam gives priority directions for socio-economic development. The foreign policy received more attention after an extended strict closure. In particular, Vietnam highly values the relationship with the Asian Development Bank (ADB). Both sides are proposing development solutions to enhance the relationship between Vietnam and ADB, to implement ADB's Development Strategy until 2030 to be more relevant to the current situation.