Effects from containment and closure policies to market quality: Do they really matter in Vietnam during Covid-19?

PLoS One. 2021 Apr 1;16(4):e0248703. doi: 10.1371/journal.pone.0248703. eCollection 2021.

Abstract

During the Covid-19 pandemic, the Vietnamese government has actively implemented various policies to achieve dual objectives: (i) to minimize the loss of life due to the infection; and (ii) to support economic growth. This paper is conducted to examine the effect of the government's containment and closure policy on the stock market quality in Vietnam. Unlike other papers, we focus exclusively on market quality during the pandemic. We find that the policies appear to positively affect the market quality, except for closing-school policy (negative effect) and international travel (no effect). We argue that the government should sustain the policies until the wide availability of the vaccine to support the stock market quality in the near future.

MeSH terms

  • COVID-19* / epidemiology
  • COVID-19* / prevention & control
  • Economic Development
  • Government
  • Health Policy / economics*
  • Humans
  • Pandemics / prevention & control*
  • Quarantine
  • Vietnam

Grants and funding

The authors received no specific funding for this work.