Vietnam tops ASEAN in Optimism Index amid COVID-19 Vietnam scored 62.4 points compared to 53.8 in Malaysia, 52.7 in Singapore, 52 in Thailand, and 49.6 in Indonesia. Compared with ASEAN peers, Vietnam ranked the highest on the index with a score of 62.4 out of maximum 100, well ahead of Malaysia with 53.8, Singapore 52.7, Thailand 52.0, and Indonesia 49.6. The UOB Optimism Index, derived from the Bank’s UOB ASEAN Consumer Sentiment Study, measures how concerned consumers are about rising COVID-19 infections, continued restrictions on gatherings and travel, the economic impact of the pandemic and their personal financial well-being and outlook. For the study’s inaugural run in July 2020, more than 3,500 respondents from five ASEAN countries, namely Indonesia, Malaysia, Singapore, Thailand and Vietnam, were interviewed. In Vietnam, 620 people from Hanoi and Ho Chi Minh City responded to the study. Mr Harry Loh, Chief Executive Officer of UOB Vietnam, said, “Our research indicates that Vietnamese are positive about the overall future outlook, even as they experienced changes in their lifestyles and habits due to social distancing measures. Eight in ten Vietnamese (81%) said they expect life to go back to the way it was by end 2021, the highest… Read full this story
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