In Vietnam and Thailand, the growth rate of GDP = gross domestic product from July to September fell negatively due to the rapid spread of the new coronavirus infection.
The economic stagnation in Southeast Asia has led to disruption of the supply chain = supply network, and there are concerns about its impact on the world economy.
By the 15th, major Southeast Asian countries had GDP growth rates from July to September.
Of this, Vietnam was minus 6.1% compared to the same period last year.
Due to the rapid spread of the infection and the government's restrictions on economic activities, personal consumption fell and factories responsible for exports were shut down one after another.
In Malaysia, it was minus 4.5% compared to the same period last year, and in Thailand it was minus 0.3%, both of which were the first negative growth in two quarters.
Indonesia, which has the largest economy in the region, increased by 3.5%, but the growth rate slowed significantly from the previous period.
The economies of each country were severely damaged by the rapid spread of infection from July to September.
Since the economic stagnation in Southeast Asia has led to supply chain turmoil, there are concerns about its impact on the global economy.