To monitor the social and economic effects on households during the COVID-19 pandemic, the World Bank is conducting High-Frequency Phone Surveys of Households in Vietnam. These monitoring data help generate insights on household well-being amidst this dynamic period and highlight the effects on the most vulnerable members of Vietnamese society. This note provides a snapshot of results from the 2nd of five rounds of this survey series. Fieldwork for the second round was conducted from July 27 to August 12, 2020. During the first half of 2020, COVID-19 cases in Vietnam were well contained and appeared almost eradicated. However, after 99 days without any new COVID-19 cases, the Da Nang region re-entered lockdown after the emergence of a positive case on July 25th, 2020. While round one of the survey series (in June-July 2020) was conducted after the first lockdown, round two was collected right at the beginning of this second outbreak. The timing of fieldwork should be considered when considering trends.