HSBC raises Vietnam's 2024 GDP growth forecast to 6.5 per cent

HSBC raises Vietnam's 2024 GDP growth forecast to 6.5 per cent

HSBC has raised its 2024 GDP growth forecast for Vietnam to 6.5 per cent (from 6.0 per cent) and maintained its 2025 GDP estimate at 6.5 per cent.
Foreign banks committing to considerable loans

Foreign banks committing to considerable loans

International banks are demonstrating growing interest in Vietnam, committing substantial investments and loans to support the country’s development and economic growth.
Excess rooftop solar power sales capped at 10 per cent of capacity

Excess rooftop solar power sales capped at 10 per cent of capacity

Deputy Prime Minister Tran Hong Ha has instructed the Ministry of Industry and Trade to present a plan for households to sell excess rooftop solar power.
Metropolis strives to instil confidence in new startups

Metropolis strives to instil confidence in new startups

Ho Chi Minh City is developing a capital exchange model to function like a marketplace, aiming to mobilise investment for early-stage startups.
Vietnam sees fastest growth in millionaires globally

Vietnam sees fastest growth in millionaires globally

Vietnam saw a 98 per cent increase in the number of millionaires from 2013 to 2023.
Vietnam encouraged to capitalise on its high-tech industry progress

Vietnam encouraged to capitalise on its high-tech industry progress

While Vietnam is emerging as a promising destination for high-tech and semiconductor industries, the country faces substantial competition from Southeast Asian peers, requiring decisive and strategic measures to leverage its current opportunities and integrate further into the global supply chain.
Vietnam authorises DPPA for rooftop solar and biomass projects

Vietnam authorises DPPA for rooftop solar and biomass projects

A new decree focuses on rooftop solar, waste-to-energy, and biomass projects.
Lack of transparency holds back insurance

Lack of transparency holds back insurance

Sales of newly issued investment-linked insurance policies have plummeted considerably, reflecting broader challenges in the sector and highlighting the need for increased transparency in insurance products.
Vietnam poised for semiconductor boom

Vietnam poised for semiconductor boom

The country has increasing opportunities to develop its semiconductor industry.
MediaTek collaborates on 'Make in Vietnam' chips

MediaTek collaborates on 'Make in Vietnam' chips

MediaTek is partnering with various Vietnamese companies to produce electronics chips.
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