vietnam reinforces free trade deal advantages

Vietnam reinforces free trade deal advantages

Three years after the entry into force of a landmark regional free trade agreement, Vietnam is poised to deepen trade and investment ties, leveraging the deal’s favourable rules of origin to boost exports and attract foreign funding.
strategy outlined for growth goals

Strategy outlined for growth goals

The government is to maximise all possible resources in the economy and from external financial assistance in an aim to achieve a fresh economic growth goal for 2025.
vat cut set to continue on through to summer

VAT cut set to continue on through to summer

Though the continuation of a 2 per cent VAT reduction for the first half of 2025 can dent the state budget, there are calls to extend the policy throughout the year, which the government remains cautious about.
major railway requires debt considerations

Major railway requires debt considerations

Concerns have been raised regarding the investment capital schemes and public debt safety for the national project to construct the North-South high-speed railway, an iconic venture anticipated to boost economic growth significantly.
key balances maintained for industrial production

Key balances maintained for industrial production

Domestic industrial production in Vietnam continues on a recovery trajectory, bolstered by a rise in electricity consumption and growing business confidence.
union rights closer for non nationals

Union rights closer for non-nationals

Foreign employees in Vietnam shall have the right to join a trade union in their working in places under a fresh initiative, despite some concerns over security issues.
public debt indicators remain in alignment with expectations

Public debt indicators remain in alignment with expectations

The country is projected to keep its public debt within safe levels this year, with a significant state budget surplus recorded in the first nine months of 2024, although a deficit is forecasted for the full year.
call to action can protect vietnams natural forests

Call to action can protect Vietnam’s natural forests

Vietnam has been warned of disasters affecting its forests if it fails to manage them more effectively, with many of them already in poor condition.
leadership focused on economic progress

Leadership focused on economic progress

Vietnam has had a new state president hoping to contribute to driving the economy forward, with the government prioritising economic stability including a focus on semiconductor development.
growth remains high for 2024 2025

Growth remains high for 2024-2025

The government remains steadfast with its economic growth target for this year, offering stronger support for enterprises.
vietnam and laos vow to increase ties

Vietnam and Laos vow to increase ties

Vietnam and Laos have further cemented their bilateral cooperation in key areas including security, trade, and investment.
failed companies outpace new ones

Failed companies outpace new ones

Despite a gradual recovery in domestic production, the Vietnamese economy remains sluggish, with the number of businesses leaving the market outpacing new establishments thus far this year.
barriers must be removed for vital transport infrastructure

Barriers must be removed for vital transport infrastructure

The government has demanded site clearance for national transport projects to be accelerated, in order to boost public investment disbursement.
china and vietnam beef up protocols

China and Vietnam beef up protocols

Vietnam and China have agreed on new measures to enhance trade and investment, focusing on infrastructure development.
eu underscores importance of trade with vietnam

EU underscores importance of trade with Vietnam

While seeking to elevate its relations with Vietnam, the European Union has pledged to continue providing more support for the country in developing renewable energy and achieving its net-zero emissions, with fresh expectations for larger trade and investment cooperation.