slow disbursement hinders ambitions

Slow disbursement hinders ambitions

Vietnam’s socioeconomic development path for 2025 has been finalised, but it may fall short of its growth targets if the current slow pace of public investment disbursement continues and enterprises continue to face significant challenges.
key project headway to boost growth

Key project headway to boost growth

The new economic growth targets for this year and next have been officially announced, with boosting public investment and infrastructure development high on the agenda.
time ticks on population advantage

Time ticks on population advantage

Japan is encouraging Vietnam to capitalise on its golden population period and enhance the development of supporting industries to attract more foreign investors.
issues acknowledged in growth mission

Issues acknowledged in growth mission

Vietnam’s economic growth is expected to accelerate by the end of 2024, partly fuelled by a rise in foreign investment, but medium-term growth prospects will face headwinds.
inflation takes focus to circumvent typhoon impact

Inflation takes focus to circumvent typhoon impact

To prevent potential price hikes in the aftermath of Typhoon Yagi, the government has placed a stronger emphasis on controlling inflation, viewing it as key to ensuring the country’s economic growth targets for the year.
us vietnam status to be further reinforced

US-Vietnam status to be further reinforced

Vietnam and the United States are set to further bilateral ties, especially in trade and investment, with the latter supporting the former in semiconductor development.
sustainable fishing a must for yellow card removal

Sustainable fishing a must for yellow card removal

Vietnam is intensifying a crackdown on unregulated fishing in order to obey various international regulations.
importance stressed over power system

Importance stressed over power system

The Ministry of Industry and Trade has confirmed sufficient electricity for the nation until the year’s end, while admitting the transformation to renewables is sluggish.
india and vietnam pledge to boost trade

India and Vietnam pledge to boost trade

Vietnam and India are poised to strengthen their bilateral ties in new sectors, including trade and investment, with the support of an upgraded trade deal between the two economies.
a digital vietnamese made approach

A digital Vietnamese-made approach

The digital technology industry has been identified in Resolution No.29-NQ/TW as one of the six foundational industries. Tech businesses, whether developing, manufacturing, or providing technology as a service, play crucial roles in accelerating tech adoption across the economy and society. They particularly contribute to implementing the national programme on enhancing the independence and self-reliance of Vietnamese production.
inflation warning ahead of fuel hikes

Inflation warning ahead of fuel hikes

A potential rise in inflation in the second half of the year’s end may be seen following escalating use of electricity and fuel leading to price hikes.
inflation pressure to potentially moderate for vietnam

Inflation pressure to potentially moderate for Vietnam

Although upcoming increases in electricity and salaries will pressurise inflation, a reduction in purchasing power could make it possible for the government to control it.
training support for chip sector sped up

Training support for chip sector sped up

The United States is placing a special focus on supporting Vietnam in semiconductor development with a new cooperation framework, with growing interest from American investors.
new review nears on vietnams unregulated fishing status

New review nears on Vietnam’s unregulated fishing status

The Vietnamese government is intensifying a crackdown on unregulated fishing, in a bid to abide with regulations set in the EU-Vietnam Free Trade Agreement and the Food and Agriculture Organization.
eu vietnam free trade agreement implementation kicks into higher gear

EU-Vietnam Free Trade Agreement implementation kicks into higher gear

Vietnam and the EU are amplifying investment and trade ties seconded by a bilateral free trade deal, with the latter committing to assist the former in implementation.