Sufficient legislation to attract top-quality foreign investment
By Matthew Lourey
May 05, 2022 | 09:50
Inbound investment is the backbone of Vietnam’s economic growth, with export growth from foreign-invested enterprises as one measure of success continuing to grow significantly each year. Foreign-invested service sectors are also growing, with a broad range of advanced sectors now seeing Vietnam as a hub for the future, especially in the technology space.
Vietnam emerging as important economy in Southeast Asia: Indian expert
May 04, 2022 | 10:30
The visit to Vietnam by Japanese Prime Minister Kishida Fumio from April 30 to May 1, along with the visit by his predecessor Suga Yoshihide in 2020, showed that Vietnam is emerging as one of the promising important economies in Southeast Asia, commented Pankaj Jha, Director of Indian Jindal Global University’s Centre for Strategy and Security Research.
Navigating tariff roadmaps for automobile imports
By Dr. Daniel Borer
April 28, 2022 | 10:00
The average tariff on imported cars in Vietnam has decreased from 49 per cent in 2015 to 12 per cent in 2020. As a result of changing car import tariffs over the past 5-10 years, Vietnam’s car imports shifted from high-tariff countries like India and China towards low-tariff ASEAN countries like Thailand (see graph). Several socioeconomic developments have triggered these changes.
Vietnam should transform growth model towards efficiency: experts
April 28, 2022 | 09:39
Vietnam needs to speed up transformation towards an efficiency and innovation-driven growth model to meet requirements of sustainable and inclusive development, experts have said.
New policies being considered for electric cars
April 26, 2022 | 23:11
Deputy Prime Le Van Thanh has asked the Ministry of Industry and Trade to study policies to promote the development of the domestic automobile industry, in line with the growing global trend towards electric cars.
ERP puts business advances at centre
By Van Nguyen
April 26, 2022 | 11:48
The government is implementing the first steps of the Economic Restructuring Plan for 2021-2025, setting out the requirements for a more effective and substantive implementation based on strengthening and maintaining macroeconomic stability, in line with the vital tasks according to the resolution of the 13th Party Congress.
Building immediate resiliency for a more robust economy
By Nguyen Dat
April 26, 2022 | 11:30
Vietnam’s economy has reaped relatively positive growth for Q1. Caitlin Wiesen, resident representative in Vietnam for the United Nations Development Programme (UNDP), talked with VIR’s Nguyen Dat about the economic outlook for the entire year, with some recommendations for stronger results.
Setting the priorities for Vietnamese people to thrive
By Manuela V. Ferro
April 26, 2022 | 09:51
By any standards, the pace of Vietnam’s development has been extraordinary.
Six global trends that will shape Vietnam’s future
By Tim Evans
April 25, 2022 | 15:30
The country is recovering strongly but if it is to reach its full potential, it will have to effectively navigate a number of global trends.
Enterprises must be rated before issuing bonds: experts
April 22, 2022 | 09:41
The Vietnamese corporate bond market is a young and growing market, but lacks control. Credit rating is one of the key steps to reducing risk and helping the market move towards proper development, according to experts.
Cleaning up legislation for NFT success in Vietnam
April 21, 2022 | 09:00
Traditional games are becoming more advanced through blockchain and non-fungible tokens. Pham Duy Khuong, Nguyen Thuy Chung, and Doan Nam from ASL LAW, however, note the many barriers still make the technology difficult to develop and greatly affect investment prospects.
The trust imperative – how to build and sustain the trust of your stakeholders
April 21, 2022 | 08:00
In a fast-evolving market on the heels of a global pandemic, trust is the coveted ticket to play.
Is Vietnam really ready for commercialisation of 5G?
By Philip Ziter
April 20, 2022 | 12:13
Vietnam is accelerating its attempts to be 5G ready this year. Philip Ziter, senior associate in Ho Chi Minh City Office for consultancy firm Russin & Vecchi, pores over the story so far, the development prospects around the corner, and outlines the areas in which 5G will be most effective.
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