The return of China: mostly positive news for Vietnam

The return of China: mostly positive news for Vietnam

After three years of isolation, China is finally exiting its restrictive pandemic strategy. Patrick Lenain, senior associate of the Council on Economic Policies, points out how Vietnam might take advantage from this change.
Vietnam in 2023: Facing a recession or a rebound?

Vietnam in 2023: Facing a recession or a rebound?

Vietnam will once again face an uncertain world economy in 2023: high inflation will hurt the real incomes of consumers and depress retail sales in many countries, rising interest rates will cool down housing markets, and property developers will postpone
New exchange rate policy not without risk

New exchange rate policy not without risk

Exchange rate volatility is increasing due to geopolitical shocks across the globe. Thanks to its sound policy framework, Vietnam has remained largely immune to such international turbulence. However, exchange-rate depreciation is not without risks, writes Patrick Lenain, senior associate at the Council on Economic Policies.
Assessing risks of inflation for everyday life in Vietnam

Assessing risks of inflation for everyday life in Vietnam

While inflation has soared around the world, Vietnam has successfully kept it low. However Patrick Lenain, senior associate at the Council on Economic Policies, writes that it is too soon to claim victory because new bursts in food prices could occur, putting at risk the health of undernourished people.
Private sector expected to support the green growth model in Vietnam

Private sector expected to support the green growth model in Vietnam

Last year Vietnam made a remarkable commitment to achieve net-zero carbon emissions by 2050. Patrick Lenain, senior associate of the Swiss-based Council on Economic Policies, shares some recommendations to encourage the private sector’s role in this ambitious target.
Global monetary tightening: issues for emerging markets

Global monetary tightening: issues for emerging markets

The US Federal Reserve has been increasing its interest rate at a difficult time for emerging markets. Patrick Lenain, senior associate at the Council on Economic Policies, offers his assessment of how the Fed’s interest rate hike affects the Vietnamese market and some solutions to respond to the fluctuations.
Tax for development: Does Vietnam need tax reform?

Tax for development: Does Vietnam need tax reform?

To remain on its successful path of inclusive development, Vietnam will need large public investments for years to come.
Will international stress disrupt Vietnam’s economic recovery?

Will international stress disrupt Vietnam’s economic recovery?

With COVID-19 retreating, a return to normal was expected to happen soon around the world. Unfortunately, we are not yet there. Key macroeconomic disruptions stand in the way of the recovery: high inflation, surging commodity prices, supply shortages, tighter US monetary policy, and reduced fiscal support.
Bracing for impact of Omicron variant

Bracing for impact of Omicron variant

The world is entering the third year of the COVID-19 pandemic and there is no definitive end in sight. Patrick Lenain, assistant director at the Organisation for Economic Co-operation and Development, analyses the prospects of Vietnam dealing with the latest variant and its ability to restart the economy in 2022.
Evergrande case and its implications for Vietnam’s future property development

Evergrande case and its implications for Vietnam’s future property development

Although Evergrande Group’s debt crisis has not ended, its domino effect still haunts the entire Chinese economy and the global market. Patrick Lenain, assistant director at the Organisation for Economic Co-operation and Development, shares his thoughts on the lessons and implications for Vietnam from this case.
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