APEC meeting highlights effective ties

APEC meeting highlights effective ties

With the coronavirus pandemic abating worldwide, Vietnam has boosted cooperation with multilateral mechanisms, with a key focus on the Asia-Pacific Economic Cooperation bloc as an effective solution to expand trade and attract investment.
Orders made to push disbursement of public funds

Orders made to push disbursement of public funds

To prevent low economic growth next year and slow attraction of private investment, the government has continued ordering ministries and localities to intensify public investment.
Manoeuvering safely amid global adversity

Manoeuvering safely amid global adversity

Despite a high growth forecast for this year thanks to several advantages, the government is taking great caution setting a growth target for 2023 due to numerous lingering challenges.
21st-century skills crucial for appropriate growth

21st-century skills crucial for appropriate growth

While economic growth in Vietnam seems to be on the right track following a bumpy few months, experts warn that improving tertiary and higher education may be the biggest key to acheiving long-term growth in a sustainable manner.
Nascent green financing scene soon set for lift-off

Nascent green financing scene soon set for lift-off

As Vietnam is pursuing the energy transition by focusing on developing renewable energy, the country is facing challenges with how to mobilise sufficient financial resources to meet its ambitious targets.
Acceleration of 4.0 tech to help prepare new job creation

Acceleration of 4.0 tech to help prepare new job creation

Vietnam is embarking on its next development stage as a lower middle-income country pursuing innovation to achieve further sustainable development – thus, raising labour productivity in enterprises is considered a key to create a new growth model.
Sustainable products stimulating business

Sustainable products stimulating business

Vietnam’s scheme to combat pollution and achieve sustainable development by reusing and recycling defunct products is involving the participation of many foreign businesses via various initiatives.
Trajectory uncertain for Vietnam’s growth

Trajectory uncertain for Vietnam’s growth

Headwinds to Vietnam’s positive growth outlook are rising as a result of the Russia-Ukraine conflict, and risks from a slowdown in many of the country’s key trade partners are weighted to the downside.
Growth advancing in right direction

Growth advancing in right direction

Despite various global uncertainties, efforts to spur business and production have helped recover the country’s economic growth, driven largely by manufacturing and processing activities.
Policies reinforced to ease inflation pressure

Policies reinforced to ease inflation pressure

With global oil price hikes staying at a very high level and domestic consumption gradually recovering, Vietnam’s inflation is expected not exceed the 4 per cent target by dint of tightened monetary policy and negative impacts from the health crisis on prospects.
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