australia and vietnam foster education and training towards green economy

Australia and Vietnam foster education and training towards green economy

An Australian education delegation is in Vietnam to take part in the Australia Southeast Asia Business Exchange (A-SEABX) Mission from September 25-27 in Hanoi and Haiphong, focusing on the transition to net zero and advancing green economy priorities.
green economy forum exhibition 2024 to take place in october

Green Economy Forum & Exhibition 2024 to take place in October

EuroCham Vietnam, together with the Vietnam Trade Promotion Agency (Vietrade), will hold the Green Economy Forum and Exhibition (GEFE) 2024 in Ho Chi Minh City from October 21-23.
fed rate cut expands vietnamese monetary policy flexibility

Fed rate cut expands Vietnamese monetary policy flexibility

The decision to cut interest rates by 50 basis-point in last week's Fed meeting is expected to have several positive impacts on the Vietnamese economy, specifically by alleviating exchange rate pressures and allowing the State Bank of Vietnam to implement a more accommodative monetary policy.
vietnams economc outlook remains positive amid uncertainties

Vietnam's economc outlook remains positive amid uncertainties

The Asian Development Bank (ADB) projects a positive economic outlook for Vietnam, forecasting its GDP growth at 6 per cent in 2024 and 6.2 per cent in 2025.
fed goes big with long awaited cut

Fed goes big with long-awaited cut

The US Federal Reserve’s latest interest rate cut is expected to ease pressure on Vietnam’s exchange rates, support domestic monetary policy, and potentially reverse foreign capital outflows, benefiting the country’s stock market and general economy.
gsk from treatment to prevention for healthy ageing

GSK: from treatment to prevention for healthy ageing

Dr. Pham Thi My Lien, president of GSK Vietnam, spoke with VIR’s Bich Thuy about the importance of adult vaccinations, one of the most effective interventions contributing to improved quality of life, reducing the burden on healthcare, the economy, and society.
vietnam growth drivers travelling in right direction

Vietnam growth drivers travelling in right direction

Vietnam’s economy has achieved significant progress over the past eight months, receiving positive recognition from international organisations and businesses. The macroeconomy remains stable, inflation is under control, and major balances have been maintained.
corporations propose swathe of development initiatives

Corporations propose swathe of development initiatives

Several large corporations such as Vingroup, Thaco Group, KN Holdings Group, and others proposed various initiatives to boost the country's economy and society at a conference held on September 21, chaired by Prime Minister Pham Minh Chinh.
indonesias digital economy sector generates 175 billion usd in tax revenue

Indonesia’s digital economy sector generates 1.75 billion USD in tax revenue

The tax revenue from the digital economy sector in Indonesia reached 27.85 trillion IDR (1.75 billion USD) from 2022 to the end of August 2024, according to the Taxation Directorate General under the country’s Finance Ministry.
hanoi seeks farmers association role in developing collective economy

Hanoi seeks Farmers Association role in developing collective economy

Hanoi People's Committee has implemented a plan for members of the Vietnam Farmers' Association to develop a collective economy in the agricultural sector.
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.
uob forecasts vietnams economic growth to continue boosted by trade and fdi

UOB forecasts Vietnam's economic growth to continue, boosted by trade and FDI

Vietnam's economy is expected to maintain strong growth throughout 2024, supported by rising trade activity and increasing foreign direct investment, while favourable demographics and solid macroeconomic fundamentals underpin its long-term prospects in ASEAN, according to UOB.
structural reforms needed for medium term growth

Structural reforms needed for medium-term growth

The Vietnamese economy is showing signals of recovery, growing from 5.66 per cent in Q1 to 6.93 per cent in Q2. Paulo Medas, mission chief for Vietnam at the International Monetary Fund (IMF), talked with VIR’s Thanh Tung about the outlook, with some headwinds staying ahead.
fdi remains high despite global change

FDI remains high despite global change

Despite global turbulence, Vietnam is emerging with stable growth and is a favoured destination for diverse foreign direct investment (FDI) flows, particularly from Singapore, China, and Japan, according to a recent seminar.
basf performance materials co creates sustainable future with customers

BASF Performance Materials co-creates sustainable future with customers

BASF's Performance Materials division revealed a strategic roadmap on August 29 towards achieving carbon neutrality by 2050, while highlighting key milestones on its path to a circular economy.