us commerce department reviews vietnams market economy status

US Commerce Department reviews Vietnam's market economy status

The US Department of Commerce conducted hearings to determine if Vietnam qualifies as a "market economy" on May 8. These discussions, held virtually from Washington DC, featured arguments from supporters and detractors of the designation.
vietnam welcomes us commerce departments consideration of market economys status for vietnam spokesperson

Vietnam welcomes US Commerce Department’s consideration of market economy's status for Vietnam: spokesperson

Foreign Ministry spokesperson Pham Thu Hang on May 9 said that Vietnam welcomes the US Commerce Department’s consideration of upgrading Vietnam to 'market economy' status.
surging costs and fleet changes drive vietnams airfares up in 2024

Surging costs and fleet changes drive Vietnam's airfares up in 2024

The Civil Aviation Authority of Vietnam (CAAV) has reported a notable increase in the average cost of economy class airfares across various routes operated by Vietnamese airlines in 2024, inclusive of taxes and fees.
the blueprint to unlocking ho chi minh citys potential

The blueprint to unlocking Ho Chi Minh City’s potential

Ho Chi Minh City is a vibrant metropolis in Vietnam. Rizwan Khan, managing partner​ at Acclime, explains how its rich history, dynamic economy, and diverse culture can offer the city the potential to become a global-scale megacity.
vietnam must recalibrate policy mix and pursue reforms

Vietnam must recalibrate policy mix and pursue reforms

Vietnam’s economy faced significant challenges last year, with growth slowing to 5.1 per cent due to export contraction. Following a 6.7 per cent rebound in the last quarter of 2023, the economy decelerated to 5.7 per cent in the first quarter of this year.
strategic advances can build on vietnams position in logistics

Strategic advances can build on Vietnam’s position in logistics

Vietnam is aiming to become an industrialised country by 2045. Consultant Long Pham and Vietnam country director Andreas Stoffers from the Friedrich Naumann Foundation for Freedom explain why this extreme ambition requires comprehensive activities across the economy and society.
mpi improving business environment key to recovery

MPI: Improving business environment key to recovery

Vietnam should focus on accelerating growth to ensure macroeconomy stability, controlling inflation, increasing production, and removing difficulties for businesses for the remainder of 2024.
creative economy opens up new space for economic development

Creative economy opens up new space for economic development

Exporting creative goods generates billions of dollars for Vietnam each year, but understanding of this economy is still in its very preliminary stages.
vpbank highlights smbc deal at agm

VPBank highlights SMBC deal at AGM

Nguyen Duc Vinh, CEO of VPBank, spoke of the significant strides made last year at the bank's AGM on April 29, despite the challenges. A highlight of the year was VPBank selling a stake to Sumitomo Mitsui Banking Corporation (SMBC), infusing nearly $1.5 billion into the bank and positioning VPBank for growth as the economy recovers.
core principles of growth still apply

Core principles of growth still apply

Five decades of development progress and lessons for the future Vietnam has achieved much progress in economic growth over the past decades. Jonathan Pincus, senior international economist at the United Nations Development Programme in Vietnam, analyses how the economy has grown and offers lessons for the future.
seeking to build a digital intelligent asia pacific

Seeking to build a digital, intelligent Asia-Pacific

More than 2,000 government officials, scholars, partners, and analysts from 15 Asia-Pacific countries and regions gathered at the Huawei Digital and Intelligent APAC Congress in Thailand on April 29 to discuss the deployment of digital and intelligent infrastructure.
green logistics is unavoidable

Green logistics is unavoidable

Experts have gathered at the APEC Workshop on Promoting Green Logistics for Inclusive and Sustainable Growth 2024 to assess the opportunities and challenges of implementing green logistics for businesses.
australia commits aud245 million to boost vietnams renewable energy and climate resilience

Australia commits AUD245 million to boost Vietnam's renewable energy and climate resilience

The Australia-Vietnam Green Economy Summit took place in Ho Chi Minh City on April 16, attracting nearly 200 businesses, investors, and experts from both countries.
climate leaders network aims to elevate role of women in green economy

Climate Leaders Network aims to elevate role of women in green economy

The newly established Climate Leaders Network (CLN) is aiming to elevate women's leadership and their impact on Vietnam's transition to a sustainable and green economy.
asean strength to be built on with trade reforms

ASEAN strength to be built on with trade reforms

Vietnam and ASEAN member states are jointly deploying measures to boost the region’s economy, with a focus laid on upgrading a regional agreement on trade in goods.