European firms’ confidence in Vietnam’s business environment slightly declines but still strong: EuroCham

European firms’ confidence in Vietnam’s business environment slightly declines but still strong: EuroCham

The confidence of European enterprises in Vietnam’s investment and business environment slipped further to 62.2 percentage points in the wake of a worsening global economic downturn but still remains strong, according to the recent Business Climate Index (BCI) survey published by the European Chamber of Commerce (EuroCham) in Vietnam.
South Korean investors lavish attention on Vietnam

South Korean investors lavish attention on Vietnam

More South Korean investors are interested in Vietnam’s business environment thanks to the abundance of an affordable and young workforce as well as rapid digital transformation.
Identifying emerging risks in the current business environment

Identifying emerging risks in the current business environment

The interdependencies within the value chain create changes in business models. This has challenged many to think about how to manage risks.
European firms optimistic about Vietnam's business environment after social distancing

European firms optimistic about Vietnam's business environment after social distancing

Vietnam posted 18.3 percentage points in the Business Climate Index (BCI) in the third quarter of 2021 that was recently announced by the European Chamber of Commerce in Vietnam (EuroCham), a slight rise over the record low of 15 percentage points recorded in the most difficult time of the fourth wave of COVID-19 infections in September.
Longer-term FDI strategy in need of situational tweaks

Longer-term FDI strategy in need of situational tweaks

The pandemic is forcing a number of factories to either stop operations or pare down capacity, which has increased pessimism about the short-term outlook of Vietnam’s business environment.