More to do to ensure performance

More to do to ensure performance

Vietnam’s economic growth is forecast to bounce back gradually, but enterprise performance remains weak.
Vietnam’s economic performance in January-May

Vietnam’s economic performance in January-May

In the first five months of this year, the country saw a 2 per cent increase in foreign direct investment, over a 9 per cent increase in total export-import turnover, and nearly a 65 per cent rise in the number of international visitors.
How to build upon market dynamics

How to build upon market dynamics

Despite ongoing inflation challenges in the United States, optimism remains regarding the various trends. VIR’s Linh Le spoke with independent financial experts Tong Quoc Dat and Trinh Van Ha about current movements in the stock market globally and domestically.
The arduous pursuit of economic advances

The arduous pursuit of economic advances

Vietnam’s economic horizon beckons with promise. Managing partner Oanh Nguyen and trainee solicitor Toby Thieu Dong from Baker McKenzie in Vietnam look at the prognosis for the economy here over the next year or so.
A clear path for Vietnam’s robust growth

A clear path for Vietnam’s robust growth

The Asia-Pacific region unfurls a nuanced economic landscape, presenting a fusion of risks and opportunities. Nguyen Luong Hien, partner of Deals Strategy at PwC Vietnam, outlines Vietnam’s economic prospects for 2024.
Prudently addressing Vietnam’s economic liquidity

Prudently addressing Vietnam’s economic liquidity

Vietnam’s economic growth has been slowing since November 2022. This prolonged decline is unusual for Vietnam compared to previous crisis cycles. The Purchasing Managers’ Index has remained very low since then, at 46.4 points, slowly approaching 49 points in July and reaching 50.5 points last month, except for February this year during the Lunar New Year holiday.
The transition to an emerging market

The transition to an emerging market

The first and most significant event in Vietnam’s economic reform policy was the passing of the Law on Foreign Investment in 1987. It was significant as it concretised the Party’s decision to develop the country through opening to foreign investment and moving to a market economy.
SABECO leading a positive recovery

SABECO leading a positive recovery

Manufacturing enterprises such as Saigon Beer-Alcohol-Beverage Corporation are heralding bright spots in Vietnam’s economic picture in 2022 that have created confidence and a foundation for 2023.
Growth forecasts take price risks into account

Growth forecasts take price risks into account

Despite positive forecasts from international organisations on Vietnam’s economic recovery, there are still concerns related to inflation and growth that need solutions and directions from the government.
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.
Australia and Vietnam bulk up partnerships

Australia and Vietnam bulk up partnerships

Australia’s ongoing assistance to Vietnam’s economic recovery and green development, as well as extended collaboration under the Australia-Vietnam Strategic Partnership, were discussed during the official visit last week to Vietnam of the Australian minister for both foreign affairs and women.
Economic status hinges on reopening

Economic status hinges on reopening

Protecting lives and maintaining economic growth in a careful balancing act, the government’s pace of economic reopening will define Vietnam’s economic outlook and foreign investment prospects.
Steadying the economic ship

Steadying the economic ship

Despite numerous challenges making dents in all trade and investment activities, Vietnam’s economic growth quality has seen significant improvements over the past five years in general, eliciting praise from the National Assembly Standing Committee and high-profile international organisations.
Franchising landscape in Vietnam transformed by global pandemic

Franchising landscape in Vietnam transformed by global pandemic

By now, everyone and anyone will have heard of COVID-19 and its terrible impact on society and the global economy. According to a new Asian Development Bank (ADB) report, Vietnam’s economic growth rate will slow sharply in 2020 to 4.8 per cent as a direct result of the crisis.
New growth model for new decade

New growth model for new decade

In 2019, foreign direct investment attraction was a bright spot of Vietnam’s economic picture. It is expected to continue being one of the vital drivers of the country’s growth this year and beyond. Minister of Planning and Investment Nguyen Chi Dung provides an in-depth look into how FDI has and will greatly contribute to the nation’s prosperity.
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