Addressing power shortages a prerequisite to economic stability

Addressing power shortages a prerequisite to economic stability

The international community is calling for the country to ensure sufficient and stable power for production, investment, and maintaining its economic stability.
Buy now, pay later offering unique, substantial value

Buy now, pay later offering unique, substantial value

The buy now, pay later fintech segment is attracting strong attention of businesses and consumers and is considered the new piece of the financial market pie.
Where does Vietnam stand in IP provisions of EVFTA?

Where does Vietnam stand in IP provisions of EVFTA?

When the EU-Vietnam Free Trade Agreement (EVFTA) came into effect three years ago, it was expected to change the face of Vietnam’s intellectual property (IP) legal environment with its stringent and protective IP provisions.
New economic challenges and competition expected

New economic challenges and competition expected

Despite good signals on economic recovery, there are many uncertainties that can affect Vietnam.
Headwinds weakening Vietnam’s economic recovery

Headwinds weakening Vietnam’s economic recovery

Vietnam’s GDP growth was only 3.32 per cent in the first quarter compared to the same quarter of the previous year. Growth accelerated in the second quarter but only to 4.14 per cent – very far from the rapid pace of 7-8 per cent annually before 2020.
Flexible and prudent fiscal policies protecting Vietnam

Flexible and prudent fiscal policies protecting Vietnam

The Vietnamese government is making efforts to reach its target for economic growth in 2023 at 6-6.5 per cent this year.
Prospects bright for data centre and cloud infrastructure development

Prospects bright for data centre and cloud infrastructure development

Vietnam now has nine data centre operators, 30 cloud centres, 571,000 servers, and 54.7 million physical cores. Viettel Group operates 13 data/cloud centres, VNPT seven, and the rest run by other businesses.
Legal tweaks could unlock potential

Legal tweaks could unlock potential

Market players are expecting legal improvements in the pharma and healthcare market. Bui Thi Viet Lam, Vietnam country representative of the US-ASEAN Business Council, discussed how important regulatory changes are to its member companies’ strategies here, with VIR’s Bich Thuy.
More to come from landmark EU-Vietnam agreement

More to come from landmark EU-Vietnam agreement

The EU-Vietnam Free Trade Agreement, which came into being in August 2020, committed to creating vast opportunities for Vietnamese businesses to access the EU market and promote the export of goods.
Vietnam’s auto industry needs deeper involvement in global supply: experts

Vietnam’s auto industry needs deeper involvement in global supply: experts

Vietnamese enterprises in the auto industry are not deeply involved in the global supply chain. To become global suppliers, domestic enterprises must be consistent with the management culture and business philosophy of global manufacturers, experts have said.
Clear policies, legal regulations needed for renewable energy development: Experts

Clear policies, legal regulations needed for renewable energy development: Experts

Relevant authorities need to have preferential policies regarding prices and tax rates, and those providing support for investors in accessing loans for renewable energy projects, said insiders.
Outlooks lowered as weaker trade hampers 2023 growth

Outlooks lowered as weaker trade hampers 2023 growth

Slow recovery in domestic production and continued global challenges are expected to leave Vietnam behind its economic growth target this year, with international organisations lowering their forecasts.
Benefits are clear for Britain’s entry into Trans-Pacific deal

Benefits are clear for Britain’s entry into Trans-Pacific deal

The United Kingdom formally signed a treaty on July 16 to accede to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade group, enabling membership of a modern and ambitious trade deal spanning 12 economies across Asia-Pacific and now Europe.
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