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Establishing more focused inspections in business sphere

Vietnam has made improvements in specialised inspection procedures to increase business facilitation. However, challenges remain in the enforcement of new free trade agreements.

Foreign investors maintain interest in Vietnam

Despite a year-on-year slip in foreign direct investment (FDI) to Vietnam in the first four months of the year, foreign investors still signed major deals in the country and confirmed its ongoing investment appeal.

Vietnamese buyers cross the ocean for M&A transactions

A recent significant jump in Vietnam’s investment abroad, raising direct funds, and mergers and acquisitions are slated to help local companies quench the thirst for high-quality capital, improving their international status, and expanding their customer bases.

Right time to reform for future success

Since last year, Vietnam has been weathering difficulties caused by the health crisis to reach positive growth, with a safe environment for people and enterprises to perform in. Andrew Jeffries, country director for Vietnam of the Asian Development Bank, writes about the country’s steady journey amid the COVID-19 pandemic, with a need to further apply digital solutions in the economy.

Indonesia speeds up foreign investment appeal with Vietnam and Singapore

Indonesia is stepping on the gas in the race for foreign investment, with new incentives targeting the production of electric vehicles and batteries.

Using past lessons to build the future

Over the past 46 years, Vietnam has weathered numerous difficulties in the economic sphere. Raymond Mallon, a senior economic expert based in Vietnam, provides perspective on how the economy has performed since national reunification in 1975, and analyses the key factors and measures that might help Vietnam achieve its objective of becoming a developed nation by 2045.

Foreign partners help to lay foundations for Vietnam’s rise

In the 46 years since national reunification, Vietnam’s development has witnessed great strides with major contributions from foreign investment, which has been targeted to continue being an important driver of the domestic economy.

Vietnam possessing advantage in AI field

Besides major AI investments by operational firms in Vietnam, the involvement of a new player in the country will not only contribute to realising the country’s national strategy on research and development and AI application, but also encourage foreign investment capital inflow in the sector.

Positive growth revisions on the cards after resilient Q1

With its relatively good economic growth in the first quarter driven by surging manufacturing and processing activities and strong control of COVID-19, Vietnam has earned more praise from high-profile international organisations that are expected to revise up the country’s growth outlook this year.

Services sector expected to expand by 7-8 percent this decade

Vietnam’s services sector is targeting a growth rate of 7-8 percent in the 2021-2030 period, higher than the economy’s average growth rate, and eyeing to account for 50 percent of GDP by 2030.

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