With the election of a new Australian government, the chance to elevate ties between Hanoi and Canberra to the level of a comprehensive strategic partnership is within reach.
Textile firms are bracing for a profit plunge in the second half of this year, with the number of new orders slowing down since the middle of the second quarter.
Online video piracy is worsening in Vietnam with the number of users watching or listening to pirated stuff estimated at 15.5 million, the third highest in the Southeast Asia.
The country’s travails could deepen China’s influence and destabilize the longstanding alliance between Hanoi and Vientiane.
Nguyen Chi Dung’s latest mark beats previous official range of 6-6.5%
Vietnam’s economy grew at a 7.72% annual pace in the second quarter on the back of robust exports, government data showed on Wednesday, though authorities noted challenges such as rising inflation for the second half of the year.
As the sole breadwinner of a family that can barely afford to make ends meet, Huong has no idea how she would be able to take care of herself after retirement.
Participation in the new U.S. initiative could advance Vietnam’s aspiration for economic gains and a firm status in the regional economic architecture, but its full-fledged engagement is unlikely.
Given that the China threat looms large for both Vietnam and India, the bilateral relationship between New Delhi and Hanoi is likely to gain even greater traction.
In Vietnam, the economy of the sea and coastal provinces and cities accounts for almost half of its GDP.
While supply disruptions caused by the global COVID-19 pandemic have not come to an end, firms in Vietnam have to face increasing thinner supplies of fuels and materials for production due to the Russia-Ukraine conflict, Vietnamese experts said.
Vietnam is highly integrated into the global economy and since 2017, trade has consistently sat above 200 per cent of GDP. Vietnam has trade relationships with more than 150 countries, but the majority of its trade is concentrated between China, South Korea,…
Japanese Prime Minister Fumio Kishida visited Vietnam (April 30-May 1) after completing his visit to Indonesia and his predecessor Prime Minister Suga had visited Vietnam in 2020.
Vietnamese businesses are already seeing the fallout from the conflict in Eastern Europe, and the impacts are only set to increase.
Vietnam’s economy will grow by 6-6.5 percent this year, but it will be difficult to keep inflation to the targeted 4 percent rate, a group of academics have warned.
The Business Climate Index (BCI) of European companies in Vietnam in Q1 reached its highest level, at 73 points, since the fourth coronavirus wave hit the country last April.
The Ho Chi Minh City economy beat experts’ predictions with 1.88 percent growth in the first quarter after shrinking by 11.6 and 25 percent in the last two quarters.
Vietnam, south-east Asia’s fastest-growing economy, reaffirmed its outlook for an expansion of as much as 6.5 per cent this year, as it expects activity to pick up from a slower-than-expected first quarter as risks from COVID-19 recede.
The Prime Minister has just issued Decision No. 360/QD-TTg approving the project “Restructuring state-owned enterprises (SOEs) to restructure poorly performing state-owned economic groups and corporations in the 2021-2025 period to make them stronger.
As the Russia-Ukraine conflict unfolds and completes a month, Vietnam Briefing looks at the impact of the conflict on Vietnam as well as businesses in the country. While it’s still early to determine long-term effects, we examine the short-term effects…
Hanoi refrains from condemning Ukraine invasion by its old Soviet partner
Dragon Capital has upped its inflation forecast for this year from 3.5 percent to 3.58-4.18 percent following the surge on oil prices due to the Russia-Ukraine imbroglio.
The state visit to Singapore by President Phuc is significant on many levels
Despite challenges posed by the COVID-19 pandemic, Vietnam remains an attractive location for manufacturers that seek relocation from China, and it is gaining advantages with the Regional Comprehensive Economic Partnership (RCEP) agreement taking effect.
The surge in crude oil prices to an eight-year high is set to have a major inflationary effect in Vietnam.
Vietnam was an economic star in 2020, as it managed to control the COVID-19 pandemic while maintaining one of the highest growth rates in the world.