In a world rife with geopolitical conflicts that stymie economic progress, Vietnam stands out as a beacon of stability and growth. Here’s why foreign investors should seriously consider investing in Vietnam and explore this dynamic market. Strong FDI Performance of Investing in Vietnam: May 2024 According to the Vietnam Foreign Investment Agency, in the first … Read more
In 2024, the United States faces a pivotal decision that could significantly alter its trade relationship with Vietnam and influence geopolitical dynamics in Southeast Asia. This decision revolves around whether to grant Vietnam market economy status, a designation that Vietnam has sought to achieve in its continued integration into the global economic system. Here, we … Read more
State Divestment in Vietnam Update In Vietnam, the State divestment in Vietnam or the process of restructuring and privatizing state-owned enterprises (SOEs) has faced significant delays, especially in the first four months of 2024. Despite plans laid out for the 2022-2025 period to privatize 19 companies and withdraw state investment from 141 enterprises, only a … Read more
Nike has chosen Vietnam as its largest production base, with more than 50% of its footwear output manufactured here, surpassing China’s role in recent years. Key reasons include competitive labor costs, robust factory infrastructure, and strong market appeal, especially in the U.S. Vietnam’s footwear industry, has become a pivotal export sector despite challenges such as … Read more
