Vietnam’s Digital Economy Growth in the First Half of 2024

Vietnam's Digital Economy Growth in the First Half of 2024

In the first half of 2024, Vietnam’s digital economy growth has shown significant positive signs, contributing approximately 18.3% to the GDP, marking a 22.4% increase. This impressive performance indicates that the target set by the 13th National Party Congress to achieve a 20% digital economy by 2025 is within reach. During the 9th meeting of … Read more

Investing in Vietnam: May 2024

Investing_in_Vietnam

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

A Crucial Step Forward: The Complex Decision to Recognize Vietnam Market Economy Status

Vietnam Market Economy Status

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

Slow Progress in Corporate Reform in 2024

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