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Solutions to boost Vietnamese supporting industry capacity

Vietnam is seeking solutions to help local businesses overcome obstacles by forming business groups and fields to increase output and quality of products. Vietnamese enterprises in supporting industry should increase cooperation among them to overcome weaknesses amid low engagement of domestic market share in the sectors having foreign players. Akutsu Michio, an expert from the Association […]

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Laos Sees Trade Deficit of USD 133 Million in June

According to the most recent data from the Lao Trade Portal website, the overall value of trade in June was 1 billion US dollars, with 456 million US dollars in exports and 589 million US dollars in imports. The major exports for April included gold, gold bars, paper and paper products, copper ore, wood pulp, waste paper, […]

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HSBC revises up Vietnam’s GDP growth forecast to 6.9% in 2022

Vietnam saw an 11-year-high growth rate of 7.7% y-o-y in Q2/2022, largely reaping the benefits of re-opening tailwinds. HSBC has revised up Vietnam’s GDP growth forecast to 6.9% from the previous 6.6%, making it among the top performers in the region. After two-quarters of sustainable re-openings, Vietnam’s recovery continues to be strong. The country’s second-quarter […]

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