A recent strong influx of FDI to Vietnam has prompted the government to design long-term policies and create a favourable and transparent environment for foreign investors to operate in a long term in the country, according to experts. Statistics from the Ministry of Planning and Investment showed that 35-40% of the total FDI capital injected […]
Read MoreHigh-tech foreign investments will continue to propel Vietnam’s economic growth for years to come, Michael Kokalari, chief economist at investment fund VinaCapital, has said. Vietnam’s economic growth has been accelerating this year, and so the World Bank (WB), International Monetary Fund (IMF) and others have sharply revised up their GDP growth forecasts for the country, […]
Read MoreEconomic resilience is essential for Vietnam to promote growth and keep inflation under control. Vietnam aims to ensure macroeconomic stability and stands ready to address inflation risks for high economic growth, according to a prime ministerial directive issued recently. Under Directive No.15, giving measures to promote economic development in a volatile world in the remainder of […]
Read MoreThe SBV set the credit growth target at 14% this year, higher than the 2020-21 period, which was 12.17% and 13.61%, respectively. The State Bank of Vietnam (SBV), the country’s central bank, would keep the credit growth target unchanged for this year, as an expansion may impact the banking sector’s liquidity and raise the average […]
Read MoreGDP (gross domestic product) growth has slowed down. The risk of falling to the middle-income trap and economically lagging behind exist. These are the challenges for Vietnam on the road to becoming a developed country by 2045. The Ministry of Planning and Investment (MPI) has projected two scenarios for Vietnam by 2050 in the draft […]
Read MoreFrom shopping malls to store chains in residential quarters, Japanese retailers are ambitious about entering the Vietnamese market. Japanese stores are attractive for their buffet food counters providing bread, sweet cakes, coffee, sushi and Japanese food, with spacious seats and conveniences such as charging stations and wifi. Young people can also order at kiosks which […]
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