Vietnam Economic Analysis :
News
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Neighbouring real estate wobbles and their impact on Vietnam
For many foreign investors, the two neighbouring countries of Vietnam and China seem to be similar in terms of their socioeconomic and political structure. Thus, investors exercising caution with the Vietnamese market. Prof. Dr. Andreas Stoffers, Country Director of the Friedrich Naumann Foundation in Vietnam, outlined his thoughts to the Vietnam Investment Review (VIR).
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Vietnam: Unlocking More Opportunities to Attract U.S. Investment
Over the past few years, American companies have been actively investing in Vietnam, with a consistent rise in the number of projects and registered capital. In the first half of 2023 alone, U.S. investors contributed over $405 million, ranking 8th among countries and territories investing in Vietnam. Businesses are looking at Vietnam as a destination for development and opportunities. Vietnam should take this opportunity to welcome more "eagles" from the U.S. to add a decisive boost to their long-term economic growth goals.
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The Vietnam Annual Economy Report 2023: Business Linkage and Development for an Autonomous Economy
In Hanoi, on June 22nd, 2023, the Launching Conference of the Vietnam Annual Economy Report 2023 was held by the Vietnam Institute for Economic and Policy Research (VEPR) in collaboration with FNF Vietnam. The report, with the theme " Business Linkage and Development for an Autonomous Economy," presents several important policy recommendations aimed at enhancing the competitiveness of businesses and strengthening business linkages in the new context.
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Progress clear on Vietnam’s trade path
After more than two decades of robust growth, Vietnam has again shown exceptionally strong economic development in the past year. In the last 10 years, the volume of trade with the European Union has increased 2.3 times, and the EU is now Vietnam’s third-largest trading partner.
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Vietnam must meet the challenge of a Global Minimum Tax
137 countries have agreed on details for tax reform after years of negotiations. Supporters of this global minimum tax (GMT) speak of a historic breakthrough in the fight against tax avoidance. However, there is also criticism. Vietnam is an official partner of the GMT and currently is trying to adapt the new rules in the best possible way to continue to be attractive for FDI.
