Economy
Breaking Free From Middle-Income Trap
“Professor Andreas Hauskrecht from Indiana University, who first visited Vietnam in 1991 when the country’s GDP per capita was a modest US$140, recently returned to attend the Vietnam- US. Cooperation Forum in Hanoi. he was amazed to see that Vietnam’s GDP per capita has risen to US$4,300, calling it a testament to the country’s ” […]
Labour Market Needs Top Talent To Embrace New Trends
“Over the past five years, Việt Nam’s labour market has undergone significant transformation due to technological advancements, the COVID-19 pandemic, and economic shifts, necessitating adaptation from both employees and recruiters to new trends. The Fourth Industrial Revolution, the COVID-19 pandemic, AI advancements like ChatGPT, the rise of the chip industry, tech sector volatility, economic slowdown […]
Five Southeast Asian Nations Agree To Share Aviation Safety Data
” Indonesia, Malaysia, The Philippine, Singapore, and Thailand signed a memorandum of understanding on Wednesday, aiming to launch the plan to the end of the year, their civil aviation authorities said a joint statement. The agreement come as air travel recovers from the COVID-19 pandemic, which hammered tourism in the region. The initiative was mooted […]
Forex Management On Edge
“The exchange rate between the U.S. dollar and Vietnam dong has surged, reaching a peak last seen in June 2024/ immediately after the U.S. Federal Reserve announced an interest rate cut of 25 basic points in December 2024. Simultaneously, the FED signaled a slower- than expected pace of rate reductions. Consequently, the U.S. Dollar Index […]
Solving Challenges Critical To Country’s New Semiconductor Industry And Market
“The semiconductor industry is one of the most important strategic industries globally and Việt Nam is actively participating in the semiconductor ecosystem at both regional and global levels. Việt Nam’s strategic location and growing manufacturing capabilities make it an attractive destination for semiconductor companies looking to expand their global production footprint, with companies like Intel, […]
Standardising Regulations To Construct Green Building
“Many green buildings are being constructed in Hà Nội and across the country to minimize environmental impacts, protect human health and provide top-quality living conditions. However, the number of green buildings remains relatively modest. Experts have identified several obstacles and recommended solutions to promote green projects, aiming towards smart, sustainable urban construction. To encourage green […]
2025 GDP Growth Target: Ambitious And Challenging
“The growth rate in 2024 places Việt Nam among the top-growing economies in the East Asia-Pacific region, according to the World Bank’s Chief Economist for Việt Nam, Laos and Cambodia, Andrea Coppola. This is really good news, coming right at the beginning of the new year 2025, boosting a positive sentiment amongst investors, businesses and […]