Economy & Trade

US Commerce Department Delays Decision on Vietnam’s Market Economy Status Due to IT Disruptions

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The US Commerce Department has delayed its decision on upgrading Vietnam to market economy status to August 2 due to IT disruptions caused by CrowdStrike software issues.

How Will the 2024 US Presidential Election Outcome Shape US-Vietnam Relations?

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We discuss how the US election outcome could shape future US-Vietnam relations based on the previous track record of the candidates.

Prospects for Environmental Technology Investors in Vietnam

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Vietnam’s commitment to sustainable development and achieving net-zero (carbon emission) goals offers significant opportunities for environmental technology innovation and foreign investment.

EuroCham Vietnam’s Business Confidence Index for Q2 2024

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EuroCham’s Q2 2024 BCI report shows European businesses in Vietnam are generally optimistic, yet underscores the necessity for enhanced policy and regulatory reforms to improve the business environment.

Vietnam’s Economic Performance in H1 2024: Key Indicators and Growth Forecast

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Vietnam’s strong economic performance in the first half of 2024 has led the General Statistics Office (GSO) to project a 6-6.5 percent growth rate for the year, meeting the government’s target.

Vietnam-South Korea Trade and Investment

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Vietnam and South Korea are poised to continue to complement their respective economic and industrial strengths and expand their cooperation in frontier sectors.

Understanding Vietnam’s Middle Class: Size, Spending Patterns, and Opportunities for Businesses

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Vietnam aims to achieve upper-middle-income status by 2035, with its middle class projected to reach 26 percent of the population by 2026.

Vietnam Calls for Chinese Support in Advancing Rail Projects

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The Vietnam government is seeking more Chinese investments and technological support in advancing national and cross-border rail projects, which will both reduce logistics costs and provide effective public transportation.

Vietnam-Mexico Trade and Investment Relations

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Vietnam and Mexico are growing their bilateral trade partnership as CPTPP members and benefit from their complementary economic structures.

EU Updates Food Safety Measures for Vietnam Agrifood Exports

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We note the updated EU food safety regulations as of June 2024, impacting Vietnam’s agrifood exports, including instant noodles and farm produce, along with a list of best practices.

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