Economy & Trade

EuroCham Vietnam’s Business Confidence Index for Q2 2024


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


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


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


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


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.

Trump v Biden: How Will the 2024 US Presidential Election Outcome Shape US-Vietnam Relations?


With both Trump and Biden having won previous presidential elections, we have unique insight into how a second term for either candidate could shape future US-Vietnam relations.

Vietnam-Mexico Trade and Investment Relations


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


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.

Vietnam-U.S. Trade and Investment Relations


We discuss bilateral trade and investment relations between Vietnam and the U.S. and prospects under their Comprehensive Strategic Partnership.

Vietnam Sets Record for Newly Established Firms in the First Five Months of 2024


Nearly 65,000 firms entered the Vietnam market in the first five months of 2024 – the highest record ever with a 4.5 percent y-o-y increase.

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