Economy & Trade

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.

Vietnam-U.S. Trade and Investment Relations

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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

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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.

HCMC, Hanoi Among World’s 10 Fastest-Developing Cities: New Report

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HCMC and Hanoi rank second and sixth, respectively, among the world’s fastest-developing cities, per the Growth Hubs Index by Savills property consultancy.

The 2023 PCI-PGI Report: Ranking Vietnam’s 65 Provinces on Economic Governance & Competitive Reforms

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The 2023 Provincial Competitiveness Index (PCI) and Provincial Governance Index (PGI) report provides valuable insights for foreign investors in Vietnam. We discuss the key findings.

Vietnam Unveils Ambitious Master Plan for North Central and Central Coastal Regions

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Vietnam’s North Central and Central Coast regions, home to 11 provinces boasting extensive coastlines, stands to benefit under a new Master Plan. We provide key details.

Funding Vietnam’s Green Growth: The ESG Initiative and Work of Credit Institutions

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Vietnam’s regulators, banks, and international aid agencies are promoting the adoption of ESG by private firms by easing funding access, supporting the implementation of the country’s Green Growth Strategy for 2021-2030.

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