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Six global trends shaping Vietnam’s future

Vietnam is recovering strongly with the economy is shifting from survival mode to growth mode. However, if Vietnam is to reach its full potential in the coming years, it will have to effectively navigate a number of global mega-trends that will shape its future, according to CEO of HSBC Vietnam Tim Evans.

More European companies expand investment in Vietnam

43 per cent of European companies in Vietnam plan to increase their investment in the first quarter of 2022, 2.5 times as high as the figure of the third quarter of 2021.

IFC provides $70 million-package for HDBank to boost climate finance

As Vietnam accelerates efforts to transition to low-carbon growth, IFC is providing a $70 million loan to HDBank – one of the country’s leading banks in climate finance – to increase its funding for renewable energy projects in Vietnam.

Businesses anticipate stronger economic rebound next year

Vietnam’s economy will experience the gradual rebound in the next six months before booming again in the second half of 2022.

ADB approved $4.6 million assistance to boost private sector in Vietnam

The financing includes a $2.7 million grant from the Government of Canada and a $1.9 million grant from the Government of Australia, both to be administered by ADB.

EuroCham calls for allowing companies to vaccinate staffs out of their own pocket

Four in five European business leaders agree that businesses should be able to inoculate their workforce, reducing the burden on the state budget while also helping to accelerate the government’s vaccination drive.

How Vietnam is fighting second wave of coronavirus

Despite deaths reported day after day in the resurgence of coronavirus, the country refrains from applying nationwide quarantine as the government tries to mitigate detrimental economic impacts.

Vietnam’s economic growth: Optimistic or pessimistic?

While domestic think tanks in Vietnam show optimism on the local economic growth and forecast a better performance than the government’s target, international organisations are more cautious with lower projections.

Vietnam could realise 6.81 per cent growth in 2019

Vietnam will likely survive on a two-scenario forecast for economic growth this year, at either 6.56 per cent on the safe side or at as high as 6.81 per cent, according to the latest VEPR report.

Vietnam's economy to expand 6.6 per cent in 2019: World Bank

Growth of Vietnam’s economy is projected to moderate to 6.6 per cent in 2019, driven by credit tightening, slower private consumption and weaker external demand, according to World Bank.

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