Increased market access, especially to the US, would have supported an export manufacturing boom and outsized GDP growth.
Bilateral trade and investment from the US into Vietnam are expected not to see drastic changes under US President Donald Trump.
HCM City authorities have urged the city’s Department of Planning and Investment to propose solutions to achieve a GRDP of between 8.4 and 8.7 per cent this year.
The Mekong Delta’s agriculture plays a key role in national economic development but the sustainability of its production remains low and hasn’t met the requirements of a modern agriculture.
The property market of Vietnam is attractive to foreign investments due to the country’s rapid ubanisation, open policies and improved investment climate, experts said.
Việt Nam’s leather and footwear industry expects to reach a total export value of US$18 billion this year, up 10 per cent from last year.
Domestic firms should make great efforts in the competition with foreign invested firms to contribute more actively to the global value chain and participate more effectively.
More and more Japanese agribusinesses are entering Vietnam and other growth markets in Asia amid dim prospects at home, according to Nikkei Asian Review.
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Vietnam is best placed to become the region’s Silicon Valley, thanks to successful education policies, government support...
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