HSBC revises down Vietnam GDP growth projection to 7% in 2021
Vietnam is on track to remain the fastest-growing economy among major countries in ASEAN.
Vietnam is on track to remain the fastest-growing economy among major countries in ASEAN.
Rapid urbanization and rising middle class are among the biggest drivers for the growth of Vietnam's logistics sector.
Vietnam continues to stay as an outperformer in the Asia – Pacific region amid the Covid-19 pandemic, stated an S&P expert.
More than half (55%) of Vietnamese companies remain optimistic about growth, well above the global average (29%).
Digitalization will be a significant need for Vietnam to boost industrial competitiveness, enhance human capital, as well as keep up with regional and international standards, according to PwC Vietnam.
Vietnam's 2021 growth is forecast at 11.2%, the highest in the Asia-Pacific region.
While countries across the world are still in the fight against Covid-19, Vietnam has resumed business as usual and become one of the first countries to diversify the supply chains.
The pandemic is changing consumer behavior and expectations in the Pacific, particularly when it comes to using digital tools for financial transactions.
In many countries, new approaches to flood management are replacing traditional reactive measures.
Vietnam’s economy is expected to buck the global trend and expand by 3.0% year-on-year in 2020, being one of the best performing economies in the world in 2020.