Vietnam set to stay among Asia highest growing economies in 2021: HSBC
In 2021, Vietnam is set to benefit from a tech-led recovery, consistent FDI inflows and numerous trade agreements.
In 2021, Vietnam is set to benefit from a tech-led recovery, consistent FDI inflows and numerous trade agreements.
The central bank has taken both monetary and fiscal policies all together to ensure macro and social stability.
More than half (55%) of Vietnamese companies remain optimistic about growth, well above the global average (29%).
Despite high economic openness and growing global uncertainties, Vietnam’s economy still maintains its resilience and is on track for a V-shaped recovery, stated economist Nguyen Minh Phong.
The project will support the country’s pledge of increasing forest cover to 45%.
While Vietnam is on track to witness the strongest growth in ASEAN this year, a weakening job market is the biggest risk to its economic recovery.
Covid has made us focus as a society collectively on a range of ways of new solutions to familiar problems in order to help live our lives during a pandemic.
Stocks of large companies with stronger environmental, social and governance (ESG) ratings have outperformed the global average by 4.7% since mid-December 2019.
Amid global uncertainty, Vietnam continues to attract fresh FDI and remains an exception to a subdued private investment outlook of the Southeast Asian region in recent quarters.
What should you do if you plan for retirement when the Covid-19 pandemic is wrecking havoc on the global economy? An HSBC expert will give you some ideas.