Cautious optimism, but administrative bottlenecks remain stumbling blocks for European businesses
The BCI fell from 52.8 in Q1 to 51.3 in Q2 despite the country's robust GDP growth in the year's first half.
The BCI fell from 52.8 in Q1 to 51.3 in Q2 despite the country's robust GDP growth in the year's first half.
European businesses show optimism for Vietnam's economy in the near and long term.
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Under the theme "FDI Enterprises Pioneer in Green Growth", this year's Vietnam Business Forum promotes dialogue and co-operation among stakeholders for sustainable economic growth.
The European business community in Vietnam acknowledges advancements in local tax policy and administration, noting a proactive approach to enforcement.
The suggested solutions, if implemented, would greatly help to achieve this objective.
Vietnam's foreign partners, such as AmCham and EuroCham, expect to further penetrate the domestic clean energy industry.
Vietnam's top lawmaker affirmed that people and businesses are put at the center of the country's consistent policy in the process of development and international integration.
A worsening global economic environment is taking its toll on the optimism amongst European business leaders in Vietnam.
The MOU aims to advance EU-Vietnam sustainable development cooperation through comprehensive dialogue, investment coordination, knowledge sharing, and technology transfer.