Eurocham

A large number of European companies foresee an improvement in the macroeconomic outlook for Vietnam in the first quarter of 2025.

As the EU-Vietnam Free Trade Agreement (EVFTA) approaches its fourth anniversary on August 1, 2024, the latest survey by the European Chamber of Commerce in Vietnam (EuroCham) paints a nuanced picture of the pact's impact.

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.

Read the Hanoi Times to keep up with the latest developments in the country.

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.