Vietnam poised to reap rewards of rebound in global demand: AMRO
Given its continued allure for FDI and burgeoning opportunities in renewable energy, the country is well-positioned to attract green investments that can drive sustainable growth.
Given its continued allure for FDI and burgeoning opportunities in renewable energy, the country is well-positioned to attract green investments that can drive sustainable growth.
Ensuring an attractive investment environment "capable of mobilizing capital" is crucial to attracting long-term investment in infrastructure development.
Vietnam’s offshore wind power is expected to reach around 6,000 MW by 2030, with potential for further growth given rapid technological development, reasonable electricity prices, and transmission costs.
Hanoi is willing to support Vientiane in developing high-quality human resources.
The total imported power capacity from Laos could reach 5,000-8,000 MW by 2030, increasing to 11,000 MW by 2050.
Furniture accounted for up to 82.9% of Vietnam’s total export turnover in wood and wood products last year, reaching nearly $8.4 billion.
The strategy to attract more FDI should begin with understanding and assessing the competitive landscape between Vietnam and other Southeast Asian countries.
The implementation of the new trading system is poised to play a key role in the Vietnamese stock market's upcoming upgrade to emerging market status by 2025.
State-owned enterprises need to 'dare to think, dare to do, and dare to take responsibility' to develop with new vigor and enthusiasm.
By February 20, the total foreign direct investment (FDI) reached nearly US$4.3 billion, a 39% increase compared to the same period last year.