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Vietnam Looking for 75% GDP Increase by 2030

Vietnam Looking for 75% GDP Increase by 2030

by Teuvo Tuomi | Jul 24, 2024 | ASEAN, Business, Economy, News, Southeast Asia, Vietnam

The Vietnamese government has set a goal to bring GDP per capita to $7,500 by 2030, up 75% from 2023. GDP per capita rose 1.6% to $4,284.5 last year, according to the General Statistics Office. S&P Global Ratings expects Vietnam’s GDP per capita to reach...
Finland Reclaims Fireworks Title in Da Nang

Finland Reclaims Fireworks Title in Da Nang

by Teuvo Tuomi | Jul 23, 2024 | ASEAN, Culture, Entertainment, Finland, Lifestyle, Vietnam

The Finnish fireworks team Pyro has reclaimed the championship of the 2024 Da Nang International Fireworks Festival (DIFF) after beating its Chinese rival in the final round in Da Nang. The Finnish team used about 10,000 firecrackers, double that of its Chinese...
E-Commerce in Vietnam and Thailand Grows Fastest in SEA

E-Commerce in Vietnam and Thailand Grows Fastest in SEA

by Teuvo Tuomi | Jul 21, 2024 | ASEAN, Business, Digitalization, News, Southeast Asia, Technology, Thailand, Trade, Vietnam

Vietnam and Thailand are the fastest-growing e-commerce markets in Southeast Asia, according to a new report by OpenGov Asia. The report also highlights Vietnam’s ascent past the Philippines to become the third-largest e-commerce market in the region.Last year, the...
Laos and Vietjet Increase Collaboration

Laos and Vietjet Increase Collaboration

by Teuvo Tuomi | Jul 18, 2024 | ASEAN, Laos, News, Southeast Asia, Tourism, Travel, Vietnam

Laotian Ministry of Public Works and Transportation and VietJet Airline will enhance air transportation between Laos and Vietnam. The collaboration is expected to create up to 2,500 new jobs in the aviation sector. VietJet is set to collaborate with the Department of...
Vietnam’s Growth Fastest in ASEAN: AMRO

Vietnam’s Growth Fastest in ASEAN: AMRO

by Teuvo Tuomi | Jul 17, 2024 | ASEAN, Business, Cambodia, Economy, Philippines, Singapore, Southeast Asia, Vietnam

The ASEAN+3 Macroeconomic Research Office (AMRO) has revised Vietnam’s economic growth forecast to 6.3% for 2024 in its latest update. The growth rate is 0.3% higher than the April forecast. It is also the highest among ASEAN countries for 2024. The Singapore-based...
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