by Teuvo Tuomi | Dec 30, 2024 | Economy, News, Singapore, Vietnam
According to the UK-based Centre for Economics and Business Research (CEBR), Vietnam’s GDP will surpass Singapore’s in five years, reaching $676 billion by 2029. By 2039, Vietnam’s GDP could rise to $1.41 trillion, ranking 25th worldwide and becoming Southeast Asia’s...
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...
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...
by Teuvo Tuomi | Jan 28, 2024 | Economy, Environment, News, Technology, Vietnam
Fifteen companies from the United States, including semiconductors firms, have expressed interest in investing $8 billion in Vietnam’s clean energy infrastructure, US Undersecretary for Economic Growth and the Environment Jose Fernandez says. Vietnam is seeking...
by Teuvo Tuomi | Jan 22, 2024 | Technology, News, Vietnam
Vietnam will launch its first-ever indigenous weather satellite early next year to provide early warnings against natural disasters. LOTUSat-1, which is being built with assistance from Japanese engineers, is expected to be completed in March, according to Le Xuan...
