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China Tops Asia Manufacturing Index Despite Challenges

China Tops Asia Manufacturing Index Despite Challenges

by Teuvo Tuomi | Oct 24, 2024 | China, Asia, Malaysia, Manufacturing, News, Vietnam

For the second time in a row, China ranks first in the Asia Manufacturing Index by Dezan Shira & Associates. China maintains its leadership despite significant shifts in its production landscape and traditional markets. The country’s industrial output remains...
Vietnam’s Economy to Expand 7% This Year: PM

Vietnam’s Economy to Expand 7% This Year: PM

by Teuvo Tuomi | Oct 21, 2024 | News, Economy, Vietnam

Vietnam’s economy is expected to be worth US$500 billion next year, ranking the 4th largest in Southeast Asia, Prime Minister Pham Minh Chinh says. Vietnam grew from $346 billion in 2020 to $433 billion last year. And this year, the GDP is set to expand by 7%,...
VIETNAM’S RESILIENCE SHINES: EUROCHAM BUSINESS CONFIDENCE INDEX GROWS AMIDST TYPHOON YAGI’S AFTERMATH

VIETNAM’S RESILIENCE SHINES: EUROCHAM BUSINESS CONFIDENCE INDEX GROWS AMIDST TYPHOON YAGI’S AFTERMATH

by juuso | Oct 18, 2024 | Vietnam, Business, Economy, EU, Hanoi, Ho Chi Minh, News

[Vietnam, 8 October 2024] The European Chamber of Commerce in Vietnam (EuroCham Vietnam) has released its Q3 2024 Business Confidence Index (BCI) report, reflecting a positive trend in business sentiment despite the economic challenges posed by Typhoon Yagi and...
“Getting to Green” Highlights Nordic Innovation

“Getting to Green” Highlights Nordic Innovation

by Teuvo Tuomi | Oct 10, 2024 | Vietnam, Environment, Event, Innovation, News, Sustainability

The Nordic embassies in Vietnam will host “Getting to Green” on 22 October in Ho Chi Minh City as part of the Green Economy Forum & Exhibition 2024. The event will bring together Nordic ambassadors, businesses, government representatives, and academics to discuss...
New Apartment Sales Dive in Ho Chi Minh

New Apartment Sales Dive in Ho Chi Minh

by Teuvo Tuomi | Oct 7, 2024 | Vietnam, Economy, Ho Chi Minh, Infrastructure, News

In Ho Chi Minh City, 1,915 apartments were sold in the primary market in the third quarter, down 16% from the second, according to property consultancy Savills Vietnam. The absorption rate was 39% in the third quarter, a 2%-point decrease from the second. Mid-priced...
Vietnam’s Growth Remains Strong Despite Yagi

Vietnam’s Growth Remains Strong Despite Yagi

by Teuvo Tuomi | Oct 7, 2024 | Vietnam, Business, Economy, News

Vietnam’s gross domestic product (GDP) increased by 7.4% during the 3rd quarter of this year despite damage caused by Typhoon Yagi, the General Statistics Office (GSO) reports. The industry, construction, and service sectors remain strong, with a growth rate of 9.1%...
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