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Vietnam’s Industries Expected to Be Among Three Most Competitive in SEA: Report

Vietnam’s Industries Expected to Be Among Three Most Competitive in SEA: Report

by Teuvo Tuomi | Nov 7, 2024 | ASEAN, Manufacturing, News, Southeast Asia, Vietnam

Vietnam is expected to be among the top three Southeast Asian countries in terms of industrial competitiveness by the end of this decade, according to the Ministry of Industry and Trade (MoIT). The program promotes the country’s industrialization and...
Finland Is Committed to Transform Ho Chi Minh into Sustainable Hub: Tavio

Finland Is Committed to Transform Ho Chi Minh into Sustainable Hub: Tavio

by Teuvo Tuomi | Oct 25, 2024 | News, Environment, Finland, Ho Chi Minh, Sustainability, Vietnam

“The remarkable growth of Ho Chi Minh City is impressive, and I commend its efforts in driving such rapid development,” Finland’s Minister for Foreign Trade and Development Ville Tavio says. “Finland is fully committed to supporting the city’s...
Vietnam to Grow Fastest in SEA: IMF

Vietnam to Grow Fastest in SEA: IMF

by Teuvo Tuomi | Oct 25, 2024 | ASEAN, Economy, News, Philippines, Reports, Southeast Asia, Vietnam

The International Monetary Fund (IMF) forecasts Vietnam’s economy to grow by 6.0% in 2024 and 6.8% in 2025, making it the fastest-growing economy among key ASEAN countries. The Philippines follows with projected growth rates of 5.8% in 2024 and 6.1% in 2025. Both...
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...
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