Buoyed by a strong economy and excited by international prospects, Vietnamese businesses are anticipating a very bright future, according to the latest survey from HSBC.
Korean investors are keen to invest in renewable energy due to its potential and the incentives that Việt Nam has offered to foreign investors, an HSBC official has said.
Southeast Asia, especially Việt Nam, can expect to see more supply chains coming its way if it improves production technology and capacity, as well as regional cooperation, HSBC officials have said.
Viet Nam is at the top of the list of markets that could benefit from trade diversion coming from US-China trade tensions, building on its increasing competitiveness in manufacturing, according to Pham Hong Hai, CEO of HSBC Viet Nam.
As the global economy is changing rapidly, with trade wars and unstable currencies, a new vision is needed for the future of Asia as well as Viet Nam, speakers said at the Horasis Asia Meeting 2018 on Monday.
Convened by Horasis: The Global Visions Community, the Horasis Asia Meeting 2018, will open today in the high-tech development zone of Binh Duong New City.
Sixty three per cent of businesses in Viet Nam believe the newly-signed Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade agreement will have a positive impact on their operations, according to an HSBC Group survey.
Viet Nam is the most exciting country to watch in the digital revolution era, Winfield Wong, country head, wholesale banking, HSBC Viet Nam, told the media from his bank’s Singapore office this week.
The new exchange rate management policy has helped reduce the US dollar
speculation in the domestic market, an official said at an online
discussion yesterday.
Manufacturing growth regained momentum in November as output and new
orders rose at faster rates and stocks of purchases increased at the
sharpest pace in the survey''s history, according to HSBC Viet Nam''s
Purchasing Managers'' Index released on Monday.
The seasonally adjusted HSBC Viet Nam PMI
(Purchasing Manufacturing Index) posted 51.0 in April, up slightly from
50.8 in March, signalling back-to-back improvements in operating
conditions for the first time in nearly two years.