Covid-19 and trade tensions are driving the shift of production lines from China to Southeast Asia and Viet Nam seems to have emerged as an attractive destination.
Việt Nam is advancing into 2020 following good results in 2019. Experts and companies tell Việt Nam News about their forecasts of the country''s economic prospects this year as well as opportunities and challenges facing the country.
Viet Nam is Asia’s bright spot amid trade tensions, said the latest report on Viet Nam’s economy by the United Overseas Bank Limited (UOB), which forecast the country’s economy will expand 6.7 per cent in 2019.
Vietnamese shares extended losses on Wednesday morning, with low trading liquidity due to low market sentiment as investors seemed to be waiting for supportive information on international markets.
It is critical to improve the resilience of the Vietnamese economy to withstand and recover from external shocks, experts told a conference in Ha Noi on Wednesday.
Viet Nam’s economic freedom score is 55.3, making its economy the 128th freest in the 2019 Index. Its overall score has increased by 2.2 points, with a sharp increase in fiscal health and higher scores for investment freedom, according to...
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.
An agreement to halt further escalation of trade tensions between China and the US for at least three months may boost the Vietnamese stock market following the two sides’ meeting during the G20 summit last weekend.