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2025 GDP growth target: ambitious and challenging

2025 GDP growth target: ambitious and challenging

Taking into consideration all the factors, the 8 per cent GDP growth target is undoubtedly ambitious and will be challenging to achieve. As a highly open economy, Việt Nam is particularly vulnerable to global economic fluctuations and risks.
Specific roadmap for removal of credit rooms needed, forcing banks to strengthen their operations

Specific roadmap for removal of credit rooms needed, forcing banks to strengthen their operations

The Credit rooms solution sets a maximum credit growth limit for the banking industry every year and, based on the overall credit growth of the entire economy and the financial health of commercial banks, allocated credit growth quotas to each.
E-commerce development: three concerning institutional issues

E-commerce development: three concerning institutional issues

E-commerce, a vital component of the digital economy, bridges the gap between the virtual and the real. While we often perceive the digital world as separate from our physical reality, the true power of the digital economy lies in its...
Việt Nams economic landscape: growth and challenges in seven months

Việt Nam’s economic landscape: growth and challenges in seven months

Việt Nam''s strong economic performance in the first half of 2024 has led the government to raise its GDP growth target to 6.5-7 per cent, yet domestic businesses remain cautious, due to ongoing challenges not fully captured by broader economic...
Early enforcement of real estate laws - a catalyst for the market recovery

Early enforcement of real estate laws - a catalyst for the market recovery

The amendments and supplements to the 2024 Law on Land, the 2023 Law on Housing, and the 2023 Law on Real Estate Business will come into effect on August 1 as proposed by the Government, five months earlier than planned. It...
EPR initiatives - a proper way to enhance circular economy

EPR initiatives - a proper way to enhance circular economy

While EPR remains the linchpin of circular economy initiatives, its scope extends beyond mere waste management.
Concerns over trade surplus still loom large

Concerns over trade surplus still loom large

Analyst’s Pick: In a common sense, a trade surplus means a favourable trade balance, which contributes to economic growth. This is particularly true in emerging or developing markets, and in countries whose economic growth is highly driven by exports. Việt...
Việt Nams Dragon ambitions in the Year of the Dragon

Việt Nam's Dragon ambitions in the Year of the Dragon

Embarking on the journey into the transformative Year of the Dragon, Việt Nam aims to become a dragon-like force in the global landscape.
Việt Nam embraces global minimum tax for sustainable fiscal boost and FDI impact

Việt Nam embraces global minimum tax for sustainable fiscal boost and FDI impact

Việt Nam''s adoption of the global minimum tax is vital for upholding taxing rights, fostering trust, promoting investment and showcasing transparency.
Việt Nams economic landscape at crossroads: Q3 reports highlight challenges in achieving targets

Việt Nam’s economic landscape at crossroads: Q3 reports highlight challenges in achieving targets

The Q3 report demonstrates a less daunting economic landscape, albeit one that remains exceedingly challenging if the nation is to achieve the economic growth targets set by the National Assembly.
Central banks policy option towards boosting growth, more caution needed

Central bank's policy option towards boosting growth, more caution needed

The harmonious combination of boosting growth and controlling risks in the banking industry is always likened to the coordination between a vehicle’s brake pedal and accelerator. The tight brake will restrain growth, but when the accelerator is too strong, it...
Breaking ground: Resolution 98 empowers HCM Citys development and national impact

Breaking ground: Resolution 98 empowers HCM City's development and national impact

The resolution introduces a range of mechanisms and policies aimed at stimulating the HCM City''s growth, addressing challenges, and fostering innovation and sustainability.
Implementing the Power Development Plan VIII needs mindset change

Implementing the Power Development Plan VIII needs mindset change

The implementation of the ambitious Power Development Plan VIII is not without its challenges.
Bond debt swap for real estate: investors benefits must be ensured

Bond debt swap for real estate: investors’ benefits must be ensured

Analyst''s Pick: In order to ensure benefits of bondholders, they should be provided with sufficient information of legality of the assets used for bond swap.
Colours of Vietnamese economy in 2022 and 2023 outlook

Colours of Vietnamese economy in 2022 and 2023 outlook

In 2022, Viet Nam has emerged as a stronger, more resilient economy. It recovered strongly from the low "base" two years ago to shine a light in a world of challenges and uncertainties.