With the signing a series of free trade agreements (FTA), Vietnam’s textile and garment sector will see a host of new business opportunities as well as new challenges as competition among regional producers heats up. It is crucial that the industry continues to attract orders; it has been a major revenue generator for the country’s economy,...
Widely regarded as a poster child for power sector development in emerging markets, Vietnam has increased access to electricity from 54% to 98% of the country’s population since 1990, connecting some 55m people in the process. Until now, it has also been successful in meeting double-digit annual growth in demand, resulting from a booming...
One of Vietnam’s fastest-rising tourist destinations, the central coastal city of Da Nang has received significant international attention for its sandy beaches, mountainous scenery, and world-renowned luxury hillside resort in recent years, with airlines moving to increase services to the city in a bid to meet rising tourism demand. Visitor...
With economic growth, solid corporate earnings and a rising need for financing among domestic companies boosting stock markets and stimulating private equity activity, Vietnam’s capital markets have grown steadily in recent years. A wave of equitisation of state-owned enterprises (SOEs) is boosting the sector further, while a growing range of...
Offering 3200 km of coastline and spectacular white sand beaches, mountainous highlands popular with adventure tourists and a vast array of cultural, historic and culinary attractions, Vietnam has seen its tourism sector become a major economic growth driver in recent years. The sector has recorded positive performances across the board...
In order to maintain the exceptionally good growth rate of around 6.5% in 2017-20 and successfully restructure the economy, Vietnam needs $250bn of investment, equivalent to approximately 25% of GDP, in the period. Foreign direct investment (FDI) and the public sector have historically accounted for 25% and 35%, respectively, of total...
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