Regional integration and bilateral trade growth are driving Vietnam’s ambitions to become a major transport and logistics hub, though existing port infrastructure will need to be better leveraged to achieve the country’s goals.
Vietnam
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Economic update | Vietnam loading up on logistics
31 Mar 2016
Rising demand for credit across Vietnam’s private sector is expected to drive bank loan books above the highs recorded last year.
Rising income levels and a growing awareness among Vietnamese citizens of the benefits of insurance is on track to steer the industry to double-digit growth in 2016.
Economic update | Vietnam Year in Review 2015
31 Dec 2015
Higher capital inflows helped to write the latest chapter of Vietnam’s impressive growth story in 2015, with reforms aimed at boosting foreign direct investment (FDI) and a raft of newly signed trade deals setting the scene for another positive year.
Vietnam could emerge as the single-biggest winner from the recently signed Trans-Pacific Partnership (TPP) trade agreement, according to ratings agency Fitch, with the potential for a significant increase in investment inflows and export opportunities.
A move to ease visa restrictions is helping Vietnam’s tourism industry rebound, with momentum expected to build in 2016 against a background of planned investments in related infrastructure.