An active trading nation, Vietnam is poised to play an important role in ASEAN’s regional integration story. In particular, the country has established itself as a powerhouse in agriculture and textiles. New sectors to be developed in the future include mining, minerals processing and electronics. The main risks facing the country include a rapid increase in debt, inflation and currency volatility. Since the 1997 Asian financial crisis, however, Vietnam's political leaders have exercised prudence in macroeconomic policy, with a focus on the health of the banking sector and balanced fiscal policy. Foreign investor involvement has increased access to long-term foreign capital in much needed areas such as infrastructure and transport.
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×