Among the world’s most impressive emerging market success stories of the past three decades, Vietnam has been achieving high growth rates, encouraging a huge reduction in poverty and attracting billions of dollars of foreign investment. What was, until relatively recently, considered a comparatively poor country by regional standards – with an economy previously weakened by decades of war – is...
Asia Economy
Displaying 709 - 714 of 1877
Chapter | Trade & Investment from The Report: Vietnam 2017
Vietnam’s economic success over the past three decades has been built in no small part on its openness to international trade and investment. It is now among the world’s most open economies, according to the IMF – in the last 15 years alone, its share of world trade has quintupled, with combined imports and exports now equal to around 160-170% of GDP. Along with its location, Vietnam’s...
Chapter | Country Profile from The Report: Vietnam 2017
Stretching across the heart of South-east Asia, the Socialist Republic of Vietnam has risen to become one of the region’s greatest success stories, after witnessing a remarkable post-war economic recovery. The nation’s vast coastline, rolling highlands, dense jungle and abundance of natural resources have helped to bolster its rapid industrial development, while ongoing economic liberalisation...
After years of strong economic growth and surging foreign direct investment, Vietnam today is emerging as a key middle-income country in the South-east Asian political and economic sphere. A nation of ancient traditions with a youthful and energetic population, Vietnam is also moving through a period of additional economic reforms, while continuing to leverage its strategic location and strong international relations to further boost its rapidly growing overseas trade activity.
Papua New Guinea is looking to build on solid performance in its mining sector in 2016, though legal reforms expected later this year are creating a degree of uncertainty for prospective investors.