Commercial banks have traditionally been the main suppliers of funding in Vietnam, since bank deposits remain the most popular form of investment for Vietnamese households. Even though credit growth has cooled as the government prioritises macroeconomic stability, the compound annual growth rate of 14.2% recorded in the 2011-16 period is...
In recent years, Vietnam has developed into one of the most popular investment destinations in South-east Asia. In line with the international economic integration of Vietnam and in order to encourage domestic investment and make it easier for entrepreneurs to do business in Vietnam, the government has pushed for economic reforms and...
With the shift towards a more market-orientated economy, Vietnam’s telecommunications market is seeing further openings for foreign investment, including the supply of telecoms services and the establishment of infrastructure networks. The government has, meanwhile, taken some broad steps in boosting competition in the marketplace by...
Solid economic growth, low-cost manufacturing, a large consumer base and continued positive legislative reform, have combined to make Vietnam an increasingly attractive investment destination for multinational organisations. Strong foreign investment and rising international trade has resulted in the tax authorities focusing more on cross-...
The coming years will be a busy time for Vietnam’s ICT market, as four of the country’s mobile operators start rolling out 4G networks after receiving licences. Three carriers – state-owned Viettel Group, MobiFone, Vietnam Posts and Telecommunications Group (VNPT) subsidiary Vinaphone – have already started running pilot projects and have...
Occupying a unique position along the Pacific Ocean, Gulf of Thailand and Gulf of Tonkin, along with shared land borders with China, Laos and Cambodia, Vietnam is well-positioned to become a dominant regional transportation centre.
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