Economy & Trade

EU-Vietnam Free Trade Agreement: Key Provisions and Implications for FDI

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As the EU-Vietnam Free Trade Agreement (EVFTA) completes four years in 2024, we explore its key provisions, business perceptions, and prospects for FDI firms.

U.S. Chooses to Retain Vietnam’s Non-Market Economy Status Despite Reforms

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The U.S. has rejected Vietnam’s bid to change its non-market economy status after a year-long review, despite acknowledging reforms. The decision means that the U.S. will retain the methodology used in calculating anti-dumping duties on imports from Vietnam.

Nike Factories and Supplier Network in Vietnam

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Nike’s been operating in Vietnam for over a decade. Here’s where their factories are and why.

US Commerce Department Delays Decision on Vietnam’s Market Economy Status Due to IT Disruptions

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The US Commerce Department has delayed its decision on upgrading Vietnam to market economy status to August 2 due to IT disruptions caused by CrowdStrike software issues.

Prospects for Environmental Technology Investors in Vietnam

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Vietnam’s commitment to sustainable development and achieving net-zero (carbon emission) goals offers significant opportunities for environmental technology innovation and foreign investment.

EuroCham Vietnam’s Business Confidence Index for Q2 2024

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EuroCham’s Q2 2024 BCI report shows European businesses in Vietnam are generally optimistic, yet underscores the necessity for enhanced policy and regulatory reforms to improve the business environment.

Vietnam’s Economic Performance in H1 2024: Key Indicators and Growth Forecast

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Vietnam’s strong economic performance in the first half of 2024 has led the General Statistics Office (GSO) to project a 6-6.5 percent growth rate for the year, meeting the government’s target.

Vietnam-South Korea Trade and Investment

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Vietnam and South Korea are poised to continue to complement their respective economic and industrial strengths and expand their cooperation in frontier sectors.

Understanding Vietnam’s Middle Class: Size, Spending Patterns, and Opportunities for Businesses

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Vietnam aims to achieve upper-middle-income status by 2035, with its middle class projected to reach 26 percent of the population by 2026.

Vietnam Calls for Chinese Support in Advancing Rail Projects

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The Vietnam government is seeking more Chinese investments and technological support in advancing national and cross-border rail projects, which will both reduce logistics costs and provide effective public transportation.

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