Trump 2.0: Opportunities and Risks for Vietnam’s Trade Economy
Nov 15, 2024 · Vietnam, like Mexico, is a major U.S. trading partner, and the U.S. remains Vietnam’s largest export market. In fact, after China and Mexico, Vietnam is the country with the third-largest trade surplus over the U.S.
Vietnam’s New Minimum Wage Effective from July 1, 2024
Aug 12, 2024 · On June 30, the Government issued Decree 73/2024/ND-CP regarding the new basic salary and Decree 74/2024/ND-CP concerning the new minimum salaries, both of which took effect from July 1, 2024.. As a result, the capped salaries used to calculate contributions for social insurance, health insurance, and unemployment insurance will increase accordingly.
Vietnam Economy in H1 2024: Strong Performance in Key Indicators
Jul 15, 2024 · Vietnam showcased strong performances across multiple indicators in the first half of 2024, prompting the General Statistics Office (GSO) to project a 6-6.5 percent growth rate for the year, aligning with the government’s target.
Vietnam’s New Electricity Law: Boosting Renewable Energy
Dec 27, 2024 · Effective February 1, 2025, Vietnam’s new Electricity Law will address the aching challenges Vietnam’s energy sector currently faces, especially by creating a strong legal framework to support clean energy development. It is seen as a prominent replacement for the outdated law that has been in ...
Vietnam’s State of the Economy: Q1 2024 Report
Apr 3, 2024 · According to the General Statistics Office (GSO), Vietnam’s gross domestic product (GDP) grew by 5.66 percent in the first quarter of this year (Q1 2024) – January to March, marking the highest expansion for the three-month period since 2020.
Vietnam’s Top Investors and FDI Beneficiaries till November 2024
Dec 9, 2024 · The city-state’s investments spanned high-value industries, including electronics, energy, and technology-driven manufacturing. The rise in Singapore’s investment also highlights the effectiveness of Vietnam’s bilateral trade agreements and streamlined regulatory frameworks, which continue to attract capital from one of Southeast Asia’s wealthiest nations.
Why Is Vietnam’s Economy Growing So Fast?
Nov 4, 2024 · Vietnam has experienced rapid economic growth over the past four decades and is often considered one of the Asian Tigers. The country appeared hopeless in the 1980s due to multiple conflicts, such as the Cambodian-Vietnamese War and the Sino-Vietnamese conflict.
Vietnam’s Middle Class: Size, Consumer Trends, & Business …
Jul 5, 2024 · Vietnam’s New VAT Law: Key Compliance Guidance Jan 09. We examine the implications of Vietnam's new Value Added Tax (VAT) Law, set to take effect on July 1, 2025, which introduces significant changes to the country's VAT regulations.
Business, Legal, Tax, Investment, Accounting News | Vietnam Briefing
Vietnam’s Economic Outlook for 2025: Push for Digitalization and Sustainability. Vietnam’s economy enters 2025 on a strong note, having exceeded all socio-economic targets set by the National Assembly, with GDP growth surpassing 7 percent in 2024.
NVIDIA Expansion into Vietnam: Potential for AI Sector Growth
Dec 11, 2024 · Major Technology Investor Announcements in Southeast Asian Markets: 2023-2024 : NVIDIA. Microsoft. Google. AWS. Open AI. Malaysia. December 2023: Announced the partnership with YTL Power for US$4.3 billion AI data center projects May 2024: Announced a US$2.2 billion investment in cloud computing & AI services May 2024: Announced its investment of US$2 billion on its first data center project ...