The myth of Doi Moi in Vietnam
Advertisement The conventional way of telling the story of Vietnam’s economic miracle since the 1980s goes something like this: Postwar Vietnam was one of the poorest countries in Asia and…
What is slowing down Vietnam’s transport infrastructure projects?
pacific money | Economy | Southeast Asia Among other things, the country’s land acquisition procedures are creaky, opaque, and difficult to appeal. People walk past a row of concrete pylons…
Vietnam calls on fuel trading companies to ease shortage
ASEAN Rhythm | Economy | Southeast Asia In recent weeks, shortages have forced gas stations across the country to close or restrict sales. Commercial Vietnam’s government yesterday asked its largest…
Why Vietnam’s economic future is bright and getting brighter
Commercial Recently, the International Monetary Fund altered Vietnam economic growth forecast for 2022, revised upward from 6 to 7 percent. This was the only significant upward revision among Asian economies,…
Vietnam becomes Asia’s economic leader as China’s growth slows
Commercial Vietnam is projected to become the fastest growing economy in Asia this year, amid a regional recession overwhelmingly led by China’s sharp economic slowdown, according to the World Bank.…
Vietnam high-speed rail back on the agenda
Commercial Vietnam’s government has taken the first step toward building a long-planned high-speed rail along the country’s backbone, at a reported cost of $58.7 billion. according to a Reuters report…
Why is Vietnam’s VinFast building an electric vehicle factory in the US?
pacific money | Economy | Southeast Asia The new automaker hopes that relocating its manufacturing to the US will help it take advantage of growing US demand for electric vehicles.…