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Tag: features

The Features category includes in-depth analyses, expert opinions, and long-form reports on key industries, policies, and market developments. It explores trends, challenges, and opportunities across various sectors, providing comprehensive insights for professionals, businesses, and policymakers.

 

Can South Korea’s Chaebol Development Model Work for Vietnam?

The South Korean chaebols are constantly referenced as a model to be emulated in Vietnam. However, whereas at first glance South Korea’s economic development on the back of its chaebols looks to be a success story, that doesn’t really tell the whole story. With this in mind, this article looks at how the chaebols system worked and didn’t work and whether this is a model Vietnam should be looking to follow.

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Right Now, a Weak Dong Could be Good for Vietnam. Here’s Why.

The depreciation of the Vietnamese dong has picked up speed since the Lunar New Year break with the State Bank of Vietnam easing its intervention efforts. This is not, however, necessarily a bad thing and could even be a good thing in certain circumstances. With this in mind, this article looks at Vietnam’s monetary policy and how it is changing, who benefits from a stronger dong, who benefits from a weaker dong, and how these outcomes are connected.

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Vietnam and the Middle Income Trap: Unpacked

There’s been a lot of talk lately about the risk Vietnam faces with respect to growth stagnating, and the country becoming stuck in the middle-income trap. Most of this talk, however, has focused on the level of GDP growth that needs to be reached and maintained rather than the specific policy and structural reforms needed. With this in mind, this article looks at what the middle-income trap is, how countries get themselves stuck in it and how they get out, and where Vietnam fits in a slightly more policy-focused discussion.

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Vietnam’s 8 Percent GDP Growth Target: Unpacked

There has been a lot of buzz around an 8 percent GDP growth target recently approved by Vietnam’s National Assembly. It is, however, just a target and ultimately doesn’t really mean much on a practical level. This article looks at what GDP growth targets do, the problems they present, and the outcomes or lack thereof.

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Buy More, Sell Less: Tackling Vietnam’s Trade Surplus with the US

Vietnam has been repeatedly singled out by US officials with respect to its trade surplus with the United States. This hasn’t, so far, seen any targeted trade implications for Vietnam (i.e. tariffs) from the US administration, but it is increasingly looking like it is only a matter of time. With this in mind, this article looks at how Vietnam might address the trade imbalance by buying more US goods, and/or reducing its exports to the US.

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Building An International Financial Centre in Vietnam: Unpacked

At the end of December, the Government of Vietnam passed Resolution No 259/NQ-CP approving a plan to create regional and international financial centres in Danang and Ho Chi Minh City. Whereas the plan puts the emphasis on location this article looks at the regulatory issues holding this project back.

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Vietnam’s Economy in 2024: A Brief Recap

Vietnam had a bumper year in 2024 based on GDP figures alone. Released on Monday, data from the General Office of Statistics, found that the economy had increased in size by 7.09 percent, a significant jump from the 5.05 percent it recorded in 2023. But that’s not to say Vietnam is on a sure footing heading into 2025 (it actually looks more to the contrary) or that everyone was a winner…

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What to Watch Now Google Has An Office in Vietnam

Last week, Google announced it had opened an office in HCMC. This has been a long time coming and this makes Google one of the first big tech firms to do so. That said, the operating environment Google is entering is complicated and with this in mind, this article unpacks a few of the challenges Google might face.

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Does Vietnam Have a Private Consumption Problem Too?

When reports of a private consumption problem in China surfaced, it made sense to wonder if Vietnam might be facing those same problems too. And indeed, whereas it’s fairly easy to assume that Vietnam’s booming economy might correlate to booming consumer consumption, the numbers paint a somewhat different picture…

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Vietnam’s New Social Media ID Regulations: Unpacked

The passage of Decree 157, which adds verification requirements for social media accounts in Vietnam, has caused a stir amid claims this will be used to identify distributors of content deemed ‘anti-state’. This may be true, but it seems unlikely this is the actual intent of these new regulations, with several much more pressing reasons for these new requirements…

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How Well Prepared Is Vietnam for a Trump Presidency?

Most analysis in Vietnam of Trump’s election has centred around two key recurring themes: an increase in import tariffs in the United States as a direct impact on Vietnam; and, a likely stronger US dollar as a result of said tariffs and subsequently increased pressure on the dong. This article looks at how Vietnam might respond.

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Temu in Vietnam: What’s Fair in Free Trade?

When Chinese e-commerce giant Temu officially launched in Vietnam last month the hype was palpable. Not only had the firm dropped a small fortune on advertising but it had also ruffled feathers in Vietnam’s business community: Temu’s goods were too cheap and Vietnamese producers could not compete. With a narrative containing two things Vietnamese love–huge discounts and hating on China–the local media piled on…

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It’s Time to Talk About Vietnam’s Credit Growth Policy…

A credit growth limit policy put in place to keep inflation in Vietnam in check back in 2010 was last year, after uncharacteristically low credit growth, reframed as a credit growth target. Banks, subsequently, have been pushed to issue more loans than they otherwise might have, which could have broad economic implications…

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Vietnam’s Economy in Q3 Beyond GDP Growth: Unpacked

Vietnam’s GDP grew by 7.4 percent in the third quarter of 2024 compared to 2023, according to data from the General Office of Statistics. This was higher than expected and bucked an understanding that it might take a hit off the back of Typhoon Yagi. This ostensibly positive news, however, seemed to overshadow another couple of key economic observations.

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Paying For Vietnam’s High-Speed Rail: Unpacked

Vietnam’s Transport Ministry has said that Vietnam’s high-speed railway project connecting Hanoi and Ho Chi Minh City will utilise domestic finances and technology, as opposed to support from abroad. It is, however, expensive and financing it alone will be challenging.

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