the-shiv

A different perspective on Vietnam’s economy and doing business in Vietnam. Make sure to  subscribe.

how to guides

cheat sheets

snapshots

Vietnam’s GDP projected to reach 5.8 percent this year: IMF

The International Monetary Fund has released its World Economic Outlook April 2024 which estimates Vietnam’s GDP growth for this year to be 5.8 percent. The IMF also bumped Vietnam up from its Low-Income Developing Countries group and added it to its Emerging Market and Middle-Income Economies group.

Linkedin Twitter Instagram Facebook Whatsapp Reddit

get connected with an expert
contribute a guest post
send a letter to the editor
submit a press release

latest news

Vietnam News Roundup: June 29 to July 4

July 4, 2024

This week’s Vietnam news roundup covers the latest tourism and industrial production numbers, the increase to the minimum wage that kicked in Monday, the new start dates for several key laws, approval of a Value-Added Tax reduction to the end of the year, foreign trader stock market transactions, and more…

Read More »

Supply of slot machines in Vietnam close to outstripping demand: Gaming exec

July 4, 2024

As a result, the gaming executive says that border closures and the subsequent reduction in tourists visiting Vietnam saw the market become oversaturated as the number of players fell significantly. He says the market has still not fully recovered and that many gaming clubs that took a financial hit during the pandemic are in need of further investment to get moving again…

Read More »

‘Limited investment support’ in Vietnam sees big name FDI go elsewhere: MPI

July 4, 2024

This stems from the introduction of the Global Minimum Tax which has seen corporate tax incentives significantly diminished for firms operating in Vietnam. An alternative ‘investment support fund’ has been proposed, however, this is yet to be legislated. A December 2023 draft included financial support for training and reimbursements for research and development conducted in Vietnam…

Read More »

Chinese tech insurance Huize to acquire Vietnam-based Global Care

July 4, 2024

Of note, Vietnam’s insurance industry is expected to grow by an estimated 8.5 percent from VND 60.15 trillion or US$2.6 billion in 2021 to VND 90.24 trillion or US$3.5 billion in 2026. This growth is expected to be supported by Vietnam’s rapid economic growth and regulatory policies, for example new compulsory insurance for construction contractors and mandatory fire and explosion insurance…

Read More »

Vietnam’s Economy in the First Half of 2024: Unpacked

July 3, 2024

Six months into 2024, just days ago, Vietnam’s General Office of Statistics released GDP data that showed a marked improvement for the local economy compared to 2023. Specifically, it found that GDP growth for Vietnam for the second quarter of this year had hit a phenomenal 6.83 percent, bringing the average growth rate for the year so far to 6.42 percent. This growth, however, has not been felt equally and in this light this article breaks down the finer nuances of Vietnam’s GDP growth in the first half of 2024.

Read More »
your listing
your details

advertising enquiry

submit a press release

Note that it will be marked as a press release/sponsored post.

guest post

We publish guest posts of 800 to 1000 words from experts who have something unique to say on topics relevant to our audience. 

get connected with an expert

letters to the editor

We review letters for quality and authority and generally only publish views that add to the discussion from experts in their field.