VGP - Viet Nam started the fourth quarter on a positive note, with exports continuing to stage a gradual turnaround, highlighted HSBC in its report Viet Nam at a glance released on November 1.
VGP - Exports and domestic consumption will be the main driving forces to support Viet Nam’s GDP growth in 2024 to reach 6.3 percent.
VGP - The HSBC Global Connections survey found that Viet Nam’s economic resilience and competitive wages rank foremost in attracting international firms.
VGP - The long-anticipated Power Development Plan 8 (PDP8) for 2021-2030, with a vision to 2050, which was released in May, sets out a roadmap for Viet Nam’s long-term renewable energy goals.
VGP - While the global trade tide has not staged a meaningful rebound yet, Viet Nam started the second half of this year with some stabilization in its external sector, said HSBC in its report “Viet Nam July data-Some valuable stabilization”.
VGP – Prime Minister Pham Minh Chinh thanked HSBC for arranging US$12 billion of direct and indirect sustainable financing for Viet Nam and the corporate sector by 2030, during his reception for Mark Tucker, Group Chairman of HSBC Holdings plc in Ha Noi on Wednesday.
VGP - A key benefit for Viet Nam in a Just Energy Transition Partnership (JETP) is to attract greener foreign direct investment (FDI) and to become champion in clean energy.
VGP - For all the hullabaloo about dimming growth prospects and deglobalization, foreign direct investment (FDI) continues to pour into Asia, including Viet Nam, said HSBC in its report released on July 18.
VGP - Viet Nam’s tourism recovery remains firmly on track, and is likely to easily exceed the whole-year target of 8 million target, noted HSBC in its report Viet Nam at a glance released on July 6.
VGP - The HSBC expects a meaningful economic rebound in Viet Nam from the fourth quarter of this year, warranting further monetary support.
VGP - Viet Nam’s services sector remains a bright spot. Retail sales rose 11.5 percent year-on-year in May, indicating ongoing robust domestic consumption, said HSBC in its report on Viet Nam May data released on May 31.
VGP - Viet Nam still remains in good position in luring foreign direct investment as there are "green shoots" which reflects investors’ confidence in the medium to long-term prospects of Viet Nam’s fundamentals.
VGP - Despite a challenging start to 2023, there appears to be some silver linings for Viet Nam, stated the HSBC in a recent report on Viet Nam’s socio-economic performances during the January-February period.
VGP - The value of attracting the intra-Asian multinationals translates into Viet Nam stepping up not only in the value-add ladder in terms of export products but concurrently in expanding the depth and breadth of the domestic consumption market.
VGP - Although overall foreign direct investment (FDI) dropped in 2022, manufacturing FDI remained resilient, highlighting Viet Nam’s competitive advantage in the space, according to the HSBC’s recent report “Viet Nam at a glance”.
VGP - With government ambitions and various development projects in play, the structural outlook for international tourism in Viet Nam remains positive, according to the “Viet Nam at a glance” report released by HSBC.
VGP - The “Viet Nam at a glance” report released by HSBC on August 17 showed that despite an unpredictable global economic situation, Viet Nam’s economy has continued to reap certain successes.
VGP - Viet Nam has turned itself into a rising star in global supply chains, gaining substantial global market share in such sectors like textiles, footwear and consumer electronics, according to a report released by the HSBC.