Event

Transport Infrastructure Outlook – Vietnam 2017

The conference will be covering the following: Current and proposed developments in the region; Policy and regulatory affairs; Funding requirements and technological advancements in the sector. For further enquiries, kindly contact: Ms. Jigisha Vasa Email: vietnamtransport@bricsaconsulting.com Tel: +91 22 65510361 Bricsa Consulting Pvt. Ltd…

Analysis

Vietnam to host 25th APEC Summit in 2017
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For the second time in its history, Vietnam is set to host the APEC summit and related activities in 2017. Focusing on the overarching theme of “Creating New Dynamism, Fostering a Shared Future”, the summit will gather economic leaders of 21 APEC members to discuss the future of free trade, new drivers for economic growth and the role of APEC in tackling common challenges in the region. These…

Analysis

Vietnam steadily transitions to liberalised economy
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After years of strong economic growth and surging foreign direct investment, Vietnam today is emerging as a key middle-income country in the Southeast Asian political and economic sphere. A nation of ancient traditions, with a youthful and energetic population, the Socialist Republic is also moving through a period of additional economic reforms, while continuing to leverage its strategic location…

Analysis

Vietnam-EU trade agreement to be signed in 2018
OBG
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The EU is one of Vietnam’s biggest trading partners, accounting for nearly a one-fifth of the country’s exports. Hanoi established diplomatic and commercial relations with the bloc in 1990, not long after the beginning of theDoi Moieconomic and political reforms. This was followed by a cooperation agreement in 1995 which gave Vietnam most-favoured-nation status. Key Partner Vietnam’s…

Analysis

Vietnam prepares for integration into ASEAN Economic Community
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Vietnam has been a member of the ASEAN since 1995, when it joined as part of its ongoing process of integrating into the global economy and opening to the world. In recent years, it has taken an increasingly active stance in the organisation, while its economy has closed the gap on the more affluent founding members. The bloc’s combined GDP of $2.6trn and market of more than 600m people is enticing…

Analysis

Vietnam's central bank moves to currency basket peg
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As part of its remit of maintaining monetary stability, the State Bank of Vietnam (SBV) manages the dong’s exchange rate against the US dollar, with an eye on preventing sharp depreciation. In recent years, it has loosened the dollar peg and moved in the direction of market rates. The exchange rate regime is sometimes described as a managed float, and other times a crawling peg, containing elements…