According to Professor Vu Minh Khuong of the Lee Kuan Yew School of Public Policy in Singapore, the 8% growth rate represents Vietnam's extraordinary effort and has created a strong impression among international investors and economic partners.
Thailand's fifth Insurance Development Plan (2026-2030) envisions an insurance system that serves as a pillar of national economic resilience and risk management, ensuring the industry can effectively respond to emerging domestic and global challenges.
The success story of Vietnam's tourism reflects coordinated efforts across the sector, which has rolled out a range of concerted solutions, including policy advice, innovative promotional strategies, various tourism stimulus programmes, and diversified tourism offerings.
Malaysia's 5% approved investment target, though challenging, can be attained if investments from China, Japan, the Republic of Korea, Singapore, Europe, Middle East and Australia increase.
The scholar held that that beyond policy directions and the leadership of the Communist Party of Vietnam that consistently prioritises national interests, the will and aspirations of the Vietnamese people have played a crucial role in bringing the country to its current level of development. No nation has a stronger desire for prosperity than the Vietnamese people.
Although the global economic situation is currently not favourable, Indonesia's non-oil and gas manufacturing industry sector continues to grow and remains strong, and even experiences significant growth.
Delegates put forward proposals to advance the development of ASEAN, from institutional reforms to strengthening cooperation in new areas, thus promoting breakthrough solutions to help ASEAN maintain solidarity, enhance resilience, and preserve its core values and identity shaped over decades.
After five years of implementation, the EU-Vietnam Free Trade Agreement (EVFTA) has delivered many positive outcomes, including a robust growth of Vietnamese exports to the EU, particularly in key sectors such as textiles, footwear, and agro-fishery products.
LNG power projects in Vietnam are currently grappling with many obstacles, ranging from bureaucratic delays to issues with power purchase agreements (PPAs), leading to significant project implementation slowdowns.
2024 is a challenging year globally, with the world economy facing unpredictable shifts, but Vietnam's banking system has successfully navigated these challenges, achieving significant milestones, said State Bank of Vietnam (SBV) Governor Nguyen Thi Hong.
Aquatic exports is expected to surge in the remaining months of this year, as the year-end festive season comes, despite many challenges in the international markets, according to insiders.
Population aging is an irreversible global trend and has a strong impact on all areas of society. The challenges that population aging brings to economic growth, politics, and social security issues are directly affecting the elderly.
Making breakthroughs in institutions, infrastructure and governance is the key task for Vietnam in the coming time, Politburo member and Prime Minister Pham Minh Chinh said while concluding the third meeting of the sub-committee for socio-economic affairs of the 14th National Party Congress in Hanoi on August 23.
Population aging, especially in developing economies like Vietnam, is creating new pressure and challenges to which the population and development work needs to flexibly respond as there are only 14 years left for Vietnam to prepare for an aged society.
Malaysian Prime Minister Anwar Ibrahim has affirmed that this country and Singapore will coordinate to ensure that the Association of Southeast Asian Nations (ASEAN) operates effectively, focusing on responding to new challenges.
Vietnam always attaches importance to and wants to elevate the Vietnam - Indonesia strategic partnership to a new height, National Assembly Chairman Tran Thanh Man said while receiving Deputy Speaker of the Indonesian Regional Representative Council (upper house) H.Mahyudin in Hanoi on June 12.
Secretary-General of ASEAN Kao Kim Hourn on June 5 said that ASEAN, which has always been a robust, dynamic and agile regional bloc, is facing many emerging challenges.
Vietnamese enterprises need to meet quality requirements and rules of origin, increase value-added content, and diversify markets, as production and business activities are forecast to face many challenges due to the unpredictable global economy and climate change.
