Malaysia has attracted substantial foreign investments, reaching 22.2 billion MYR (5.16 billion USD) in the third quarter of 2024, the highest level for the same period since 2012, according to UOB's Global Markets and Economics report.
Vietnam, through its economic reforms, has positioned itself as one of the key actors in terms of global value chains, influencing regional and global economic dynamics, according to Red Lantern Analytica, an international affairs observer group based out of New Delhi, India.
The Organisation for Economic Cooperation and Development (OECD) has decided to open accession discussions with Indonesia, paving the way for the country to achieve its vision of becoming an advanced economy by 2045.
The website of India’s Vivekananda International Fund (VIF) has run an article by senior researcher Brig Vinod Anand highlighting achievements of Vietnam under the leadership of the Communist Party of Vietnam as well as the Vietnam-India relationship after the party’s 13th National Congress.
State Counsellor of Myanmar Aung San Suu Kyi on January 28 urged global investors to pour their money into Myanmar, seeking to offset the negative impact of the Rohingya crisis and slow pace of economic reforms.
Financial development with a focus on financial inclusion for people of all incomes will be the key for stable economic development, Vice Rector of HCM City Open University Nguyen Minh Ha said at Vietnam’s Business & Economics Research Conference that ends on July 24.
The Government hopes to attract 135,000 new firms in 2018. Vu Tien Loc, Chairman of the Vietnam Chamber of Commerce and Industry (VCCI), said this was achievable, but would require quick reforms.
Poorly implemented economic reforms have left Vietnam with a distorted market still struggling to overcome the shadow of inefficient State-owned enterprises, an economist said on January 18.
Vietnam is a proactive member economy with a line-up of initiatives and significant contributions to regional and global cooperation mechanisms like the World Trade Organisation (WTO), APEC and ASEAN.
The official US visit of PM Nguyen Xuan Phuc from May 29-31 demonstrates Vietnam’s consistent policy on enhancing trade relations with the US, which has been Vietnam’s top trade partners for the past 10 consecutive years.
The results of Vietnam’s “doimoi” (reforms) have been stunning, with average annual economic growth per person at 5.5 percent since 1990, among the highest in Asia, according to Australian Minister for Trade, Tourism and Investment Steven Ciobo.
Strengthening financial supervision of State-owned enterprises (SOEs) is key to improving their performance and enhancing the efficiency of State investments, experts said on November 29.
The Government has approved a plan to establish a special committee, which will operate like a business, to manage capital at State-owned enterprises (SOEs).
The World Bank is now embarking on a process to design its next strategy to support Vietnam in implementing the 2016-2020 socio-economic development programme and achieve the set objectives.
