Vietnam: World’s most promising frontier market

Vietnam takes the lead in the top 15 of the most promising frontier markets in the world, according to a recent edition of Bloomberg Markets Magazine.
Vietnam takes the lead in the top 15 of the most promising frontiermarkets in the world, according to a recent edition of Bloomberg MarketsMagazine.

The assessment and analysis were based on thecriteria of investment environment, GDP growth, public debt andadvantages for business.

Out of the countries with lessdeveloped economies that haven’t yet achieved emerging status, Vietnamis the only East Asian country to be placed, reported the magazine.

The United Arab Emirates came second while Bulgaria and Romania tied for third place.

Vietnam leads the list primarily because of its rapid growth ofGDP, which is expected to exceed 3 percent by 2016, a rate that rivalsChina and India. /.

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At the meeting of permanent Government members in Hanoi on May 24. (Photo: VNA)

Reciprocal trade negotiations with US must ensure Vietnam's core interests: PM

The future tasks must ensure Vietnam's core interests while helping consolidate and strengthen the Vietnam-US Comprehensive Strategic Partnership, bringing benefits to both countries and their consumers, and contributing to peace, stability, cooperation, and development in the region and the world, PM Chinh said.

Vietnam and the US hold the second negotiation session of the bilateral agreement on reciprocal trade in Washington D.C from May 19 to 22. - Illustrative image (Photo: VNA)

Vietnam, US look to boost bilateral economic, trade cooperation

Dien stated that Vietnam has a strong and stable demand for US products, equipment, and services, especially in hi-tech and energy sectors. He affirmed Vietnam’s commitment to fostering a transparent and healthy trade environment, noting that Vietnam stands ready to boost coordination with the US side in combating trade fraud, origin fraud, and illegal transshipment.

Ba Son bridge connects downtown Ho Chi Minh City with Thu Thiem urban area (Photo: VNA)

New development momentum for Vietnam’s economic locomotive

For over five decades, the Southeast region has been recognised as Vietnam’s economic and growth engine. At its core is HCM City, flanked by Binh Duong and Ba Ria – Vung Tau, together forming key growth poles not only for the Southeast but for the entire country.