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FDI has been a major growth driver for the Vietnamese economy and is expected to continue the upward trend in the context of rising demand for diversifying the supply chain of multinational manufacturers, in which Việt Nam has increasing appeal with stable macro-economic conditions, and improving investment environment and labour force quality.
Vietnam’s growing dependence on imported liquefied natural gas could cause a hike in power production costs.
The Vietnamese government is targeting green growth with policies and international commitments towards the green economy.
Economic growth was lower than the projected scenario, expanding at 3.72 per cent from January to June in the context of declining global demand and emerging internal economic problems, which were undermining the health and absorption capacity of firms.
Strengthening regional linkages and harnessing the strengths of each province and city is crucial to promoting sustainable and green exports, according to experts at a recent forum on the subject held in Ho Chi Minh City.