VIETNAM CHARTS SUSTAINABLE PATH TO GREEN GROWTH
Vietnam has seen one of the fastest per capita carbon emissions growth rates globally over the past three decades. To achieve its net-zero emissions goal, Vietnam must find ways to further reduce emissions while ensuring that energy remains affordable and its industrial sectors maintain competitiveness. Although Vietnam’s contribution to global greenhouse gas emissions is currently about 0.8% (equivalent to 355 million metric tons of CO2 in 2020), from 1990 to 2021, its CO2 emissions grew nearly three times faster than GDP growth.
VIETNAM TARGETS STRATEGIC FDI FOR INNOVATION AND LONG-TERM VALUE
Vietnam is reshaping its foreign direct investment strategy to prioritise high-quality, technology-driven, and sustainable projects, aiming to boost innovation, productivity, and national competitiveness in a changing global landscape. The Q&A session on June 19 of the ongoing 15th National Assembly (NA) Legislature centred on the effectiveness and future direction of foreign direct investment (FDI) attraction policies.
SIGNIFICANT IMPROVEMENTS IN ENVIRONMENTAL MANAGEMENT QUALITY
Vietnam's commitment to green growth is yielding significant results, shown by improvements in environmental management. The average provincial green index (PGI) across Vietnam’s provinces and cities rose by 3.9 points, from 21.00 in 2023 to 25.39 in 2024 - a 17% increase in just one year. The PGI 2024 results showed that Hai Phong ranked first overall, achieving outstanding scores in all four sub-indices with a total of 29 points.
INVESTMENT FUNDS REGAIN POSITIVE RETURNS ON MARKET RECOVERY
Vietnamese equity mutual funds have swung into positive territory amid the VN-Index’s recent recovery. After bottoming out in early April, the benchmark index reclaimed all losses incurred during the tariff-triggered volatility by the end of May. The rebound has buoyed equity funds, restoring previously negative returns to solid profits.
EU INCREASES PURCHASES OF FRUIT FROM VIỆT NAM
The European Union is increasing imports of fruit from Việt Nam, with the export of mangoes, pineapples, coconuts and pistachios registering growth of 41-200 per cent in the first four months of this year. Data from the General Department of Customs showed that Việt Nam’s fruit and vegetable exports to the EU totalled US$132 million from January to April, up 33 per cent year-on-year.
VIETNAM SETS UP FIRST FREE TRADE ZONE
The Government has decided to establish a free trade zone (FTZ) in the central city of Da Nang, the first of its kind in Viet Nam. Covering an area of around 1,881ha, the FTZ features functional areas covering production-logistics, trade-services, digital technology industries, innovation. The FTZ is designed to bolster the development of high-tech industries, innovation and digital transformation in the central city.
VIETNAM BOASTS OPPORTUNITIES TO ATTRACT GLOBAL HIGH-NET-WORTH INVESTMENT
Against a rapidly changing geopolitical and economic backdrop, global wealth flows continue to evolve as high-net-worth individuals (HNWIs) and businesses take a more holistic approach to location. Vietnam is emerging as a promising destination, but it must seize the moment with improved policy framework, infrastructure, and living standards.
AI PLAYS KEY ROLE FOR NEW START-UP BUSINESSES
The combination of e-commerce and artificial intelligence (AI) will be an important tool to help start-ups optimise sales processes and improve the customer experience. AI is not just a support tool, but also a key driver in optimising marketing strategies, analysing data and crafting effective advertising campaigns, said Vũ Minh Ngọc, a representative of the Centre for E-commerce and Digital Technology (eComDX), at a recent seminar on e-commerce applications for young entrepreneurs.
