Despite tremendous improvements in the last few decades, the environment to do business in Vietnam, and many Asian countries remain complex and challenging. Social progresses and environment norms in many cases lag far behind the business and economic boom in many of the countries in the region. Inequality is growing and poverty reduction is slowing down. These development issues remain and need to be addressed by innovative and tailor-made solutions which can fit to and work in the local contexts. Born ...

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[08 October 2021] — In 2021, Vietnam has launched a number of COVID-19 relief packages worth about $10.45 billion or equivalent to 2.84 per cent of GDP. According to Minister of Planning and Investment Nguyen Chi Dung, Vietnam's COVID-19 relief packages are small compared to regional peers like Thailand and Malaysia where such packages reach 11.4 and 5.3 per cent of GDP, respectively. Vietnam's GDP shrank 6.17 per cent in the third quarter, hurt by pandemic restrictions. GDP growth in the first ...

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The EU-Vietnam Free Trade Agreement (EVFTA) was first ratified by the EU and then by the National Assembly of Vietnam, in the midst of the Covid-19 pandemic. After the completed ratification, the EVFTA entered into force on 1st of August 2020. This historical agreement brings hope and new growth opportunities to both parties of the agreement. Once fully implemented it will contribute to economic recovery in a post-COVID world. The EVFTA is a new generation FTA between Vietnam and the European Union. ...

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