According to the U.S. Department of the Treasury’s semiannual report, released in November 2024, Vietnam was named in the Monitoring List along with China, Japan, South Korea, Taiwan (China), Singapore, and Germany.
Amidst rising trade tensions, Vietnam stands to benefit from shifts in global manufacturing and trade dynamics, with significant implications for its economy.
Vietnam grapples with the prospect of reducing standard working hours as a means to enhance worker well-being and productivity. Amidst fervent debates between labor unions, business entities, and policymakers, striking a delicate balance between socio-economic imperatives and global labor standards emerges as a paramount challenge.
Amidst the backdrop of global economic uncertainties, Vietnam grapples with a confluence of challenges and opportunities in the pursuit of sustainable growth.
Against a backdrop of ambitious infrastructure projects, including the Van Phong - Nha Trang, Khanh Hoa - Buon Ma Thuot, and Chi Thanh - Van Phong expressways, Vietnam's development story unfolds with determination and resolve.
Vietnam's tourism industry emerges as a key driver of economic growth, propelling retail sales to new heights and attracting a surge in international visitors. With impressive gains in consumer spending and tourism revenue, the country positions itself as a vibrant destination amidst a post-pandemic landscape, signaling promising prospects for its economic future.