A growing number of recent articles and reports by international media outlets and economic forums suggest that Vietnam is entering a new phase of development, underpinned by a long-term vision and structural reforms that are laying the foundations for sustainable growth over the medium and long term.
With perceived flexible regulations, foreign-friendly incentives, and fintech sandboxes, Vietnam’s International Financial Centre (IFC) is becoming a magnet for both global and local digital asset players seeking growth and compliance in one of Asia’s largest crypto markets.
VOV.VN - The Business Times published an article on February 8 quoting Singapore’s Foreign Minister Vivian Balakrishnan as sayings that Vietnam and Singapore need to step up cooperation in digital economy and sustainable development.
Vietnam’s tourism sector is set to witness strong growth in the next five years, with international tourism arrivals expected to surpass pre-pandemic levels in 2024, according to The Business Times of Singapore.
In an article posted on July 12, The Business Times of Singapore cited some economists' opinions that said Vietnam’s economy is back on track for a strong recovery this year.
Thanks to policies to support post-COVID-19 recovery, and the gradual resumption of tourism activities, Vietnam is an investment attraction magnet, Lao Dong (Labour) Newspaper cited The Business Times of Singapore as saying.
VOV.VN - Singapore’s financial magazine the Business Times recently published an article highlighting Vietnam’s rapid economic recovery from the COVID-19 pandemic and describing the country as a “new Asian tiger”.
Given the COVID-19 pandemic, the EU-Vietnam Free Trade Agreement (EVFTA), which entered into force in August 2020, has helped to boost two-way trade and buffer the impact of the economic downturn, according to an article posted on October 13 by The Business Times of Singapore.
The Sunday Times of the UK and the International Business Times of the US have run articles entitled “The World’s First Onsen Complex” on The Landmark Swanlake Residences by Ecopark in Vietnam.
Despite being the lowest in the past three decades, Vietnam’s 2.91% growth recorded this year is still a success of the nation in the context of the COVID-19 pandemic that is ravaging the whole world, according to foreign media.