The conflict in the Middle East is a major shock to the global energy market, pushing prices skyward and making supply security a top concern, said Shan Saeed, Global Chief Economist at Malaysia-based international real estate firm IQI Juwai, adding that the impact on Vietnam remains cyclical and manageable.

Vietnam is entering a decisive stage of economic maturation, marked by a structural shift from large-scale manufacturing toward higher value-added production and increasingly sophisticated services, according to Shan Saeed, Global Chief Economist at Malaysia-based international real estate technology group IQI Juwai.