Vietnam’s Climate Resilience Journey Still Has Ways to Go
Vietnam is one of the world’s most hazard-prone countries to climate change risks. The country faces high natural disaster risk levels.
Vietnam is one of the world’s most hazard-prone countries to climate change risks. The country faces high natural disaster risk levels.
Vietnam's transition from the “golden population structure” period toward aging and aged society has significant implications for the country’s economic development and the welfare of its citizens.
Watch the highlights of AMRO's 2023 Annual Consultation Report on Vietnam.
After weakening in the first half of 2023, the Vietnamese economy gathered momentum in the second half of the year. The economic growth is expected to pick up moderately in 2024.
Vietnam’s economy is expected to strengthen to 6.0 percent growth in 2024 from 5.1 percent growth in 2023.
The ASEAN region is expected to benefit from a combination of these favorable factors, with growth in 2024 and 2025 forecast at 4.8 and 4.9 percent, respectively while growth in the Plus-3 region is expected to remain robust at 4.3 and 4.1 percent, respectively.
AMRO Senior Economist Wanwisa May Vorranikulkij talks to Vietnam Investment Review about the economic outlook for Vietnam.
The creation of the AFTN demonstrates the region’s strong commitment to act promptly and firmly together to address emerging challenges.
Asian supply chains are evolving from a focus on efficiency to an emphasis on balancing efficiency and resilience. Simultaneously, there is an ongoing push to “green” supply chains as part of a global effort to fight climate change.
This next issue in the Trade Wind Series presents the key takeaways from staff’s discussions in Vietnam, which is that the country has the potential to become a global FDI and supply chain hub if appropriate measures and structural reforms are undertaken.