UK newspaper highlights Vietnam’s growth potential
Vietnam is now a thriving regional hub with ample scope for further rapid development, assessed an article recently published on the UK news site of financial analysis moneyweek.com.
Smartphone production at Samsung Electronics Vietnam Company Limited located in Yen Binh Industrial Park, Thai Nguyen province. (File photo: VNA)
Hanoi (VNA) – Vietnam is now a thriving regionalhub with ample scope for further rapid development, assessed an articlerecently published on the UK news site of financial analysis moneyweek.com.
According to the author, Vietnam’s smartphone dominance is in large part due tohuge investments by the Republic of Korea (RoK)’s giant Samsung. The country isintent on pivoting from “labor-intensive” textiles and electrical assembly workinto more profitable sectors, such as semiconductors. Foreign capital is keento help, given the growing pressure to diversify supply chains.
“Vietnam’s booming economy has remained below the radar formost foreign investors for a simple reason: it is still not classified as anemerging market by MSCI,” noted the article. An upgrade to emerging market (EM)status would prompt large inflows from funds that track the benchmark EM index,delivering a boost to local stocks of an estimated 5 billion USD – 8 billionUSD.
Vietnamese stocks are the single largest component of thefrontier-markets sector, and foreign investors have spent recent years bettingthat an upgrade for such a dynamic emerging economy was only a matter of time,it said.
Meanwhile, Vietnam has faced milder inflation than manyWestern economies of late, enabling the central bank to cut interest rates fourtimes this year.
“For investors, the volatile nature of the local stockmarket means that Vietnam isn’t yet one to put at the centre of a portfolio,but it still merits a nibble,” said the author, adding that even as a frontiermarket, the Southeast Asian nation is a compelling play./.
Mexico’s magazine Voces Del Periodista (Voice of Mexican journalists) has run a story spotlighting the traditional ties between Vietnam and Latin America in general and Brazil in particular, on the occasion of Vietnamese Prime Minister Pham Minh Chinh’s official visit to Brazil from September 23-26.
China, Vietnam and Thailand shipped more than 11.5 billion USD worth of goods to Cambodia, making up around 70.8% of the country’s total imports of 16.3 billion USD in the first eight months of 2023, according to the General Department of Customs and Excise (GDCE) of Cambodia.
Over the medium-term outlook for the next five years, a number of key drivers are expected to continue to make Vietnam one of the fastest growing emerging markets in the Asian region, said an article published by the S&P Global Market Intelligence on October 5.
Vietnam has uniquely positioned itself to be among the fastest-growing economies in the coming decade, according to an article published recently on Australia-based website eastasiaforum.org.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Smartphone production at Samsung Electronics Vietnam Company Limited located in Yen Binh Industrial Park, Thai Nguyen province. (File photo: VNA) 
