Southeast Asia – The Bright Spot in The Global Economic Landscape of 2024

Economic risks and geopolitical tensions have deeply affected the global economy throughout 2023 and continue to cast a shadow over the globe into 2024. Yet, despite these ongoing challenges, Southeast Asia is anticipated to experience encouraging developments in 2024, becoming a bright spot in the global economic landscape. • Optimistic Growth Forecast After a tumultuous …

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Labor Market and Economic Growth Facing The Challenge of Population Aging

While population aging has been recognized as a longstanding concern for European and American nations, it is now emerging as a formidable challenge for populations across Asian countries, notably in the East Asia and Pacific region. According to UNFPA Vietnam, Vietnam is one of the countries with the fastest population aging rates in the world. …

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Opportunities For Economic Growth And Jobs in Southeast Asia.

In the context of potential global economic fluctuations, Southeast Asia’s economic outlook shows positive signs of growth and employment opportunities following China’s reopening. Southeast Asia is well-positioned to benefit from China’s reopening after a three-year closure due to Covid-19, particularly in the tourism, export, and foreign direct investment (FDI) sectors.  Tourism and related services    …

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Vietnam’s Position In The Global Supply Chain Is Recognized Worldwide.

  In the context of global inflation pressures, rising interest rates, and increasing energy prices, however, most international organizations and foreign economic experts are optimistic about the prospects of Vietnam’s economic growth this year and recognize its importance in the global supply chain. Vietnam is among the 15 countries worldwide with the potential for high …

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Sectors At The Forefront of Vietnam’s Manufacturing Boom

  Vietnam’s textile and garment industry has experienced remarkable growth and has become a crucial player in the country’s economic development. This progress has positioned Vietnam as the fourth-largest exporter of garments in the global market, following China and the EU. The industry’s expansion is evident as it continues to contribute significantly to Vietnam’s economic …

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