At the close of 2024, Vietnam is estimated to have achieved a GDP growth rate exceeding 7%. With this growth rate, Vietnam ranks among the fastest-growing countries in the region and globally. Looking ahead to 2025, many international organizations express optimism about Vietnam’s economic growth prospects. Global Economic Landscape in 2024 The global economy in […]

The economic sector serving the elderly, also known as the “silver economy,” is becoming a new growth engine in many countries around the world, including Vietnam. According to United Nations estimates, by 2030, people aged 50 and over will account for 32% of the total population in the Asia-Pacific region. In this region, the “silver

Europe is not the only region in the world affected by demographic shifts – Asia’s population is also aging. According to projections by the United Nations Population Fund (UNFPA), the proportion of elderly people aged 60 and over in the Asia-Pacific region is expected to increase from approximately 14% in 2022 to nearly 26% by

The semiconductor chip shortage during the Covid pandemic has ‘paralyzed’ production lines in several countries. In this context, the semiconductor industry in Southeast Asia has emerged as a solution, with Vietnam becoming a focal point in the global semiconductor investment chain. However, this industry also presents significant opportunities and challenges regarding human resources and supply

Since the beginning of the year, the global economy has faced numerous shocks, including escalating political tensions, persistent high inflation, and continued tight monetary policy. However, economies have remained resilient, demonstrating the adaptability of nations in the face of a challenging global landscape. International organizations have successively raised their economic growth forecasts for the year,

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

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.