EuroCham Vietnam's quarterly business confidence index rises for third time in a row

EuroCham Vietnam's quarterly business confidence index rises for third time in a row

EuroCham’s Business Confidence Index (BCI) for Vietnam rose for the third time in a row to 52.8 in the first quarter of 2024, the highest level since Q3/2022 which indicates optimism in the national economy.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Philippines has highest ratio of female senior managers: survey

Philippines has highest ratio of female senior managers: survey

A recent survey by London-based Grant Thornton shows that the Philippines takes the top spot among 28 countries in terms of the percentage of women holding senior management positions.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Japanese firms’ Vietnam hassles: labor turnover, power supply, legal transparency

Japanese firms’ Vietnam hassles: labor turnover, power supply, legal transparency

Rising labor costs, high labor turnover, power supply instability, complicated procedures, and weak legal transparency are issues hassling Japanese firms in Vietnam, says the Japan External Trade Organization (JETRO) in a report released Friday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Over 40% of Swedish firms in Vietnam plan expansion

Over 40% of Swedish firms in Vietnam plan expansion

Up to 40% of Swedish companies operating in Vietnam have plans to increase their investments over the next 12 months as they seek further opportunities in one of the fastest growing economies in Asia, a survey has shown.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Tech modernization tops ASEAN CEOs' priorities

Tech modernization tops ASEAN CEOs' priorities

About half the CEOs of firms in ASEAN countries including Vietnam identify tech modernization as their highest business priority.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Family businesses need to build trust with key stakeholders: PwC

Family businesses need to build trust with key stakeholders: PwC

Family businesses in Vietnam need to make changes to build trust and make their efforts visible to their stakeholders, PwC Vietnam said in a survey released on Wednesday.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

81% of surveyed firms pessimistic about Vietnam economic outlook

81% of surveyed firms pessimistic about Vietnam economic outlook

Up to 81.4% of Vietnamese firms have a negative outlook on the country's economic conditions this year, according to a new survey by the Prime Minister's Private Economic Development Research Board.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

62% of Vietnam consumers cut non-essential spending: PwC

62% of Vietnam consumers cut non-essential spending: PwC

Vietnamese consumers have drastically adjusted their spending behaviors, with 62% in a new PwC survey “holding back” on non-essential spending amid the globally rising cost of living.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

One third of surveyed firms expect better business results in 2022

One third of surveyed firms expect better business results in 2022

About 31.5% of businesses in the processing, manufacturing and construction sectors in Vietnam expected a better business situation in the first quarter of 2023, while 31.2% expected worse results, according to a General Statistics Office survey.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam among top choices for global investors: Cushman & Wakefield survey

Vietnam among top choices for global investors: Cushman & Wakefield survey

Vietnam is the emerging market of choice on a first- and second-place preferred basis in a new Cushman & Wakefield global survey, taking almost 80% of the votes, ahead of India’s 75%.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Greater accountability, inclusivity see Vietnam ascend world budget ranking

Greater accountability, inclusivity see Vietnam ascend world budget ranking

Vietnam, with 80 out of 100 points, ranked 13th among 120 countries and territories in the Open Budget Survey 2021's oversight score board.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7