Despite tremendous improvements in the last few decades, the environment to do business in Vietnam, and many Asian countries remain complex and challenging. Social progresses and environment norms in many cases lag far behind the business and economic boom in many of the countries in the region. Inequality is growing and poverty reduction is slowing down. These development issues remain and need to be addressed by innovative and tailor-made solutions which can fit to and work in the local contexts. Born ...

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[8 Jan 2024] — Vietnam is anticipated to ascend to the ranks of the Top 25 economies in the World Economic League Table (WELT) rankings by 2038, according to the Centre for Economics and Business Research (CEBR). Vietnam's GDP is forecast to grow at an average of 6.7 per cent between 2024 and 2028. Over the subsequent nine years, the CEBR forecasts that the Vietnamese economy will expand by 6.4 per cent on average each year. Over the next 15 years, Vietnam is also predicted to move swiftly up the ...

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According to ILO, informal employment refers to ‘all employment arrangements that do not provide individuals with legal or social protection through their work, thereby leaving them more exposed to economic risk’. Informal employment refers to jobs, whether in the formal or informal sector, that are not covered by labour regulation, taxation, social protection or other employment benefits. The term informal economy workers refers to those who hold informal employment. According to the General Statistics ...

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