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The representatives of the French Naval Command and Ministry of Armed Forces said the outcomes of the Vietnamese delegations participation in Euronaval 2024 will help enhance defence cooperation between the two countries.
The think tank emphasizesthat there has been significant progress made in executing both bilateral and regional FTAs.manufacturing wages is less than half of that in China and the second lowest in ASEAN behind Philippines.
investment flows are also a response to growing domestic market backed by the growing middle-income class within the 100 million population where the median age is 30 and 70% are among the working population.the dynamics of FDI inflow and the investor landscape is shifting since the second half of 2023 and becoming more evident this year.with 70% of them being driven by FDI companies.
whilst the Vietnamese sides multiple bilateral and regional FTA pacts have catalyzed those global Taiwanese manufacturers to leverage on Vietnam as a cost-effective platform exporting to US.000 stores; whilst global electronics players such as Luxshare.
and Taiwan are collectively contributing to 60% of the aggregate flow compared to 38% in 2022.
with the FDI Regulatory Restrictiveness Index indicating that Vietnam is the most open economy just behind Singapore in the region.real estate development in the capital city has been stagnant with no new projects approved for investment.
resulting in difficulties for localities.leading to a disparity between prices and values.
the real estate market declined as result of the shortcomings and limitations in the previous period were exposed under the pressure of the COVID-19 pandemic.thereby freeing up resources for the market and create momentum for socio-economic growth.