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The war in Ukraine, Western sanctions and the redirection of external trade away from Europe towards new partners all required a surge in investment. The bulk of new investment…
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DOI: 10.1108/OXAN-DB286245
ISSN: 2633-304X
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The Economic Development Board (EDB), the country’s investment promotion agency, announced in March that its ‘golden licence’ scheme of incentives for local and foreign investors…
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DOI: 10.1108/OXAN-DB286570
ISSN: 2633-304X
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Issues such as soaring inflation, currency depreciation and debt repayment problems are having a major impact on the economy. The World Bank estimates that GDP grew by 3.7% in…
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DOI: 10.1108/OXAN-DB287447
ISSN: 2633-304X
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The departures were linked to the anti-corruption campaign long championed by Communist Party of Vietnam (CPV) General Secretary Nguyen Phu Trong. The campaign is a means of…
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DOI: 10.1108/OXAN-DB287376
ISSN: 2633-304X
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The reading, above market expectations, was largely supported by higher investment and household consumption amid a more benign environment of falling unemployment, inflation and…
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DOI: 10.1108/OXAN-DB287577
ISSN: 2633-304X
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Although Russia's economy continued to expand briskly in the first quarter, future growth will be at risk if current imbalances in the labour market are not addressed. Labour…
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DOI: 10.1108/OXAN-DB287604
ISSN: 2633-304X
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Precision and medical equipment has been the country’s largest export sector since 2017. It maintained that position in 2023, achieving 28% growth year-on-year and contributing…
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DOI: 10.1108/OXAN-DB285928
ISSN: 2633-304X
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The government statement announcing the news alluded to “violations” and “shortcomings” that adversely affected public opinion and the CPV’s reputation. Thuong became president on…
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DOI: 10.1108/OXAN-DB286120
ISSN: 2633-304X
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Central banks in Central-Eastern Europe (CEE) have already delivered hefty rate cuts but the ECB move might not herald further loosening. Economic recovery is tepid but inflation…
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DOI: 10.1108/OXAN-DB287584
ISSN: 2633-304X
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Speculation that Europe’s carmakers might be exploring partnerships to produce more affordable electric vehicles (EVs) and withstand global competition, particularly from China…