Vietnam’s Tech Startups: Human Resource Challenges
Vietnam’s startup environment is dynamic and is rapidly growing. However, human resources are one of several challenges for tech start-ups. Vietnam Briefing addresses key issues in tech startup talent and approaches for attracting and retaining them. Vietnam is now the third most active startup ecosystem in Southeast Asia, behind only Singapore and Indonesia. The start-up scene in Vietnam has developed rapidly in the past decade, benefitting from governmental policies, tax incentives, and...
Manufacturing sector ends the first half of 2022 in good health
Vietnam Investment ReviewThe Vietnam Manufacturing Purchasing Managers' Index (PMI) posted 54.0 points in June, down slightly from 54.7 points in May but still signalling a solid monthly improvement in the health of the sector. Business conditions have now strengthened in each of the past nine months, according to the latest PMI survey by S&P Global. The Vietnamese manufacturing sector ended the first half of 2022 firmly in expansion mode as a lack of disruption from the pandemic supported...
Brightened prospects for garment and textile industry
Thanks to the flexible policies of the government on pandemic prevention and international integration, garment and textile exporters have been overcoming the woes of 2021 and achieved their yearly targets. The textile and garment industry was one of very few to maintain its growth and accomplish its 2021 goals. Total export value was estimated at $39 billion, an increase of 11.2 per cent on-year, up 0.3 per cent compared to 2019, and much better than the outcome of 2020 of $35 billion. At...