Momentum for seaports hard to retain
While complex global developments are affecting the performance of seaports, action is needed to ensure growth momentum. Phan Hoang Vu, deputy general director of SP-SSA International Terminal (SSIT), is worried as the market continues to face difficulties. Not long ago, SSIT renovated several yards to temporarily meet the empty container needs of shipping lines. “A large amount of empty containers are in excess globally, including Vietnam,” said Vu. “The oversupply of containers reflects a...
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...