AGP Executive Report
Last update: 12 hours agoTrade: Vietnam signed a free-trade agreement with EFTA’s four countries, setting out tariff cuts and new market access as the country seeks to diversify exports. Bilateral trade with the bloc averages nearly US$2 billion a year. Growth: The government set a minimum 10% GDP growth target for 2027, an ambitious goal amid significant challenges. The Deputy PM urged lending rates to fall by 1.5–2 percentage points to support businesses and priority sectors. US ties: Vietnam has sent Washington the final text of a trade agreement, though US officials remain more cautious about a deal. Investment: Vietnam is tying some FDI incentives to local-supplier commitments to capture more value at home. EuroCham’s business confidence index held at 78.3 in Q3 despite operational hurdles. Digital infrastructure: Vietnam’s CMC and South Korea’s Lotte Innovate are exploring data-centre projects, adding to momentum in the country’s technology push.
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