Grant Thornton Vietnam explores mid-market opportunities in a shifting global economy, from digital trade to strengthening supply chains for sustainable growth.
The mid-market looks to international business opportunities for growth and expansion.
The world economy is steady but slow showing resilience. Low growth is expected globally in 2024.
Explore how US chipmakers are expanding in Vietnam, a growing semiconductor hub. Discover partnerships, innovation, and opportunities for Vietnamese startups, supported by the government and collaboration with the US for workforce development and industry growth.
Apple’s recent visit to Vietnam by CEO Tim Cook signifies a significant commitment by the tech giant to the Southeast Asian nation. This commitment extends beyond mere words, as Apple has pledged to increase spending on local suppliers, highlighting Vietnam’s growing importance in the company’s global supply chain.
While Vietnam and businesses are moving towards sustainability, hubs of environmental concerns remain in attractive investment destinations, requiring a change in order to become competitive.
This year’s forum took the form of a merged Forum together with Prime Ministers FDI business conference, as proposed by the Prime Minister and the MPI.
Mr. Kenneth Atkinson, Founder and Senior Board Adviser at Grant Thornton Vietnam, shares his thoughts about Vietnam's Optimism Soars as Global Recession Fears Subside based on International Business Report's finding.
Grant Thornton Vietnam is pleased to release Grant Thornton International's Women in Business Report 2024, marking 20 years of surveying on women senior management in mid-market companies globally.
A Dragon in Chinese culture is a mythical, auspicious, and supreme being/creature. In Chinese mythology, Dragons have great power to control wind and rain, soar through the skies, and turn over rivers and seas, as well as bringing prosperity to the world.
Last November, Vietnam legalised rules regarding the introduction of global minimum tax (GMT). It is set at 15 per cent in Vietnam for enterprises considered as constituent entities of multinational corporations (MNCs) with consolidated revenue from €750 million (around $815 mil- lion) in two of four consecutive years.
Grant Thornton’s latest International Business Report survey indicated that the ambition for cross-border trade among mid-market businesses in Vietnam reduced remarkably as a result of the global economic slowdown.
Do Vu Bao Khanh of Grant Thornton Vietnam explains that Vietnam’s intention to implement the OECD global minimum this year will have repercussions for multinational enterprises investing there and for the country’s tax policy.
Mr. Kenneth Atkinson, Founder and Senior Board Adviser at Grant Thornton Vietnam, shares his thoughts with VET on FDI inflows in 2023 and what can be expected in 2024. FDI capital to Vietnam reached $28.85 million in the first eleven months of 2023. How do you view Vietnam’s FDI attraction in 2023 and the prospects for 2024?
Economic development has always been associated with urbanisation and this should be put into context. In 1950, the world had only reached an urbanisation rate of 30 per cent, and 2007 was the first year when more than half the world's population had moved to live in cities. In Vietnam, the level of urbanisation is reported at 38 per cent, which is the same rate as Europe was at the end of World War II.
Results of Grant Thornton’s latest International Business Report survey found that more mid-market companies in Vietnam are aiming to remarkably increase investment in technology, human resources, and R&D in the next 12 months, compared to second half of last year. This upward trend in Vietnam also aligns with the global results of the survey, reflecting the awareness and desire of maintaining competitiveness among firms despite continuing economic uncertainty.