BFM Podcast

New Economic Challenges Ahead For Vietnam

Tan KW
Publish date: Mon, 18 Nov 2024, 11:37 AM
New Economic Challenges Ahead For Vietnam

18-Nov-24 07:30

Dr Nguyen Khac Giang, Visiting Fellow, Vietnam Studies Programme, ISEAS – Yusof Ishak Institute

The National Assembly of Vietnam approved the government's 2025 economic plan with total central budget revenue being set at over US$39.4 billion, with the goal of of helping one of Asia's fastest growing economies to hit 7-7.5% growth. However, is incoming President Donald Trump with his tariff plans an obstacle to this goal and how should the Vietnamese government navigate this new world order? Dr Nguyen Khac Giang, Visiting Fellow, Vietnam Studies Programme, ISEAS – Yusof Ishak Institute gives us his perspective.

Image Credit: Shutterstock.com

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