68% of European businesses in Vietnam report neutral to positive current conditions and long-term optimism, but policy adjustments are needed to address regulatory challenges.
EuroCham's Q2 2024 BCI report shows a cautiously optimistic outlook for European businesses in Vietnam, with 68% of respondents reporting neutral to positive current conditions. First-half GDP growth was 6.42%, and 70% express long-term optimism. However, policy adjustments are needed to maintain momentum due to regulatory challenges, including ambiguous regulations, burdensome admin processes, and difficulties in obtaining licenses.
July 15, 2024
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