Vietnam is entering a transformative phase often referred to as “Doi Moi 2.0” – a strategic reform agenda aimed at achieving 10% annual GDP growth through 2030 and reaching developed nation status by 2045. As the country moves forward with these ambitions, the investment landscape is also evolving rapidly.
In this context, we are pleased to share that SingCham Vietnam President, Mr. Tan Quee Peng, and Vice President, Mr. Seck Yee Chung, were recently featured in The Business Times (BT), where they discussed how businesses are navigating this evolving business environment.
Our President, Mr. Tan Quee Peng, highlighted that the growing number of SingCham members in high-value sectors such as digital services and green energy reflects Vietnam’s steady progress up the global value chain. In the context of ongoing global uncertainties, he highlighted that businesses are staying pragmatic by adopting a “move-and-adjust” strategy – balancing expansion plans with careful risk management during execution.
Complementing this view, our Vice President, Mr. Seck Yee Chung, observed a clear shift in investor interest toward knowledge-intensive industries and green technology, particularly from the United States, Japan, and South Korea. However, he cautioned that while the Law on Investment 2025 has streamlined processes, the real test remains the pace of practical implementation and bureaucratic caution at the local level.
Read The Full Expert Analysis: https://www.businesstimes.com.sg/international/asean/inside-asean/beyond-manufacturing-vietnams-doi-moi-2-0-opens-new-investment-options-and-challenges
