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% CONTENTS | ISSUE 328, March 2022                               Congratulations on Bangladesh Independence Day




                                                               COVER STORY

                                                              Exports have long been a key driver of Vietnam’s
                                                              economic growth, and while almost all indicators have
                                                              taken a hit over the last two years the country’s
                                                              exporters have largely managed to keep shipments
                                                              heading out. While this speaks volumes about the
                                                              country’s export enterprises, the fact is that the best
                                                              performers are foreign enterprises, and this is a matter
                                                              of growing concern. Behind the impressive growth
                                                              figures, however, lie the free trade agreements (FTAs)
                                                              Vietnam has signed in recent years, which have already
                                                              been a boon for inbound investment and exports alike.










                                                             DIGITAL  BIZ
          Editor’s letter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
                                                             Diving into digital Move towards digital by business given boost
                                                             from pandemic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .36
          LEADERS
          Recovery gaining steam Economic recovery and development  Giant leap forward Ecosystem for digital platforms to bring
          being accelerated   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3  digital transformation closer   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .38


          AT  A  GLANCE                                      PROPERTY
          Leading news from the month at a glance   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4  Behind closed doorsRetail real estate falls victim to pandemic preven-
                                                             tion and control measures  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .40
          BUSINESS REPORTS
          Back in business; Long journey ahead; Blazing the trail; The  CORPORATE  NEWS
          world awaits; Skin in the game; Movement afoot; Rocky road;  What’s happening in the world of business  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .42
          Best of care; Watching & waiting   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .19


          STARTUPS
          The latest from the world of startups  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .35
                                                             Statistics Updated economic figures  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .46




          P I C T U R E S   B Y   T R A N   V I E T   T U A N ,   D E S I G N   B Y   V E T   M E D I A

                              V I E T N A M   E C O N O M I C   T I M E S


          EDITOR-IN-CHIEF Dr. Chu Van Lam  COMMERCIAL OFFICES  DISTRIBUTION CHANNELS  • Embassies in Vietnam, cultural centers  EMAIL
          Managing Editor: Ta Thu Trang            Vietnam:             of countries, and representatives of
                               HANOI               • Via a network of publishers in   international organizations in Vietnam.  editor@vneconomictimes.com
          SCIENCE COUNCIL :    Tel: (84 24) 3755 2060
          Prof. Dr. Sc. Nguyen Quang Thai - President,   Fax: (84 24) 3755 2046  Vietnam’s 63 cities and provinces, the  Overseas:
          Prof.Nguyen Xuan Thang, Prof.Phan Van Tiem, Prof.Vu Huy  For Advertising, contact:   nationwide postal service, and book  Vietnam’s Embassies and/or Commercial   HANOI:
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          Xuan Quynh, Prof. Nguyen Dinh Huong, Prof. Nguyen Cong       INDONESIA, JAPAN, POLAND, SINGAPORE, THE
          Nghiep,Associate Prof. Vu Cuong, Associate Prof.Vo Dai Luoc,  HO CHI MINH CITY  • Business Class lounges at airportsin  HO CHI MINH CITY:
          Associate Prof. Vu Van Phuc, Associate Prof. Truong Thi Minh  Vietnam, on international flights of Viet-  REPUBLIC OF KOREA, UAE, UKRAINE, USA...  1/1 Hoang Viet, Tan Binh District,
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                                                    schools, and international hospitals.  www.en.vneconomy.vn (English)  www.facebook.com/vneconomy
           ENGLISH LANGUAGE EDITORJohn Harding
           We would like to sincerely thank the Ministry of Foreign Affairs and all overseas embassies and representative offices of Vietnam for their support and cooperation in the worldwide circulation of our magazine.
           ISSN 2734 - 9683 - LICENCE No. 272/GP-BTTTT ON JUNE 26, 2020, PUBLISHED MONTHLY BY THE VIETNAM ECONOMIC ASSOCIATION, PRODUCED IN VIETNAM AND PRINTED AT TIEN PHONG PRINTING AND COMMERCE JOINT STOCK COMPANY.© ALL RIGHTS RESERVED

        www.en.vneconomy.vn                                                    MARCH 2022 | VIETNAM ECONOMIC TIMES | 1
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