Vietnam’s GDP in the second quarter of 2023 increased by 4.14% and in the first 6 months of 2023 grew by 3.72%. Vietnam targets GDP growth of 6.5% in 2023. However, with the external environment likely to remain unfavourable, the economy is expected to struggle in the second half of the year. Is it still possible to reach the targeted GDP?
Key talking points:
• Analysis of Vietnam Q2 GDP, CPI, GSO’s social economic report
• Breakdown of the latest EuroCham Business Confidence Index survey
• How are Vietnamese consumers affected by the downturn
• What are the main factors to look out for, especially in view of structural shifts including supply chain relocation, trends towards de-globalization/regionalization of economic activities, and the rise of ASEAN?
• How to maximise the effectiveness of support recovery and socio-economic development policy
• Forecast scenarios on growth and inflation on Vietnam’s economic performance in the second half of the year
Details of the event:
• Date & Time: Wednesday, 23rd August 2023, 11.30 am – 1.30 pm
• Location: Melia Hanoi, 44B Ly Thuong Kiet, Hanoi
• Fee (lunch included):
EuroCham members: 1,100,000VND/pax
• Contact: Ms. Hoang Anh at email@example.com for more information and registration
*Please kindly note that cancellation must be made at least 48 hours before the event; otherwise, full charge (1,100,000VND/pax for members or 1,400,000VND/pax for non-members) will be applied due to obligation with the venue.
Nguyen Anh DuongDirector, Department for General Economic Issues and Integration Studies, CIEM
Duong joined CIEM in 2004. He has various important research papers and policy recommendations to the government of Vietnam on FTAs, macroeconomic policy, digital economy and circular economy. Duong has extensive cooperation under APEC and ASEAN frameworks. He led the APEC Economic Committee Team to develop the Enhanced APEC Agenda for Structural Reform 2021-2025. He has been leading the implementation of Viet Nam’s action plan for structural reform under APEC since 2011. Since 2019, he represents CIEM at the ASEAN+6 Regional Institute Network (RIN), coordinated by Bangkok Research Center, IDE-JETRO.
Suan Teck Kin, CFA Head of Research, Executive Director Global Economics and Markets Research United Overseas Bank (UOB)Suan Teck Kin, CFAHead of Research, Executive Director Global Economics and Markets Research United Overseas Bank (UOB)
Teck Kin joined UOB as an economist in 2006. In his current role as Executive Director in Global Economics and Markets Research, he is responsible for macroeconomic and foreign exchange research with a primary focus on China, Hong Kong and Taiwan, and secondary coverage for the ASEAN region. As a member of the Research team, he presents the team’s market views regularly to the Bank’s management team and clients in Singapore and the region.
Teck Kin has more than ten years of experience in macroeconomic and equity research. Fluent in English and Mandarin, Teck Kin is interviewed frequently by local and international print and broadcast media, as well as financial newswires on the economic and market outlook.
Prior to UOB, Teck Kin held various positions in equity and credit analysis in other financial institutions in Singapore, Canada and Taiwan.
He is a well-known speaker with Vietnam market where he delivered global markets update to Vietnam Interbank Market Research Association (VIRA) offsite in 2022, and also sharing sessions with SBV’s dealing room over the past years.
Teck Kin graduated with a Master’s degree in economics and a Bachelor of Business Administration degree from the Simon Fraser University, Canada. He is also a Chartered Financial Analyst charterholder.
Thue Quist ThomasenCEO of Decision Lab
Thue Quist Thomasen is the CEO of Decision Lab, a leading market research agency in Vietnam. He has over 20 years of experience in marketing, research, and consulting. Fourteen are from Vietnam, where he co-founded and grew Epinion in Vietnam, then Decision Lab. He has an international business and politics degree from Copenhagen Business School and the Hong Kong University of Science and Technology.
He is a senior expert in brand building, consumer understanding and commercial strategy development across finance, F&B, e-commerce and education. He has helped numerous clients achieve their goals by using data-driven strategies in their commercial development. He is a frequent speaker at conferences on branding, marketing and economic development in Vietnam and a frequent contributor on Vietnamese television and several news outlets.
Only a few know that his connection to the country goes further. When he was nine, he tried to start a burger joint in Hue, in central Vietnam. Since returning to Vietnam in 2008, he has continued to contribute to the country through four years as a board member of EuroCham and five years helping to build up Nordcham Vietnam.