The world is changing faster than we imagine, and the pace of change is only going to accelerate. Tim Evans, CEO of HSBC Vietnam, explains why we must adapt and find ways to navigate the challenges, as they will ultimately also present opportunities for those prepared for them. It is always a great pleasure to tell Vietnam’s story with pride to the rest of the world. One of the most interesting aspects of this story is the remarkable growth journey that the country has been on over the past few decades, and this is now reflected in the position that Vietnam is taking across global supply chains. From an initial low starting point, Vietnam has moved itself to become a lower-middle-income country with a fast-growing economy. The numbers speak for themselves. Vietnam is now a signee to 16 free trade agreements and has established comprehensive strategic partnerships with a further eight countries. The GDP of the economy is projected to reach $760 billion by 2030. Tim Evans, CEO of HSBC Vietnam This year, HSBC Global Research expects the country’s GDP to grow by 7 per cent, becoming the fastest growing economy in ASEAN and producing as much new additional […]
A tale of two trends: Digital transformation and net-zero transition
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