eco-business_A new report by WWF has found that most major Asian consumer goods firms are lagging behind their western counterparts on making their operations and supply chains more sustainable, and their investors are also not paying enough attention to environmental risks.
Vietnam earlier this year received an ‘expected gift’ from PricewaterhouseCoopers (PwC). The auditing firm, one of the ‘big four’, reported that Vietnam economy ranked 32nd in the world in 2016 with GDP of $595 billion, including PPP (purchasing power parity) formula.
With the predicted average growth rate of 5.1 percent in 2016-2050, PwC believes that Vietnam would be the 20th largest economy in the world by 2050 with GDP of $3.176 trillion (in PPP), higher than that of Thailand, Malaysia, Canada and Australia. Continue reading “The real power of Vietnam’s economy”