Global economic growth projections for 2024 are marked by significant divergence. The World Bank forecasts a 2.4% growth rate, while the OECD projects a slightly higher figure of 3.1%. Geopolitical tensions and major economic events have rendered the outlook highly uncertain. In the first half of 2024, Vietnam faced headwinds from the global market, grappling with elevated interest rates and a surging US dollar. Nonetheless, Vietnam’s GDP expanded by 5.66% in the first quarter of 2024, the highest rate since 2020. Nevertheless, numerous sectors of the economy have yet to exhibit signs of robust recovery.

Despite temporary challenges, Vietnam’s economy remains a beacon for foreign direct investment in the long term, occupying a pivotal position in global supply chains and trade. To provide a comprehensive overview of the 2024 business landscape, identify emerging challenges, and explore opportunities, Forbes Vietnam is organizing the 2024 Business Forum, themed “Ahead of the Game.” This forum will convene top-tier executives from domestic and international enterprises to discuss the prospects for business recovery following a period of volatility. Additionally, experts will share insights, identify opportunities for Vietnamese businesses, and explore the implications of technological advancements and Vietnam’s deepening strategic partnerships with major economies.