Tag: middle-income trap

Vietjet Aviation Joint Stock Company (HOSE: VJC) has solidified its position as a leading player in Vietnam's aviation industry, boasting remarkable growth rates, a substantial market share, and a well-defined international expansion strategy. This impressive performance has garnered significant attention from investors in the market.

With the two-tier electricity pricing model, those who consume high power, putting strain on the grid, will pay a commensurate cost; conversely, those who maintain stable, energy-efficient usage naturally reap the benefits.

In 1993, Vietnam's per capita income stood at approximately $170, ranking it 10th out of 11 countries in Southeast Asia.