While Vietnam has implemented various policies to support business development amidst a global economic slowdown, businesses should be aware of certain factors that could hinder growth in 2024.
1. Global Economic Slowdown
Although not a recession, the global economy is expected to experience slower growth in 2024. This could impact demand for Vietnamese goods and services, affecting export-oriented businesses.
2. Declining Growth in International Trade
The slowdown in global economic growth could also lead to a decline in international trade, which would impact businesses involved in import-export activities.
3. Bond Maturities in 2024
A significant amount of corporate bonds will mature in 2024, putting pressure on businesses to refinance their debt. This could strain their finances and limit their ability to invest and grow.
HEC Liège EMBA: Navigating Challenges and Driving Growth
The HEC Liège EMBA program provides a valuable platform for business leaders to share and discuss strategies for overcoming these challenges and driving growth in 2024.
Through the program, participants can:
Gain insights from experienced faculty and industry experts on the latest economic trends and business strategies.
Network with other business leaders and learn from their experiences.
Develop critical thinking and problem-solving skills to effectively navigate challenging business environments.
Enhance their leadership capabilities and make informed decisions that drive sustainable growth.
The HEC Liège EMBA is designed to equip business leaders with the knowledge, skills, and network they need to succeed in a rapidly changing global economy.
By participating in the program, business leaders can position themselves and their organizations for success in 2024 and beyond.