This book offers an up-to-date and comprehensive picture of the Vietnamese economy, which is the fast-growing economy in Southeast Asia. The country has invested heavily in education, health, and development infrastructure across the country. Progress in recent decades has been strong and Vietnam has attracted significant relocation and outsourcing of production from The Organization for Economic Cooperation and Development (OECD) countries. In the recent years, much of the foreign direct investment from China has been channeled to Vietnam. The state's development policy has created optimal conditions for further expansion of production, supply chain, education and finances. Investment in education, health, infrastructure, administration and regulations is facilitating investment inflows, technology transfer and spillover to the growing national companies. The educated young population and disciplined labor force have provided a strong basis for the growth of the economy. The high level of productivity, improved quality of products, low and competitive cost of production, and over 100 million people provide a strong base for a continuous economic growth.

This edited volume, brings together selected papers presented at The 5th International Conference on Business (ICB 2023), providing good insights into the features of the economy and its development potential. They provide an up-to-date overview and an empirical research-based picture of the recent trends in Vietnam's economic development. The book would be a useful read for educators, undergraduate and graduate students, domestic and foreign investors, government agencies, provincial and industrial sector decision-makers, trade partners, libraries, individual researchers, and professional and practitioners. It helps to fill the gap in knowledge and inform development planners and investors about different sectors of the Vietnamese economy and its development potential.

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Le Thanh Tung is an Associate Professor in Economics and the Dean at the Faculty of Economics and Public Management, Ho Chi Minh City Open University, Vietnam. Le Thanh Tung is also the head of the Policy and Applied Economics Research Group. His research interests are socio-economic policy analysis, public policy assessment, managerial economics and solutions for social issues. He published numerous articles in peer-reviewed journals such as Eurasian Geography and Economics, Children and Youth Services Review, Applied Economics Letters, Asia Pacific Journal of Social Work and Development, Post-Communist Economies, Asian Journal of Technology Innovation, Behavior & Information Technology or Journal of Product & Brand Management. In the academic system, Le Thanh Tung serves as a reviewer for international journals such as the Journal of Economic Structures, Current Issue in Tourism, Organizations and Markets in Emerging Economies, and Transforming Government: People, Process and Policy. Besides, Tung has joined many international conferences and has published several peer-reviewed book chapters in recent years.

Nguyen Hoang Sinh is the current Dean of the Faculty of Business Administration at Ho Chi Minh City Open University in Vietnam. He earned a PhD in Marketing as a recipient of the New Zealand ASEAN Scholars Awards in 2013 and a Master's degree in Australia as an Australian Development Scholarships recipient in 2004. Sinh's research has been published in various peer-reviewed journals such as Journal of Social Marketing, Australasian Marketing Journal, Journal of International Business and Economy, Journal of Asian Business and Economic Studies, Journal of Asian Finance, Economics and Business, and Ho Chi Minh City Open University Journal of Science - Economics and Business Administration. His research interests center around marketing communications that use emotional appeals in health and pro-social behavior, with a focus on persuasive messages that utilise self-conscious emotions in public health. He has served as a peer reviewer for the Journal of International Business and Economy since 2013, as well as for the 2017 AMA Marketing and Public Policy Conference and the 2017 ANZMAC Conference. With over 15 years of experience in marketing, corporate communications, and public relations, Sinh has previously managed accounts for major clients, including Abbott, Coca-Cola, PepsiCo, Samsung, Ariston, Microsoft, GuocoLand, ACCA, ACE Life, HSBC Bank, PG Bank, among others.

Pham Ha completed his PhD in the Economic Sciences at Universit� de Limoges, France. He is currently the Dean of Faculty of Banking and Finance at the Ho Chi Minh City Open University. His research interests are in the field of corporate governance, prudential regulation, bank risk and performance, and the behavioral finance. His research has been published in peer-reviewed journals such as International Review of Economics and Finance, Managerial and Decision Economics, Cogent of Economics and Finance, Risk,Financial Research Letters, Economic Research, Economics & Sociology, Journal of Risk and Financial Management… He also serves as a reviewer and the editorial advisory board member of Journal of Global Business Insight; a referee for various journals: Global Finance, International Financial Markets, Institutions & Money, Emerging Markets, Finance and Trade, International Journal of Managerial Finance, Economic Research.

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