vietnam economy

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South Korea’s billion-dollar lifestyle economy inspires VN's next growth model

With strong exports in culture-driven products like K-pop, cosmetics, and traditional fashion, South Korea is reaping the rewards of its lifestyle-focused strategy. Vietnam may be next.

Vietnam’s November cabinet meeting focuses on growth, disaster response

On the morning of December 6, Prime Minister Pham Minh Chinh chaired the Government’s regular cabinet meeting for November, aiming to assess the country’s socio-economic situation over the past month and the first 11 months of 2025.

Vietnam aims for global leadership in agriculture by 2030

The Politburo has set a bold vision for Vietnamese agriculture: by 2030, the country should have several strong agricultural enterprises that not only lead the region but also compete on the world stage, actively integrating into global value chains.

Vietnam surpasses forecasts to join world’s top 15 trading nations

As of November 15, 2025, Vietnam’s total import-export turnover exceeded USD 801 billion - the highest figure in its history and surpassing the Ministry of Industry and Trade’s earlier forecast of USD 800 billion issued in September.

Investment in data, digital infrastructure needed to remove current bottlenecks

Contributing opinions to the 14th Party Congress documents, Nguyen Thanh Hoa, Deputy Director of the HCMC Digital Transformation Center, suggested prioritizing investment in digital infrastructure, platforms, and data to unlock existing limitations.

Vietnam enjoys opportunities amid production re-positioning wave

The 10-month figures show that Vietnam remains an attractive destination for foreign investors, who continue to place trust in the country’s growth prospects, investment environment and economic standing.

Vietnam’s low-altitude economy could hit USD 10 billion by 2035

Vietnam’s low-altitude economy could generate USD 10 billion and create one million jobs by 2035, according to Vu Anh Tu, Chief Technology Officer at FPT Group.

Vietnam’s development praised for courage, reform, and unity

From Singapore, Prof. Vu Minh Khuong lauds Vietnam’s government for its qualities of bravery, decisiveness, and selflessness in times of crisis.

Vietnam must abandon old growth models to escape middle-income trap

Outdated strategies and institutional inertia threaten Vietnam’s bid for long-term, innovation-driven growth.

Vietnam to be among countries with highest growth in 2025: Press conference

Many international organisations have continued to provide positive and optimistic assessments of Vietnam’s economic situation, forecasting that in 2025 Vietnam will be one of the countries with the highest growth in the region and the world.

Vietnam to reorganize provinces into six key development zones

On November 7, Minister of Finance Nguyen Van Thang presented the draft amendment to the Law on Planning and an updated version of the National Master Plan for 2021-2030, with a vision toward 2050, to the National Assembly.

Vietnam's consumer strength to power through global headwinds

Consumer purchasing power will expand, supported by stable inflation and a still-tight labour market facilitating real wage growth, said BMI.

Efficiency of three strategic breakthroughs promoted: PM

A growth target of over 8% is ambitious but necessary to achieve strategic goals, said Prime Minister Pham Minh Chinh.

Vietnam shines as Asia’s growth bright spot amid global economic volatility

With GDP growth surpassing 8% in the third quarter and optimistic projections from HSBC (7.9%) and Standard Chartered (7.5%), the full-year target of 8.5%, previously deemed “ambitious”, now appears increasingly achievable.

Vietnam shines as Asia’s growth bright spot amid global economic volatility

With GDP growth surpassing 8% in the third quarter and optimistic projections from HSBC (7.9%) and Standard Chartered (7.5%), the full-year target of 8.5%, previously deemed “ambitious”, now appears increasingly achievable.

Vietnam’s path to 10% growth starts with consumer confidence

Reviving household spending is key to unlocking sustainable economic acceleration.

Standard Chartered raises Vietnam’s 2025 GDP growth forecast to 7.5%

Standard Chartered has revised its forecast for Vietnam’s economic growth in 2025 to 7.5%, up from its earlier projection of 6.1%.

Vietnam on track to rank among world’s 30 largest economies

Vietnam’s economy is forecast to exceed 505 billion USD by the end of 2025, placing the country among the world’s 30 largest economies, according to projections by the World Bank.

Vietnam’s infrastructure boom: Turning plans into progress

The government has announced that total social investment capital is expected to reach 33.2% of GDP in 2025, with a target of 40% in 2026 – an exceptional rate even among the fastest-growing developing economies in the region.

The National Assembly and the 8.5% growth figure

The final session of the National Assembly in 2025, which opened on the morning of October 20, serves as a crucial checkpoint for reviewing the country's development over the past year and charting the path forward into 2026.