WB offers strategic recommendations as Vietnam enters upper-middle-income group
Vietnam's recent reclassification by the World Bank (WB) Group as an upper-middle-income economy marks an important milestone in the country’s development trajectory, said Mariam J. Sherman, WB Director for Vietnam, Cambodia, and Lao PDR, noting that while the upgrade reflects Vietnam's remarkable progress, it also brings a new set of growth challenges as the country pursues its ambition of becoming a high-income economy by 2045.
Ho Chi Minh City promotes UAV applications to develop low-altitude economy
Building on advances in science and technology, innovation and the expanded development space created by the recent merger, Ho Chi Minh City is accelerating the testing and deployment of unmanned aerial vehicles (UAVs) across multiple sectors, laying the groundwork for a low-altitude economy while improving governance, operational infrastructure and a collaborative ecosystem linking the State, universities and businesses.
Can Tho expands international cooperation and attracts resources for development
In the first half of 2026, Can Tho City intensified its foreign relations and investment promotion activities in a proactive and substantive manner. From overseas trips to hosting international business delegations, the city has gradually expanded cooperative relationships...
Vietnam’s first-ever digital investment platform to debut in Ho Chi Minh City
Ho Chi Minh City is set to launch a pilot version of its digital investment promotion platform on July 9, offering a live demonstration of its data system, support tools and core functions to state management agencies, businesses, investors, industry associations and international organisations.
Vietnam – EFTA FTA expected to create new growth opportunities for trade, investment
The conclusion of negotiations on the Vietnam – European Free Trade Association (EFTA) Free Trade Agreement after more than a decade of talks marks a significant step forward in Vietnam’s strategy to diversify markets and deepen international economic integration, an official has said.
Manufacturing remains key driver of Vietnam’s economic growth in H1: NSO
Vietnam's industrial production maintained strong momentum in the second quarter and the first six months of 2026, with the Index of Industrial Production (IIP) posting its fastest first-half growth since 2019, according to the National Statistics Office (GSO) under the Ministry of Finance.
PM reaffirms commitment to double-digit growth through 2030
Prime Minister Le Minh Hung on July 4 reaffirmed the Government's determination to achieve double-digit economic growth in 2026 and throughout the 2026–2030 period while maintaining macroeconomic stability, keeping inflation under control and safeguarding the economy's major balances.
Newly-established businesses jump 22.5% in first six months
Nearly 111,700 new businesses were established nationwide in the first half of 2026, up 22.5% year-on-year, reflecting resilient business activity despite ongoing market volatility, according to the National Statistics Office (NSO) under the Ministry of Finance (MoF).
Vietnam, EFTA wrap up negotiations on free trade agreement
Vietnam and the European Free Trade Association (EFTA) have concluded negotiations on a free trade agreement (FTA), which is expected to open a new chapter in bilateral cooperation, creating a solid framework for promoting trade and investment, and expanding collaboration across sectors, the Vietnamese Ministry of Industry and Trade (MoIT) said.
National traceability system to strengthen reputation of Vietnamese farm produce: Deputy PM
The introduction of Vietnam's national agricultural product traceability system is a major step in the digital transformation of the agriculture and environment sector, helping enhance the quality, transparency and global competitiveness of the country's farm produce, Deputy Prime Minister Ho Quoc Dung said at the launch ceremony in Hanoi on June 30.
PM calls for stronger Vietnam–RoK cooperation towards 100 billion USD trade target
Prime Minister Le Minh Hung called on Vietnam and the Republic of Korea (RoK) to deepen their comprehensive cooperation and work towards achieving bilateral trade of 100 billion USD during a reception on June 29 for outgoing RoK Ambassador to Vietnam Choi Young-sam.
Green production zones to boost standing of Vietnamese farm products
Vietnam is stepping up efforts to build low-emission agricultural production zones and standardise greenhouse gas measurement systems as part of a long-term strategy to make the farming sector greener, more competitive, and better positioned in international markets.
AI reshaping new generation of workers
Vietnam’s labour market is hurtling toward a massive shake-up as artificial intelligence (AI) sweeps through every industry, fueled by an aging population and the fading power of cheap labour, igniting urgent need for reforms that can help workers pivot and prosper in the new economy.
