Vietnam targets cashless payment value reaching 30 times GDP by 2030
To help achieve the goal of maintaining average GDP growth of over 10% annually and increasing the value of cashless transactions to approximately 30 times GDP by 2030, the Government has identified cashless payments not only as a convenient tool but also as a key driver of digital finance development.
Vietnam’s industrial production records strongest five-month growth in four years
Vietnam’s industrial production maintained strong momentum in the first five months of 2026, with the Index of Industrial Production (IIP) rising 9.1% year-on-year, the highest growth rate for the period in the past four years, according to the Ministry of Finance’s National Statistics Office (NSO).
FDI attraction: Time to shift from “red carpet rollout” to long-term partnership
As Vietnam enters a new phase of development driven by ambitions for fast and sustainable growth, the question of attracting foreign direct investment (FDI) is no longer simply about the scale of capital inflows. Increasingly, the focus is turning to the quality of investment, its spillover effects and its ability to strengthen the economy’s intrinsic capabilities.
Vietnam plays key role as discussant at WTO Trade Policy Review session
Ambassador Mai Phan Dung, head of Vietnam’s Permanent Mission in Geneva, delivered remarks on May 27 in his capacity as discussant at Japan’s 16th Trade Policy Review (TPR) session held at the headquarters of the World Trade Organisation (WTO).
Seminar on Vietnamese garment-textile digitalisation, automation solutions to be held
The Vietnam Textile and Apparel Association (VITAS) has announced that its member enterprises are invited to attend a seminar on digitalisation, automation solutions, Fourth Industrial Revolution transformation in the garment sector, scheduled to take place in Hanoi on May 28.
Vietnam, EU promote substantive, effective economic cooperation
Vietnam and the European Union (EU) should further deepen their economic and trade ties in a substantive and effective manner, Vice Chairman of the National Assembly (NA) Nguyen Hong Dien said while receiving a delegation from the European Chamber of Commerce in Vietnam (EuroCham) led by its Chairman Bruno Jaspaert in Hanoi on May 22.
BSR to supply 100,000 cubic metres of E10 petrol monthly
The Petrovietnam Refining and Petrochemical Corporation (BSR), a member of the Vietnam National Industry – Energy Group (Petrovietnam), will produce and distribute between 80,000 and 100,000 cubic metres of E10RON95 biofuel petrol per month to meet growing market demand for E10 fuel during May 2026 and months to come.
Vietnam approves human resources development plan for atomic energy sector
Deputy Prime Minister Ho Quoc Dung has signed Decision No. 893/QD-TTg approving a national scheme on training, capacity building and development of human resources for state management, research and development, technical support and applications in the field of atomic energy.