vietnam economy

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VN economy in 2024: Challenges, breakthroughs, and billion-dollar investments

2024 was a year of contrasts for Vietnam’s economy, from sluggish real estate recovery to billion-dollar investments by firms like NVIDIA and Foxconn.

The fight against land waste: Reforming Vietnam's management systems

Land resource waste has plagued Vietnam for decades, rooted in ineffective management and systemic inefficiencies. Addressing this issue is crucial for sustainable development.

To avoid falling behind, VN should shift to 'developing to become stable'

For many years, Vietnam has been following a ‘stabilizing in order to develop’ approach and has succeeded, but it is now time to switch to ‘developing in order to become stable’.

Embracing transformative governance to unlock Vietnam's potential

On the 27th anniversary of VietNamNet, founding editor-in-chief Nguyen Anh Tuan discusses the publication’s legacy, the need for transformative governance, and the role of innovation in shaping Vietnam’s future.

Vietnam braces for global economic shifts under Trump’s second term

The global economy in 2025 faces uncertainty under Trump’s policies, with inflation risks, surging gold prices, and potential economic bubbles.

Vietnam should tap domestic market for economic growth: insiders

Vietnam's domestic market still holds significant untapped potential, and stimulating domestic consumption is a vital strategy to drive economic growth in the near future, according to economic experts.

Vietnam’s GDP growth poised for robust growth in 2024: officials

Recent legislative changes, a breakthrough mindset to remove bottlenecks and simplify administrative procedures for investors, will take effect in early 2025, potentially unleashing long-blocked resource potentials, he stressed.

Experts predict double-digit growth for Vietnam as reforms take root

Vietnam’s ambitious efforts to streamline its government apparatus and reform institutions are setting the stage for robust economic growth in 2025 and beyond.

Two-digit growth realistic, and on the horizon for Vietnam: experts

Vietnam’s economic landscape is poised for robust growth, with experts forecasting the possibility of a remarkable two-digit expansion in the coming time, driven by foreign direct investment (FDI) and technological advancements.

FDI remains vital contributor to boost economic growth

Foreign direct investment (FDI) remains one of the most vital drivers of national economic growth, recording remarkable results in 2024.

Vietnam's poverty reduction model and its 'not going alone' strategy: expert

Vietnam is a success story in hunger elimination and poverty reduction and is ready to share its experiences. However, Vietnam has not been going alone.

Standard Chartered forecasts Vietnamese GDP growth at 6.7% next year

Standard Chartered highlighted the nation’s positive but cautious outlook ahead in 2025, forecasting GDP growth of 6.7% next year, with growth easing from 7.5% on-year in the first half to 6.1% in the second half.

ADB raises growth forecasts for Vietnam

The Asian Development Bank (ADB) raised its 2024 and 2025 growth forecasts for Vietnam to 6.4% and 6.6% from previous predictions of 6.0% and 6.2%, driven by stronger trade activities and ongoing fiscal stimulus measures.

PM issues directive on accelerating national green growth strategy

Prime Minister Pham Minh Chinh on December 9 issued a directive to push ahead with the implementation of the national green growth strategy for 2021 - 2030 with a vision to 2050, a bold step to deliver on the carbon neutraility target.

Visionary leadership vital for Vietnam to avoid economic stagnation

Despite decades of high growth, Vietnam remains at risk of falling into the middle-income trap, highlighting the need for visionary leadership and innovative policies.

Streamlining governance: Vietnam’s bold reform agenda

General Secretary To Lam and the Party Central Committee are spearheading a groundbreaking initiative to streamline Vietnam’s political apparatus and modernize governance.

Investment or stagnation: Vietnam's high-stakes budget reform

A staggering 70% of Vietnam's state budget is locked in regular expenses, threatening future development. General Secretary To Lam's push for reform seeks to address this financial strain.

Vietnam's era of rising: Strategy, challenges, and leadership

The path forward for Vietnam lies in a new era of growth, driven by unity, strong leadership, and the strategic management of national talent, as outlined by General Secretary To Lam.

Vietnam’s FDI boom under Trump: After SpaceX, what’s next?

Vietnam’s growing appeal as an FDI hub is underscored by Elon Musk’s $1.5 billion SpaceX investment and Trump Organization’s planned real estate venture.

The ‘institutional bottlenecks’ and ‘pressure of reform’

As the Party Secretary General, his speech is a wake-up call that urges people to take actions, an order that must be implemented without any delay, and a flag for us to follow and go ahead.