Vietnam is focusing on promoting the collective economy and the One Commune One Product (OCOP) programme during 2026–2030.

Resolution 10 marks a new phase in Vietnam's FDI strategy, emphasizing technology transfer, local supply chains and stronger links between foreign investors and domestic firms.

Vietnam is projected to remain the fastest-growing economy in Southeast Asia, with the ADB maintaining its growth forecasts of 7.2% for 2026 and 7.0% for 2027 in its Asian Development Outlook (ADO) July 2026 released on July 8.

Instead of concentrating mainly on attracting foreign capital, Resolution No. 10-NQ/TW emphasises building a foreign-invested sector that is closely integrated with the domestic sector to create new growth drivers for the country.

Singapore-based United Overseas Bank (UOB) has sharply raised its forecast for Vietnam's 2026 GDP growth to 8.5%, more than reversing the previous downgrade to 7%.

Vietnamese businesses are calling for faster reforms, warning that labor shortages and policy implementation bottlenecks must be resolved if the country is to achieve sustained double-digit economic growth.

Da Nang is removing long-standing investment bottlenecks while building new growth engines as it pursues annual economic growth of at least 11% through 2030.

As Vietnam accelerates infrastructure investment, the challenge is no longer what to build, but where each project fits within the country's broader development strategy.

According to the WB, this performance was driven primarily by a robust recovery in exports, which expanded by more than 15% during 2024–2025, and by the country’s ability to sustain strong GDP growth of 7% and 8% in two consecutive years.

Vietnam’s exports ballooned more than 20% in the first half, driving total trade toward the 550 billion USD threshold. Yet, the trade balance swung to a deficit exceeding 16.65 billion USD after a multi-year run of surpluses.

Vietnam is entering a new phase in attracting foreign direct investment (FDI) with a double challenge - securing larger capital inflows while ensuring that new projects deliver higher technological value.

Vietnam’s total import-export turnover in June reached 104.22 billion USD, up 5.2% month-on-month and 36.3% year-on-year, according to a socio-economic report for the second quarter and first half of 2026 released by the National Statistics Office.

Vietnam's retail and consumer service sector maintained strong momentum in the first half of 2026, with total retail sales of goods and consumer service revenue rising 12.9% year-on-year.

The PM reaffirmed the Government's determination to achieve double-digit economic growth in 2026 and the 2026–2030 period while maintaining macroeconomic stability, keeping inflation under control and safeguarding the economy's major balances.

A new World Bank classification marks a major milestone for Vietnam. The country's next economic goal is escaping the middle-income trap and joining the world's high-income economies.

Vietnam has officially joined the World Bank's upper-middle-income group, marking a major milestone after nearly four decades of economic reforms and opening a new chapter in its journey toward becoming a high-income economy by 2045.

The World Bank (WB) has classified Vietnam as an upper-middle-income economy after the country's gross national income (GNI) per capita rose to US$4,970 in 2025.

Vietnam's economy maintained solid growth momentum in the first half of 2026, with gross domestic product (GDP) expanding by 8.18%, while average inflation, measured by the consumer price index (CPI), rose 4.38%.

Vietnam's decades-long growth model delivered remarkable success. But as global competition changes, the country now faces a more fundamental challenge - creating its own competitive advantage.