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Update news vietnam economy
The Asian Development Bank (ADB) has raised its 2026 growth forecast for Vietnam to 7.8% following stronger-than-expected economic performance in the first half of this year.
As Vietnam marks 40 years of Doi moi (Renewal), debate continues over the achievements and limitations of its reform process.
Vietnam is projected to become Southeast Asia's second-largest economy by purchasing power parity, but the milestone reflects economic and population scale more than individual prosperity.
GDP for the first 6 months increased by 8.18 percent, the highest level since 2011. But this year's target is 10 percent or higher.
Vietnam’s upgrade from a frontier to a secondary emerging market under FTSE Russell’s classification will officially take effect on September 21, marking a major milestone for the country’s stock market.
Culture can generate significant economic growth only when it is organized as an ecosystem encompassing creativity, technology, businesses, intellectual property, finance, markets and international promotion.
Vietnam needs vast amounts of capital for high-speed rail, power and other infrastructure. Rothschild & Co is offering something beyond its famous name: expertise in structuring and raising global finance.
A company was established in 2019, operated for a few months, issued two or three invoices, and then shut down. The owner, however, did not complete procedures to suspend operations or dissolve the company.
Although the Vietnamese economy is maintaining a positive trend, experts held that now is the time to accelerate and make breakthroughs to achieve the targets set for 2026.
From a GDP share of only nearly one-eighth of the Philippines in 1990, Vietnam has risen to surpass it, closing in on Thailand and narrowing the income gap with Indonesia.
After 40 years of Doi Moi (renovation), Vietnam has transformed from a planned, subsidized and closed economy to a dynamic, deeply integrated market economy with an increasingly elevated international standing.
More than eight decades since the National Day on September 2, 1945, Vietnam stands before a major development ambition: moving faster to narrow the gap with advanced nations.
Vietnam’s economy showed strong signs of acceleration in the third quarter, creating greater room for expansion in the final months of the year.
A government can regulate better without regulating more. For Vietnam, that principle could be central to building a more stable, predictable and business-friendly institutional framework.
Vietnam’s domestic consumption continued to expand strongly in the first eight months of 2026, while tourism maintained its robust recovery momentum, according to the National Statistics Office under the Ministry of Finance.
Vietnam has maintained average annual GDP growth of 6.4 percent, twice the global average. To achieve its goal of becoming a high-income country, it will need new growth drivers.
National Assembly deputy Be Trung Anh says ethnic minority intellectuals should not simply “leave the mountains,” but help pave the way for mountainous communities to develop alongside the rest of the country.
From an economy barely one-eighth the size of the Philippines in 1990, Vietnam has surged ahead of its regional peer, moved closer to Thailand and narrowed its income gap with Indonesia. Yet the journey toward high-income status remains challenging.
Vietnam’s exports rose 22.4% in the first eight months of 2026, but a 35.3% jump in imports turned last year’s trade surplus into a $20.46 billion deficit.
The 2025-2026 period has marked an important transformation for Vietnam, with major breakthroughs in institutions, infrastructure, the economy and society.