Vietnam Economy

Update news Vietnam Economy

How Vietnam's smaller provinces can sustain double-digit economic growth

For Vietnam's smaller provinces, achieving 10% economic growth may seem easier on paper, but sustaining that pace requires an expanding pool of businesses, productive investment and new sources of value that can grow year after year.

Vietnam's GDP grows 9.01%, nearly triple global forecast

VN's economy expanded 9.01% in the first 9 months of 2026, far outpacing the 2.9% global growth forecast for the year. Reaching its full-year target of at least 10% will require a strong final quarter, with public investment playing a crucial role.

Low costs no longer an advantage, enterprises examine other ways to compete

Cost advantages for Vietnamese enterprises no longer hold as they did before. So, how will businesses compete over the next three to five years?

WB raises Vietnam’s 2026 growth forecast to 7.4% on strong AI-related exports

The World Bank has raised its forecast for Vietnam’s economic growth in 2026 by 1.1 percentage points to 7.4%, citing stronger-than-expected manufacturing and exports of high-tech and artificial intelligence (AI)-related goods. 

Vietnam calls for stronger int'l cooperation to drive sustainable development

Vietnam has called for stronger global partnerships to support developing countries and create new momentum for sustainable development, stressing the need for an open, fair and inclusive international financial architecture.

Vietnam posts GDP growth of 9.95% in Q3

Vietnam’s gross domestic product (GDP) grew an estimated 9.95% year-on-year in the third quarter of 2026. This was up from 8.15% in the first quarter and 8.81% in the second, National Statistics Office Director Nguyen Thi Huong said on October 3.

Vietnam GDP grows 9.01% in nine months as inflation rises 4.52%

Vietnam’s economy expanded 9.01% year on year in the first nine months of 2026, while consumer prices rose 4.52% and core inflation increased 4.26%, providing momentum as the country pursues double-digit growth for the full year.

Vietnam PM urges localities to contribute more to national growth

Prime Minister Le Minh Hung has called on local governments, particularly major economic hubs, to make concrete commitments and contribute more to Vietnam's growth as the country enters the final three months of 2026.

Vietnam weighs fuel pricing reform amid fears of market dominance

Vietnam's plan to let fuel companies set their own prices could give consumers more choice and spur competition, but experts warn that major wholesalers could gain excessive market power without effective oversight.

Vietnam sets out seven strategic priorities to strengthen supporting industries

Vietnam needs to rapidly strengthen its manufacturing and technological capabilities to meet its high growth targets for 2026-2030, with supporting industries seen as a foundation of national industrial capacity.

Vietnam’s manufacturing, labour market show positive signs

International organisations and media outlets have noted positive signs in Vietnam’s manufacturing sector, alongside rising recruitment demand as artificial intelligence (AI) reshapes employment trends.

Vietnam sees high growth prospects

Vietnam’s economy is entering the final months of 2026 with a solid growth foundation, supported by strong production, consumption, exports and investment.

ADB raises Vietnam's 2026 growth forecast to 7.8%

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.

40 years of “Doi moi” – Historical facts and figures that speak for themselves

As Vietnam marks 40 years of Doi moi (Renewal), debate continues over the achievements and limitations of its reform process.

Vietnam's $2 trillion PPP economy tells only part of the story

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.

What will be the drivers stimulating a targeted 10 percent growth rate?

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.

VN takes steps to maintain, leverage opportunities from emerging market status

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.

Vietnam looks to culture as a new engine of economic growth

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.

How Rothschild & Co could help Vietnam fund its infrastructure ambitions

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.

Failed business owners need a proper way to shut down and start over

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.