vietnam economy

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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.

More momentum needed for economic growth in year-end race

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.

VN’s GDP overtakes Philippines, closes in on Thailand as income nears Indonesia

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.

Forty years of Doi Moi: from subsidy to global prominence

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.

Vietnam’s 10% growth target: unlocking new development engines

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 gathers pace, bolstering double-digit growth prospects

Vietnam’s economy showed strong signs of acceleration in the third quarter, creating greater room for expansion in the final months of the year.

Institutional reform begins with how Vietnam makes policy

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.

Domestic consumption up over 13%, tourism continues strong growth

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.

After 70-fold expansion, Vietnam needs new drivers for high-income goal

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.

Turning ethnic minority knowledge into a force for development

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.

Vietnam’s GDP surpasses Philippines, closes in on Thailand

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 eight-month trade hits record $770 billion

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.

Vietnam’s year of change: Major milestones from 2025 to 2026

The 2025-2026 period has marked an important transformation for Vietnam, with major breakthroughs in institutions, infrastructure, the economy and society.