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Update news vietnam economy
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 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 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.
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.
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.
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%.
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 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.
The Vietnamese government has issued Resolution 169, setting economic growth targets for localities in 2026 and throughout the 2026-2030 period.
Vietnam is positioning itself as one of the promising markets among emerging economies in 2026, attracting growing interest from international investors as global capital shifts toward economies with strong fundamentals.
The PM on June 24 signed a decision approving the master programme on collective economy development for 2026-2030.
Alongside investment resources, Vietnam needs more flexible mechanisms that encourage innovation, risk-taking and talent attraction to drive breakthroughs in strategic technologies, in line with the Politburo’s Resolution 57.
Exports will remain a key driver of Vietnam’s ambition to achieve double-digit economic growth in the coming years, officials and industry representatives said at a conference held by the Ministry of Industry and Trade in Hanoi on June 25.
Pioneering models like Sok Farm are shifting the narrative from low-value raw production to organic global e-commerce. They prove that with the right approach, the Mekong can turn local resources into true prosperity.
The robust growth of the marine economy has created significant opportunities for Vietnam while at the same time posing major challenges to marine environment protection.
Against a backdrop of escalating office fit-out expenses across the Asia Pacific region, Vietnam stands out as one of the most economically viable markets, offering an appealing balance of quality and cost efficiency.
Business sentiment in Vietnam is rebounding strongly despite a challenging operating environment marked by rising costs and growing global uncertainties, including prolonged geopolitical tensions and trade-related pressures.
Despite generating 58 percent of national forex surplus, the Mekong Delta faces a downward spiral. A severe shortage of medium enterprises and a massive youth brain drain are stripping this fertile land of its competitive edge.