Vietnam has emerged as a “bright spot” by absorbing a large share of young workforce through export-oriented manufacturing and deeper integration into global supply chains, according to Japan’s Nikkei newspaper.

Prime Minister Pham Minh Chinh stressed the steadfastness in the double-digit growth target while chairing the Government’s regular meeting for March and the Government-to-locality teleconference reviewing the first-quarter performance on April 4.

The solid start to the year provides a foundation to achieve full-year growth target even as global uncertainties loom, including the Middle East tension.

Total export and import turnover reached 249.5 billion USD during the first quarter of 2026, up 23% from a year earlier, the National Statistics Office (NSO) under the Ministry of Finance reported on April 4.

Double-digit growth is only feasible when institutional reform becomes the central engine, with procedures substantially cut, officials who dare to act protected, and a legal environment transparent enough for businesses to invest boldly.

Growth in the coming period is no longer just about setting ambitious targets. It is about how those targets are pursued - through disciplined, consistent and effective implementation of development principles.

Soaring oil prices drove up fuel, transportation and logistics expenses, with nearly half of surveyed firms reporting higher input costs – the sharpest increase since April 2022.

Global geopolitical turbulence is an enduring feature of the modern world. Yet for Vietnam, a confluence of favourable conditions and untapped potential is emerging, opening the door to sustained, high-quality growth.

Experts urge mechanisms to redirect vast idle capital in households into business and investment to boost growth.

Vietnam continues to rank among the fastest-growing economies in the Southeast Asia-6 group, alongside Thailand, the Philippines, Indonesia, Malaysia and Singapore, with strong growth expected to continue into 2026.

The business community will play a leading role in driving double-digit economic growth in 2026 and the following years, Prime Minister Pham Minh Chinh told a conference in Hanoi on March 27.

In a volatile world, Vietnam’s long-term resilience depends on strengthening internal capacity, with technology, innovation and institutional reform at the core of sustainable growth.

Vietnamese enterprises is seeking measures to remain resilient while identifying strategic pathways for sustainable growth in an evolving global trade landscape.

Vietnam is shifting toward a development model where happiness becomes a core measure alongside economic growth.

Vietnamese businesses face rising risks as supply chains shift from efficiency to security in a fragmented global economy.

Vietnam’s economy shows strong macro growth, but businesses and consumers remain cautious, reflecting a two-speed dynamic.

As fuel prices continue to rise, their impact is becoming increasingly visible in everyday life, from smaller breakfast portions to mounting pressure across supply chains.

Requirements to control credit and maintain credit growth discipline are reminders that the flow of capital in the economy needs careful regulation.

According to the Ministry of Finance (MoF), 34 localities nationwide have completed the arrangement and handling of state-owned housing and land after restructuring under their management.

Following Resolution 68, the private sector was for the first time identified as "a most important driver" of the economy. Then, Resolution 79 was issued, reaffirming the "primary, pioneering, creating, and guiding role" of the state economic sector.