Policies in Action - Happy Vietnam

Ho Chi Minh City targets third-quarter growth of over 11%

Ho Chi Minh City will continue to implement drastic measures to achieve double-digit growth, targeting GRDP growth of at least 11.07% in the third quarter of 2026, 9.43% in the first nine months and 12.3% in the fourth quarter, with a view to completing the full-year goal of 10% or more.

Domestic consumption up over 13%, tourism continues strong growth

PM calls for proactive, creative, flexible measures to achieve set targets

Vietnam’s journey from independence to development

Ho Chi Minh City sets 9.5 bln USD infrastructure push for National Day

Regional minimum wage up 7.2% from January 1, 2026

From January 1, 2026, Vietnam’s regional minimum wage will rise by an average of 7.2%, with monthly wage increases of 250,000–350,000 VND (9.48–13.27 USD), under Government Decree No. 293/2025/ND-CP.

Innovation – Driver for new development phase

Innovation has been affirmed as a key driver and powerful strong lever for economic growth as Vietnam enters a new development phase marked by transformation.

China – Vietnam freight train volume hits record

Cargo on this route currently accounts for 73% of the total volume exported to Vietnam by rail and 86% of the container volume shipped by this means of transport, up 5 percentage points and 2 percentage points from 2024, respectively.

Nationwide drive delivers breakthrough in eliminating substandard houses in 2025

Barely over a year since its launch, Vietnam’s movement to eliminate makeshift and dilapidated houses has exceeded expectations, mobilising over 24.7 trillion VND (nearly 937 million USD) and millions of workdays to complete more than 334,000 homes nationwide, achieving its national target months ahead of schedule.

Khanh Hoa steps up efforts to lift “yellow card” on illegal fishing

After eight years under the European Commission’s “yellow card” warning over illegal, unreported and unregulated (IUU) fishing, the south-central coastal province of Khanh Hoa has intensified fisheries management measures, helping reduce violations and raise fishermen’s compliance, as Vietnam works towards sustainable and responsible fishing.

Social housing: From "bottleneck” into market’s bright spot

Following years of slow progress, Vietnam’s social housing sector rebounded strongly in 2025, achieving an estimated 102,146 units nationwide, 102% of the annual target, thanks to decisive Government action, transforming social housing from a long-standing “bottleneck” into one of the market’s brightest spots.

Vietnam continues to ensure all human rights for everyone: ambassador

During the 2023–2025 term, the participation of Vietnam’s Permanent Mission in Geneva at the UN Human Rights Council was guided by a consistent approach: constructive engagement, coherence, and keeping the council focused on practical solutions that improve people’s lives.

Foreign Minister touts 2025 diplomatic wins, maps out ambitious agenda

Vietnam's external affairs produced important and substantive results across bilateral and multilateral aspects and in various areas in 2025, said Minister of Foreign Affairs Le Hoai Trung.

Anti-corruption, waste prevention efforts deliver tangible results in 2025

In 2025, Vietnam’s anti-corruption, waste and misconduct prevention efforts were implemented in a strong, comprehensive and sustained manner, marked by new, practical approaches that delivered clear and measurable results.

Objectives of Vietnam’s sci-tech, innovation strategy reachable: Israeli expert

Vietnam is aiming to become a high-tech economy with the STI pillars identified as the enablers, and the local conditions enable their rapid development, said an Israeli expert.

Resolution 57: Vietnam posts strong gains in science, technology, innovation and digital transformation in 2025

By the end of 2025, Vietnam has made significant strides in science, technology, innovation, and digital transformation. Strong growth in digital infrastructure, expansion of online public services, and a thriving technology enterprise ecosystem have strengthened the country’s innovation capacity, while investments in research and training infrastructure support continued advancements. These efforts are reflected in Vietnam maintaining 44th place out of 139 in the Global Innovation Index.

Thorough preparations underway for 80th anniversary of Vietnam’s first general election

Standing Vice Chairman of the National Assembly (NA) Do Van Chien said all preparatory work must be carried out with urgency and solemnity.

Resolution 57: Party chief’s conclusion on science-technology, innovation, digital transformation announced

After one year, both awareness and action across the political system have improved, underscoring the Resolution’s timeliness and effectiveness in removing bottlenecks and driving development.

Key achievements of “For the Poor – Leaving No One Behind” emulation movement

The 2021–2025 “For the Poor – Leaving No One Behind” emulation movement has generated strong momentum across society, empowering people as central actors in sustainable poverty reduction, raising awareness and responsibility among authorities, sectors and the public, and fostering solidarity, compassion and the determination of disadvantaged groups to improve their livelihoods.

Vietnam affirms strong position, distinctive contributions at UNESCO

Beyond heritage and culture, Vietnam has increasingly demonstrated its role as an active, responsible and proactive member contributing to UNESCO’s policy-shaping processes, thereby enhancing national prestige and promoting humanistic and peace-loving values on the global stage, Ambassador Nguyen Thi Van Anh, Permanent Representative of Vietnam to UNESCO, told Vietnam News Agency correspondents in Paris.

Vietnam's retail market hits 269 bln USD as e-commerce booms: report

Modern retail infrastructure in Vietnam grew substantially, reaching 1,293 supermarkets and 276 shopping malls nationwide, complemented by 8,274 traditional markets. The expansion has transformed urban economy and driven a consumer shift toward modern retail formats.

PM urges completion of “Quang Trung Campaign” ahead of 14th National Party Congress

Prime Minister Pham Minh Chinh on December 30 chaired a review conference on the rapid “Quang Trung Campaign” to rebuild and repair homes damaged by storms and floods in central Vietnam, calling for the campaign’s completion by mid-January 2026 in celebration of the upcoming 14th National Party Congress.

Credit growth nears 18% in 2025: central bank

At a press conference on banking sector performance in 2025 and tasks for 2026, held in Hanoi on December 29, SBV Deputy Governor Pham Thanh Ha said that as of December 24, 2025, total outstanding credit to the economy exceeded 18.4 quadrillion VND (about 670 billion USD), up 17.87% compared to the end of 2024.

New-style rural building drive delivers strong results nationwide

The “new-style rural area building” emulation movement for the 2021–2025 period delivered key achievements nationwide, contributing to a fundamental transformation of rural landscapes, improved living standards, and progress in agricultural restructuring, rural economic development aligned with urbanisation, environmental protection, and the preservation of traditional cultural values.

Key economic policies taking effect in January 2026

A wide range of new economic policies and legal provisions will come into force in January 2026, covering taxation, advertising, land use, minimum wages, public finance, railways, technology transfer and statistics, among others.