ADB raises Vietnam's 2026 growth forecast to 7.8%
ADB has raised Vietnam’s growth forecast to 7.8% in 2026, from 7.2% in its July update, while raising its 2027 projection from 7.0% to 7.6%.
Trade promotion: Driving Vietnamese products further afield
Hoang Minh Chien, Deputy Director of the Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade, said trade promotion activities are undergoing a significant shift from broad-based support to more in-depth assistance, with enhancing business competitiveness at the core.
Vietnam–Singapore QR payment link expands ASEAN’s digital economy infrastructure
According to the Vietnam National Authority of Tourism, the country welcomed around 10.6 million international visitors in the first five months of 2026, up nearly 15% year on year and the highest figure recorded in many years. Singapore remained one of Vietnam’s fastest-growing source markets during the period.
World Bank upgrades Vietnam to upper-middle-income status
According to the World Bank’s latest update released on July 1, Vietnam’s gross national income (GNI) per capita reached 4,970 USD in 2025, exceeding the institution’s 4,636 USD threshold for upper-middle-income economies.
Top leader attends ceremony marking 50 years of Saigon-Gia Dinh bearing late President’s name
Ho Chi Minh City has every reason to take pride in its remarkable achievements over the past half-century. From a war-ravaged urban centre facing enormous post-war difficulties, it gradually restored production, stabilised people's livelihoods, consolidated the achievements of the revolution, built an effective system of governance, and safeguarded national defence and security, thereby laying a solid foundation for long-term development.
Politburo sets six priorities for implementing Resolution No. 57
After 18 months of implementing Resolution No. 57, ministries, sectors and localities have adopted innovative and effective approaches that have generated positive momentum, while winning broad support from businesses, the scientific community and the public for policies on science, technology, innovation and digital transformation.
Localities propose reforms to improve three-tier administration model
A Hanoi official called for further decentralisation to commune-level authorities in line with resource allocation, continued streamlining of organisational structures to eliminate unnecessary intermediary layers, further refining the Party organisations’ model to align with the state administrative system, greater autonomy for non-business public service units, and wider participation of businesses and social organisations in delivering suitable public services.
New administrative system must deliver new governance capacity: Top leader
The Party and State leader described the restructuring as a broad, complex and far-reaching reform affecting almost every agency and public servant from the central to grassroots levels. While praising the significant initial achievements, he stressed that the results marked only the beginning and warned against complacency.
Ho Chi Minh City launches eight key projects worth 9.6 bln USD
According to the municipal People's Committee, the projects are financed through a combination of public investment, public-private partnerships (PPP) and private capital, reflecting the Government's policy of promoting private sector development.
Deputy PM calls for continued governance reform to enhance administrative efficiency
Deputy Prime Minister Pham Thi Thanh Tra, the three-tier admistration model has opened up a new development space and strategic vision for national development in the new era, while bringing important changes in awareness, leadership methods, governance approaches, operational mechanisms and implementation capacity.
One year on, Vietnam's three-tier administration model delivers major governance gains
Nguyen Duy Ngoc, Politburo member, Secretary of the Party Central Committee, Chairman of its Organisation Commission and head of the steering committee for the review, said the reform has marked a qualitative shift in national governance towards a more modern, efficient and service-oriented administration.
Vietnam officially launches national agricultural traceability system
The Ministry of Agriculture and Environment on June 30 officially launched Vietnam’s Agricultural Product Traceability System following the successful completion of its pilot phase.
Ho Chi Minh City targets digital transformation for 100,000 SMEs by 2030
The project, jointly launched by the municipal Department of Science and Technology and the Ho Chi Minh City Computer Association (HCA), will be implemented based on the Digital Business Index (DBI), with 200 outstanding enterprises selected as pilot models for wider replication.
Ho Chi Minh City advances toward global metropolis after 50-year pioneering development
Ho Chi Minh City’s transformation has been shaped by its willingness to pioneer bold reforms and test new development models.
Vietnam Financial Forum 2026 to be held in Da Nang this July
The high-level forum will serve as a platform for in-depth discussions on key issues shaping Vietnam's financial sector, including capital market modernisation, digital finance, financial infrastructure, sustainable investment and venture capital.
Moving universities out of Hanoi creates services, jobs issues
Under Hanoi's planning guidelines, universities are to gradually relocate to areas such as Hoa Lac, Xuan Mai and Son Tay, where land is plentiful and long-term development is feasible.
Hanoi ready to implement Capital Law 2026, unlocking new development momentum
The effectiveness of the Capital Law 2026 will be measured not by the number of legal documents issued but by tangible improvements in governance and public administration, better services for people and businesses, faster administrative procedures, stronger investment attraction and higher economic growth.
Hanoi unveils 276 investment projects under 100-year development vision
According to the municipal People's Committee, Hanoi's investment attraction strategy is shifting from prioritising capital volume to focusing on investment quality. In the coming period, the city will seek strategic investors capable of driving growth through high-value projects in semiconductors, integrated circuit design, artificial intelligence (AI), big data, biotechnology, new materials, research and development (R&D), innovation centres, modern logistics, green finance, financial technology (fintech), education and training, and specialised healthcare.
Leaner organisation, sharper governance create new growth drivers
One year after the implementation of the two-tier local administration model, Vietnamese localities are entering a phase focused on improving governance quality, utilising resources, and translating institutional changes into substantive development momentum.
New cave discovered in Phong Nha - Ke Bang
A newly discovered cave in Phong Nha - Ke Bang National Park in the central province of Quang Tri stretches around 3 kilometres and features a spectacular system of stalactites along with numerous clusters of unusually large and rare cave pearls.
Quy Nhon named among world's top 25 beach destinations for 2026
Renowned travel publication Lonely Planet has named Quy Nhon in Gia Lai province among its 25 Best Destinations for 2026, making it the only Vietnamese destination on the list. The coastal city was recognised as an ideal destination for beach holidays and coastal exploration.
