2024: Cashless payment value 25 times higher than GDP

2024: Cashless payment value 25 times higher than GDP

According to the State Bank of Vietnam, the banking sector’s digital transformation has recently achieved encouraging results, contributing to the overall development of the national economy. In particular, cashless payment activities have been widely implemented and witnessed remarkable growth.
PM arrives in Tallinn, starting official visit to Estonia

PM arrives in Tallinn, starting official visit to Estonia

Prime Minister Pham Minh Chinh, his spouse and a high-ranking Vietnamese delegation arrived at Lennart Meri Tallinn airport in the capital of Tallinn on June 5 morning (local time), starting their three-day official visit to Estonia at the invitation of Estonian Prime Minister Kristen Michal.
Vietnam-Estonia traditional friendship relations

Vietnam-Estonia traditional friendship relations

At the invitation of Prime Minister Kristen Michal, Prime Minister Pham Minh Chinh and his spouse, along with a high-ranking Vietnamese delegation, pay an official visit to Estonia on June 5-7, 2025. This is the first visit to Estonia by a Vietnamese government leader since 1992 – when the two sides established diplomatic ties. Over the past years, the two countries have maintained a sound traditional relationship, actively supporting each other on multilateral forums.
Da Nang International Fireworks Festival 2025

Da Nang International Fireworks Festival 2025

Building on the success of the Da Nang International Fireworks Festival (DIFF) 2024, the DIFF 2025 is taking place from May 31 to July 12 under the theme "Da Nang – New Era," featuring 10 participating teams. This year’s festival is more than just a spectacular showcase of light art; it also holds special significance as it commemorates the 50th anniversary of the city’s liberation, embodying the aspirations for Da Nang’s vibrant and prosperous future.
From a poor country to one of the world's fastest-growing economies

From a poor country to one of the world's fastest-growing economies

50 years since the liberation of the South and national reunification (April 30, 1975 – 2025), Vietnam’s economy has undergone remarkable changes. Its gross domestic product (GDP) per capita skyrocketed from only 232 VND (equivalent to about 80 USD) in 1975 to 4,700 USD in 2024. The GDP soared from 8 billion USD in 1986 to 476.3 billion USD in 2024, or about 59.5 times higher. These indicators reflect the economic development journey that has been making great differences to the country, paving the way for it to enter a new era – the era of the nation’s rise.
Virbrant activities at Southern Fruit Festival 2025

Virbrant activities at Southern Fruit Festival 2025

The 21st Southern Fruit Festival is underway at the Suoi Tien Cultural Tourist Area in Thu Duc City, Ho Chi Minh City. Continuing its mission to honor farmers, this year’s festival, taking place from June 1 to August 31, features a wide range of innovative activities, with a strong focus on celebrating Vietnamese agricultural products in the era of global integration.
Vietnamese doctors perform successful in-utero intervention for Singaporean mother

Vietnamese doctors perform successful in-utero intervention for Singaporean mother

Fetal intervention specialists and pediatric cardiologists from Tu Du Hospital and Children’s Hospital 1 successfully performed a complex in-utero heart procedure on May 28 for a 22-week-old fetus of a Singaporean woman diagnosed with aortic atresia, a severe congenital heart defect. This was the ninth fetal cardiac intervention conducted in Ho Chi Minh City and was considered the most technically challenging to date due to the fetus’s very early gestational age and the critical nature of the condition.
OP-ED: Businesses should shoulder innovation tasks for groundbreaking development

OP-ED: Businesses should shoulder innovation tasks for groundbreaking development

According to the Politburo’s Resolution No. 57-NQ/TW, dated December 22, 2024, on making breakthroughs in the development of science, technology, innovation, and national digital transformation, this is considered a decisive factor in the development of nations. It is seen as a prerequisite and the best opportunity for Vietnam to become prosperous and powerful in the new era of the nation’s rise.
From wood to supercars: A young father's dream

From wood to supercars: A young father's dream

What began as a father’s handmade gift for his toddler has turned into an extraordinary journey of craftsmanship and creativity. Truong Van Dao, a Vietnamese carpenter with a passion for cars, has captivated global audiences by transforming blocks of wood into stunning, fully functional replicas of luxury vehicles — including Lamborghinis, Rolls-Royces, and even tanks. With over 20 wooden builds and a nod from Audi, Dao’s story is a powerful blend of tradition, innovation, and a father’s boundless love.
Key milestones in administrative and organisational restructuring

Key milestones in administrative and organisational restructuring

On May 25, 2025, the Politburo issued Conclusion No. 157-KL/TW on implementing Party resolutions regarding the restructuring of the organisational apparatus and administrative units. New commune-level units are to come into operation from 1 July, with completion targeted by July 15; provincial-level restructuring is to be finalised by August 15.
Comprehensive Partnership between Vietnam and Hungary

Comprehensive Partnership between Vietnam and Hungary

At the invitation of State President Luong Cuong, President of Hungary Sulyok Tamas and his spouse pay visit Vietnam officially from May 27 to 29, 2025. This is the first visit by a Hungarian Head of State in 11 years, coinciding with the 75th anniversary of diplomatic relations between the two countries.