Vietnam’s economy is forecast to exceed 505 billion USD by the end of 2025, placing the country among the world’s 30 largest economies, according to projections by the World Bank.
In an interview granted to the Vietnam News Agency on the occasion of the 80th anniversary of the National Day (September 2, 1945 – 2025), the WB official said Vietnam’s progress since the “Doi moi” (renewal) process in 1986 is one of the world’s most remarkable development stories - from one of the poorest in the world to a vibrant middle-income economy in under four decades.
Recent developments in Vietnam’s stock market reflect more than investor enthusiasm. Surging capital inflows signal broader economic ambitions and ongoing reforms designed to advance the country’s capital market to a new height.
Prime Minister Pham Minh Chinh has announced the completion of the nationwide campaign to do away with temporary and dilapidated housing, describing it as a special national project embodying the Party’s will and people’s hearts.
Despite significant global challenges, Vietnam has achieved remarkable economic progress in recent years, the Asian Development Bank (ADB)'s Country Director for Vietnam Shantanu Chakraborty has said.
Present in Vietnam since 1994, AFD has accompanied the country for 31 years. As France’s bilateral development bank, together with its affiliates Proparco and Expertise France, AFD has committed a total of 3.2 billion EUR (around 3.73 billion USD) in support of Vietnam.
Vietnam is emerging as a safe and attractive destination with great potential to attract travellers shifting from regional markets. However, to turn short-term advantages into long-term momentum, the country’s tourism sector needs decisive action – not only to attract and retain visitors, but also to affirm its position on the global tourism map.
The Government held a grand ceremony in Hanoi on August 20, to celebrate its 80th founding anniversary (August 28, 1945–2025), marking its first dedicated anniversary event.
The exhibition “80 Years of Independence – Freedom – Happiness” will take place from August 28 to September 5 at the National Exhibition Center in Dong Anh, Hanoi. To support visitors to the exhibition, the municipal transport sector plans to operate nearly 900 daily bus trips daily on 20 routes connecting with the center.
Experts and foreign business leaders have expressed optimism that Vietnam’s recent changes to visa and foreign labour policies will enhance the country’s competitiveness and attract greater investment, while acknowledging that certain challenges remain.
The event will be held at the National Exposition Centre as the main venue, connected with 79 other sites across the 34 provinces and cities via teleconferencing.
A business networking seminar to promote Vietnamese rice products was held in Hong Kong (China) on August 15, attracting the participation of about 40 major Vietnamese rice and agricultural exporters along with representatives of rice trading enterprises in the Hong Kong Special Administrative Region.
A cultural extravaganza titled “Tu hao la nguoi Viet Nam” (Proud to be Vietnamese) in Hanoi on August 17 evening fostered deep gratitude to the Party, President Ho Chi minh, and generations of leaders, compatriots, and soldiers who sacrificed their lives for national independence and reunification