vietnam economy

Update news vietnam economy

Institutional reform recognised as key driver of Vietnam's economic growth

Vietnam has issued a lot of strategic policies and mechanisms, which are expected to help it continue pursuing the economic growth target of at least 8% this year.

UOB: Vietnamese firms remain optimistic about business prospect

According to UOB, following the US’s announcement of reciprocal tariffs of 46% on Vietnamese goods on April 2, around 80% of Vietnamese businesses have proactively taken measures to respond to potential impacts.

Credit booms, public investment stalls: Can Vietnam sustain high growth?

Vietnam’s aggressive credit expansion is clashing with slow public spending and poses systemic risks without policy alignment.

Vietnam’s economy echoes past risks amid soaring credit ratio

As credit dependency reaches 134% of GDP, concerns resurface over policy imbalances and macroeconomic stability.

Avoiding criminalization of economic, civil relations: immediate action needed

To reduce criminalization, the number of business conditions must be cut. Removing just one conditional business field can eliminate many restrictive regulations or procedures, experts say.

PM demands prompt responses to businesses’ requests, difficulties

Institutional bottlenecks, frankly, are numerous, both in quantity and impact on the business environment.

OECD Economic Surveys: Vietnam 2025 report released

The Ministry of Foreign Affairs (MoFA), in collaboration with the Ministry of Finance and the Organisation for Economic Co-operation and Development (OECD), on June 20 held a seminar to launch the OECD Economic Surveys: Vietnam 2025 report.

Which province is now the largest, smallest, richest in Vietnam?

After merging 34 provinces, Vietnam unveils new leaders in area, population, and average income.

Three-tier government and province mergers mark Vietnam’s reform era

Vietnam launches an ambitious national reform, merging provinces and adopting a streamlined three-tier governance system.

Vietnam’s economy sees positive signals in five months

Despite challenges, Vietnam recorded positive econnomic signals during the first five months of 2025 as the Government stays steadfast in the growth target of over 8% this year and double-digit expansion beyond.

Electronic taxation: will revenue cover the costs?

Two million Vietnamese business households with an annual revenue of less than VND1 billion will enter a new period from January 1, 2026 when the electronic invoice policy takes effect.

Vietnam's GDP forecast lowered amid global policy uncertainty

The Organisation for Economic Co-operation and Development (OECD) forecasts Vietnam’s economic growth at 6.2% this year and 6% next year.

Vietnam sees 11.3% rise in new, reactivated businesses in five months

Vietnam saw nearly 111,800 newly established and reactivated enterprises in the first five months of 2025, reflecting an 11.3% year-on-year increase, according to the National Statistics Office (NSO).

Vietnam's economy on a roll, but experts warn of inflation, FDI overdependence

All major economic indicators in the first five months of 2025 point to a robust and broad-based recovery, aligning with the Vietnamese Government’s ambitious target of 8% annual GDP growth.

Criminal prosecution of entrepreneurs and a civilized approach

The Politburo’s Resolution 68, signed by General Secretary To Lam on May 5, sends a strong commitment from the Party to turn the private economic sector into the most critical driver of the national economy.

Private economy: from removing barriers to unleashing potential

Economists all agree that there are no reliable statistics about the size of the private economic sector and call this a ‘gray area’ in statistical work that needs to be clarified.

E-invoicing rollout in Vietnam stirs deep concerns for small business owners

From tech-savvy retirees to market vendors, many are struggling to adapt to new tax rules.

Big push for Vietnam to escape middle-income trap: Int'l institutions

The World Bank (WB) has urged Vietnam to take urgent action to adapt to climate change, in addition to its policy recommendations to improve public investment efficiency, strengthen accountability, and enhance the legal framework.

Economists urge breaking ‘ice wall’ to pave way for private sector to thrive

If Resolution 68 can be implemented effectively, this could mark a pivotal turning point, the third breakthrough in the history of the private sector's development in Vietnam, according to National Assembly Deputy Phan Duc Hieu.

A call to scrap Vietnam's tangled investment approval system

Cumbersome processes and administrative gridlock have blocked USD 235 billion worth of investment projects across Vietnam.