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Update news vietnam economy
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.
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.
Vietnam’s aggressive credit expansion is clashing with slow public spending and poses systemic risks without policy alignment.
As credit dependency reaches 134% of GDP, concerns resurface over policy imbalances and macroeconomic stability.
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.
Institutional bottlenecks, frankly, are numerous, both in quantity and impact on the business environment.
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.
After merging 34 provinces, Vietnam unveils new leaders in area, population, and average income.
Vietnam launches an ambitious national reform, merging provinces and adopting a streamlined three-tier governance system.
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.
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.
The Organisation for Economic Co-operation and Development (OECD) forecasts Vietnam’s economic growth at 6.2% this year and 6% next year.
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).
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.
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.
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.
From tech-savvy retirees to market vendors, many are struggling to adapt to new tax rules.
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.
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.
Cumbersome processes and administrative gridlock have blocked USD 235 billion worth of investment projects across Vietnam.