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Vietnam’s economy is expected to be worth US$500 billion next year to rank fourth largest in Southeast Asia, Prime Minister Pham Minh Chinh has said. It grew from $346 billion in 2020 to $433 billion last year, and the GDP is set to expand by 7% this year, exceeding lawmakers’ target of 6.5%, he said […]

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The improvements in Vietnam’s economic freedom score and ranking reflect the government’s timely adjustments to economic policies.   Vietnam has entered the Top 100 countries and territories with the highest Economic Freedom Index in the world, ranking 99th, according to the 2024 Annual Report: Economic Freedom of the World, released on October 16 by the […]

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With the development of the high-speed North-South railway project, the focus has turned to training a local workforce to minimize dependence on foreign expertise in express rail operations, an official said.   A high-speed train in Europe. Photo by VnExpress/Anh Duy Vu Hong Phuong, director of the Railway Project Management Unit, the Ministry of Transport […]

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The U.S. dollar gained against the Vietnamese dong Friday morning while heading for its third weekly gain in a row globally.   An employee counts U.S. banknotes at a bank in Ho Chi Minh City. Photo by VnExpress/Thanh Tung Vietcombank sold the dollar at VND25,400, up 0.12% from Thursday. The greenback held firm at VND25,360 […]

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Vietnam and Japan have become important economic partners.   Minister of Planning and Investment Nguyen Chi Dung leads the working group. Photo: VGP A coordinating working group to accelerate key economic cooperation projects between Vietnam and Japan has been established under a prime ministerial decision signed by Deputy Prime Minister Bui Thanh Son on October […]

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The city targets to increase the usage of digital platforms by SMEs to a minimum of 60% by 2025.   Some 2,000 small- and medium-enterprises (SMEs) in Ho Chi Minh City will get support in digital transformation through 2025. The plan is aimed at creating new values for enterprises while contributing to boosting the city’s […]

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