This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
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.
In early 2025, the Lao economy showed signs of recovery amid many challenges and fluctuations in the global economy. In the first quarter of this year, the Lao economy achieved a growth rate of 4.5%. According to the latest report of the Government in May, the country's inflation rate decreased significantly to 8.3% in the month.
The socio-economic situation has improved month by month, with results during the first five months of 2025 outperforming those in the same period last year across all sectors, according to PM Pham Minh Chinh.
In the coming time, Vietnam should enhance public investment disbursement, promoting science and technology, innovation, and digital transformation, especially in the current context, while also boosting exports and expanding markets, improving social welfare, and proactively responding to climate change, storms, and floods.
Looking beyond APEC 2027, Kien Giang envisions Phu Quoc as a strategic coastal city with international appeal, targeting development milestones through 2030, 2050, and even further.
Prime Minister Pham Minh Chinh stressed that science, technology, innovation and digital transformation are the foundation for the country to develop quickly and sustainably.
In the article, Mexican Ambassador to Vietnam Alejandro Negrín Muñoz was quoted as saying that Mexico and Vietnam have many significant similarities. Both countries are emerging middle-sized economies, have influence in the region and are working to reduce poverty and social inequality.
Vietnam places great importance on advancing cooperation with the Greater Bay Area, particularly in the sectors based on Fourth Industrial Revolution technologies, said Deputy Minister of Finance Nguyen Duc Tam.
The official launching of terminals marks Hai Phong Port’s regional leading ability in port operations and reaffirms Hai Phong Port JSC’s key role in the North. Once HTIT is fully operational, Hai Phong Port’s market share in container cargo in the region is expected to reach 40%, and 60% for non-container cargo in the Hai Phong area.
The Index of Industrial Production (IIP) in the first quarter of 2025 is estimated to increase by 7.8% compared to the same period last year, with the processing and manufacturing sector growing by 9.5%, continuing to be the main driving force of economic growth.
Prime Minister Pham Minh Chinh on April 10 signed for issuance of an official dispatch outlining a plan to accelerate tourism development, aiming to drive double-digit economic growth.
At the State Bank of Vietnam (SBV)’s meeting with commercial banks on April 10 to discuss the direction of implementing the credit package, the banks said they will participate in the package to show the proactiveness and determination of the banking sector to support businesses and promote economic growth.
Spain's news agency Europa Press quoted PM Sánchez as stating that Vietnam is a rising power in Asia, playing an increasingly significant role on the international stage.
The official dispatch builds on the Politburo’s directive to make tourism a spearhead economic sector, with the PM’s directions already delivering notable success. Tourism has become a bright spot in Vietnam’s post-COVID-19 recovery, it said.
Rather than focusing solely on increasing export value, Vietnamese businesses should shift toward higher market segments and promote service exports as the US tariffs target goods, not services, an expert has said.
Apart from showcasing nearly the entire supply chain of the textile and garment industry, Saigontex - Saigonfabric 2025 serves as a vital platform for connecting producers, suppliers, and buyers.
In 2025, global markets are expected to remain volatile, with trade tensions and protectionism posing risks. Amid these challenges, strengthening the domestic market is crucial for sustaining economic growth and stabilising production alongside expanding exports.
