Foreign media highlight appeals of Vietnamese market
Vietnam’s economy is on a growth trend driven by an opening up to foreign capital while the stock market is growing rapidly and offers attractive returns for a lower entry price than other Asian markets, said an article recently published on Luxembourg’s newswire delano.lu.
Hanoi (VNA)🐠 – Vietnam’s economy ison a growth trend driven by an opening up to foreign capital while the stockmarket is growing rapidly and offers attractive returns for a lower entry pricethan other Asian markets, said an article recently published on Luxembourg’snewswire delano.lu.
It said Vietnam’s growthis currently progressing at a rate of 6.5%, driven by four factors: infrastructurespending, healthy macroeconomic policies, the development of a middle classthat boosts demand and the attractiveness of the country to foreign investors. The first asset of thecountry is its population. Vietnam has a young and educated population, the article said, noting the emergence of a middle class that consumes.In an economy where 72% of activity is driven by local consumption, this is anasset, it said. While Vietnam stillexports a lot of agricultural products, since 2010, the share oftechnology-related exports has increased fivefold and now exceeds 30%. “Vietnamis becoming an export heavyweight with a steadily rising global market sharethat has reached 1.6% today”, the article said. Meanwhile, Russia’sSputnik news agency said Vietnam is expected to become a new production hub ofthe world. It cited Apple’s listof suppliers for 2021 fiscal year saying that the group now has 25 partners with factories inVietnam, accounting for 13.9% of the group's total suppliers as of the fourth quarter of 2021, upfrom the previous year. A number of importantproducts in the global mobile phone market by Samsung, Xiaomi and Apple arealso produced in Vietnam./.
The National’s website thenationalnews.com has listed five reasons for visitors to choose Vietnam as one of the tourist destinations in their travel plan.
Leading officials of the Standard Chartered said the recovery of Vietnam’s economy will proceed strongly in the second half of this year, especially now that tourism has been reopened following two years of closure.
Vietnam’s economy is expected to grow by 7.2% in 2022, on the back of a strong rebound in domestic demand and continued solid performance by export-oriented manufacturing, according to the World Bank East Asia and Pacific Economic Update, October 2022.
Vietnam is one of the countries that are successful in hunger eradication and poverty alleviation, achieving many economic achievements thanks to the application of private property rights and free-market reforms, according to an article posted on US’s news website washingtonexaminer.com on October 11.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
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.
Illustrative image (Photo: VNA) 
