A draft report on Vietnam’s economy was tabled for discussion at a meeting held at the headquarters of the Organisation for Economic Co-operation and Development (OECD) in Paris on September 5.
The meeting was held at the headquarters of the Organisation for Economic Cooperation and Development (OECD) in Paris. (Photo: VNA)
Paris (VNA) – A draft report on Vietnam’seconomy was tabled for discussion at a meeting held at the headquarters ofthe Organisation for Economic Cooperation and Development (OECD) in Paris onSeptember 5.
It was sketched out within theframework of a memorandum of understanding signed in November 2021 by the VietnameseGovernment and the OECD for 2022-2026.
Deputy Prime Minister Pham Binh Minh in May 2022 assignedthe Ministry of Planning and Investment, the Ministry of Foreign Affairs andrelevant agencies to coordinate with the OECD and the Asian Development Bank(ADB) to build and perfect the report.
Deputy Minister of Planning and Investment Tran QuocPhuong stressed that the Vietnamese Government highly values the document,the second of its kind, jointly developed by the ADB and the OECD.
The report carries a message of maintaining macro-economicand social stability in tandem with economic recovery, the requirements ofimproving the business environment and reforming the state business administration,the reform of regulations on promoting digital transformation and green growth,and OECD member economies’ experience in policy making.
This is the first time the OECD has conducted suchreport and survey on Vietnam, Phuong stressed, noting that the report will offer positive,independent views and recommendations to Vietnamese policy makers.
Representatives from 20 OECD member countries opined on the draft report. Most of them shared the view that it hasprovided a panorama on the Vietnamese economy.
Leaders from the Ministry of Planning and Investmentand other agencies of Vietnam fielded the participants’ questions relatingto Vietnam’s economy like the country’s fiscal and monetary policies for bothshort and long terms, administrative procedures, digital transformation strategyand the target of net zero emissions by 2050./.
Vietnam and Australia have officially assumed the role of co-chairs of the Southeast Asia Regional Program (SEARP) under the Organization for Economic Cooperation and Development (OECD) for the term 2022-2025 from Thailand and the Republic of Korea.
Vietnam, together with Australia, officially took the charge of the co-chair of the Organisation for Economic Cooperation and Development (OECD)-run Southeast Asia Regional Programme (SEARP) for 2022-2025 during the second Ministerial Conference of the SEARP in Seoul on February 9.
The Association of Southeast Asian Nations (ASEAN) and the Organisation for Economic Cooperation and Development (OECD) have signed a Memorandum of Understanding (MoU) in conjunction with the OECD Southeast Asia Ministerial Conference.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
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.