The VSIP Hai Phong integrated township and industrial park is a hotspot of FDI’s attraction in Vietnam with 58 projects worth over 2 billion USD (Photo: VNA)
Hanoi (VNA) – Foreign media have run severalarticles highlighting Vietnam’s economic success given a struggling worldplagued by the COVID-19 pandemic.
The Nikkei Asia Review said Vietnam’s production sector hasproven its fast and steady recovery. The country’s open market and signing ofnumerous free trade agreements (FTAs), particularly the EU-Vietnam FTA, the Comprehensiveand Progressive Agreement for Trans-Pacific Partnership (CPTPP), and the RegionalComprehensive Economic Partnership (RCEP), are promising great opportunitiesfor growth. The paper said Vietnam stands out for its success in controllingthe pandemic.
According to the latest Asian Development Outlook releasedby the Asia Development Bank, Vietnam was estimated to grow over 2 percent lastyear while Thailand contracted by 7.8 percent. Thanks to its larger marketscale and cheaper labour cost, Vietnam surpassed Thailand in terms of foreigndirect investment and export value.
The Financial Express quoted the Economist Intelligence Unit(EIU) as saying Vietnam has emerged as a low-cost manufacturing base in Asiansupply chains, beating India and even China in indicators, including foreigndirect investment (FDI) policy and foreign trade and exchange control.
The Malaysian-based The Star posted an article highlightingthat member companies of the Vietnam Food Association (VFA) inked several exportcontracts in early 2021, especially with European partners and those from RCEPmember countries.
The Jakarta Post from Indonesia, meanwhile, praised the riseof e-commerce in Vietnam amid COVID-19. Although cash maintained its importancein the country, its number of mobile payments reached nearly 700 million by theend of August in 2020, up 980 percent against in the same period of 2019,official data showed./.
The Government is determined to take drastic measures to realise the socio-economic development plan, better business climate, as well as improve national competitive capacity in 2021 through the issuance of Resolution No.01/NQ-CP and Resolution 02/NQ-CP.
High hopes are pinned on Vietnam’s rice export in the early months of 2021 after the price of its 5-percent broken rice exceeded 500 USD per tone last year, the highest since the end of 2011.
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.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The VSIP Hai Phong integrated township and industrial park is a hotspot of FDI’s attraction in Vietnam with 58 projects worth over 2 billion USD (Photo: VNA) 
