Workshop discusses ways for industrial development in Vietnam
The Central Institute for Economic Management (CIEM) in collaboration with the Jakarta-based Economic Research Institute for ASEAN and East Asia (ERIA) held a workshop on industrial development in Vietnam in Hanoi on December 28.
Hanoi (VNA) – The Central Institute for Economic Management (CIEM)in collaboration with the Jakarta-based Economic Research Institute for ASEANand East Asia (ERIA) held a workshop on industrial development in Vietnam inHanoi on December 28.
Speaking at the event, CIEM Director Tran Thi Hong Minh saidthat the Vietnamese economy has been recovering strongly from severe impactsof the COVID-19 pandemic.
However, it is facing the risk of fragmented and unfocused reforms which leads to difficulties in creating more breakthroughs if no newer andmore drastic ways and solutions are taken.
The outcomes of this workshop will help Vietnamese agenciesand experts in consulting policies on industrial development in the country,Minh stated.
Vo Tri Thanh, member of the National Financial and MonetaryPolicy Advisory Council, proposed Vietnam prioritise developing severalindustries such as information technology and telecommunications, and advanced electronics,to meet the requirements of the Fourth Industrial Revolution to create adigital technology platform for other industries; clean and renewable energy; andprocessing and manufacturing.
Attention should also be paid to defence and securityindustry, combined with civilian industry in the dual-use direction, garmentand footwear industries, and several mechanical industries such as automobiles,agricultural machines, and electric and medical equipment.
For the electronics sector, Nguyen Thi Xuan Thuy from the GermanAgency for International Cooperation or (GIZ) suggested the Government buildreliable partnerships in this industry at both macro and micro levels andattract more foreign investment (FDI) to create a domestic supply chain./.
Prime Minister Pham Minh Chinh on August 22 requested the development of a self-reliant and modern defence industry on the back of three key factors, namely sci-tech capacity, human resources and institution building.
The northern province of Quang Ninh has affirmed the viewpoint of selective investment attraction in industrial development, including prioritising environmentally friendly projects.
The Hai Phong Economic Zone Authority (HEZA) on September 12 hosted a meeting with a business delegation from Taiwan (China) to introduce cooperation and investment opportunities in the northern city.
With appropriate strategies, open policies, promoted administrative reform, and upgraded transport infrastructure, Long An province is considered a bright spot in attracting investment in industrial development in the Southern Key Economic Zone and the Mekong Delta region.
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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 analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
An overview of the workshop (Photo: CIEM) 
