Workshop highlights efficiency of Vietnam’s consistent macro policies
Vietnam’s economy has achieved stable growth thanks to consistent macro policies, contributing to promoting the role of the private sector, heard a workshop on Vietnam's economic situation and stock market held by Dragon Capital company on September 1 in London.
London (VNA) - Vietnam’s economy has achieved stable growth thanksto consistent macro policies, contributing to promoting the role of the privatesector, heard a workshop on Vietnam's economic situation and stock market heldby Dragon Capital company on September 1 in London.
Addressing the event, Ambassador NguyenHoang Long affirmed the Vietnamese Government’s determination to renovate and openits economy and speed up the privatisation of state-owned enterprises.
With the goal of achieving a per capita income of 4,500 USDby 2025 and 7,500-8,000 USD by 2030, Vietnam will need to post economic growthof 6.5-7 percent per year, Long said, adding that this is a big challenge,especially in the context of the crisis caused by the COVID-19 pandemic.
According to him, Vietnam's transition to a high-qualityeconomic growth model, and its selective attraction of investment to hightechnology and "green" growth is a good opportunity for British investorsin particular and foreign ones in general.
Dragon Capital Chairman Dominic Scriven said that Vietnam’sadvantages to attract foreign investment include good human resources, laws andpolicies favourable to foreign investment, a highly reliable investmentenvironment and stable growth since Vietnam began implementing the Doi Moi(Renewal) 35 years ago.
He pointed out that the Vietnamese government has reasonablesupport packages to help people in localities ease difficulties caused by thepandemic, emphasising that this will directly support the resilience of theeconomy after the pandemic.
Founded in Vietnam in 1994 with a total investment of 16million USD, Dragon Capital is currently the oldest independent asset managerin the country with assets totaling 2.9 billion USD (as of December 31, 2019)./.
Moody's Investors Service (Moody's) maintaining the Government of Vietnam's long-term issuer and senior unsecured ratings at Ba3 and changing the outlook to “positive” from “negative” is unprecedented, an official has said.
The stock market of Vietnam has fluctuated in line with others around the world since the beginning of 2021, when the markets of the US, the UK, Thailand, and the Republic of Korea, among others have posted growth of over 10 percent.
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.
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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.
A corner of Hanoi (Photo: VNA) 
