OECD outlines reform roadmap in 2025 Vietnam economic survey

VOV.VN - The 2025 Vietnam Economic Survey, released in Hanoi by the Organisation for Economic Co-operation and Development (OECD) and Vietnamese ministries, has called for stronger reforms and deeper integration to support long-term, inclusive growth.

The Ministry of Foreign Affairs and the Ministry of Finance, in coordination with the Organisation for Economic Co-operation and Development (OECD), held a seminar on June 20 in Hanoi to announce the OECD Economic Surveys: Vietnam 2025 report.

The event gathered representatives from the Ministry of Foreign Affairs, Ministry of Finance, various Vietnamese ministries and agencies, the OECD Chief Economist, members of the policy advisory council, ambassadors and representatives of the diplomatic corps in Hanoi, Vietnamese economic research institutes, and business associations.

OECD Secretary-General Mathias Cormann sent a congratulatory message to mark the occasion.

In his opening remarks, the representative of the Ministry of Foreign Affairs highlighted the sound cooperation between Vietnam and the OECD. He noted that both sides have effectively implemented the Memorandum of Understanding on Cooperation and the 2022–2026 Action Plan. The 2025 economic survey is a concrete outcome that indicates the close and multifaceted co-operation between the two sides.

The ministry representative praised the efforts of the OECD team and the active coordination of relevant Vietnamese ministries and agencies and expressed appreciation to the Government of Japan for funding the development of the report and to Australia for its partnership with Vietnam as co-chair of the OECD Southeast Asia Regional Programme (SEARP) for the 2022–2025 period.

Alongside the OECD Multi-dimensional Review of Viet Nam (2020) and the OECD Economic Survey of Viet Nam (2023), the 2025 report offers objective and valuable insights for Vietnamese policymakers, researchers, public and private sector managers, and international development partners. It also serves as a useful reference for reviewing the implementation of the 2021–2025 five-year socio-economic development plan and for advancing the 2021–2030 ten-year development strategy.

OECD Secretary-General Mathias Cormann hailed Vietnam’s achievements in socio-economic development, including rapid growth, deep integration into the global economy, and notable progress in poverty reduction. He affirmed the OECD’s continued support for Vietnam in pursuing its high-growth objectives.

The OECD Economic Surveys: Vietnam 2025 focuses on Vietnam’s macroeconomic fundamentals, the impact of international integration on foreign investment and trade, and the country’s low-carbon development prospects. The report offers recommendations aimed at promoting a more integrated, transparent, sustainable, and inclusive economy.

Key OECD recommendations include the effective use of macroeconomic tools to support balanced fiscal policy and broaden the tax base; strengthening the monetary system, credit policies, interest rates, and resource allocation; improving the social welfare system in areas such as wages, healthcare, and education; and formalising the informal economy and labour market.

The report also highlights sustainable development measures such as emissions trading systems and renewable energy promotion, and draws on international lessons to suggest ways to attract high-quality investment while enhancing domestic capacity, protecting intellectual property rights, and improving workforce quality.

The workshop featured a discussion with representatives from the OECD, the Chief Economist of ADB Vietnam, the Deputy General Director of Deloitte Vietnam, and the Vietnam Program Director at the Tony Blair Institute for Global Change.

Speakers focused on measures to achieve double-digit economic growth, attract high-quality foreign direct investment linked to the domestic sector, and boost institutional reform and good governance to strengthen public sector capacity.

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Business roundtable starts OECD-SE Asia forum

The Organisation for Economic Cooperation and Development (OECD) – Southeast Asia Business Network on October 26 held the Business Roundtable and Public-Private Policy Dialogue on Sustainable Investment in Hanoi.

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