Vietnam must strive to achieve at least 8% economic growth this year or even higher, laying a foundation for double-digit growth from 2026, wrote Prime Minister Pham Minh Chinh in his New Year's Day article.
The tourism sector emerged as a bright spot in Vietnam’s socio-economic landscape in 2024, surpassing key targets for visitor numbers and revenue.
Vietnam's economic prospects for 2025 are gaining momentum, bolstered by strong export growth, a rapidly expanding digital economy, and a robust e-commerce sector, according to analytics from prominent websites.
As one of the countries with the fastest-growing national brand globally, Vietnam is cementing its position on the global economic map.
Starting on January 1, significant economic policies will come into effect, including regulations on contract-based passenger transport businesses, a six-month reduction in value-added tax (VAT), amendments to the 2019 Law on Tax Administration.
VOV.VN - Ho Chi Minh City has recorded over VND508,000 billion in budget revenue this year, the highest figure ever, with this viewed as the basis for the city to set a double-digit economic growth target in 2025.
VOV.VN - The Prime Minister outlined several key directions for the Ministry of Planning and Investment (MPI) to achieve its core objectives in 2025 amidst the ongoing complexities and challenges in the global and regional contexts, at a year-end review meeting of the MPI in Hanoi on December 28.
Vibrant economic diplomatic activities in 2024 have contributed to creating a firm foundation for Vietnam and Singapore to upgrade their relations to a comprehensive strategic partnership level, according to Cao Xuan Thang, Trade Counsellor and head of the Vietnam Trade Office in Singapore.
Vietnam has regained its position as the “growth star” of the Association of Southeast Asian Nations (ASEAN), said the Hong Kong-Shanghai Banking Corporation (HSBC) when evaluating Vietnam’s economic development in 2024.
As 2024 draws to a close, Vietnam’s economy is nearing the finish line of its annual targets, and continued efforts are needed to secure the best possible outcomes.