Vietnam’s economy expanded by 7.5% in the first half of 2025, one of the fastest rates in the region, reflecting strong momentum despite continued global uncertainties, according to the latest Vietnam Economic Update by the World Bank (WB), released on September 8.

VOV.VN - Deputy Minister of Finance Nguyen Duc Tam has emphasized the role of small and medium-sized enterprises (SMEs), digital transformation, and green initiatives in promoting sustainable and inclusive growth across the APEC region.

VOV.VN - The country’s remarkable achievements in socio-economic development have been highlighted in official reports and widely recognized by experts, scholars, and international media.

Vietnam’s economic situation changed significantly after the 6th National Party Congress, with decisions to remove production bottlenecks, ease circulation of goods, and adopt a multi-sectoral economic policy. In particular, opening the door for private enterprises to develop freely in all sectors not prohibited by law helped transform the economy.

Vietnam will launch the 2026 Economic Census in January next year to develop a comprehensive overview of production and business activities across all economic sectors nationwide.

VOV.VN - Professor Carl Thayer, a leading expert on Vietnam at the Australian Defence Force Academy (University of New South Wales), has affirmed that after 80 years of national development and reform, Vietnam is emerging as one of the fastest-growing economies in Southeast Asia.

The InnoEx Business Innovation Forum 2025 officially opened in Ho Chi Minh City on August 21, under the theme “Shaping the Future Economy: From Data to Digital Assets.”

VOV.VN - The informal sector has long played a vital role in Vietnam’s economy, but it remains a “gray zone”, difficult to regulate and lacking policy support. Experts believe that with the right measures to promote formalization, it could become a strong driver, enabling the private economy to emerge as a true pillar of national development.

Vietnam is a dynamic economy in a really dynamic economic region and what Australia wants to be is a partner in that development which benefits both countries and the region, Australian Minister for Foreign Affairs Penny Wong told the press during her ongoing official visit to Vietnam from August 19-21.

Vietnam is moving closer to its goal of becoming Asia’s next “tiger economy,” driven by strong reforms and a vision for ushering in “a new era of development” in the future, according to the US-based Associated Press (AP).