VOV.VN - The website sourceofasia.com has recently published an article, highlighting that Vietnam has emerged as a crucial player in the global economy due to balancing its dual trade partnerships with superpowers like the US and China.

The economic and trade mechanisms between Vietnam and the US have shown efficiency throughout 2024, according to Do Ngoc Hung, trade counsellor and head of the Vietnam Trade Office in the American country.

VOV.VN - Vietnam and Australia still hold great potential for economic, trade, investment cooperation, particularly in areas such as agriculture, food processing, renewable energy, and digital economy development, according to Nguyen Phu Hoa, trade councilor of the Vietnam Trade Office in Australia.

Vietnam has distinguished itself as one of the fastest-growing economies in the East Asia-Pacific region in 2024.

VOV.VN - Vietnam’s export-import turnover is likely to reach a record high of US$782 billion this year, demonstrating the country’s steady recovery amid global fluctuations, according to the General Department of Vietnam Customs.

The statistical visualisation platform Seasia Stats recently ranked Vietnam among the top 15 economies in Asia, with projected economic output reaching some US$506 billion in 2025.

Developing regional and international financial hubs in Vietnam is expected to create new mechanisms and resources, and serve as a "boost" for the national economy.

VOV.VN - Developing the night-time economy is seen as a new direction, not only attracting domestic tourists but also affirming Hanoi's attractiveness to international visitors.

Vietnam’s transition to a sustainable economy is not only an urgent task but also a strategic opportunity to enhance competitiveness, improve quality of life and protect the environment, said policymakers at the recent 2024 Workers’ Forum for the Environment in Hanoi.

Vietnam's economy has continued to perform strongly in 2024, evidenced by the latest Asian Development Bank’s Asian Development Outlook, which highlights Vietnam’s impressive economic performance, said Hal Hill, an emeritus professor at the Crawford School of Public Policy at the Australian National University.