Vietnam’s auto industry is on the brink of a major transformation as excise tax reductions set to take effect in 2026 are expected to significantly cut the cost of hybrid vehicles, driving new investment and propelling rapid market expansion.

Vietnam continues to face a persistent paradox: despite being lauded as a dynamic nation with a large, youthful population and a strong spirit of innovation, the failure rate among startups remains alarmingly high - over 70%.

VOV.VN - As the ASEAN economy shifts strongly toward a knowledge-based growth model, Vietnam is being assessed by regional leaders and experts as one of the bloc’s most dynamic economic and technology drivers.

VOV.VN - Vietnam praised Thailand for its resilient economy and growing trade, noting that bilateral cooperation serves as one of the most successful economic models in ASEAN and seeks to strengthen cooperation to maximize benefits under existing free trade agreements (FTAs).

Vietnam is well placed to seize opportunities from the burgeoning growth of the unmanned aerial vehicle (UAV) sector, with the domestic market projected to reach US$2–3 billion by 2030, targeting US$10 billion in revenue and 1 million jobs by 2035, according to experts.

VOV.VN - Circular economy in agriculture is increasingly recognised as a vital approach to building a modern, sustainable sector that maximises value, reduces costs, and minimises environmental impacts.

VOV.VN - A tourism experience allowing visitors to be an island farmer for a day in Co To Special Zone, Quang Ninh province, has been increasingly attracting international tourists.

VOV.VN - Science, technology, and innovation are becoming the “golden key” to unlocking a sustainable growth model for Vietnam in the era of digital transformation and green transition.

Vietnam regards the establishment of an international financial centre as one of the key institutional breakthroughs and an important move to unlock resources, accelerate growth model transformation associated with economic restructuring and enhance national competitiveness, Prime Minister Pham Minh Chinh said on November 4.

A model of the Vietnam Exposition Centre made from 410 kg of sticky rice and 100 kg of beans set a new Vietnamese record on October 31, within the framework of the Autumn Fair 2025.