Vietnam News
Vietnam fast-tracks 2026 economic census for new development goals
Facing an urgent need for data to support socio-economic development planning for the new phase, the Central Steering Committee for the 2026 Economic Census has decided to adjust its plan, accelerate progress, and announce preliminary results seven months earlier than originally scheduled, reported Redio the Voice of Vietnam.
Chairing a conference held on February 9 to review the implementation of, and adjust the 2026 Economic Census plan, Minister of Finance and head of the Steering Committee, Mr. Nguyen Van Thang, stated that accurate and timely databases are vital for socio-economic management to achieve the country's strategic goals: becoming a developing nation with upper-middle income by 2030, and a developed, high-income nation with modern industry by 2045.
The minister emphasized that timely updates on the scale and structure of the economy, as well as the activities of enterprises and production-business units, will serve as an effective tool for analyzing and assessing the strengths, weaknesses, and shortcomings of the economy. From these insights, a comprehensive system of solutions can be developed to direct and implement socio-economic, national defense, and security objectives.
Consequently, instead of the original end-of-year completion target, the Central Steering Committee has requested an acceleration of the timeline. The goal is to complete and announce the census results by June 30, 2026, at the latest—seven months ahead of the initial plan.
Mr. Thang noted that while the project is being fast-tracked, quality must remain a priority. This must be coupled with a thorough review to eliminate impractical statistical criteria and categories to avoid waste and ensure efficiency.
Streamlining of manual tasks
Ms. Nguyen Thi Huong, Director of the National Statistics Office (Ministry of Finance) and Head of the Standing Group of the Central Steering Committee, reported that Phase 1 of data collection is scheduled to conclude on March 10, 2026. Phase 2 will take place from March 1 to April 30, 2026. Data verification and cleaning will be carried out concurrently, with preliminary results expected to be compiled and announced by June 30, 2026.
She highlighted that a key innovation in this census cycle is the expansion of its scope to include online business models and the comprehensive application of information technology (IT). Artificial Intelligence (AI) will be utilized for industry classification coding, while digital maps will be used to track progress in real-time.
To ensure the content and progress of key tasks meet the updated schedule, Ms. Huong proposed a significant reduction in manual workloads. For the enterprise sector, the survey form will omit 20 indicators, including detailed information on fixed assets, which effectively reduces the questionnaire by 21 questions. Instead, the statistics agency will leverage existing administrative data from tax authorities and financial reports to automatically populate the required data fields.
VOV-
PM calls for more investment from Japan
Prime Minister Pham Minh Chinh has called on the Japan Chamber of Commerce and Industry (JCCI) and its Japan–Mekong Economic Committee to step up coordination with ministries and relevant agencies of both countries to boost investment and enhance its quality, according to a report from the Vietnam News Agency.
Hosting a delegation of leaders from 37 JCCI member companies led by Mr. Keita Ishii, Chairman of the Japan–Mekong Economic Committee and Chairman and CEO of Itochu Corporation, in Hanoi on February 9, the PM said the Vietnam–Japan Comprehensive Strategic Partnership for peace and prosperity in Asia and the world continues to grow robustly.
Japan remains one of Vietnam’s top investors, with 5,722 valid projects worth $78.9 billion as of January 31, 2026. Two-way trade in 2025 exceeded $51.43 billion for the first time, while Japan is also Vietnam’s largest labour cooperation partner.
PM Chinh praised the role of JCCI and the Japan–Mekong Economic Committee in promoting bilateral ties and acting as a bridge for Japanese enterprises to expand investment in Vietnam.
The Vietnamese Government will continue building a stable, transparent and predictable investment climate, considering investor confidence a strategic asset, he said.
The PM called on Japanese partners to further expand cooperation with Vietnam, helping deepen the Comprehensive Strategic Partnership for the development and well-being of both nations.
Keita Ishii and representatives of Japanese firms commended Vietnam’s reform efforts, particularly institutional improvements, administrative simplification, workforce development and upgrades in infrastructure and logistics that enable companies, including Japanese investors, to operate effectively. They expressed interest in exploring new projects and expanding operations in Vietnam, and hoped to recruit more high-quality Vietnamese workers.
Vietnam News Agency-Van Nguyen
"Vietnamese Goods Day" in Germany paves the way for ST25 Rice and produce exports
The "Vietnamese Goods Day" program has been launched at the Selgros Berlin Lichtenberg wholesale center, as part of a series of promotional activities surrounding Fruit Logistica, the world’s leading international fruit and vegetable trade fair.
This event is a collaborative effort between the Vietnam Trade Office in Germany, the Vietnam Fruit and Vegetables Association (Vinafruit), and Selgros.
Speaking at the opening ceremony, the Vietnamese Ambassador to Germany Nguyen Dac Thanh emphasized that showcasing products directly within a supermarket environment represents a "golden opportunity."
It not only introduces German consumers to tropical fruits but also allows Vietnamese businesses to engage directly with supermarket procurement departments and German importers, said Mr. Thanh.
The growing presence of Vietnamese fruit in Germany is no coincidence, but rather the result of a persistent shift in production mindset.
According to Chairman of Vinafruit, Nguyen Thanh Binh, since 2010, Vietnam's fruit and vegetable industry has maintained an average annual growth rate of 20% to 25%. Currently, Vietnamese produce is exported to over 80 countries, with major markets including China, the United States, South Korea, Japan, and the European Union, specifically Germany.
"Vietnam is restructuring its agricultural production with a focus on advanced and modern processes such as VietGap and GlobalGap," said Mr. Binh, expressing confidence that German consumers would be satisfied with Vietnamese produce and continue to support these products, further strengthening Germany-Vietnam trade ties.
Vietnamese Trade Counselor in Germany, Ms. Dang Thi Thanh Phuong, said that fruit and vegetable export turnover reached over $60.17 million, an increase of nearly 40% compared to 2024. However, she frankly pointed out that this figure still represents a very small fraction of Germany's total demand, meaning there is immense room for future expansion.
While German consumers are already familiar with Vietnamese staples such as coffee, seafood, tea, and spices, many other products, particularly fresh tropical fruits, have yet to achieve widespread popularity. The Trade Office expressed its hope that through such events, German associations and procurement enterprises will become more aware of these products and help introduce them to wider distribution networks.
Mr. Mario Berger, Managing Director of Selgros Lichtenberg, noted that the Selgros hypermarket system already distributes several Vietnamese items, ranging from seafood to fresh fruits like dragon fruit and passion fruit.
Sharing future plans, Mr. Berger revealed: "The supermarket has expanded its Asian pavilion, and Selgros is planning to import Vietnam’s ST25 rice while considering the possibility of bringing even more Vietnamese agricultural products to our shelves."
Vneconomy-Song Hà
Vietnam Airlines to launch direct air route between Hanoi and Amsterdam
The national flag carrier Vietnam Airlines will launch direct air service between Hanoi and Amsterdam from this June, marking the first direct air connection between Vietnam and the Netherlands, according to a report from the Government News.
The new route will use Airbus A350 aircraft and operate three flights per week between Hanoi-based Noi Bai International Airport and Amsterdam Schiphol Airport.
The flight schedule has been designed to provide convenient travel options for European passengers while ensuring smooth onward connections within Vietnam and across Asia.
The route is also seen as a catalyst for deeper economic integration and stronger people-to-people exchanges between the two countries.
The new route is also expected to support economic development and international integration, while enhancing Vietnam's global profile. Amsterdam's Schiphol Airport is among Europe's largest aviation and logistics center, serving as a major gateway to North America, Africa, and other regions.
The Netherlands is currently Vietnam's largest trading partner in Europe, with imports from Vietnam exceeding $11 billion in 2025, and is also a major European investor, with total investment capital of around $16 billion.
Government News-Van Nguyen
HCMC Digital Asset Fund aims to raise $1 bln
A strategic partnership has officially been signed between Ho Chi Minh City International Financial Center (HCMC IFC), VinaCapital, and the Global On-chain Economic Alliance at the Investment Promotion Conference for Digital Infrastructure and Big Data Centers held in HCM City on February 8.
Under this agreement, the parties will collaborate to research, develop, and operate the HCMC Digital Asset Fund.
The fund is envisioned as a "market-making" capital source, designed to facilitate the formation of an on-chain financial ecosystem within the framework of the IFC. According to the development plan, the fund will be raised and deployed in multiple phases, with a total target size of $1 billion.
This initiative aligns with the directives of the Government's Resolution 05, which mandates that the pilot implementation of a crypto-asset market must be conducted with a cautious, controlled approach and a roadmap suited to practical realities. The primary goals are to ensure safety, transparency, and efficiency while protecting the legal rights and interests of all participating organizations and individuals.
Notably, a key regulatory requirement was highlighted: to conduct transactions related to the purchase or sale of crypto assets in Vietnam, foreign investors will be required to open a Vietnamese Dong (VND) payment account at an authorized bank or a foreign bank branch licensed to provide foreign exchange services in Vietnam.
This development follows earlier discussions at the "Legal Framework and Development Models for Vietnam’s Digital Asset Market" dialogue, organized by VnEconomy/Vietnam Economic Times. During that event, Mr. To Tran Hoa, Permanent Vice Chairman of the Management Board for the Crypto Asset Trading Market (State Securities Commission), outlined Vietnam’s regulatory vision for the market, which consists of two main components:
In the primary market, the regulator aims to encourage domestic enterprises to issue crypto assets backed by real-world assets (RWA) to foreign investors. This strategy is intended to mobilize international resources to support economic development and achieve double-digit growth.
In the secondary market, during the pilot phase, both domestic investors currently holding crypto assets and foreign investors will be permitted to open accounts with licensed service providers to conduct trades under the regulatory framework of the authorities.
Vneconomy-Bạch Dương
[Interactive]: Economic overview - January 2026
-Vietnam Economic Times - VnEconomy
Overseas Vietnamese seek investment cooperation in Ninh Binh province
The People's Committee of Ninh Binh province in northern Vietnam, in collaboration with the State Committee for Overseas Vietnamese (Ministry of Foreign Affairs), organized a program to connect with outstanding overseas Vietnamese.
The event, attracting 100 outstanding overseas Vietnamese from 32 countries and territories, is part the Xuan Que Huong (Homeland Spring) 2026 program.
Held under the theme “Vietnam’s Aspiration: Peace and Prosperity,” the Homeland Spring 2026 runs from February 6–9 in Hanoi capital and Ninh Bình province, on the eve of the Tet (Lunar New Year), featuring a range of activities rich in national cultural identity.
The meeting between overseas Vietnamese and authorities of Ninh Binh province is considered an opportunity for overseas Vietnamese and local agencies and businesses to exchange information, explore potential, and seek investment and business cooperation opportunities.
At the meeting, overseas Vietnamese delegates shared many opinions and proposals related to environmental protection, preservation and promotion of traditional cultural values, sustainable tourism development, and building a foundation for long-term growth. Many opinions suggested that Ninh Binh has great advantages in developing a green urban model linked to heritage, in line with current development trends.
VnEconomy-Nguyễn Thuấn
HCMC approves investor selection plan for Binh Quoi-Thanh Da project
The Ho Chi Minh City People’s Council has officially approved a proposal to bypass the traditional bidding process and instead select a strategic investor for the Binh Quoi – Thanh Da project.
This decision follows the National Assembly's Resolution No. 260/2025/QH15, which amends and supplements Resolution No. 98/2023/QH15, designating the development as a strategic project eligible for a specialized investor selection mechanism.
Under this framework, the HCMC People’s Committee is tasked with organizing the selection process for the Binh Quoi – Thanh Da New Urban Area using the pilot policies and special mechanisms granted by the National Assembly through Resolutions 98 and 260.
According to the proposal submitted by the municipal People’s Committee, the Binh Quoi – Thanh Da New Urban Area spans approximately 423 ha with an estimated total investment of over VND98 trillion (over $3.8 billion). It is identified as a vital focal point for urban development within the city's approved master plan.
Under the 1/2,000 scale zoning plan, the area is envisioned as a central urban and administrative hub featuring a signature wetland park, playing a key role in the city's spatial development structure.
The project is oriented toward becoming a comprehensive, integrated urban hub that includes residential zones, mixed-use areas, administrative and service centers, commercial and tourism facilities, and an extensive network of parks, greenery, and water bodies.
The development will feature synchronized technical and social infrastructure, focusing on its role as a wetland park and its ability to adapt to climate change.
Vneconomy-Thiên Di
PM outlines key tasks for monetary, fiscal policy management in 2026
Prime Minister Pham Minh Chinh on February 8 signed Official Dispatch No. 12/CD-TTg, outlining key tasks and solutions for the management of monetary and fiscal policies in 2026, the Vietnam News Agency has reported.
The Ministry of Finance was tasked with leading and coordinating with relevant ministries, agencies and localities to pursue a reasonably expansionary fiscal policy with clear priorities, effectively tapping fiscal policy space to closely and flexibly coordinate with monetary policy and other macroeconomic policies.
The ministry was also requested to effectively mobilise domestic and foreign investment resources; make prudent use of public debt and deficit headroom to issue government bonds for key projects; intensify efforts to attract large-scale, high-tech FDI projects; and strongly develop capital markets, including putting the international financial centre in Ho Chi Minh City and Da Nang city into official operation in February so as to help mobilise medium- and long-term capital and ease pressure on short-term bank funding.
More efforts are needed to promptly and effectively implement the Resolution on piloting a digital asset exchange, as well as the scheme on the establishment and development of the carbon market in Vietnam, as approved by the Government and the PM.
The PM also urged conducting a comprehensive review and assessment of the current operations of small- and medium-sized enterprises (SMEs), promptly identifying difficulties and bottlenecks related to institutions, policies and administrative procedures, in order to propose practical, feasible and effective support measures. Particular attention should be given to studying mechanisms and policies to facilitate SMEs’ access to finance and credit.
It is necessary to expedite the research and completion of the National Investment One-Stop Portal, and report to the PM by February 25.
The SBV was assigned to manage monetary policy in a proactive, flexible, timely and effective manner, closely monitoring inflation, exchange rates, interest rates and liquidity to manage policy tools smoothly, with clear roadmaps, in line with macroeconomic developments and policy objectives. Credit growth should be managed appropriately, transparently announced, and adjusted in line with economic conditions, while ensuring credit flows into production, priority sectors and growth drivers, and controlling risks in vulnerable areas.
Vietnam News Agency-Van Nguyen
Finding the funds for double-digit economy growth
Under government targets, Vietnam is aiming to reach a GDP figure of $800 billion by 2030, translating to roughly $8,000 per capita. To do so, the country will need to sustain double-digit GDP growth throughout the 2026-2030 period. Against that backdrop, capital market restructuring is emerging as a critical lever for achieving such growth.
Experts have noted that the banking system is under mounting strain as credit continues to shoulder most of the economy’s financing needs. Constraints ranging from a limited supply of investment products to gaps in information transparency and the national credit rating are preventing the market from maturing as it should.
Financial imbalances
Analysts note that if the share of private sector investment remains steady at around 40 per cent of GDP, total private investment would need to be in the range of $250 billion to $300 billion per year; far beyond what the commercial banking system can supply. In this context, developing the domestic capital market and attracting foreign portfolio investment, particularly through the debt market and corporate bonds, has become critical.
Data from FiinRatings show that the ratio of short-term debt to total outstanding debt among listed companies rose sharply during 2023-2024, surpassing 60 per cent. Among the 50 largest listed firms by assets, the ratio reached roughly 45 per cent in 2024 - significantly higher than in regional markets such as Thailand (12 per cent), Malaysia (13.5 per cent), the Philippines (17 per cent), and Indonesia (26.5 per cent).
Growing dependence on short-term borrowing has heightened refinancing risks across the financial market, especially amid unpredictable interest rate movements.
To support economic growth, the State Bank of Vietnam has been cutting policy rates since 2022 and maintaining a low interest rate environment to improve access to credit for households and businesses. However, low rates have also made savings less attractive, causing deposit growth to lag credit growth for more than three years.
However, the downside of credit expanding faster than deposits is heightened liquidity risk and greater maturity mismatches in the banking system. “When lending growth exceeds deposit growth, pressures on capital adequacy and liquidity buffers inevitably increase,” said Mr. Sacha Dray, Economist at the World Bank in Vietnam.
Mr. Dray also warned of accumulating credit risks if capital flows are not allocated efficiently or if the economy’s capacity to absorb capital remains uneven. “These factors make it essential to strengthen risk management capacity within the banking system, while adding complementary tools to sustain financial stability and support long-term economic growth,” he emphasized.
Financial statements from listed banks show that as of the third quarter of 2025, the loan-to-deposit ratio had climbed to its highest level in five years, underscoring the mounting liquidity pressure across the system.
Significant barriers
Beyond the challenges within the banking system, the capital market is also confronting significant barriers in attracting international investment. Historically, foreign inflows into Vietnam’s stock market have come mainly from South Korea and Taiwan (China), but whether Vietnam can draw capital from regions with lower risk appetite, such as the US, Europe, and the UK, remains in question.
A shortage of investable products, in both quantity and quality, is seen as a chronic issue not only for the equity market but for the debt market more broadly. The investable universe includes not only equities and corporate bonds but also government bonds and money market instruments.
Bond funds typically manage assets far larger than equity funds. Yet a major obstacle preventing their participation in Vietnam is the lack of suitable investment products. Each year, the market records only about 300-400 corporate bond issuances, most of them private placements executed on a deal-by-deal basis. This approach works only for small funds or investors allocating a very limited share to Vietnamese debt.
In terms of quality, despite notable progress in information transparency, the market still has significant gaps to fill. Credit ratings remain far from widespread, and intermediary products such as bond guarantees are largely absent - tools essential for attracting large institutional investors.
In reality, many global debt funds managing hundreds of billions or even trillions of dollars operate with only a few dozen staff. They run portfolios using standardized methods and rely heavily on credit ratings for capital allocation decisions. These funds do not have the capacity to manually evaluate individual projects, yet Vietnam’s bond market still operates on a bespoke, deal-specific structure that requires exactly that.
Another major barrier is Vietnam’s sovereign credit rating, which remains at speculative grade, making the country less appealing to major financial institutions. The situation mirrors Vietnam’s equity market, which has not yet been upgraded to emerging market status. Without such upgrades, many foreign mutual funds and sovereign funds are unable to allocate capital to Vietnamese debt, regardless of its long-term growth prospects.
According to analysts, achieving a higher sovereign rating will require Vietnam not only to strengthen macro-economic fundamentals and manage foreign-currency public debt, but also to ensure banking system stability, improve the balance of payments, particularly foreign exchange reserves, and enhance transparency towards global markets.
VET-Ky Phong
Thanh Hoa proposes expanding 100km of North-South Expressway to six lanes
The Thanh Hoa Provincial People’s Committee in central Vietnam submitted a document to the Ministry of Construction, requesting a report to the Prime Minister regarding the completion of the North-South Expressway segment passing through the province to its full design scale, according to a report by Radio the Voice of Vietnam.
The province proposed an investment to expand nearly 100km of the Eastern North-South Expressway to six lanes. The segment consists of three component projects: Mai Son – National Highway 45, National Highway 45 – Nghi Son, and Nghi Son – Dien Chau.
The proposal includes adding continuous emergency lanes and a lighting system to alleviate congestion, enhance traffic safety, and meet growing transportation demands.
These sections have currently completed Phase 1 with a four-lane scale, featuring a 17-meter-wide roadbed and a 16-meter-wide pavement. While these sections have significantly reduced travel time between Hanoi, Thanh Hoa, and other provinces, they are already facing limitations.
To maximize investment efficiency and support local socio-economic development, Thanh Hoa province has allocated nearly VND9 trillion (over $347 million) from its local budget to construct five roads connecting to seven interchanges on the expressway. To date, three of these five connecting roads have been put into operation, leading to a surge in traffic volume on the expressway segment, with figures expected to rise further once the remaining two roads are completed.
Furthermore, the province pointed out that the current limited four-lane scale and discontinuous emergency lanes (which are short and narrow, making them unsafe for large trucks to pull over) have created significant inadequacies. These limitations hinder rescue and recovery efforts and pose high risks for vehicles traveling at high speeds.
A tragic and particularly serious traffic accident on January 14, 2026, at Km 334+300 in Dong Tien Commune, served as a grim example of these dangers, resulting in heavy losses of life and property.
One of the primary causes of such accidents is that actual traffic volume has already exceeded the road’s capacity, while the current infrastructure fails to meet safety requirements.
VOV-
Over $1 bln to be poured into three urban projects in Mang Den
The Quang Ngai Department of Construction has announced that the province has signed agreements with investors to implement three major urban development projects in Mang Den commune, with a total investment capital of VND27 trillion (over $1 billion).
Accordingly, Urban Area No. 1 will be developed by Sun World Group Co., Ltd. . Spanning over 264 ha, the project is designed to accommodate a population of more than 7,700 people.
With a total investment of over VND6.7 trillion (over $258 million), the project focuses on developing synchronous technical and social infrastructure while preserving the ecological space and natural landscape characteristic of Mang Den. The project is expected to be completed after nearly 9 years of construction.
Urban areas No. 4 and 5 will be developed by Nam Viet Infrastructure Management Co., Ltd. and its partners. Notably, Urban Area No. 4, covering over 247 ha, holds the largest investment share among the three projects.
It is expected to play a crucial role in establishing modern urban functional zones with a diverse range of real estate products. The project aims to serve a population of over 11,400 people with an implementation period of more than 10 years.
Meanwhile, Urban Area No. 5 covers more than 276 ha with a projected population of over 30,000 people and a total investment of approximately VND9.8 trillion (nearly $377 million). Once completed, this project will help finalize the urban space and create a seamless link between functional zones within Mang Den.
Mang Den (part of the former province of Kon Tum that had been merged with Quang Ngai, since July 1, 2025) has been earmarked for development as a center for eco-tourism, luxury resorts, and unique cultural experiences in the Northern Central Highlands.
Following its administrative merger with Quang Ngai Province, these urban projects are expected to complete the local infrastructure and create a "magnet" for further tourism investment.
Often referred to as "Vietnam’s second Da Lat," Mang Den is expected to become a key driver for the socio-economic growth of Quang Ngai Province.
Vneconomy-Ngô Anh Văn
Construction of VSIP Nam Dinh starts in Ninh Binh province
Singapore Urban and Industrial Park Development JSC on January 6 started construction of the first phase of Hai Long Industrial Park (VSIP Nam Dinh) in northern Ninh Binh province.
The project, covering around 180 hectares in Giao Binh and Giao Hung communes, requires an estimated investment capital of over VND2.2 trillion ($84 million), invested by the Vietnam - Singapore Urban and Industrial Park Development Joint Stock Company.
The IP boasts a favourable location, situated at the intersection of new strategic infrastructure systems: the coastal road, the Nam Dinh - Lac Quan road, the Ninh Binh - Hai Phong expressway, providing convenient access to the Lach Huyen port system, Cat Bi International Airport, and other amenities in the surrounding areas. Furthermore, the project benefits from connections with other industrial centers within and outside the province, optimizing the supply chain and increasing benefits for investors.
VSIP Nam Dinh Industrial Park is oriented towards development as a low-carbon industrial park, targeting investors in light industries that apply advanced science and technology and do not cause environmental pollution. These include mechanical engineering, electrical and electronics manufacturing, pharmaceuticals, supporting industries, household appliances, garment production, and food processing.
The entire infrastructure system of the IP is expected to be completed by the fourth quarter of 2027.
VnEconomy-Nguyễn Thuấn
Quang Tri sets sights on becoming Central Vietnam’s ceader in clean energy and services
The People’s Committee of Quang Tri Province has officially issued a new Action Plan focused on mobilizing investment resources into clean energy and services, aiming to establish these sectors as the primary engines of economic growth for the upcoming period.
According to the Plan, the loclaity will prioritize the allocation of mid-term and annual public investment capital for transport, logistics, urban, tourism, and social infrastructure projects. These projects are designed to connect the province's developmental spaces following administrative mergers.
These initiatives are identified as vital pillars to expand development opportunities, enhance intra-provincial and regional connectivity, and create a foundation for attracting investment and ensuring sustainable socio-economic development.
Alongside public investment, the Provincial People’s Committee has directed the proactive integration of various capital sources to build and finalize socio-economic infrastructure tied to human resource development. Infrastructure investment will not only focus on technical works but will also be aligned with improving the quality of the workforce to meet the demands of high-potential and advantageous sectors.
Another core component of the Plan is to increase the mobilization of non-budget resources through Public-Private Partnerships (PPP) and the socialization of investment.
Simultaneously, Quang Tri will step up efforts to attract Foreign Direct Investment (FDI), Official Development Assistance (ODA), and preferential credit to implement key infrastructure projects, particularly in energy, logistics, tourism, and services.
In addition to infrastructure, the Plan places a strong emphasis on accelerating digital transformation in state management. Accordingly, the province will thoroughly apply digital solutions to provide comprehensive online public services for administrative procedures related to investment and land, ensuring a seamless, transparent, and efficient process.
The ultimate goal is to progressively develop Quang Tri into a hub for clean energy, tourism, and new services in the Central region. Looking toward 2045, Quang Tri strives to become a well-developed province, holding a prominent national position as a center for energy, logistics, and tourism.
Vneconomy-Nguyễn Thuấn
Da Nang takes significant steps in connecting semiconductor and AI enterprises
The Da Nang Semiconductor AI Center (DSAC) has hosted a conference to connect enterprises within the semiconductor and artificial intelligence (AI) sectors.
The conference served not only as a networking platform for businesses but also as a vital opportunity to shape the future of the technology industry in the central city of Da Nang.
A primary objective of the event was to strengthen the link between educational institutions, research institutes, and enterprises. This collaboration aims to attract and train high-quality human resources while simultaneously promoting technology transfer.
Speaking at the event, Mr. Le Son Phong, Deputy Director of the Da Nang Department of Science and Technology, emphasized the importance of the "Triple Helix" model—connecting the State, academia, and industry.
He said that this strategy is designed to align vocational training with practical demands and bridge the gap between research, application, and the market. This represents a significant milestone in developing the city’s operational model and connecting technology supply and demand.
According to reports presented at the conference, Da Nang focused heavily on the semiconductor and AI sectors in 2025, identifying them as "foundational technologies" that play a pioneering role in digital transformation and serve as engines for economic growth.
The city implements a range of policies, programs, and activities aimed at boosting international cooperation; expanding partnerships with both domestic and foreign enterprises; strengthening ties between schools, institutes, and the private sector to cultivate a high-tier workforce; and accelerating technology transfer to perfect and expand the semiconductor and AI ecosystem in the city.
Vneconomy-Ngô Anh Văn
Ninh Binh ramps up efforts to attract FDI from Singapore
Singapore will continue to expand its cooperation and investment in Ninh Binh, focusing on high-potential sectors such as tourism, industrial manufacturing, and the maritime economy.
Singaporean Ambassador to Vietnam,H.E. Rajpal Singh, said during a meeting with the Chairman of the Ninh Binh Provincial People’s Committee, Mr. Tran Huy Tuan, on February 5.
The ambassador noted that the Hai Long Industrial Park (VSIP Nam Dinh) Phase 1 is the 22nd VSIP project to be implemented in Vietnam, reflecting Singapore’s long-term commitment to partnering with Vietnamese localities for socio-economic development. In the coming time, Singapore will continue to encourage its businesses to explore opportunities in Ninh Binh—a province recognized for its significant development potential and favorable investment climate.
Mr. Tuan, for his part, said the localitty expects to increase delegation exchanges and learn from Singapore’s expertise in urban management, high-tech agriculture, and tourism.
The Chairman of the provincial People's Committee highlighted that Ninh Binh has maintained stable growth, with its economic structure shifting positively toward industry, construction, and services. Since 2022, the province has been budget-independent. It is gradually establishing itself as a major national automotive manufacturing hub while developing ecosystems for supporting industries, electronics, and manufacturing.
In 2025, Ninh Binh achieved an economic growth rate of 10.65%, ranking 3rd among 34 provinces and cities surveyed and exceeding the target set by the Prime Minister. The investment and business sector recorded positive signals, with 293 newly licensed projects, 508 adjusted projects, and 4,914 newly established enterprises with a total registered capital of VND115.7 trillion (over $4.45 billion).
Highly valuing the role of foreign investors, Mr. Tuan noted that Ninh Binh has attracted numerous projects from Singapore, Japan, South Korea, and others. Currently, the province hosts eight Singaporean-invested projects with a total registered capital of over $450 million, primarily in garments, electronic components, and industrial park infrastructure. Notably, the upcoming VSIP Ninh Binh project is expected to create a breakthrough in attracting high-quality FDI, following the success of the VSIP model in other localities.
Alongside industrial development, tourism remains a vital pillar in Ninh Binh’s long-term development strategy, he said.
Vneconomy-Nguyễn Thuấn
Da Nang lures $236m in investment in January
Central Da Nang City attracted more than VND6.18 trillion ($236 million) in investment in January, a 2.6-fold increase compared to the same period last year, according to local authorities.
During the month, the city licensed 11 new projects with total registered capital of VND2.703 trillion ($102 million).
Foreign direct investment (FDI) showed strong momentum, contributing $28.95 million in the first month of the year, up 6.4 times year-on-year. This included 10 newly licensed FDI projects with combined capital of $0.51 million, as well as eight existing FDI projects, with an additional investment capital of $23.75 million.
In the domestic sector, authorities approved capital increases for three projects, with total additional investment of VND3.479 trillion ($132.8 million).
Although the number of projects adjusting their capital declined compared to the same period in 2025, the scale of additional investment rose 38%, reflecting a trend toward expanding the scale and strengthening resources for ongoing projects. The figures signal continued investor confidence and a favourable investment climate in the city.
VnEconomy-Ngô Anh Văn
Vietnam and Canada launch AGILE project on climate change
Against the backdrop of unprecedented climate change challenges facing the global economy and that of Vietnam in particular, the Vietnamese Ministry of Finance, in collaboration with Global Affairs Canada, has officially launched the "Advancing Growth, Innovation and Leadership for Enterprises" (AGILE) project.
The AGILE project is designed with a five-year vision, focusing on strengthening the ecosystem for climate-related businesses, with a specific priority on gender-integrated and inclusive enterprises.
The project structure revolves around three main components:
First, strengthening the support ecosystem by focusing on capacity building for Entrepreneur Support Organizations (ESOs) and intermediaries. The goal is to empower these entities to provide high-quality advisory and training services to climate businesses. AGILE places a particular emphasis on enterprises operating in high-risk climate areas, such as the Mekong Delta and coastal regions, as well as women-led businesses.
Second, unlocking capital by deploying innovative financial mechanisms to boost investment in climate-impact enterprises. A highlight of this component is the development of a “Climate Tech Accelerator Track”—a specialized acceleration pathway for clean technology companies to help them access international investors.
Third, enhancing investor capacity. The project will work with investment funds and banks to integrate gender factors and climate metrics into their investment appraisal processes. This ensures that capital flows not only generate profit but also create positive social and environmental impacts.
AGILE will provide non-refundable grants (up to CAD150,000 or nearly $110,000) for high-risk stages of business development. These grants act as "seed capital," helping businesses perfect their technology, test business models, or prepare for fundraising. A prerequisite for this support is that the enterprise must mobilize matching funds from the private sector (commercial capital) at an expected ratio of up to 5:1.
Canadian Ambassador to Vietnam, H.E. Jim Nickel, stated that the Official Development Assistance (ODA) funds within the AGILE project will not operate in a traditional manner but will instead serve as a catalyst. The objective is to utilize this capital to share risks, thereby attracting much larger flows of private investment into the climate adaptation sector.
Vneconomy-Anh Nhi
National conference to disseminate, implement Party Congress's Resolution concludes
A national conference co-organised by the Politburo and the Secretariat of the Party Central Committee to disseminate and implement the Resolution of the 14th National Party Congress concluded on February 7 afternoon.
Participants listened to an important address by Party General Secretary To Lam, who outlined orientations, tasks and requirements for the Resolution implementation to turn it into action, action into results, and results into tangible improvements in people’s lives.
Responding to the General Secretary’s guidance, Mr. Trinh Van Quyet, Politburo member, Secretary of the Party Central Committee and Chairman of its Commission for Information, Education and Mass Mobilisation, underlined that immediately after the conference, Party committees and organisations at all levels must continue disseminating the Resolution, strengthen leadership and direction, and promptly organise implementation in an action-oriented manner.
He also stressed the need to promote strategic autonomy, self-reliance and confidence in advancing into the nation’s new era, creating a strong shift from “studying and disseminating” to “deep understanding, proper action and thorough implementation”.
Mr. Quyet noted that efforts should combine traditional communication methods with the effective application of science, technology and digital transformation while strengthening inspection and supervision to ensure practical effectiveness in dissemination, learning and implementation, with the determination to successfully Realise the resolution.
The hybrid event, with the main venue at the Dien Hong Hall of the National Assembly building, was connected with 31,097 sites of central agencies, provincial and commune-level localities, and Party organisations of the armed forces and businesses nationwide via videoconferencing, with more than 1.9 million participants. It was also broadcast live by Vietnam Television and Radio the Voice of Vietnam, as well as on digital platforms.
Through 10 topics, the conference focused on the key contents and new points in the documents of the 14th National Party Congress.
These topics include some new and core issues and experiences during 40 years of Doi moi (Renewal) identified in the documents of the 14th National Party Congress; the action plan for implementing the Congress Resolution; the review report on the Party building during the 13th National Congress term and on the 15-year implementation of the Party Statutes (2011–2025), directions, tasks, and measures for the Party building and the implementation of the Party Statutes during the 14th National Congress term; and an assessment of the five-year implementation of the 10-year socio-economic development strategy for 2021–2030 and the socio-economic development plan for 2026–2030.
Other items on the agenda include the promotion of the strength of great national solidarity in the cause of national construction, development and defence in the new era; the Congress’s new mindset and understanding on national defence and safeguarding; the Congress’s new mindset and understanding on national security; and the development of foreign relations in the new era commensurate with the country’s historical and cultural stature and position.
The remaining topics are the outline reviewing 100 years of the Party's leadership over the Vietnamese revolution (1930–2030), orientation for leadership over national development in the next 100 years (2030–2130) and a review of the 40-year implementation of the Platform on national construction during the transitional period to socialism; and the reform of the inspection and supervision work to help strengthen discipline and order to meet the requirements of tasks in the new context in accordance with the Resolution of the 14th National Party Congress. - (VNA)
VNA-
Party General Secretary To Lam urges shift from words to action, from awareness to implementation
Party General Secretary To Lam has called for a consistent and resolute shift in mindset from talk to action and from awareness to implementation to soon translate the Resolution of the 14th National Party Congress into tangible outcomes.
Addressing the national conference held on February 7 to disseminate and implement the Congress Resolution, the General Secretary stressed that all the country’s achievements have consistently been associated with periods in which correct policies were carried out resolutely and effectively.
Reflecting on 80 years of national development, particularly the four decades of Doi moi (renewal), the Party leader affirmed that the Party’s decision to pursue Doi moi was historically significant and forward-looking, grounded in the country’s realities and in the political resolve of a genuine revolutionary Party willing to confront the truth and innovate for the benefit of the people and the nation.
He stressed that the current task is not only to reaffirm the correctness of the path of Doi moi, but more importantly to pursue stronger, more decisive and more comprehensive innovation in development thinking, growth model and, in particular, implementation capacity.
The most fundamental bottleneck today lies not in policy direction but in the ability to translate policy into tangible development outcomes, he observed.
To meet the growing requirements of national development in the new period, General Secretary Lam requested a consistent and resolute shift in mindset from talk to action, and from awareness to implementation.
The congress documents highlight the need to firmly address shortcomings such as “talking more than doing”, “speaking well but performing poorly”, and “failing to match words with actions”, while putting an end to bureaucratic and formalistic working practices.
Each Party committee, Party organisation, cadre, and Party member, particularly leaders, must demonstrate a high sense of responsibility and take the lead in turning policies into reality, he stated.
The Resolution of the 14th Congress sets strategic development goals for the new period and demands stronger capacity to translate these goals into specific and measurable results that directly benefit the people.
In this regard, the General Secretary identified five decisive priorities in implementing the Resolution. They are improving the capacity to institutionalise the Resolution into policies and laws; reforming implementation methods and strengthening enforcement discipline; taking development effectiveness and public satisfaction as the highest measure of success; building a contingent of cadres capable of organising implementation and daring to think, act, and bear responsibility for the common good; and linking the Congress implementation with the reform of the Party's leadership methodology and the improvement of national governance efficiency.
He underlined that in the new stage of development, discipline and responsibility must be placed first. Task allocation must be accompanied by clear mechanisms for inspection, evaluation and accountability.
Organisational and personnel weaknesses must not be allowed to slow national progress, he said, noting that time is a vital and non-renewable development resource, and delays in implementation risk wasting resources and missing opportunities for development.
The country’s future development, he added, will depend greatly on the sense of responsibility, political resolve and capacity for action of each Party committee, Party organisation, cadre and Party member, especially those in leadership positions, the leader stated.
He requested that following the conference, Party committees, authorities, the Vietnam Fatherland Front committees and socio-political organisations promptly translate the Resolution into action plans suited to their functions and practical conditions, identify immediate priorities and breakthrough tasks, and ensure that commitments are followed through with concrete results. – (VNA)
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