Vietnam News
MoIT proposes five major policy groups for amended Petroleum Law
The Ministry of Justice has officially released the dossier for the appraisal of the draft amended Petroleum Law, with the Ministry of Industry and Trade (MoIT) serving as the lead drafting agency.
As the nation enters a new era of development, the MoIT emphasizes that further upgrading the 2022 Petroleum Law is essential to meet new requirements and drive the industry forward effectively.
The primary objective of the proposed changes is to enhance the law’s feasibility, ensure consistency within the national legal system, and improve the efficiency of state management over petroleum activities.
Central to these policies is the protection of the legitimate rights and interests of contractors, investors, and organizations. By creating a more streamlined and favorable legal corridor, the government aims to support the Vietnam Oil and Gas Group (PVN), industry enterprises, and investors in conducting basic surveys and operations while simultaneously attracting more foreign and private investment into the sector.
To achieve these goals, the MoIT has proposed focusing on five major policy groups.
The first group aims to perfect and simplify administrative procedures while decentralizing the appraisal and approval process for petroleum surveys and activities to increase responsiveness.
The second policy group focuses on refining regulations governing petroleum contracts. These amendments are intended to resolve unique practical challenges encountered in Vietnam and introduce new provisions for emerging issues currently unaddressed by existing laws, thereby fostering a more conducive environment for industry operations.
The third policy pillar seeks to expand and refine investment incentives. This includes revising provisions for marginal fields, petroleum projects utilizing enhanced oil recovery techniques, and carbon capture and storage initiatives.
The fourth policy group introduces mechanisms to develop the broader petroleum value chain, specifically targeting high-tech technical services and offshore energy development.
Finally, the fifth policy group establishes a regulatory framework for greenhouse gas emission reductions and carbon capture and storage within the petroleum sector.
Vneconomy-Đỗ Mến
Vietnam Airlines increases night flights during Tet holiday
Vietnam Airlines will operate more than 1,300 night flights from February 1 to March 3, providing nearly 300,000 seats to meet surging travel demand during the Lunar New Year (Tet) holiday, the national flag carrier has announced.
The number of night flights represents a 3% increase compared to the previous Tet season and accounts for about 16.6% of the airline’s total flights during the period.
Night services—departing after 21:00 and before 5:00—will focus on key domestic routes, including Hanoi/Ho Chi Minh City–Da Nang, Ho Chi Minh City–Hai Phong/Vinh/Tho Xuan, Ho Chi Minh City–Hue/Cam Ranh, and Ho Chi Minh City–Buon Ma Thuot.
During the peak travel period, flight frequencies on each route are expected to rise by an average of one to two additional daily round trips compared with normal operations, offering passengers more travel options and easing congestion during daytime slots.
Earlier, the Civil Aviation Authority of Vietnam (CAAV) requested relevant agencies to coordinate the operation of night flights at six airports from February 1 to March 1. These include Tho Xuan, Dong Hoi, Chu Lai, Phu Cat, Pleiku, and Tuy Hoa, where operating hours have been extended to boost night-time capacity while ensuring safe and efficient operations during the peak period.
VnEconomy-Tuấn Khang
MoIT designated as focal point for three major FTAs
To ensure the effective and synchronized implementation of international commitments, Deputy Prime Minister Bui Thanh Son has signed key decisions clearly assigning the roles and responsibilities of ministries and sectors in executing three major new-generation free trade agreements (FTAs) to which Vietnam is a member.
Under Prime Ministerial Decisions No. 126/QD-TTg, 127/QD-TTg, and 128/QD-TTg, the Ministry of Industry and Trade (MoIT) will take the lead in overseeing the EU-Vietnam Free Trade Agreement (EVFTA), the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and the UK-Vietnam Free Trade Agreement (UKVFTA).
In this capacity, the ministry is tasked with coordinating implementation efforts across various government bodies, synthesizing progress reports for the Prime Minister, and managing technical assistance proposals from international partners.
The MoIT will also represent Vietnam in various committees and working groups, particularly concerning emerging issues within the CPTPP framework.
To ensure a deep and comprehensive implementation of the agreements, the government has detailed specific responsibilities for various ministries across the different chapters of each agreement.
For the EVFTA, the coordination is designed to maximize benefits from the European market, with the MoIT handling trade remedies, non-tariff barriers in renewable energy, competition policy, and state-owned enterprises.
Meanwhile, the Ministry of Finance will oversee customs procedures and government procurement, while the Ministry of Science and Technology focuses on technical barriers to trade and industrial property. Agricultural market access and sanitary and phytosanitary measures remain under the purview of the Ministry of Agriculture and Environment.
Regarding the CPTPP, which requires a diverse range of participation, the MoIT is responsible for cross-border services, competition, trade remedies, and dispute settlement.
The Ministry of Finance manages tariffs, customs, and data on state-owned enterprises, while the Ministry of Home Affairs has been assigned to lead labor-related matters.
The implementation framework for the UKVFTA largely follows the structure of the EVFTA, with specific adjustments made to reflect the unique bilateral trade relationship and characteristics between Vietnam and the United Kingdom.
Vneconomy-Song Hà
Domestic gold prices plunge after hitting record high
Domestic gold prices fell sharply on January 22, a day after hitting a record high, in line with the global trend.
Prices of SJC-branded gold bars dropped by VND1.8 million ($68.4) per tael from the previous day to VND166.7 million ($6,338) per tael for buying and VND168.7 million ($6,414) per tael for selling.
One tael is equivalent to 37.5 grams, or about 1.2 ounces.
Gold ring prices also declined, falling by VND1.3 million per tael to VND164.6 million per tael for buying and VND167.1 million per tael for selling.
On the global market, gold prices edged down 0.75% to $4,794.9 per ounce. At this level, domestic gold prices remained about VND14.64 million ($556) per tael higher than international prices.
VnEconomy-Mai Nhi
Remittances to HCM City top $10.34 bln in 2025
Remittances to Ho Chi Minh City reached an estimated $10.34 billion in 2025, up 8.3% year-on-year, according to the State Bank of Vietnam’s Region 2 Branch.
Of the figure, the amount transferred through remittance companies stood at nearly $7.43 billion, accounting for 71.8% of the total, while nearly $2.92 billion transferred through commercial banks, equal to 28.2%.
By region, remittances from Asia continued to make up the largest share with 48.9%, followed by America with 31.9%, Europe 8.9%, and Oceania 8.6%.
Last year, total remittances to HCM City exceeded $9.54 billion, with Asia and America accounting for 82.2% of the total.
VnEconomy-Minh Huy
List of members of 14th Party Central Committee announced
The 14th National Congress of the Communist Party of Vietnam on January 22 afternoon announced the election results and approved the list of 200 newly-elected members of the 14th Party Central Committee, including 180 official members and 20 alternate members.
Following is the full list of newly-elected official members of the 14th Party Central Committee:
1. To Lam, General Secretary of the Party Central Committee, Secretary of the Central Military Commission
2. Dao Tuan Anh, Lieutenant General, Deputy Secretary of the Party Committee, Commander of Army Corps 34, the Ministry of National Defence
3. Tran Van Bac, Major General, Deputy Secretary of the Party Committee, Commander of Military Region 2, the Ministry of National Defence
4. Do Thanh Binh, Member of the Party Central Committee, Member of the Standing Board of the Government’s Party Committee, Minister of Home Affairs, Vice Chairman of the Party Central Committee’s Organisation Commission
5. Le Hai Binh, Alternate Member of the Party Central Committee, Member of the Standing Board of the Party Committee, Vice President of the Ho Chi Minh National Academy of Politics
6. Doan Xuan Buong, Major General, Secretary of the Party Committee, Political Commissar of Military Region 4, the Ministry of National Defence
7. Do Van Chien, Member of the Political Bureau, Standing Deputy Secretary of the Party Committee of the National Assembly, Standing Vice Chairman of the National Assembly
8. Hoang Duy Chinh, Member of the Party Central Committee, Member of the Standing Board of the Party Committee of the National Assembly, Member of the National Assembly’s Standing Committee, Standing Vice Chairman of the National Assembly's Council for Ethnic Affairs
9. Nguyen Tan Cuong, Member of the Party Central Committee, Member of the Standing Board of the Central Military Commission, General, Chief of the General Staff of the Vietnam People's Army, Deputy Minister of National Defence
10. Nguyen Manh Cuong, Member of the Party Central Committee, Standing Deputy Secretary of the Party Committee and Deputy Minister of Foreign Affairs
11. Nguyen Hong Dien, Member of the Party Central Committee, Deputy Secretary of the National Assembly’s Party Committee
12. Dang Van Dung, Member of the Party Committee of Central Party Agencies, Vice Chairman of the Party Central Committee’s Commission for Internal Affairs
13. Doan Anh Dung, Vice Chairman of the Party Central Committee’s Inspection Commission
14. Hoang Trung Dung, Member of the Party Central Committee, Vice Chairman of the Party Central Committee’s Organisation Commission
15. Ho Quoc Dung, Member of the Party Central Committee, Member of the Standing Board of the Government Party Committee, Deputy Prime Minister
16. Nguyen Khac Dinh, Member of the Party Central Committee, Member of the Standing Board of the National Assembly’s Party Committee, Vice Chairman of the National Assembly
17. Luong Quoc Doan, Member of the Standing Board of the Party Committee of the Vietnam Fatherland Front and Central Mass Organisations, Vice President of the Vietnam Fatherland Front Central Committee, Chairman of the Vietnam Farmers' Association
18. Nguyen Quoc Doan, Standing Deputy Secretary of the Party Committee, Standing Deputy Inspector-General of the Government Inspectorate
19. Nguyen Huu Dong, Member of the Standing Board of the National Assembly’s Party Committee, Member of the National Assembly’s Standing Committee, Chairman of the National Assembly's Committee for Deputy Affairs, Vice Chairman of the Party Central Committee’s Organisation Commission
20. Dang Hong Duc, Member of the Standing Board of the Central Public Security Party Committee, Lieutenant General, Deputy Minister of Public Security
21. Nguyen Quang Duc, Deputy Secretary of the Party Committee, Vice Chairman of the Party Central Committee’s Commission for Information, Education and Mass Mobilisation
22. Nguyen Van Gau, Member of the Party Central Committee, Member of the Central Military Commission, Senior Lieutenant General, Deputy Minister of National Defence
23. Phan Van Giang, Member of the Political Bureau, Member of the Standing Board of the Government’s Party Committee, Deputy Secretary of the Central Military Commission, General, Minister of National Defence
24. Nguyen Thi Thu Ha, Member of the Party Central Committee, Member of the Standing Board of the Party Committee of Central Party Agencies, Standing Deputy Chief of the Party Central Committee’s Office
25. Vu Hai Ha, Member of the Party Central Committee, Member of the National Assembly’s Standing Committee, Deputy Secretary of the National Assembly’s Party Committee
26. Le Khanh Hai, Member of the Party Central Committee, Member of the Standing Board of the Party Committee of Central Party Agencies, Chairman of the Presidential Office
27. Le Ngoc Hai, Lieutenant General, Deputy Secretary of the Party Committee, Commander of Military Region 5, the Ministry of National Defence
28. Ngo Dong Hai, Member of the Party Central Committee, Vice Chairman of the Party Central Committee’s Commission for Education, Information and Mass Mobilisation
29. Nguyen Long Hai, Alternate Member of the Party Central Committee, Standing Deputy Secretary of the Party Committee of Central Party Agencies
30. Nguyen Thanh Hai, Member of the Party Central Committee, Member of the Standing Board of the National Assembly’s Party Committee, Member of the 15th National Assembly’s Standing Committee, Chairwoman of the National Assembly’s Committee for Science, Technology and Environment
31. Nguyen Van Hien, Member of the Party Central Committee, Member of the Central Military Commission, Senior Lieutenant General, Deputy Minister of National Defence
32. Tran Thi Hien, Member of the Standing Board of the Party Committee of Central Party Agencies, Vice Chairwoman of the Party Central Committee’s Inspection Commission
33. Nguyen Sy Hiep, Permanent Deputy Secretary of the Party Committee and Vice Chairman of the Government Office
34. Phan Chi Hieu, Member of the Standing Board of the Party Committee of the Ministry of Justice, Deputy Minister of Justice
35. Bui Thi Minh Hoai, Member of the Political Bureau, Secretary of the Party Central Committee, Secretary of the Party Committee of the Vietnam Fatherland Front and Central Mass Organisations, President of the Vietnam Fatherland Front Central Committee
36. Nguyen Thi Hong, Member of the Party Central Committee, Member of the Government's Party Committee, Governor of the State Bank of Vietnam
37. Doan Minh Huan, Member of the Party Central Committee, Permanent Deputy Secretary of the Party Committee and Permanent Vice President of the Ho Chi Minh National Academy of Politics
38. Le Manh Hung, Member of the Government's Party Committee, Acting Minister of Industry and Trade
39. Le Quoc Hung, Member of the Party Central Committee, Member of the Standing Board of the Central Public Security Party Committee, Senior Lieutenant General, Deputy Minister of Public Security
40. Bui Quang Huy, Alternate Member of the Party Central Committee, Member of the Standing Board of the Party Committee of the Vietnam Fatherland Front and Central Mass Organisations, Vice President of the Vietnam Fatherland Front Central Committee, First Secretary of the Ho Chi Minh Communist Youth Union Central Committee
41. Duong Quoc Huy, Member of the Standing Board of the Party Committee and Deputy Inspector General of the Government Inspectorate
42. Le Minh Hung, Member of the Political Bureau, Secretary of the Party Central Committee, Chairman of the Party Central Committee’s Organisation Commission
43. Nguyen Duc Hung, Lieutenant General, Secretary of the Party Committee and Political Commissar of Military Region 3, the Ministry of National Defence
44. Tran Tien Hung, Member of the Party Central Committee, Deputy Chairman of the Party Central Committee’s Inspection Commission
45. Nguyen Dinh Khang, Member of the Party Central Committee, Member of the Standing Board of the Party Committee of the Vietnam Fatherland Front and Central Mass Organisations, Vice President of the Vietnam Fatherland Front Central Committee, President of the Vietnam General Confederation of Labour
46. Tran Viet Khoa, Member of the Party Central Committee, Member of the Central Military Commission, Senior Lieutenant General, Deputy Secretary of the Party Committee and Director of the National Defence Academy, the Ministry of National Defence
47. Vu Trung Kien, Lieutenant General, Deputy Secretary of the Party Committee and Commander of the Border Guard Force, the Ministry of National Defence
48. Dao Hong Lan, Member of the Party Central Committee, Member of the Government Party Committee, Minister of Health
49. Nguyen Ngoc Lam, Member of the Standing Board of the Central Public Security Party Committee, Senior Lieutenant General, Deputy Minister of Public Security
50. Nguyen Thanh Lam, Member of the Government Party Committee, General Director of Vietnam Television
51. Tran Thanh Lam, Vice Chairman of the Party Central Committee's Commission for Information, Education and Mass Mobilisation
52. Trinh Manh Linh, Vice Chairman of the Party Central Committee’s Organisation Commission
53. Nguyen Hong Linh, Member of the Party Central Committee, Vice Chairman of the Party Central Committee's Inspection Commission
54. Nguyen Phi Long, Alternate Member of the Party Central Committee, Deputy Secretary of the Party Committee of the Vietnam Fatherland Front and Central Mass Organisations
55. Nguyen Van Long, Member of the Standing Board of the Central Public Security Party Committee, Senior Lieutenant General, Deputy Minister of Public Security
56. Le Van Loi, Member of the Government Party Committee, President of the Vietnam Academy of Social Sciences
57. Nguyen Thi Thanh Mai, Secretary of the Party Committee and Director of the Vietnam National University, Ho Chi Minh City
58. Phan Van Mai, Member of the Party Central Committee, Member of the Standing Board of the National Assembly Party Committee, Chairman of the 15th National Assembly’s Committee for Economic and Financial Affairs
59. Le Quang Manh, Member of the Party Central Committee, Member of the Standing Board of the National Assembly Party Committee, Member of the Standing Committee of the National Assembly, General Secretary - Chairman of the National Assembly Office
60. Lam Van Man, Member of the Party Central Committee, Member of the Standing Board of the National Assembly Party Committee, Member of the Standing Committee of the National Assembly, Chairman of the 15th National Assembly's Council for Ethnic Affairs
61. Tran Thanh Man, Member of the Political Bureau, Secretary of the National Assembly Party Committee, Chairman of the National Assembly
62. Le Quoc Minh, Member of the Party Central Committee, Member of the Standing Board of the Party Committee of the Central Party Agencies, Editor-in-Chief of Nhan Dan Newspaper, Vice Chairman of the Party Central Committee's Commission for Information, Education and Mass Mobilisation, Chairman of the Vietnam Journalists’ Association
63. Tran Hong Minh, Member of the Party Central Committee, Member of the Government's Party Committee, Minister of Construction
64. Pham Hoai Nam, Member of the Party Central Committee, Member of the Central Military Commission, Senior Lieutenant General, Deputy Minister of National Defence
65. Ha Thi Nga, Member of the Party Central Committee, Permanent Deputy Secretary of the Party Committee of the Vietnam Fatherland Front and central mass organisations, Vice President - General Secretary of the Central Committee of the Vietnam Fatherland Front
66. Le Thi Nga, Member of the Party Central Committee, Member of the Standing Board of the National Assembly Party Committee, Member of the National Assembly Standing Committee, Permanent Vice Chairwoman of the 15th National Assembly's Committee for People’s Aspirations and Supervision
67. Nguyen Thanh Nghi, Member of the Party Central Committee, Chairman of the Party Central Committee's Commission for Policies and Strategies
68. Nguyen Trong Nghia, Member of the Political Bureau, Secretary of the Party Central Committee, Member of the Standing Board of the Central Military Commission, General, Chairman of the General Department of Politics of the Vietnam People’s Army
69. Bui Van Nghiem, Member of the Party Central Committee, Vice Chairman of the Party Central Committee's Commission for Internal Affairs
70. Tran Thanh Nghiem, Member of the Party Central Committee, Member of the Central Military Commission, Vice Admiral, Commander of the Naval Service, the Ministry of National Defence
71. Nguyen Quang Ngoc, Member of the Party Central Committee, Member of the Central Military Commission, Senior Lieutenant General, Deputy Minister of National Defence
72. Nguyen Thi Bich Ngoc, Standing Deputy Secretary of the Party Committee, Deputy Minister of Finance
73. Chiem Thong Nhat, Major General, Deputy Commander and Chief of Staff of Military Region 9, the Ministry of National Defence
74. Nguyen Hai Ninh, Member of the Party Central Committee, Member of the Government’s Party Committee, Minister of Justice
75. La Cong Phuong, Lieutenant General, Secretary of the Party Committee, Political Commissar of Military Region 1, the Ministry of National Defence
76. Le Hong Quang, Member of the Party Central Committee, Vice Chairman of the Party Central Committee’s Commission for Internal Affairs
77. Luong Tam Quang, Member of the Political Bureau, Member of the Standing Board of the Government’s Party Committee, Secretary of the Central Public Security Party Committee, General, Minister of Public Security
78. Nguyen Van Quang, Member of the Party Central Committee, Secretary of the Party Committee, Chief Justice of the Supreme People's Court
79. Vu Hai Quan, Member of the Party Central Committee, Permanent Deputy Secretary of the Party Committee, Permanent Deputy Minister of Science and Technology
80. Thai Thanh Quy, Member of the Party Central Committee, Member of the Standing Board of the Party Committee of Central Party Agencies, Standing Vice Chairman of the Party Central Committee's Commission for Policies and Strategies
81. Trinh Van Quyet, Secretary of the Party Central Committee, Chairman of the Party Central Committee’s Commission for Information, Education, and Mass Mobilisation
82. Hoang Minh Son, Secretary of the Party Committee, President of the Vietnam National University, Hanoi
83. Nguyen Kim Son, Member of the Party Central Committee, Member of the Government's Party Committee, Minister of Education and Training
84. Vu Hong Son, Lieutenant General, Deputy Secretary of the Party Committee, Commander of the Air Defence–Air Force Service, the Ministry of National Defence
85. Do Tien Sy, Member of the Party Central Committee, Member of the Standing Board of the Government’s Party Committee, General Director of the Voice of Vietnam
86. Nguyen Thanh Tam, Member of the Party Central Committee, Vice Chairman of the Party Central Committee’s Organisation Commission
87. Le Duc Thai, Member of the Party Central Committee, Member of the Central Military Commission, Senior Lieutenant General, Deputy Minister of National Defence
88. Tran Hong Thai, Permanent Deputy Secretary of the Party Committee, Standing Vice President of Vietnam Academy of Science and Technology
89. Lam Thi Phuong Thanh, Member of the Party Central Committee, Standing Deputy Secretary of the Party Committee, Standing Deputy Minister of Culture, Sports and Tourism
90. Nguyen Thi Thanh, Member of the Party Central Committee, Member of the Standing Board of the National Assembly’s Party Committee, Vice Chairwoman of the National Assembly
91. Tran Sy Thanh, Member of the Party Central Committee and Chairman of the Party Central Committee’s Inspection Commission
92. Dinh Huu Thanh, Deputy Chairman of the Party Central Committee’s Inspection Commission
93. Nguyen Truong Thang, Member of the Party Central Committee, Member of the Central Military Commission, Senior Lieutenant General, Deputy Minister of National Defence
94. Nguyen Van Thang, Member of the Party Central Committee, Member of the Government Party Committee, Minister of Finance
95. Pham Tat Thang, Member of the Party Central Committee, Member of the Party Committee of the Central Party Agencies, Deputy Chairman of the Party Central Committee’s Commission for Information, Education and Mass Mobilisation
96. Tao Duc Thang, Lieutenant General, Deputy Secretary of the Party Committee, Chairman and General Director of Military Industry and Telecommunications Group
97. Tran Duc Thang, Member of the Party Central Committee, Member of the Government's Party Committee and Minister of Agriculture and Environment
98. Le Xuan The, Lieutenant General, Deputy Secretary of Party Committee, Commander of Military Region 7, the Ministry of National Defence
99. Le Xuan Thuan, Major General, Deputy Secretary of Party Committee, Commander of Military Region 12, the Ministry of National Defence
100. Le Thi Thuy, Member of the Party Central Committee, Deputy Secretary of the Government’s Party Committee
101. Nguyen Huy Tien, Member of the Standing Board of the Party Committee of Central Party Agencies, Prosecutor-General of the Supreme People’s Procuracy
102. Dang Khanh Toan, Permanent Deputy Secretary of the Party Committee, Deputy Chief of the Party Central Committee’s Office
103. Truong Thien To, Senior Lieutenant General, Deputy Director of the General Department of Politics of the Vietnam People's Army
104. Le Tan Toi, Member of the Party Central Committee, Member of the Standing Board of the National Assembly's Party Committee, Chairman of the National Assembly's Committee for National Defence, Security and Foreign Affairs
105. Pham Thi Thanh Tra, Member of the Party Central Committee, Member of the Standing Board of the Government’s Party Committee, Deputy Prime Minister
106. Nguyen Hai Tram, Member of the Standing Board of the Party Committee of Central Party Agencies, Standing Deputy Secretary of the Party Committee of the Supreme People’s Court
107. Le Minh Tri, Secretary of the Party Central Committee, Standing Vice Chairman of the Party Central Committee's Commission for Internal Affairs
108. Ha Quoc Tri, Vice Chairman of the Party Central Committee’s Inspection Commission
109. Le Hoai Trung, Secretary of the Party Central Committee, Member of the Standing Board of the Government’s Party Committee, Minister of Foreign Affairs
110. Tran Cam Tu, Member of the Political Bureau, Permanent Member of the Party Central Committee's Secretariat, Secretary of the Party Committee of Central Party Agencies
111. Ngo Van Tuan, Member of the Party Central Committee, Member of the Standing Board of the National Assembly’s Party Committee, Auditor-General of the State Audit Office of Vietnam
112. Nguyen Anh Tuan, Member of the Party Central Committee, Vice Chairman of the Party Central Committee’s Commission for Policies and Strategies
113. Pham Gia Tuc, Member of the Party Central Committee, Chief of the Party Central Committee’s Office
114. Hoang Thanh Tung, Member of the Party Central Committee, Member of the Standing Board of the National Assembly’s Party Committee, Member of the National Assembly’s Standing Committee, Chairman of the National Assembly’s Committee for Legal and Judicial Affairs
115. Pham The Tung, Member of the Standing Board of the Central Public Security Party Committee, Senior Lieutenant General, Deputy Minister of Public Security
116. Do Xuan Tung, Senior Lieutenant General, Vice Chairman of the General Department of Politics of the Vietnam People’s Army
117. Le Van Tuyen, Member of the Standing Board of the Central Public Security Party Committee, Senior Lieutenant General, Deputy Minister of Public Security
118. Nguyen Thi Tuyen, Member of the Party Central Committee, Member of the Standing Board of the Party Committee of the Vietnam Fatherland Front and Central Mass Organisations, Vice Chairwoman of the Vietnam Fatherland Front Central Committee, President of the Vietnam Women's Union
119. Bui Thi Quynh Van, Member of the Party Central Committee, Secretary of the Party Committee, Vice Chairwoman of the Party Central Committee’s Organisation Commission
120. Nguyen Dac Vinh, Member of the Party Central Committee, Member of the Standing Board of the National Assembly’s Party Committee, Member of the National Assembly’s Standing Committee, Chairman of the 15th National Assembly’s Committee for Cultural and Social Affairs
121. Nguyen Minh Vu, Alternate Member of the Party Central Committee, Deputy Secretary of the Party Committee, Permanent Deputy Minister of Foreign Affairs
122. Vo Thi Anh Xuan, Member of the Party Central Committee, Vice State President
123. Duong Trung Y, Member of the Standing Board of the Party Committee of Central Party Agencies, Editor-in-Chief of the Communist Review
124. Cao Thi Hoa An, Permanent Deputy Secretary of the Party Committee, Chairwoman of the People's Council of Dak Lak Province
125. Phan Thang An, Secretary of the Party Committee of Cao Bang Province
126. Nguyen Doan Anh, Member of the Party Central Committee, Secretary of the Party Committee of Thanh Hoa Province
127. Nguyen Hoai Anh, Alternate Member of the Party Central Committee, Deputy Secretary of the Party Committee of Thanh Hoa Province, Chairman of the People's Committee of Thanh Hoa Province
128. Pham Duc An, Deputy Secretary of the Party Committee, Chairman of the People's Committee of Da Nang City
129. Le Ngoc Chau, Deputy Secretary of the Party Committee, Chairman of the People's Committee of Hai Phong City
130. Le Tien Chau, Member of the Party Central Committee, Secretary of the Party Committee of Hai Phong City, Head of the Delegation of 15th National Assembly Deputies of Hai Phong City
131. Ngo Chi Cuong, Member of the Party Central Committee, Secretary of the Party Committee, Head of the Delegation of 15th National Assembly Deputies of Dong Thap Province
132. Quan Minh Cuong, Secretary of the Party Committee, Head of the Delegation of 15th National Assembly Deputies of Quang Ninh Province
133. Tran Tien Dung, Secretary of the Party Committee of Dien Bien Province
134. Pham Dai Duong, Member of the Party Central Committee, Secretary of the Party Committee of Phu Tho Province
135. Nguyen Trong Dong, Deputy Secretary of the Party Committee of Hanoi City
136. Nguyen Van Duoc, Member of the Party Central Committee, Deputy Secretary of the Party Committee, Chairman of the People's Committee of Ho Chi Minh City
137. Nguyen Hoang Giang, Deputy Secretary of the Party Committee, Chairman of the People's Committee of Quang Ngai Province
138. Nguyen Ho Hai, Secretary of the Party Committee of Ca Mau Province
139. Nguyen Tien Hai, Member of the Party Central Committee, Secretary of the Party Committee of An Giang Province
140. Ton Ngoc Hanh, Alternate Member of the Party Central Committee, Standing Deputy Secretary of the Party Committee, Chairwoman of the People's Council of Dong Nai Province
141. Nguyen Manh Hung, Permanent Deputy Secretary of the Party Committee and Chairman of the People's Council of Tay Ninh Province
142. Trinh Viet Hung, Alternate Member of the Party Central Committee, Secretary of the Party Committee and Chairman of the People's Council of Lao Cai Province
143. Y Thanh Ha Nie Kdam, Member of the Party Central Committee, Secretary of the Party Committee and Head of the Delegation of 15th National Assembly Deputies of Lam Dong Province
144. Hoang Quoc Khanh, Secretary of the Party Committee of Lang Son Province
145. Nguyen Duy Lam, Secretary of the Party Committee of Ha Tinh Province
146. Tran Van Lau, Secretary of the Party Committee of Vinh Long Province
147. Hau A Lenh, Member of the Party Central Committee, Secretary of the Party Committee of Tuyen Quang Province
148. Nguyen Phuoc Loc, Deputy Secretary of the Party Committee and President of the Vietnam Fatherland Front Committee of Ho Chi Minh City
149. Vo Van Minh, Deputy Secretary of the Party Committee and Chairman of the People's Council of Ho Chi Minh City
150. Ho Van Mung, Alternate Member of the Party Central Committee, Deputy Secretary of the Party Committee and Chairman of the People's Committee of An Giang Province
151. Ho Van Muoi, Deputy Secretary of the Party Committee and Chairman of the People's Committee of Lam Dong Province
152. Le Minh Ngan, Secretary of the Party Committee of Lai Chau Province
153. Nguyen Huu Nghia, Member of the Party Central Committee, Secretary of the Party Committee of Hung Yen Province
154. Hoang Van Nghiem, Secretary of the Party Committee and Head of the Delegation of 15th National Assembly Deputies of Son La Province
155. Nguyen Duy Ngoc, Member of the Political Bureau, Secretary of the Party Committee of Hanoi City
156. Pham Quang Ngoc, Deputy Secretary of the Party Committee and Chairman of the People's Committee of Hung Yen Province
157. Thai Dai Ngoc, Member of the Party Central Committee, Secretary of the Party Committee of Gia Lai Province
158. Ho Van Nien, Member of the Party Central Committee, Secretary of the Party Committee of Quang Ngai Province
159. Dang Xuan Phong, Member of the Party Central Committee, Secretary of the Party Committee and Head of the Delegation of 15th National Assembly Deputies of Ninh Binh Province
160. Le Quoc Phong, Member of the Party Central Committee, Permanent Deputy Secretary of the Party Committee of Ho Chi Minh City
161. Tran Phong, Deputy Secretary of the Party Committee and Chairman of the People’s Committee of Khanh Hoa Province
162. Nguyen Van Phuong, Secretary of the Party Committee of Quang Tri Province
163. Le Ngoc Quang, Member of the Party Central Committee, Secretary of the Party Committee of Da Nang City
164. Tran Luu Quang, Secretary of the Party Central Committee, Secretary of the Party Committee of Ho Chi Minh City
165. Nguyen Van Quyet, Secretary of the Party Committee of Tay Ninh Province
166. Nguyen Hong Thai, Member of the Party Central Committee, Secretary of the Party Committee of Bac Ninh Province
167. Dong Van Thanh, Permanent Deputy Secretary of the Party Committee and Chairman of the People’s Council of Can Tho City
168. Nghiem Xuan Thanh, Member of the Party Central Committee, Secretary of the Party Committee of Khanh Hoa Province
169. Vu Dai Thang, Member of the Party Central Committee, Deputy Secretary of the Party Committee and Chairman of the People’s Committee of Hanoi City
170. Nguyen Khac Than, Secretary of the Party Committee of Nghe An Province
171. Nguyen Khac Toan, Deputy Secretary of the Party Committee and Chairman of the People’s Committee of Hue City
172. Luong Nguyen Minh Triet, Alternate Member of the Party Central Committee, Secretary of the Party Committee of Dak Lak Province
173. Nguyen Dinh Trung, Member of the Party Central Committee, Secretary of the Party Committee of Hue City
174. Trinh Xuan Truong, Secretary of the Party Committee of Thai Nguyen Province
175. Pham Anh Tuan, Deputy Secretary of the Party Committee and Chairman of the People’s Committee of Gia Lai Province
176. Tran Huy Tuan, Deputy Secretary of the Party Committee and Chairman of the People’s Committee of Ninh Binh Province
177. Vuong Quoc Tuan, Alternate Member of the Party Central Committee, Deputy Secretary of the Party Committee and Chairman of the People’s Committee of Thai Nguyen Province
178. Le Quang Tung, Member of the Party Central Committee, Secretary of the Party Committee of Can Tho City
179. Vu Hong Van, Secretary of the Party Committee and Head of the Delegation of 15th National Assembly Deputies of Dong Nai Province
180. Ho Thi Hoang Yen, Permanent Deputy Secretary of the Party Committee of Vinh Long Province
Following is the full list of newly-elected alternate members of the 14th Party Central Committee:
1. Nguyen Hai Anh, Colonel, Deputy Commander of Army Corps 12, the Ministry of National Defence
2. Nguyen Tuan Anh, Deputy Secretary of the Party Committee of Lai Chau Province
3. Nguyen Manh Cuong, Member of the Standing Board of the Party Committee and Vice Chairman of the People’s Committee of Ho Chi Minh City
4. Bui Quoc Dung, Member of the Standing Board of the Party Committee and Deputy Auditor General of the State Audit Office of Vietnam
5. Nguyen Huy Dung, Member of the Central Steering Committee for Science – Technology Development, Innovation and Digital Transformation
6. Nguyen Minh Dung, Deputy Secretary of the Party Committee and Chairman of the People’s Council of Vinh Long Province
7. Bui The Duy, Alternate Member of the Party Central Committee, Deputy Secretary of the Party Committee and Vice President of the Vietnam Academy of Science and Technology
8. Tran Duy Dong, Deputy Secretary of the Party Committee and Chairman of the People’s Committee of Phu Tho Province
9. Vu Manh Ha, Alternate Member of the Party Central Committee, Permanent Deputy Secretary of the Party Committee and Permanent Deputy Minister of Health
10. Le Hai Hoa, Deputy Secretary of the Party Committee and Chairman of the People’s Committee of Cao Bang Province
11. U Huan, Alternate Member of the Party Central Committee, Permanent Deputy Secretary of the Party Committee, Head of the Delegation of the 15th National Assembly Deputies and President of the Vietnam Fatherland Front Committee of Quang Ngai Province
12. Do Huu Huy, Deputy Secretary of the Party Committee of Dak Lak Province
13. Nguyen Hong Phong, Permanent Deputy Secretary of the Party Committee of Thanh Hoa Province
14. Bui Hoang Phuong, Member of the Standing Board of the Party Committee, Deputy Minister of Science and Technology
15. Tran Quan, Director of the State Treasury, the Ministry of Finance
16. Tran Dang Quynh, Major General, Assistant to the Party General Secretary, seconded officer of the People’s Public Security
17. Nguyen Minh Triet, Permanent Deputy Secretary of the Party Committee and Permanent Secretary of the Ho Chi Minh Communist Youth Union Central Committee, President of the Vietnamese Students’ Association Central Committee
18. Ho Xuan Truong, Permanent Deputy Secretary of the Party Committee of Khanh Hoa Province
19. Bui Anh Tuan, Assistant to the Member of the Political Bureau, Permanent Member of the Party Central Committee’s Secretariat
20. Mua A Vang, Alternate Member of the Party Central Committee, Deputy Secretary of the Party Committee and President of the Vietnam Fatherland Front Committee of Dien Bien Province.
eneconomy-
Seafood industry in green transformation
The Vietnamese seafood industry is poised for a transformative year in 2026, focusing on sustainable, transparent, and responsible development, according to Mr. Do Ngoc Tai, newly appointed Chairman of the Vietnam Association of Seafood Exporters and Producers (VASEP).
At a recent meeting to review the 2025 seafood export, held by VASEP, Mr. Tai highlighted the challenges faced the industry in 2025, including uneven global market recovery, increasing trade barriers, and rising production costs globally, and extreme weather events domestically, that have significantly impacted the sector's operations.
Despite these challenges, the industry demonstrated resilience, achieving a record export turnover of $11.3 billion in 2025. This success is attributed to the adaptability of businesses, the dedication of workers, and the strategic guidance from government bodies. Five localities, including Can Tho and Ho Chi Minh City, surpassed $1 billion in seafood exports, showcasing their pivotal role in the industry's growth, according to VASEP's new leader
As VASEP enters its seventh term (2026-2030), it emphasizes proactive adaptation, innovation, and sustainable development, Mr. Tai said, adding that the industry is increasingly held to standards of responsibility towards marine resources, the environment, and the community.
Combating illegal, unreported, and unregulated (IUU) fishing remains a foundational task, not only to lift the European Commission's "yellow card" but to build a modern, transparent, and sustainable fishery, he noted.
Mr. Tai commended VASEP members for their commitment to not purchasing, processing, or exporting IUU-sourced seafood to the EU, thus protecting the industry's and the nation's reputation. The government and relevant agencies have shown strong determination in addressing IUU issues, with VASEP actively participating in these efforts.
Looking ahead to 2026, VASEP pledges to support market expansion, enhance competitiveness, and promote green, transparent, and responsible industry development. The association will collaborate closely with the government and localities to ensure sustainable growth, support fishermen's livelihoods, and alleviate pressure on marine resources.
Speaking at the meeting, Deputy Minister of Agriculture and Environment Phung Duc Tien praised the industry's achievements in 2025, with a total seafood output of 9.95 million tons and an export turnover of $11.32 billion. The industry's quick adaptation to market shifts, such as pivoting to China, Europe, and Africa, was a notable highlight.
Deputy Minister Tien identified marine farming as a strategic direction, aiming for $1.4 billion in exports by 2030. The sector also sees potential in products like brackish tilapia, seaweed, and deep processing, which are expected to significantly enhance value addition.
Efforts to address the IUU "yellow card" have been unprecedented, with comprehensive political engagement. The industry is implementing key measures, such as vessel monitoring systems and 100% digital traceability, to build a transparent and sustainable fishery.
As 2026 marks the start of a new five-year plan, the Ministry of Agriculture and Environment will continue to lead the seafood sector with a focus on discipline, responsibility, proactive efficiency, innovation, and sustainable growth, the Deputy Minister said.
vneconomy-Chu Khoi
Upholding credibility for Vietnam’s digital influence economy
Global market researchers and consultants Fortune Business Insights has reported that the global digital content creation market is set to surge from $35.1 billion this year to $58.36 billion by 2032, driven by a compound annual growth rate (CAGR) of 14.17 per cent. The clout of content creators is rising rapidly in Vietnam, shaping consumer behavior, influencing communication trends, and driving engagement across digital platforms. But with that growing influence comes mounting pressure for greater transparency, stronger professional standards, and a deeper sense of accountability to the public.
The “Trust Barometer Special Report: Brand Trust in 2020” report from global communications company Edelman revealed that 70 per cent of consumers now view brand trust as more important than ever. The question of how creators uphold public trust has emerged as one of the most pressing issues in the creator economy. It will also take center stage during Vietnam iContent 2025 - a program honoring the contributions of digital content creators in Vietnam, organized under the direction of the Ministry of Culture, Sports and Tourism (MoCST).
Where trust takes shape
Across Vietnam’s rapidly-growing consumer landscape, trust has become the strategic foundation shaping how brands communicate and creators build influence.
According to Ms. Bui Dang Duyen Mai, Head of Public Affairs, Communications, and Sustainability at Coca-Cola Vietnam and Cambodia, the company views trust as “a journey from belief to love,” a philosophy that has guided its three decades of operations in Vietnam. Beyond consistent product quality, the brand has strengthened its positioning by investing in workplace culture and embedding itself in everyday consumer rituals.
Coca-Cola’s ability to localize global branding has become central to this strategy. Seasonal elements such as the familiar “golden swallow” motif on Tet packaging or consumer activations, ranging from music festivals to personalized cans, are designed to sustain emotional relevance across diverse demographic groups. The company’s approach underscores a broader shift throughout the consumer goods sector: trust is built not through one-way messaging but through repeated, meaningful touchpoints that reflect cultural participation and community presence.
Mr. Nguyen Huu Hoang, Sustainability Manager at Heineken Vietnam, noted that consumers, particularly Gen Y and Gen Z, increasingly prioritize wellness and responsible consumption. This trend has accelerated Heineken’s rollout of low-alcohol products and its long-term collaboration in road safety campaigns.
To institutionalize these commitments, the company enforces a Responsible Marketing Code containing strict criteria on transparency, targeting, and brand partnerships. At least 10 per cent of its media budget is allocated to promoting responsible drinking, and all communication must reach an audience that is at least 70 per cent over 18 years of age. Influencers must be at least 25 and embody behavior aligned with the brand’s values.
The evolution of trust is also transforming the creator ecosystem. Content creator Hoang Van Khoa (PewPew) described a landscape where authenticity, emotional nuance, and narrative clarity have become essential to brand communication. As digital platforms proliferate, creators act as brokers of credibility, translating corporate messages into relatable, real-world experiences.
Fifteen years ago, creators operated with limited tools and minimal monetization options. Today, advances in livestreaming infrastructure, digital payments, and AI-powered recommendation systems allow creators to build sustained, multi-platform communities. Yet technological growth also brings competitive pressure: audiences expect novelty, and brands require content that can differentiate across markets. This forces creators to innovate continuously, adopting new formats and approaches to maintain engagement.
Mr. Khoa argues that the current moment is particularly favorable for young creators entering the field, but sustainable growth depends on an ecosystem where brands uphold product quality, regulators ensure fair practices, and creators maintain transparency with their audiences. Trust, he said, remains the linchpin of that ecosystem.
For Ms. Hannah Nguyen (Hannah Olala), beauty influencer, businesswoman, and member of the UNICEF International Council, trust functions as the “only currency that never depreciates.” While digital fame has become more accessible than ever, the low barrier to entry has also amplified misinformation and blurred ethical boundaries.
She emphasized that creators must adopt transparent, accountable practices, both to safeguard consumers and to uphold the credibility upon which their careers depend. Her own experience, including recognition from major brands and organizations, illustrates that consistent trust-building is becoming a defining differentiator in a crowded influencer market. “Vietnam’s creator economy will only thrive when creators take responsibility for the products and messages they put into the world,” she said.
Integrity gap
Vietnam’s digital advertising landscape is entering a period of overdue correction. Over the past year, a wave of controversies involving Key Opinion Leaders (KOLs) and brands, from misleading promotions to the sale of counterfeit or sub-standard goods, has exposed structural weaknesses in how influence is commercialized online. The problems, regulators say, stem from both inadequate legal awareness among creators and a regulatory framework struggling to keep pace with digital commerce.
According to Mr. Le Quang Tu Do, Director of the Authority of Broadcasting, Television, and Electronic Information at MCST, many KOLs and Key Opinion Consumers (KOCs) still operate under the misconception that social media exists outside of legal accountability. New advertising regulations expected in Vietnam this year aim to tighten oversight and introduce stronger training programs to elevate professional and legal standards across the creator economy.
For brands, the risks of misinformation extend beyond regulatory breaches. As Ms. Vu Hai Anh, General Manager of Publicis Media in Vietnam, noted, the sheer velocity of content circulation poses a growing threat to brand reputation. The rise of AI further complicates matters by eroding the boundary between authentic and synthetic content, making it harder for audiences to discern factual information and increasing the likelihood of brand misrepresentation.
This heightened risk also applies to long-term collaboration with KOLs, whose influence may persist years after a campaign ends. As a result, brands are reassessing how they evaluate and engage creators, prioritizing transparency and measurable credibility over reach alone.
Vietnam’s major digital platforms are also tightening governance as they face pressure to curb harmful content and safeguard users from fraud. According to Mr. Nguyen Lam Thanh, Head of Public Policy and authorized Head of Representative Office, Vietnam, at Chinese multinational internet technology company ByteDance, which created TikTok, TikTok Vietnam has introduced zero-tolerance enforcement policies, strengthened community standards, and expanded tools that allow users to report illegal or harmful content.
TikTok is also deepening its role in e-commerce oversight. TikTok Shop enforces strict seller compliance requirements, rejecting around 70 per cent of new seller applications and processing more than 99 per cent of refunds on time. The platform has become an increasingly formalized commercial ecosystem, home to more than 6 million revenue-generating accounts contributing taxes to the State.
According to Ms. Nguyen Thi Duy Phuc from Meta in Vietnam, new multilayered filtering systems are being used to flag harmful content, while the platform expands training programs for creators to ensure they meet community standards. With the introduction of Meta AI, the company has also added transparency tools such as AI-content labeling, designed to help users identify synthetic or modified material. It argues that protecting users and enabling creativity are not contradictory goals but parallel pillars of a sustainable digital environment.
Ms. Huynh Phuong from YouTube in Vietnam, meanwhile, said the platform removed 11 million violating videos last year alone and restricts monetization to creators who demonstrate compliance and public safety.
Publicis Media believes reliability is becoming the decisive factor, especially in a climate where reputational risks accumulate quickly and AI-generated misinformation spreads easily. As such, brands increasingly seek creators who can co-create responsibly and deliver messages that reflect genuine consumer value.
VET-Linh Tong
Hai Phong city prepares zoning plan for 10 IPs
Northern Hai Phong port city has accelerated industrial park (IP) planning with a plan to study and approve zoning plans for 10 more IPs this year with a combined area of over 1,900 hectares, according to city authorities.
The city approved zoning plans (1/2,000 scale) for nine IPs in 2025, spanning around 2,300 ha.
The 10 IPs under zoning plan including Giang Bien IP (188.51 ha in Vinh Thuan commune), An Hoa IP (199 ha, in Vinh Hoa commune), Cong Hoa 2 IP (190 ha in Tran Hung Dao and Tran Nhan Tong communes), Tu Ky 1 IP (115.8 ha in Dai Son commune), Binh Giang 2 IP (303 ha in Thuong Hong and Duong An communes), Binh Giang 3 IP (200 ha in Thang Hong and Nguyen Luong Bang communes), Binh Giang 4 IP (196 ha in Binh Giang and Nguyen Luong Bang communes), Binh Giang 5 IP (115 ha in Binh Giang and Ke Sat communes), Thanh Mien 2 IP (200 ha in Hai Hung and Bac Thanh Mien communes), and Thanh Ha IP (150 ha in Ha Dong commune).
In addition, Hai Phong is studying to establish six new IPs with a total area of around 1,200 hectares.
There are 46 IPs established in Hai Phong so far, with a total area of over 13,000 ha.
VnEconomy-Nam Khánh
196 buildings in Vietnam certified as green in 2025
Vietnam’s green building market recorded strong growth in both the number and total floor area of certified projects in 2025, according to the Vietnam Green Building Market Overview 2025, released by the International Finance Corporation (IFC), a member of the World Bank Group.
As many as 196 buildings received green certification, covering a total floor area of 4.4 million square metres, representing increases of 20% in number and 15% in floor area compared with 2024.
The “green wave” in 2025 was driven mainly by the apartment and industrial factory segments. Apartment projects continued to lead the market, accounting for more than 30% of all green-certified projects during the year.
Notably, the floor area of green-certified apartments surged by 151% year on year, reflecting both the recovery of the commercial housing market and investors’ growing tendency to use green certification as a competitive advantage to enhance project positioning.
The industrial real estate segment ranked second, with a share of over 28%. The completion of modern production lines by multinational corporations, together with their strong sustainability commitments, drove a 54% increase in green-certified industrial floor space.
As of December 31, 2025, Vietnam had 780 green-certified buildings, with a combined floor area of more than 18.6 million square metres.
VnEconomy-Anh Nhi
Vietnam to lead growth in ASEAN+3 in 2026: AMRO
The ASEAN+3 Macroeconomic Research Office (AMRO) forecasts Vietnam’s GDP growth in 2026 at 7.6%, the highest among ASEAN+3 economies, in its quarterly update of the ASEAN+3 Regional Economic Outlook (AREO) released on January 21, according to a report from the Vietnam News Agency.
The projection reflects Vietnam’s increasingly prominent role in regional supply chains, as well as the effectiveness of FDI inflows into manufacturing, technology, and export-oriented services.
It also estimates the ASEAN+3 economy, including the ASEAN member states of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam, and China, Japan and the Republic of Korea, to have grown by 4.3% in 2025, and projects growth to moderate to 4% in 2026.
The growth updates reflect upward revisions of 0.2 percentage points for both years compared with the October 2025 AREO Update.
The region’s solid performance in 2025 was underpinned by less severe tariff outcomes than initially expected, resilient technology export growth, strong investment in ASEAN, and accommodative macroeconomic policies.
VNA-Van Nguyen
Science and technology, innovation, digital transformation redefined as drivers for double-digit growth
In his keynote paper presented on January 21 at the ongoing 14th National Party Congress in Hanoi, Minister of Science and Technology Nguyen Manh Hung said that science and technology, innovation, and digital transformation have been redefined by the Party as the three drivers for Vietnam to achieve double-digit growth.
The Minister, who is also a member of the 13th Party Central Committee, was quoted by the Government News as further saying that Vietnam needs science and technology, innovation, and digital transformation to transform itself from a middle-income to a high-income country.
Science and technology, innovation, and digital transformation have been redefined by the Party as the three drivers under a new approach, creating greater development space and unlocking resources to support growth, he said.
The Resolution No. 57-NQ/TW of the Politburo has identified science and technology, innovation, and digital transformation as the breakthrough of top importance and the main driving force to accelerate the development of modern production force, improve production relations, innovate national governance, and improve the country's self-reliance, according to the minister.
To ensure that science and technology, innovation, and digital transformation truly serve as the central growth drivers, the minister said the first priority is to measure their contributions to GDP growth, adding that the ministry is currently developing methodologies to assess impacts science and technology, innovation, and digital transformation at both national and local levels.
Given the current domestic context, Vietnam's priority order should be digital transformation, innovation, and science and technology from now to 2031, the minister stressed.
Digital transformation changes the way of governance, innovation should focus on providing support for businesses to innovate technologies, test new technologies, and renew governance models, he said.
VGP-Pham Long
Strategic solutions proposed to secure double-digit economic growth for 2026–2030
Presenting a keynote paper at the ongoing 14th National Congress of the Communist Party of Việt Nam on January 21, Vice Chairman of the Party Central Committee’s Commission for Policies and Strategies Nguyen Anh Tuan, clarified the practical foundations and proposed a strategic framework aimed at realizing the goal of double-digit economic growth for the 2026–2030 period, meeting the nation's requirements for rapid and sustainable development.
First, the strategy emphasizes maintaining macroeconomic stability, enhancing economic resilience, and upholding strategic autonomy to provide a solid foundation for both short- and long-term growth. Alongside this, there must be a strong push to revitalize traditional growth drivers while simultaneously creating and effectively exploiting new ones.
Second, the country must continue to accelerate economic restructuring in tandem with industrialization and modernization, positioning science, technology, innovation, and digital transformation as the primary engines of growth. The focus will be on developing the data economy, digital economy, green economy, and circular economy. Furthermore, the strategy highlighted the effective exploitation of new economic frontiers, including marine space, low-altitude airspace, outer space, and underground space.
The proposal also called for maximizing the potential of all economic sectors, particularly the private sector; enhancing the efficiency of the State-owned economy; and developing a sustainable collective economy. Vietnam will continue to improve the quality of Foreign Direct Investment (FDI) attraction based on new global standards. The leading roles of dynamic economic zones, economic corridors, and growth poles were also underscored.
Third, Vietnam aims to exploit international markets more effectively and diversify export destinations, while simultaneously developing the domestic market into a sustainable growth engine. The export strategy will be restructured to pivot from low-cost competition to brand-based exports characterized by high standards, advanced technology, and high added value. This involves fully leveraging Free Trade Agreements (FTAs) and tapping into emerging markets.
Fourth, the strategy focuses on the mobilization and efficient utilization of resources, particularly capital, through three main channels: public investment, domestic private investment, and FDI.
To achieve this, the Government will promote private investment and develop diverse capital markets to secure medium- and long-term funding. The plan encourages venture capital models and fintech companies to unlock capital flows for small and medium-sized enterprises (SMEs) and startups. Selective FDI attraction will prioritize high-tech and energy-efficient projects.
Fifth, there must be a strong push for breakthroughs in economic institutions, human resource development, science and technology, innovation, and infrastructure. These are considered the bedrock for rapid and sustainable growth in the coming period.
Emphasizing the need for synchronous implementation, Mr. Tuan stated that the focus must be placed on resolving growth bottlenecks and "chokepoints" while stimulating drivers with high spillover effects across the entire economy.
On this basis, Vietnam aims to establish and deploy a new growth model driven primarily by improvements in productivity, quality, and competitiveness—underpinned by science, technology, innovation, and digital transformation—to ensure the efficient use of all national resources.
VNeconomy-Lý Hà
Strengthening the Steering Committee for HCMC’s specific development mechanisms
Prime Minister Pham Minh Chinh has signed Decision No. 138/QD-TTg regarding the consolidation of the Steering Committee for implementing National Assembly resolutions on pilot special mechanisms and policies for the development of Ho Chi Minh City (HCMC).
According to the decision, Prime Minister Pham Minh Chinh serves as the Head of the Steering Committee, while Secretary of the HCMC Party Committee Tran Luu Quang, and Minister of Finance Nguyen Van Thang act as its Standing Vice Chairman and Vice Chairman, respectively.
The Steering Committee is defined as an inter-disciplinary coordination body. Its primary role is to assist the Prime Minister in researching, directing, and coordinating the resolution of significant, cross-sectoral issues during the implementation of National Assembly Resolution No. 98/2023/QH15 and Resolution No. 260/2025/QH15 (which amends and supplements Resolution No. 98) regarding pilot special mechanisms for HCMC's development.
The Committee is tasked with directing ministries, sectors, and relevant agencies to execute the provisions of Resolutions 98 and 260. It will also research and propose strategic directions and solutions to the Prime Minister to address major inter-disciplinary challenges arising during the rollout of these resolutions.
Furthermore, the Steering Committee is responsible for directing and coordinating between ministries and organizations to handle vital cross-sectoral matters. It aims to ensure close and effective cooperation in advising and proposing implementation solutions.
The Committee must provide timely reports on difficulties or obstacles that exceed its authority and suggest solutions to competent levels to address any practical inconsistencies that may arise.
Vneconomy-Thanh Thủy
Gov’t urges localities to strive for at least 10% GRDP growth rate in 2026
The Government has issued Resolution No. 01/2026/NQ-CP on key tasks and solutions to implement the socio-economic development plan for 2026, according to the Government News.
The resolution requested ministries, sectors, and localities to focus on economic management, maintain macroeconomic stability, control inflation, and ensure major economic balances.
Provinces and centrally governed cities are tasked with reviewing and developing quarterly GRDP growth scenarios. Ministries and sectors are also required to formulate separate growth scenarios for each field under their management. These scenarios must be reported to the Ministry of Finance in February for consolidation and monitoring.
Under the Resolution, the Government emphasizes the need to renew thinking, governance, and resource allocation, and to combine solutions to transform the growth model. Science and technology, innovation, and digital transformation are identified as the key driving forces, together with all economic sectors, to mobilize resources for development.
The Government also stresses the need to tighten discipline and administration order, improve institutions in parallel with promoting decentralization and delegation of authority, uphold the responsibility of heads of agencies, and intensify efforts to combat corruption and wastefulness.
Ministries and sectors are required to continue cutting administrative procedures, improving the business environment, and accelerating investment in strategic infrastructure, including transport and energy.
Vietnam’s GDP grew 8.02 percent in 2025, the second-highest rate in the 2011–2025 period, driven mainly by momentum from services and industrial production, the National Statistics Office reported.
With this figure, Vietnam becomes the fastest-growing economy in Southeast Asia and in the world. This is a hard-won achievement amid continued global volatility, particularly trade tensions and the U.S. reciprocal tax policy.
The average annual GDP growth during 2021–2025 is estimated at around 6.3 percent, slightly higher than the 6.2 percent recorded in the previous five-year term.
In 2025, Vietnam's GDP reached $514 billion, up $38 billion compared to the previous year. GDP per capita is estimated at $5,026, an increase of $326 from 2024 ($4,700), pushing Vietnam into the upper-middle-income country group.
VGP-Pham Long
Hanoi targets export breakthrough in 2026
The Hanoi People’s Committee has recently issued a comprehensive plan to boost exports in 2026, targeting robust growth in key industrial sectors and expanding the city's presence across potential international markets.
Under this plan, Hanoi aims for export growth rates of 7% to 15% across various regional markets. The city intends to maintain stability in traditional markets, including the United States, the EU, Japan, South Korea, China, and ASEAN. Simultaneously, Hanoi will maximize the advantages offered by new-generation Free Trade Agreements (FTAs) such as the EVFTA, CPTPP, RCEP, and VIFTA, while actively exploring emerging markets in the Middle East, South Asia, Africa, and Latin America.
Regarding product structure, the city is prioritizing high-value-added and high-tech product groups. Specific growth targets for key sectors have been established: computers, electronic products, and components (11% to 14%); handicrafts and ceramics (expected to see the highest growth at 12% to 18); textiles, garments, and footwear (10% to 13%); agricultural products and processed food (10% to 15%); and Wood and wood products (10% to 14%)
For different business segments, the city is placing special emphasis on Foreign Direct Investment (FDI) enterprises (projected to grow by 10–12%) and large domestic companies (12–13%).
The city also aims to expand the number of enterprises achieving an annual export turnover of over $100 million. Furthermore, the number of small and medium-sized enterprises (SMEs) participating in direct or indirect exports is targeted to increase by 10% to 15%.
Notably, Hanoi has set a goal that at least 30% of businesses benefiting from the city’s support policies will secure new export orders. Traditional craft village products and OCOP (One Commune One Product) goods are also expected to see at least a 20% increase in the number of products entering export markets.
To realize these objectives, Hanoi is implementing a synchronized range of solutions, with a primary focus on completing infrastructure and accelerating the application of science and technology in production.
Vneconomy-Vũ Khuê
State Capital Investment Corporation under reform
After nearly two decades of development, the State Capital Investment Corporation (SCIC) has reinforced its position as a key player in restructuring and reforming State-owned enterprises (SOEs). Though its initial role centered on receiving State ownership rights, in recent years the SCIC has gradually emerged as a financial investor, particularly during periods of economic volatility.
As Vietnam’s economy set its sights on double-digit growth in the years to come, transforming the SCIC’s operating model has become increasingly urgent. Beyond its traditional mandate of receiving and divesting State capital, the SCIC has proposed converting into a government investment fund modeled, after Singapore’s Temasek Holdings, to direct capital flows and accelerate strategic industries.
Big expectations, limited firepower
The SCIC’s more than VND14 trillion ($538 million) investment in Vietnam Airlines stands out as a recent example of its impact. According to Mr. Dinh Viet Tung, Deputy General Director of the SCIC, the decision was not simply a bailout but a strategic move that helped the national flag carrier weather the worst of the Covid-19 pandemic. By 2024-2025, it had indeed rebounded strongly and posted impressive financial results.
The deal demonstrated the SCIC’s potential to act as a market stabilizer, support key enterprises, and stimulate economic growth - core functions of government investment funds globally. Yet, at a broader level, the SCIC’s size and influence still fell short of the potential and resources available within the State-owned sector.
Mr. Tung openly acknowledged several constraints preventing the Corporation from becoming a large-scale strategic investor. First, its capital base remains modest. The total asset value of SOEs stands at around VND4,200 trillion ($161.5 billion), with equity of VND1,800-1,900 trillion ($69.2-73.1 billion). By contrast, the SCIC has managed only some VND70 trillion ($2.7 billion), equivalent to roughly 2 per cent of total State capital in enterprises.
This gap has deprived it of the scale needed to undertake national strategic investment projects or major international MA deals. While Temasek managed more than $300 billion and Malaysia’s Khazanah held $33 billion, the SCIC’s resources were far too small to generate any meaningful macro-economic impact.
Second, mechanisms for receiving and divesting capital have remained inadequate. The SCIC’s portfolio continued to shrink because of ongoing divestments, while plans to transfer new enterprises were slow and unclear. The divestment mechanism itself was rigid, limiting the SCIC’s ability to time sales according to market conditions to maximize returns.
Third, financial and personnel mechanisms failed to create strong incentives. Though the SCIC functioned as a financial investor, Mr. Tung noted that it remained constrained by administrative regulations. Investment performance was still evaluated annually rather than on three to five-year cycles, as is the case in international practice. Meanwhile, compensation remained insufficient to attract top asset managers and financial specialists from the private sector or overseas.
Unlocking structural bottlenecks
To address those limitations, the SCIC studied and proposed transitioning to a government investment fund modeled after Temasek, as its success offered several lessons applicable to Vietnam.
First, separating management from ownership. Temasek operates as a commercial entity that does not face administrative intervention in investment decisions. The Singaporean Government sets long-term objectives but does not dictate day-to-day management - a direction the SCIC hopes to emulate.
Second, a strict adherence to market principles. Temasek did not seek special privileges for its portfolio companies and operated entirely on market mechanisms, contributing to its long-term annual returns of 14-15 per cent.
Mr. Adrian Chung, Director of Institutional Relations at Temasek, said that allowing proactive corporate governance was key to its performance. Beyond holding capital, Temasek actively supported restructuring, business separation, as seen with Sembcorp and Keppel, and digital transformation efforts, including AI adoption. “We did not involve ourselves in day-to-day operations, but we cared about final outcomes,” he said. “We contributed to strategy, supported business model transformation, and provided financial resources for sustainable growth.”
Adding to the discussion, Mr. Andrea Campagnoli, founding Partner of Bain Company Vietnam, noted that modern government investment funds operate under a “hybrid” model - neither solely profit-driven nor purely tasked with political mandates. Instead, they serve as bridges between national policy and international capital. “Foreign capital seeks a reliable guide when entering emerging markets,” he explained.
He added that the SCIC needed to become a partner capable of negotiating, speaking the language of international investment and ensuring transparent governance so investors felt secure deploying capital into long-term infrastructure and technology projects in Vietnam.
Roadmap for transformation
The SCIC has prepared a proposal for the Ministry of Finance and the government outlining specific recommendations to elevate its operations.
First, regarding capital and scale, it proposed classifying SOEs into four groups and transferring all Group 4 (commercial enterprises) to its control. This would consolidate management and prevent resource fragmentation. The SCIC also requested approval to retain maximum after-tax profits to reinvest and build sufficient scale for national strategic projects.
Second, on institutional and operational mechanisms, it sought greater autonomy in investment decisions: the ability to time and price divestments based on market conditions; permission to launch venture funds for innovation, AI, and semiconductors; and the adoption of portfolio-level, long-term performance evaluations.
Third, regarding personnel, the SCIC recommended autonomy to design competitive compensation aligned with financial market standards. It also proposed adding independent members from the private sector and international experts to its Members’ Council and Investment Committees.
Regarding the implementation timeline, Mr. Tung noted a two-phase plan. “With the proposed solutions and roadmap, the SCIC hoped the government investment fund model it was targeting would operate more effectively,” he said.
Specifically, for Phase 1 (2026-2028), the SCIC would continue capital transfers and divestments under existing plans while shifting more aggressively towards investment activities. It would pilot new mechanisms for performance evaluation, personnel systems, and legal and technological frameworks.
For Phase 2 (2028-2030), the focus will be on the full operation as a government investment fund. It would operate under a dedicated legal framework, expand investments abroad, establish sub-funds and venture funds, and direct capital into core technologies and strategic infrastructure.
Quotes
Mr. Cao Anh Tuan, Deputy Minister of Finance
After nearly 20 years of operations, the SCIC has established itself as an effective representative of State capital ownership. Between 2014 and 2025, it received 120 enterprises with total State capital of nearly VND25 trillion ($961.5 million) and completed divestments at 396 enterprises, collecting nearly VND48 trillion ($1.85 billion), or 4.4-times the original capital.
Beyond preserving State assets, the SCIC also proactively invested more than VND55 trillion ($2.11 billion) in critical sectors such as energy, infrastructure, and finance. These results demonstrated the advantages of a centralized, professional capital management model compared with previous administrative structures.
However, to meet development requirements in the new era, the SCIC needs to continue innovating and strengthening its capabilities. The government and the Ministry of Finance have orienting the Corporation towards becoming a government investment fund, drawing on successful international models such as Temasek in Singapore and Khazanah in Malaysia. The goal was to build a financial institution strong enough to lead, connect, and stimulate the development of other economic sectors, consistent with the State sector strategy currently directed by the Politburo.
In the time to come, the Ministry of Finance will lead the drafting of a decree on a specialized operational mechanism for enterprises engaged in capital investment and management, with the SCIC at the core. This aims to create a more enabling legal framework, enhance autonomy and transparency, and allow the SCIC to maximize its resources.
Mr. Nguyen Chi Thanh, Chairman of the Board of Members at the State Capital Investment Corporation
The value of the SCIC does not lie only in our financial statements but also in the responsibility we shoulder for major political and economic mandates. In recent years, we directly took part in four nationally-significant projects under the Politburo’s direction: rescuing Vietnam Airlines during the pandemic, resolving longstanding issues at the TISCO 2 and VTM steel projects, and making a strategic investment in Vung Ang Port to provide Laos with access to the sea. These transactions reaffirmed our role as an effective macro-economic policy instrument.
While Temasek needed 34 years (1974-2008) to complete its portfolio restructuring, we required only 19 years to streamline our portfolio from 1,000 enterprises to roughly 100. This pace shows that we have essentially fulfilled our initial “mission” and are now at a pivotal moment to transform into a truly professional investment organization.
However, to make this leap possible, we believe several core reforms are essential to remove existing barriers. On governance and institutional design, the SCIC needs to be stabilized under the government investment fund model after nearly two decades of operations, and our long-term development strategy for 2030-2035 should be codified in legal documents. More importantly, the State should grant us the autonomy to make commercial decisions according to market principles and reduce administrative intervention.
The most pressing challenge for us is resources. Though we are the national capital management corporation, we have been assigned only some 2 per cent of total State capital in enterprises. The fastest way to increase our scale is to transfer major existing State groups, such as Vietnam Airlines, Song Da, and Vinaconex, to us rather than creating new entities for investment.
At the same time, we need a dedicated financial mechanism that allows us to retain all after-tax profits and proceeds from divestments for reinvestment. Current regulations permit us to allocate only up to 30 per cent of profits to our development fund, which significantly constrains our ability to operate and prevents us from building the financial capacity required to play the role of a leading investor in the economy.
Dr. Can Van Luc, Chief Economist at BIDV and Member of the Prime Minister’s Policy Advisory Council
The SCIC has operated fairly effectively in recent years, but its results still do not match its potential and a stronger breakthrough is needed. The biggest “bottleneck” we have faced does not lie only within the SCIC itself; it stems largely from the very slow pace at which ministries and local authorities transfer capital. Though the SCIC has achieved an impressive return on equity of 13 per cent - on par with major funds such as Temasek - its governance model still needs modernization to ensure long-term sustainability.
To address these shortcomings, I believe the key lesson from international experience is that transforming the SCIC into a government-affiliated fund requires a solid legal foundation and a high degree of financial autonomy. The SCIC should diversify its resources through five capital channels - the State budget, natural resources, investment dividends, divestment and equitization proceeds, and retained earnings - with particular emphasis on establishing a mechanism that allows us to retain profit above plan for reinvestment.
Strategically, the SCIC’s management mindset must shift decisively from rigid capital preservation in short-term, project-level decisions to medium and long-term preservation and growth across the entire portfolio.
My recommendation is that 80 per cent of resources be allocated to domestic infrastructure and 20 per cent to overseas investments to access technology. Starting now, the SCIC must begin this transformation so that by its 20th anniversary, on August 1, 2026, we can unveil a new model that operates with the mindset of a true investor, backed by the necessary financial and human resources to ensure State capital truly generates growth and leads foreign capital inflows.
Dr. Nguyen Dinh Cung, former Director of the Central Institute for Economic Management (CIEM)
State-owned enterprise (SOE) reform in recent years has seen positive progress as the government narrows scattered investments, concentrates resources on key sectors, and largely achieves the objective of preserving capital. However, these successes are only early steps and have not addressed the most fundamental bottleneck: the mindset of governance.
Though Vietnam has attempted to separate the three powers - business operations, State ownership, and State management - in practice, the system continues to operate under a heavy “administrative command” mindset. As a result, we find ourselves stuck in a paradox: wanting to develop a market economy while managing capital flows and enterprises through rigid administrative tools instead of the mindset of a professional investor.
This governance mindset has led to widespread passivity across the system. Every stage, from equitization and valuation to capital transfers, is overly procedural, turning the goal of “capital preservation” into a defensive, conservative and short-term approach. Therefore, the key to “unlocking” the SCIC and the broader SOE sector is a decisive shift from an “administrative supervisory” mindset to the position of a “professional owner and strategic investor.”
To realize this vision, Vietnam requires a breakthrough institutional solution - abandoning the mindset of “requesting” ad-hoc special mechanisms. A national investment institution of the SCIC’s stature should not remain in a position of seeking fragmented exemptions.
Instead, its mandate and instruments need to be formally codified through a new law - the Law on State Capital Investment - to replace current management-oriented legislation. Such a law must embody a shift from a focus on “control and supervision” to one on “development and value creation.” It should include a dedicated chapter on the SCIC, establishing its clear legal status as the national representative owner of invested State capital and operating in line with international standards.
VET-Ngan Ha
Vietnam-Japan trade surpasses $50 bln mark for the first time
In 2025, trade relations between Vietnam and Japan continued to record highly positive results, according to the Vietnam Trade Office in Japan.
For the first time in history, total two-way import-export turnover surpassed the $50 billion milestone. This significant achievement underscores robust growth and reaffirms Japan's position as one of Vietnam’s largest and most stable trading partners.
Statistics from the Vietnam Customs shows that total bilateral trade reached over $51.43 billion, an 11.28% increase compared to 2024. Within this figure, Vietnam’s exports to Japan reached $26.77 billion (up 8.77%), while imports from Japan totaled $24.68 billion (up 14.13%). Consequently, Vietnam maintained a trade surplus of $2.09 billion with Japan.
The momentum behind this growth stemmed from a synchronized performance between traditional commodities and high-value-added products. In particular, the agricultural, forestry, and fishery sectors experienced a spectacular breakthrough year.
Regarding exports, Vietnam continued to demonstrate its strengths across various categories: textile and garment exports reached nearly $4.6 billion; footwear saw impressive growth of 19.24%; and coffee emerged as a major highlight with a 46.57% surge, reaching $611 million.
Furthermore, items such as cashew nuts, pepper, and fruits and vegetables recorded double-digit growth. Wood and wood products rose sharply by over 23%, while telephones and components increased by 17.69%.
On the import side, Vietnam primarily sourced goods to support domestic production and export manufacturing. Notably, two categories—computers/electronic components and machinery/equipment—accounted for nearly 54% of the total import turnover from Japan.
The trade structure between the two nations in 2025 continued to reflect mutual complementarity, highlighting the specific strengths of each economy. Japan serves not only as a stable consumer market for Vietnamese goods but also as a reliable supplier of essential raw materials and inputs.
Maintaining a trade surplus and fulfilling large-scale orders indicates that the production capacity of Vietnamese enterprises has steadily improved, successfully meeting the most stringent standards of the Japanese market.
VNeconomy-Vũ Khuê
European businesses remain confident in Vietnam's breakthrough in 2026
According to the Business Confidence Index (BCI) report for Q4/2025, recently released by the European Chamber of Commerce in Vietnam (EuroCham), Vietnam's business environment saw significant improvements by the end of 2025.
The BCI for Q4, that surged by 13.5 points to reach 80.0, signals a return to strong confidence after nearly a decade marked by disruption, volatility, and prolonged neutrality – even as global trade tensions and geopolitical uncertainty continue to weigh on the international environment.
The percentage of businesses concerned about administrative burdens in Q4 decreased by 12 percentage points compared to Q3. EuroCham assesses that Vietnam's recent reforms have begun to make an impact, although the spread is not yet uniform.
However, the report highlighted that complex administrative procedures and inconsistent regulatory frameworks remain the most frequently mentioned challenges by European businesses operating in Vietnam.
'According to Eurocham's survey data, 53% of businesses are still concerned about administrative burdens. Other obstacles include unclear or inconsistently applied regulations (52%), customs procedure issues, trade barriers, and restrictions on visas and work permits, each mentioned by about one-third of businesses. These challenges lead to delays or increased uncertainty in operations (59%), resulting in higher administrative and compliance costs (31%), as well as resource dispersion and reduced productivity (20%).
However, Resolution No. 68-NQ/TW, issued in May 2025, aims to simplify procedures, promote digitalization, and shift from pre-checks to post-checks, which has been strongly supported by the business community as a positive signal of direction, though practical effectiveness is still forming, the report noted.
Resolution 68 aims to enhance the role of the private sector by simplifying administrative procedures, promoting digitalization, shifting from pre-checks to post-checks, and ensuring fair competition, it remarked, adding that EU businesses strongly support this approach, emphasizing the need for clear, consistent, and predictable implementation.
As of Q4/2025, 25% of businesses have noted certain improvements in the operating environment, with 8% rating them as significant, while 61% have not yet felt a clear impact, reflecting the early stage of implementation, 5% believe these changes have introduced new challenges.
Additionally, the implementation of VNeID has shown positive results, with 76% of businesses completing registration by the end of 2025, indicating high compliance levels after the mandatory regulation took effect in July 2025. However, 24% of businesses still face difficulties, indicating a need for more flexible approaches and focused support, especially for foreign-invested enterprises, before full-scale application.
Moving into 2026, the optimism of European businesses is gradually being reinforced by actual indicators and the reform roadmap being implemented. Expanding operations and diversifying investment portfolios are top priorities, chosen by 50% of businesses. Following this, 45% of businesses focus on recruiting and retaining talent to address the pressure on high-quality labor resources. Notably, 41% of businesses prioritize enhancing technology application, automation, and artificial intelligence (AI) to boost long-term productivity.
Infrastructure development and public investment are expected to be the main growth drivers in the next 12-18 months, particularly in logistics, construction, and trade sectors. Improving connectivity, transport capacity, and land access is anticipated to open up long-term growth potential. Despite ongoing global uncertainties, the business community believes that Vietnam is becoming a central link in long-term growth strategies.
“Our latest BCI confirms what many of us have felt intuitively,” said EuroCham Chairman Bruno Jaspaert. “After years of hovering around the mid-line, reaching 80 tells us that confidence is now grounded in delivery – in factories running, orders returning, and investments being executed. We are seeing a structural shift where Vietnam is quickly transforming itself into a powerful growth engine, on track to rank among the top three economies in ASEAN.”
vneconomy-Song Ha
Phong Nha–Ke Bang National Park seeks third UNESCO recognition
The Management Board of Phong Nha–Ke Bang National Park in Quang Tri province is coordinating with relevant agencies to advise local authorities on procedures to seek UNESCO recognition of the park as a World Biosphere Reserve for the third time, according to a report from the Government News.
The park's special-use forest ecosystem remains largely intact, with forest coverage consistently maintained at around 95 percent. Numerous wildlife rescue operations have also been conducted, achieving a success rate of more than 93 percent.
At the same time, the board is finalizing a third nomination for World Natural Heritage status under aesthetic criteria, aiming to further enhance the site's international profile and establish a solid foundation for long-term conservation.
In addition, the park has implemented two provincial-level scientific research projects and documented several plant and animal species previously unknown to science, reaffirming Phong Nha–Ke Bang's Outstanding Universal Value.
Alongside conservation efforts, the management board has promoted sustainable tourism by developing new ecotourism products, including the Legendary Truong Son Trail–Command Cave route.
In 2003, UNESCO recognized Phong Nha - Ke Bang National Park as a World Natural Heritage. On July 3, 2015, the Nation park was recognized by UNESCO for the second time as a World Natural Heritage based on biodiversity criteria.
At the 47th Session of the World Heritage Committee held in Paris on July 13, 2025, UNESCO officially approved the extension of the boundary of the Phong Nha – Ke Bang National Park (Quang Tri, Viet Nam). This adjustment includes Hin Nam No National Park (Khammouane Province, Laos), forming the first transboundary World Heritage Site named "Phong Nha – Ke Bang National Park and Hin Nam No National Park".
VGP-Van Khanh