Covering a total distance of 17.1 km, the route includes 39 pick-up and drop-off points. It provides a direct connection between Con Dao Airport and Con Dao Market, two major hubs with high traffic volume.

The Ho Chi Minh City Department of Construction announced that electric bus route No. 173 will officially begin operations in the city's Con Dao Special Zone, starting December 25, according to a report from Radio the Voice of Vietnam.

The introduction of Route 173 aims to gradually establish a modern, eco-friendly public transport network in Con Dao. The service is designed to meet the growing travel demands of both local residents and tourists visiting the island.

Covering a total distance of 17.1 km, the route includes 39 pick-up and drop-off points. It provides a direct connection between Con Dao Airport and Con Dao Market, two major hubs with high traffic volume. This connection allows passengers to travel conveniently, safely, and affordably immediately upon arrival on the island, as well as for daily commuting and shopping.

The service will operate 114 trips per day, with a frequency of one trip every 30 minutes. Operations will run daily from 5am to 7pm.

The city’s Management Center of Public Transport plans to coordinate with relevant departments and agencies to launch five additional electric bus routes in the near future.

VOV-

Starting from 2028, emission quota management will be officially and mandatorily implemented nationwide across all sectors and enterprises.

Deputy Prime Minister Tran Hong Ha chaired a meeting on December 24 to review the approval of total greenhouse gas (GHG) emission quotas for the 2025-2026 period. This marks the first time Vietnam will implement a formal allocation of emission quotas.

The Ministry of Agriculture and Environment has utilized operational data from 2022 and 2023 provided by enterprises, along with 2024 GHG inventory data—which has been appraised by provincial People’s Committees—to develop the proposed pilot quotas.

The ministry has collaborated with various associations, corporations, and relevant government agencies to establish "quota adjustment factors," which are calculated on  the basis of three key pillars: national growth targets, emission reduction objectives, and the specific technological capacity of each facility.

According to the list of GHG-emitting entities required to conduct inventories under Decision No. 13/2024/QD-TTg (issued on August 13, 2024), 110 industrial facilities have been identified as eligible for the pilot allocation. These include 34 thermal power plants, 25 steel production facilities, and 51 cement plants. These facilities will be reported to the Prime Minister for final consideration and approval to begin the pilot program.

Deputy PM Ha stated that the allocation of quotas and their practical implementation will create the necessary pressure for businesses to transform. This initiative aims not only to reduce pollution and greenhouse gas emissions but also to drive enterprises to invest in advanced technologies, refine management practices, enhance production capacity, and improve environmental protection.

Furthermore, the Deputy PM emphasized that policies must be comprehensive, allowing entities that successfully reduce emissions to sell, commercialize, or exchange their surplus quotas with others. This aims to build a market-based mechanism that transforms emission reduction into a valuable resource.

As this is the first time Vietnam has implemented emission quota allocation, the Deputy PM noted that while the program is a pilot intended to help stakeholders familiarize themselves with emission controls, it must be executed seriously with clear legal regulations to avoid becoming a mere formality.

Highlighting the importance of this pilot program as a crucial stepping stone to perfecting management mechanisms before nationwide mandatory application, he requested that the pilot process includes specific quota calculations for each sector (such as cement, steel, and power). He also called for a clear determination of the scale of participating enterprises to draw lessons and prepare for full-scale implementation across all emitting entities in the future.

The pilot program extends beyond mere quota figures; it is a process of synchronizing measurement, statistics, reporting, and appraisal methods, alongside legal and technical frameworks. These methods must be based on a solid scientific foundation and aligned with international standards (such as the United Nations Framework Convention on Climate Change - UNFCCC) to ensure international recognition of the data. This effort is closely linked to Vietnam's responsibilities and commitments under the Nationally Determined Contributions (NDC).

Regarding the roadmap, the Deputy PM directed that the period from now until 2027 will focus on the pilot phase to complete the synchronized mechanisms and policies. Starting from 2028, emission quota management will be officially and mandatorily implemented nationwide across all sectors and enterprises.

Vneconomy-Tùng Dương

The Anti-Dumping Commission of Australia determined that while dumping occurred for one particular Vietnamese exporter, the dumping margin was less than 2% of the weighted average export price.

The Anti-Dumping Commission of Australia (ADC) issued a notice on December 16, regarding the partial termination of its anti-dumping investigation into hot-rolled steel reinforcing bar (rebar) imported from Indonesia, Thailand, Malaysia, Turkey, and Vietnam, according to the Trade Remedies Authority of Vietnam (Ministry of Industry and Trade).

The investigation was originally initiated by the ADC on September 24, 2024, following an application filed by Infrabuild NSW Pty Limited (InfraBuild) under section 269TB(1) of the Australian Customs Act 1901.

Based on the investigation results, case records, and submissions from relevant parties, the ADC has decided to terminate the investigation for specific enterprises from the aforementioned countries, including Vietnam.

Specifically, the ADC determined that while dumping occurred for one particular Vietnamese exporter, the dumping margin was less than 2% of the weighted average export price. Under Australian law, this margin is considered de minimis (negligible). Consequently, the ADC terminated the investigation concerning this enterprise in accordance with section 269TDA(1)(b)(ii) of the Act.

The legal and factual grounds for this decision are detailed in Termination Report No. 655, which has been published on the ADC’s public record at: www.adcommission.gov.au.

While the investigation has been terminated for the specific companies mentioned, the anti-dumping probe into hot-rolled steel rebar from the subject countries will continue for other exporters and countries within the scope of the case.

Vneconomy-Song Hà

Starting from January 1, 2026, the basic wage for workers in Taiwan (China), including Vietnamese workers, as well as contributions to labor insurance and health insurance will be adjusted.

Taiwan (China) has  recently announced an increase in the basic wage for workers in line with the approved roadmap, according to the Department of Overseas Labor under the Ministry of Home Affairs of Vietnam.

Starting from January 1, 2026, the basic wage for workers, including Vietnamese workers, as well as contributions to labor insurance and health insurance will be adjusted.

Specifically, the new basic wage will be NT$29,500 ($938) per month. The total labor insurance contribution is 11.5% of the worker’s basic wage, of which employers pay 70%, workers pay 20%, and the local government supports 10%.

For foreign workers, including Vietnamese workers, with a basic wage of NT$29,500 per month, the labor insurance contribution is: 29,500 × 11.5% × 20% = NT$679 per month.

Workers employed in household services are not required to participate in labor insurance.

Regarding health insurance, the total contribution is 5.17% of the worker’s basic wage, with employers paying 60%, workers paying 30%, and the local government supporting 10%.

For foreign workers with a basic wage of NT$29,500 per month, the health insurance contribution is: 29,500 × 5.17% × 30% = NT$458 per month.

Health insurance contributions apply to all workers, including those employed in household services.

Vneconomy-Nhật Dương

The plans must ensure compliance with established standards and transparent investment selection procedures.

Prime Minister Pham Minh Chinh has requested the Ministry of Construction to complete consultancy and survey plans for the North–South high-speed railway project by January 2026, ensuring compliance with established standards and transparent investment selection procedures.

He issued the directive while chairing a Government meeting in Hanoi on December 23 to discuss solutions to address difficulties facing the North–South high-speed railway project, the Lao Cai–Hanoi–Hai Phong railway project, and urban railway projects in Hanoi and Ho Chi Minh City.

The Prime Minister emphasized the need for openness, transparency, and optimisation in selecting investment options, particularly for the North–South high-speed railway project.

He noted that the selection of technology for railway projects, especially high-speed rail, must be carefully assessed based on multiple factors, including economic efficiency, political and diplomatic considerations, national security and defence, technology transfer capability, and operational effectiveness.

Regarding the Lao Cai–Hanoi–Hai Phong railway project, the PM  directed that Component Project 1 be implemented strictly according to schedule, while efforts to accelerate the pre-feasibility study should be intensified, with completion targeted no later than March 2026.

He also called for the diversification of funding sources, including savings from development investment expenditure, increased state budget revenues, expenditure reductions, and the medium-term public investment plan.

For urban railway projects in Hanoi and Ho Chi Minh City, the Prime Minister urged faster construction progress, particularly for underground sections, to ensure adherence to approved timelines. He assigned the Ministry of Finance to expedite procedures related to funding and relevant approvals, and called for the mobilisation of all available resources, including both state and private capital, to ensure synchronised investment in urban railway systems connected to major transport hubs.

VnEconomy-Minh Kiệt

With relations recently upgraded to a Strategic Partnership, Vietnam and the Czech Republic seeking growing cooperation into the future.

Cooperation between Vietnam and the Czech Republic has been steadily strengthened and expanded across a wide range of fields in the 75 years since diplomatic relations were established in 1950. This year, notably, marks a significant milestone with the two countries officially upgrading their relationship to a Strategic Partnership, opening a new era of deeper, more effective, and more substantive collaboration.

The elevated partnership is set to enhance cooperation not only in politics and economics but also in security and defense, education, science and technology, and cultural and people-to-people exchanges, creating a solid foundation for long-term mutual benefit.

Key strategic partner

The Vietnam-Czech Republic relationship has recorded numerous positive outcomes in cooperation. The Czech Republic is one of Vietnam’s leading trade partners in central and eastern Europe, while Vietnam stands as the Czech Republic’s most important partner in ASEAN. Notably, the Czech Republic was the first member of the EU to ratify both the EU-Vietnam Free Trade Agreement (EUVFTA) and the EU-Vietnam Investment Protection Agreement (EUVIPA), underscoring its commitment to deepening economic and strategic ties with Vietnam and paving the way for even greater collaboration in the future.

Czech businesses have also been actively investing in Vietnam in recent years. According to data from the Foreign Investment Agency (FIA) at the Ministry of Finance, the Czech Republic has invested in 46 active projects in Vietnam with total registered capital of $91.5 million, ranking it 52nd among countries and territories investing in Vietnam. Czech investors are primarily focused on sectors such as manufacturing and processing, real estate, and clean energy.

Importantly, the elevation of relations between Vietnam and the Czech Republic to a Strategic Partnership this year is expected to open the door to more intensive cooperation across economic, technological, and educational fields. Mr. Miloš Vystrčil, President of the Senate of the Parliament of the Czech Republic, told Vietnam Economic Times / VnEconomy that the longstanding and positive historical ties between the two countries will further strengthen the development of their already strong cooperation.

While the Czech Republic brings a well-developed technological and industrial base, Vietnam offers a dynamic and rapidly-expanding market. This combination creates fertile ground for collaboration. “This creates space for trade growth, joint investment projects, and the sharing of know-how, for example in the fields of energy, innovation, science and research, and a number of other sectors,” he noted.

Vietnam and the Czech Republic are also poised to strengthen collaboration in the fields of education, culture, and security. By leveraging these opportunities, the strategic partnership can promote long-term and stable development in bilateral relations, bringing benefits not only economically but also socially and politically. Such comprehensive cooperation will lay a solid foundation for future generations, fostering shared prosperity and a resilient, enduring partnership between the two countries.

Gateway to growth

Vietnam has increasingly emerged as a market of special interest to the Czech business community over recent years. Its stable macro-economic environment, combined with the rapid development of key industries, makes the country highly attractive to investors seeking new opportunities in Asia. Against this backdrop, Vietnam is widely regarded as a promising partner for Czech businesses, offering significant potential for both medium and long-term cooperation.

The interest of Czech businesses in Vietnam also stems from the continual strengthening of economic and trade relations between the two countries over recent years. Bilateral trade has maintained a positive growth trajectory, reaching more than $2.04 billion in 2024 and $1.87 billion in the first ten months of 2025, thereby providing an important foundation for expanding investment cooperation. Many Czech companies view Vietnam not only as a promising consumer market but also as an effective gateway to access the broader ASEAN region.

Beyond the sectors where the Czech Republic has long invested in Vietnam, Czech businesses are also actively exploring and expanding into new and emerging areas with the potential for high growth. Mr. Radek Jakubský, Vice President of the Czech Chamber of Commerce, said many Czech companies have been seeking investment and cooperation opportunities in fields such as information technology, smart city solutions, environmentally-friendly technologies, healthcare, and a wide range of other sectors.

The growing interest reflects both the dynamic development of the Vietnamese market and the willingness of Czech enterprises to bring their expertise and innovative solutions to support Vietnam’s modernization and sustainable growth.

Vietnam’s emphasis on attracting high-quality investment, promoting digital transformation, and developing green infrastructure has also created numerous new opportunities for international investors, including those from the Czech Republic. Support mechanisms for foreign enterprises in Vietnam, such as administrative reforms and tax incentives for high-tech sectors, are increasingly recognized as transparent and competitive. “Vietnam’s rapid economic growth is creating countless opportunities not only for large-scale investments but also for expanding cooperation across multiple fields,” Mr. Jakubský noted.

For future cooperation

There remains considerable space for further cooperation and development between Vietnam and the Czech Republic, both at the State level and between businesses on both sides. For example, as Vietnam moves towards green growth, digital transformation, and advanced technologies, the Czech Republic brings extensive experience in areas such as defense, automation, robotics, environmental management, and clean energy. The potential for the two to jointly develop projects or cooperate in technology transfer in these fields is vast and largely untapped.

Mr. Vystrčil highlighted that the Czech Republic possesses a strong technological foundation, particularly in automation, robotics, and eco-innovation, which are precisely the areas that Vietnam, as a rapidly-growing economy, requires for sustainable modernization. Technology transfer and joint projects in these sectors could generate mutual benefits. “Vietnam could use Czech know-how to ensure energy efficiency, develop green infrastructure, and support digital transformation, while Czech companies would have access to Vietnam’s growing market with all the new favorable opportunities it brings,” he said.

Looking ahead, if both countries focus their efforts on cooperation in these strategic areas, the benefits could extend beyond economics to create a positive impact on global sustainability. Furthermore, fostering collaboration through initiatives such as joint research centers, startup support, and expert exchanges will play a key role in strengthening bilateral ties.

The Czech Republic sees Vietnam as a reliable and dynamically-developing partner in the key region of Southeast Asia, which is of growing economic and political importance. For us, Vietnam is a bridge to ASEAN, a stable partner with a clear vision for modernization, and a country with which we share an interest in open trade, technological progress, and strengthening international security. Mr. Miloš Vystrčil, President of the Senate of the Parliament of the Czech Republic.

However, Czech businesses still face several challenges when investing in Vietnam, which could partly affect the overall picture of cooperation. Mr. Vystrčil noted that the main obstacles include cultural differences in the business environment and the complexity of administrative procedures. Though Vietnam holds enormous growth potential, it continues to present challenges related to legal certainty and transparent bureaucracy.

To overcome such barriers, it is crucial to strengthen and support diplomatic and trade channels through political leadership, increase the presence of Czech companies in the region, and facilitate mutual business missions, while promoting closer collaboration between business associations and industry partners in both countries. “It is also important to facilitate access to information about the Vietnamese market and investment conditions for Czech businesses, not only at the government level,” Mr. Vystrčil suggested.

VET-Phuong Hoa

The world-renowned travel magazine Lonely Planet has introduced the 25 best destinations in the world for 2026, including Quy Nhon in Vietnam.

Vietnam's Quy Nhon has been named among the "Best in Travel 2026" list,  announced recently by  the  world-renowned travel magazine Lonely Planet.

In its newly released publication, Lonely Planet presents the 25 best destinations in the world for 2026, including Quy Nhon in Vietnam. The fact that a coastal city in Vietnam that still retains its pristine beauty is ranked alongside many global giants is seen as recognition of the unique value of this locality.

For a long time, Quy Nhon has been regarded as a "hidden gem," nestled between the rolling mountains and peaceful lagoons of the central coastal region. As a developing coastal city, Quy Nhon does not overwhelm visitors with skyscrapers or large-scale resort complexes. Its appeal lies in the delicate harmony between nature, culture, and a relaxed pace of life. This is where "soft sandy beaches meet ancient Cham temples, fishing villages and a thriving culinary scene," said Lonely Planet.

Located near two famous coastal tourist destinations, Da Nang and Nha Trang, Quy Nhon is easily accessible by various means of transportation: rail, road, waterway, and air, making it an ideal stop for those planning to experience Vietnam's long coastline.

Quy Nhon boasts many famous attractions such as Nhon Hai-Hon Kho, Ky Co-Eo Gio, Ghenh Rang Tien Sa, Cu Lao Xanh, ancient temples, and numerous Cham towers like Thap Doi and Thap Banh It...

In particular, community tourism in small, peaceful, and rustic fishing villages has become increasingly popular among domestic and international tourists in recent years. Some of these fishing villages include Nhon Ly, Nhon Hai, Bai Xep, and Hai Minh...

"To explore beyond the city’s bounds, hop on a motorbike and wind your way to secluded coves and pristine beaches. Local favorites include the crescent-shaped Ky Co Beach and the peaceful cove of Bai Xep, which transforms into an open-air dining spot as night falls. Early risers can explore the mazelike alleyways of nearby villages, where street vendors tempt with delicacies like banh xeo muc (crispy squid pancakes) for breakfast," Lonely Planet recommended.

The magazine also suggested to international travelers that Quy Nhon has pleasant weather year-round, but the best time to visit is from December to April, when daytime temperatures range from 22°C to 28°C, with sunny days and little rain, suitable for all sightseeing activities or beach bathing, water sports... From June to August, the highest temperatures are around 30°C to 34°C, marking the peak season for domestic tourists.

In addition, the "Best in Travel 2026" list features 25 travel experiences worth trying, including food, culture, adventure, and nature exploration, among which is a river cruise on the Mekong through Vietnam and Cambodia.

vneconomy-Anh Hoang

The line will be extended by an additional 200 meters to improve network connectivity.

The People's Committee of Ho Chi Minh City has recently approved  adjustments to Metro Line 2 project that will run between Ben Thanh and Tham Luong.

According to the adjusted plan, the line will be extended by an additional 200 meters to improve network connectivity.

As a result, the total length of the line will be nearly 11.269 km,  including an underground section of about 9.255 km, a transition section of approximately 0.265 km, an elevated section of about 0.846 km, and a ground-level section leading into the depot of 0.903 km.

This is the first metro project to be implemented under special mechanisms and policies outlined by the National Assembly's Resolution No. 188/2025/QH15, dated February 19, 2025, which allows for piloting certain special mechanisms and policies to develop the urban railway network in Hanoi and Ho Chi Minh City.

VnEconomy-Thiên Ân

The bank citing the country’s robust export performance, resilient manufacturing activity and sustained foreign investment inflows.

Singapore’s United Overseas Bank (UOB) has recently upgraded its 2025 GDP growth forecast for Vietnam to 7.7%, citing the country’s robust export performance, resilient manufacturing activity and sustained foreign investment inflows.

In its report released on December 22, UOB projected Vietnam’s fourth-quarter growth at 7.2%, following a strong 8.23% rise in the third quarter, the highest since the post-COVID rebound.

UOB economists noted that the strong performance was underpinned by resilient exports and industrial production, even as the country continued to face headwinds from evolving US trade and tariff policies.

With real GDP expanding by a robust 7.85% in the first three quarters, Vietnam's outlook remains positive for 2026, UOB reported. For 2026, the country's growth pace could moderate slightly to 7% due to base effects and dissipation of front-loading.

VnEconomy-Minh Huy

The textile and garment sector's export turnover is estimated to reach $46 billion this year, marking a 5% increase compared to 2024.

At a press conference on December 23, Mr. Cao Huu Hieu, General Director of Vietnam National Textile and Garment Group (Vinatex), highlighted the industry's continued success in overcoming challenges.

According to him, the textile and garment sector has effectively managed global tariff fluctuations, minimizing negative impacts, and its export turnover is therefore estimated to reach $46 billion in 2025, marking a 5% increase compared to 2024. Of the figure, clothing export is projected to contribute $38 billion.

Currently, Vietnamese textile products are present in 138 markets worldwide, with the United States remaining the primary market, accounting for over $18 billion in exports (a year-on-year 10% increase). 

For Vinatex, 2025 can be described as a year of "remarkable overcoming of challenges," he said, explaining that amidst a global economic landscape filled with uncertainties, including the "fog" of countervailing duties from major powers and unpredictable market fluctuations, Vinatex has achieved impressive business results. The Group's consolidated revenue is estimated at nearly VND19 trillion (more than $722 million), with a standout profit figure of nearly VND1.4 trillion (more than $53.2 million), representing a 62.3% growth compared to the previous year and achieving 149% of the planned target. This is the second-highest profit in the Group's 30-year history, only surpassed by 2021. The garment sector continues to contribute significantly to this result, with over VND800 billion (more than $30.4 million) in profit.

Notably, 2025 witnessed a dramatic turnaround in the yarn sector. From a loss of VND95 billion in 2024, the sector rebounded to achieve a profit of VND176 billion in 2025. This "reversal" is not due to luck but the result of a strategy to diversify markets, decisively moving away from dependence on a single market and exploring new destinations such as Japan, South Korea, the Philippines, and Europe. The encouraging aspect is not just the overall value but also the uniformity: for the first time in many years, all three core sectors—yarn, dyeing, and garment—are profitable. "This is what we are most pleased about. It's not about how many thousand billion VND in consolidated profit, but the most important thing is that all the main sectors in the closed textile chain are profitable. Although the dyeing sector's results are still modest, it is no longer in the red. Even sectors outside of textiles, such as real estate business, are effective and contribute to more than VND1.35 trillion VND, as a result," Mr. Hieu shared.

For 2026, Vinatex  sets a revenue target of  VND20 trillion (nearly $760 million), a profit target of VND1.5 trillion (nearly $57 million), and   a trade surplus growth target of over 10%, thus contributing directly 10% to the national GDP growth. Meanwhile, its total factor productivity (TFP) growth is expected to exceed 5%, nearly double the national average for 2025.

vneconomy-Vu Khue

Pricing mechanisms and transmission infrastructure were identified as significant challenges to the development of LNG power in Vietnam.

At a forum titled "Strategy and Development Trends of the Natural Gas Market (CNG, LNG, and LPG) in Vietnam and the ASEAN Region," held on December 23, pricing mechanisms and transmission infrastructure were identified as significant challenges to the development of LNG power in Vietnam. 

During a discusssion at the forum, experts emphasized the critical role of natural gas as a transitional energy source, bridging traditional energy with renewables. With its extensive coastline and potential import ports, Vietnam is poised to attract investors to this value chain.

According to Power Plan 8, LNG is set to replace coal to ensure energy security and support renewable electricity in Vietnam. By 2030, the capacity of gas-fired power is expected to reach 30,000 - 39,000 MW, accounting for 25% of the total electricity output. Key projects like Nhon Trach 3 and 4 gas-fired power plants in southern Dong Nai province  have been inaugurated, while Hiep Phuoc and Son My gas-fired power plants (in Ho Chi Minh City and the south-central province of Lam Dong, respectively) are underway, with operations anticipated between 2027-2030. Additionally, the LNG terminal at Thi Vai port in Ho Chi Minh City has also put into operation, with plans to increase capacity to 3 million tons per year.

Despite such a potential, the implementation of gas-fired power projects still faces numerous obstacles. Dr. Nguyen Quoc Thap, Chairman of the Vietnam Petroleum Association, highlighted that the biggest challenge lies in mindset and the lack of synchronization in execution solutions. While there is consensus on strategy, current regulations are overlapping, creating barriers for businesses.

Moreover, LNG prices fluctuate with global energy prices and geopolitical tensions, while policy mechanisms are still being developed. Investing in LNG infrastructure requires substantial capital and long payback periods. If investors perceive high risks or lack of opportunities, they will withdraw. From power plants to terminals, all face difficulties.

Another significant challenge is the risk associated with electricity pricing, gas pricing, and power purchase agreements (PPA). Currently, no LNG power plant, except for the Hiep Phuoc project, has reached a final investment decision (FID).

Resolution 71 and current regulations require investors to bid on electricity prices, but these prices are capped or fixed at the time of bidding. The time from bidding to project realization takes at least 7-10 years, during which cost and price fluctuations make it difficult for investors to decide.

Transmission and distribution infrastructure is severely lacking in synchronization. A paradox exists where Vietnam's installed capacity is about 90GW, but actual mobilization is below 60%. The gap between invested capacity and actual mobilized capacity is significant due to inadequate transmission systems. Without resolving transmission issues, new investments in LNG or offshore wind power will face deadlock.

Mr. Pham Hoang Luong, former Vice Rector of Hanoi University of Science and Technology, identified four major challenges:

First, high fuel costs due to LNG being a safe fuel source used by many countries. The current import price of LNG is quite high (about $14.05 /million BTU). Adding transportation and regasification costs, the production cost of electricity can exceed VND3,000/kWh, putting significant pressure on electricity prices and overall production costs.

Second, infrastructure investment costs, such as building terminals and regasification pipeline systems, require enormous capital. To optimize costs, power plant clusters need to reach a scale of 3,000 – 4,000 MW, posing a difficult planning challenge.

Third, current standards and technical regulations for LNG in Vietnam are not yet fully synchronized, causing confusion in implementation and operational management.

Fourth, dependence on the international market. Transitioning from coal to LNG inadvertently increases national energy security dependence on global gas price fluctuations and supply sources.

To address these challenges, breakthrough policy mechanisms and a suitable fuel transition roadmap to green hydrogen by 2050, as committed at COP26, are needed. Dr. Nguyen Quoc Thap proposed two groups of solutions.

First, policy solutions. According to Dr. Thap, a National Energy Law integrating existing laws (Electricity, Minerals, etc.) should be developed. Synchronize LNG terminal, power plant, and transmission system planning. Avoid building too many standalone terminals, which increase output costs.

Moreover, simplify investor selection procedures (BOT, IPP). A government guarantee mechanism (GGU) is needed for key projects. Currently, state-owned enterprises like PVN, EVN, or TKV, despite being large, do not have full control over their cash flow or the ability to mortgage it, making investors wary without GGU.

Regarding transmission infrastructure, private investment should be allowed, and transmission fee calculations should be changed. Transmission fees should operate flexibly like transportation infrastructure (with high-cost highways, low-cost roads) so investors can recover capital. Keeping low fees as they are now discourages investment in transmission.

A flexible LNG electricity price framework, market-approaching, and suitable take-or-pay commitments are particularly needed. Currently, the draft regulation sets a minimum take-or-pay level of 65% - 75%, while investors want 85% - 90%. Without resolving this take-or-pay bottleneck, projects will stall.

Second, solutions to attract investment and support the development of LNG power projects to meet Power Plan 8 objectives.

Dr. Nguyen Quoc Thap believes that attracting and encouraging industrial park investors and factories to commit to long-term electricity consumption along with the LNG power plant - LNG terminal chain is necessary.

Additionally, effectively maintaining and exploiting domestic gas sources, combined with importing LNG from international/regional markets to diversify supply sources, is essential. At the same time, legal procedure obstacles should be removed, and the progress of ongoing LNG power projects like Son My 2, Bac Lieu, Ca Na should be accelerated. Allow LNG power plant investors with capacity to proactively invest in connection infrastructure with power plants after reaching agreements with the electricity buyer.

vneconomy-Song Ha

Amata VN PCL will invest in building the Amata City Phu Tho Industrial Park, covering 475ha in Doan Hung commune.

Authorities of northern Phu Tho province on December 23 granted an investment registration certificate to Amata VN PCL, a subsidiary of Thailand's Amata Group, for the Amata City Phu Tho Industrial Park project.

With a total investment exceeding $185 million, the industrial park is set to cover 475 hectares in Doan Hung commune, marking Amata's fifth project in Vietnam after nearly three decades of presence.

It aims to attract high-tech, environmentally friendly projects, thereby creating significant added value and aligning with sustainable development goals.

Amata City Phu Tho IP will be implemented in two phases. Phase 1 covers an area of 239.43 hectares, to be executed from 2025 to 2029; phase 2 covers 236.24 hectares, to be implemented from 2029 to 2033. The project's operational period is 50 years from the date of issuance of the investment registration certificate.

The IP is located at the northern gateway of the province, directly connected to National Highway 70 and the Phu Tho – Tuyen Quang expressway. The industrial park can therefore conveniently connect with the Hanoi – Lao Cai expressway, significantly reducing the time to transport goods to the Lao Cai border gate, Noi Bai International Airport, and the northern seaport system.

In Vietnam, Amata has been active in the industrial real estate sector for nearly 30 years, with over 2,500 hectares of land under development. Phu Tho is the fifth locality chosen by the group to develop an industrial park, following projects in Bien Hoa and Long Thanh (southern Dong Nai province), Ha Long (northern Quang Ninh province), and central Quang Tri province.

VnEconomy-Huỳnh Dũng

The new plan sets out a detailed roadmap to expand the development and application of nuclear energy through 2030.

Under recently-promulgated Prime Ministerial Decision No.2736/QD-TTg, a plan to implement the master plan on nuclear energy development by 2030, with a vision toward 2050, has been approved, according to a report from the Government News.

The new plan sets out a detailed roadmap to expand the development and application of nuclear energy through 2030, with a long-term vision to 2050, as part of a Government push to harness radiation and radioisotopes safely and effectively across key sectors.

Through 2030, key tasks focus on developing and applying radiation and radioisotopes in health care, natural resources and the environment, agriculture and industry, alongside strengthening nuclear science and technology capacity, human resources, and nuclear safety and security. 

Regarding the healthcare sector, the plan targets to upgrade and expand networks of radiotherapy, nuclear medicine and diagnostic imaging facilities. 

Specific tasks include investing in and establishing oncology and nuclear medicine departments in  provinces and centrally-run cities. Private healthcare facilities are encouraged to invest in modern radiation-based equipment.  

The plan also aims to improve facilities, workforce quality and operational efficiency of institutions involved in research, application and training in nuclear energy. 

Priorities include studying the establishment of a national institute or center for radiation medicine; investing in leading oncology and nuclear medicine units. 

VGP-Van Nguyen

Smart city coordination activities must be closely and synchronously integrated with initiatives in science, technology, innovation, and digital transformation across all administrative levels.

The Hanoi People's Committee has issued Decision No. 6369/QD-UBND regarding the establishment and operational regulations of the Hanoi Smart City Development Coordination Council.

The Council was established in accordance with Section 2, Article 42 of the Government’s Decree No. 269/2025/ND-CP (dated October 14, 2025) on smart city development. It operates under the jurisdiction of the Steering Committee for Science, Technology, Innovation, Digital Transformation, Administrative Reform, and Project 06.

The Chairman of the council is Mr. Vu Dai Thang, Chairman of the City People’s Committee whilst its vice chairmen including Mr. Truong Viet Dung, Vice Chairman of the City People’s Committee, and Mr. Nguyen Thanh Tung, Director of the City Police Department.

Members of the council include leaders from various municipal departments and agencies. Additionally, the council will receive consultancy and implementation support from experts and representatives from the Vietnam Software and IT Services Association (VINASA), the Ministry of Construction, Vietnam National University Hanoi, and the Ministry of Science and Technology.

The decision emphasizes that smart city coordination activities must be closely and synchronously integrated with initiatives in science, technology, innovation, and digital transformation across all administrative levels.

Vneconomy-Hoàng Bách

These organisations are among more than 50 investors and institutions that have expressed interest in participating in Vietnam's International Financial Center.

Ho Chi Minh City has announced the first 10 members of Vietnam's first International Financial Center (IFC), according to the municipal People’s Committee.

These organisations are among more than 50 investors and institutions that have expressed interest in participating in the IFC.

In the field of digital infrastructure and global digital assets, major players such as Binance, Circle, the Alliance of Onchain, Dragon Capital, and Tether have shown interest.

Meanwhile, infrastructure investment for the IFC has attracted companies including REE and a joint venture between Cathay United and Pension One Group.

In the technology sector, Viettel Group, TikTok, and FPT Corporation are among the participants.

The establishment of Vietnam’s International Financial Center was officially announced on December 21, marking a significant milestone for Ho Chi Minh City and Da Nang city, where the IFC is headquartered. It is expected to serve as a new growth driver while strengthening Vietnam’s, and particularly Ho Chi Minh City’s, position on the global financial map.

VnEconomy-Bích Hằng

A seminar focused on key solutions to fortify digital defense systems, ensuring sustainable growth and global integration.

Financial security in the digital age is far more than a technical or operational matter. It is directly linked to public trust, market stability, and the safety of the national economy, said Lieutenant General Nguyen Minh Chinh, Standing Vice President of the National Cyber Security Association.

"The urgent task at hand is to ensure that development goes hand-in-hand with security and safety," he told delegates at the seminar titled “Protecting National Financial Security in the Digital Era” on December 23. The seminar focused on key solutions to fortify digital defense systems, ensuring sustainable growth and global integration.

In today’s digital era, financial security has become an integral and inseparable component of national security. The banking and financial system, along with digital data infrastructure, serve not only as engines for economic growth but also as prime targets that  high-tech criminals aim at.

From the perspective of State management and the operation of the national payment system, Deputy Director of the IT Department at the State Bank of Vietnam (SBV), Mr. Phan Thai Dung, noted that the banking sector has been a pioneer in digital transformation, technological innovation, and service enhancement.

In an environment where cybercrime is becoming increasingly sophisticated, with rising risks from targeted attacks, supply chain vulnerabilities, third-party threats, and online fraud, the State Bank of Vietnam affirms that ensuring cybersecurity is a core priority, said Mr Dung.

"This mission requires close coordination between regulatory bodies, financial institutions, and specialized forces to safeguard the banking system and protect the rights of customers."

Chairman of the Digital Asset Management Council Center, Nguyen Dinh Thang, noted that the rapid growth of digital assets, cryptocurrency exchanges, and fintech is profoundly transforming the economy while heightening risks to national financial security. He likened the banking and financial system to the "circulatory system" of the economy, asserting that any disruption or manipulation could lead to serious macroeconomic instability.

"To safeguard national financial security, it is essential to perfect legislation regarding digital assets, cybersecurity, and personal data protection," said Mr. Thang.

This includes clearly defining the security responsibilities of banks, fintech firms, and payment intermediaries, as well as strengthening sanctions for violations. Simultaneously, the banking and financial sector must enhance cybersecurity, adopt emerging technologies, upgrade payment infrastructure, and raise public awareness.

Within the framework of the seminar, the project "Protecting National Financial Security in the Digital Era" for the 2026-2030 period was officially launched. This marks a significant transition from awareness to action, and from issuing warnings to establishing proactive, long-term defense mechanisms for Vietnam’s financial and banking system.

The project aims to establish a synchronized interdisciplinary coordination mechanism between state management agencies, specialized cybersecurity forces, and financial-technology institutions. This synergy is designed to optimize early risk detection and establish rapid response systems against digital fraud and sophisticated technical scams.

Vneconomy-Bảo Châu

Ninh Co EZ in northern province of Ninh Binh is set to become an integrated marine economy powerhouse…

Deputy Prime Minister Tran Hong Ha has signed Prime Ministerial Decision No. 2771/QD-TTg, officially approving the general planning task  for the Ninh Co Economic Zone (EZ) in northern Ninh Binh Province, with a vision toward 2050.

The planning scope encompasses the entire boundary of the economic zone established by the Prime Minister’s earlier Decision No. 88/QD-TTg dated January 14, 2025.

This area covers four communal administrative units and coastal alluvial flats, including Rang Dong and Hai Thinh communes, parts of Quy Nhat and Hai Xuan communes, as well as surrounding alluvial land and sea surface.

Significantly, the research scope extends approximately 16,000 ha into the sea beyond the immediate planning area. This expansion provides ample space to study and develop large-scale marine economic functions, including deep-water seaports and logistics hubs.

The total research area covers approximately 29,950 ha, with the designated planning area accounting for 13,950 ha. The master plan is structured into two phases: short-term until 2030 and long-term until 2050, in strict compliance with the 2024 Law on Urban and Rural Planning.

The inclusion of a vast sea area in the research scope reflects a strategic shift: Ninh Co EZ will not be confined to land-based development or traditional industrial-urban models. Instead, it is set to become an integrated marine economy powerhouse, centered on deep-sea ports, logistics services, energy, and marine tourism.

Accordingly, Ninh Co EZ is envisioned as a dynamic and efficient marine economic hub featuring an international multi-purpose deep-water port and synchronized infrastructure. A competitive investment and business environment is identified as a key factor to attract strategic investors, creating a growth engine that will benefit the Red River Delta and the country as a whole.

The master plan also positions Ninh Co EZ as a catalyst for Ninh Binh’s industrialization and modernization, aiming to transform the province into a hub of modern industry and advanced services. A new growth model will be established on the foundations of science and technology, innovation, digital transformation, and green transition, alongside high-quality human resource development. The private sector is designated as a vital driver of this economic evolution.

Ninh Co EZ is defined as a multi-sectoral, multi-functional integrated economic zone with modern infrastructure and a commitment to green development, environmental protection, and national security.

Development priorities include industry, services, logistics, urban development, and tourism. The zone will evolve into a synchronized urban-industrial-service-tourism hub following green and smart city models, integrated with high-end luxury resorts and ecological conservation areas.

Vneconomy-Nguyễn Thuấn

To ensure smooth customs clearance, all orchards and packing facilities participating in exports must be registered and approved by competent authorities of both countries.

China will officially allow the import of fresh jackfruits from Vietnam from June 1, 2026,  the Vietnam News Agency quoted an announcement from the General Administration of Customs of China (GACC) as reporting on December 23.

Accordingly, GACC set out phytosanitary requirements for fresh jackfruits imported from Vietnam.

The decision was made based on China’s current legal regulations and the Protocol on the export of fresh jackfruits signed between GACC and Vietnam’s Ministry of Agriculture and Environment.

To ensure smooth customs clearance, all orchards and packing facilities participating in exports must be registered and approved by competent authorities of both countries. The list of approved entities granted export codes will be published and regularly updated on the GACC website.

Prior to export, Vietnamese authorities will conduct quarantine sampling at a rate of 2% of consignments. If no violations are detected within one year, the sampling rate may be reduced to 1%.

Vietnam News Agency-Vân Nguyễn

The central city earning top scores in three categories: smart governance, innovation and start-up attractiveness, and green environment.

Central Da Nang city was named Vietnam’s Smart City of 2025 at a ceremony held on December 23 by the Vietnam Software and IT Services Association (VINASA), marking the sixth consecutive year the city has received the prestigious title.

This year, Da Nang earned top scores in three categories: smart governance, innovation and start-up attractiveness, and green environment.

Notably, the city also claimed the “Most Livable City” award, which was determined through public voting based on seven key criteria: governance, transportation, environment, infrastructure, start-up ecosystem, security, and digital economy.

Throughout 2025, alongside strengthening tourism development and environmental protection, Da Nang took pioneering steps in building infrastructure for the semiconductor and artificial intelligence industries. The city also advanced plans to establish a regional financial center through pilot programs and incentive mechanisms aimed at fostering a dynamic digital economy.

VnEconomy-Ngô Anh Văn

The US remaining the largest export market, with shipments valued at $37.9 billion, up 80.7% year-on-year.

Vietnam’s exports of computers, electronic products and components reached $96.92 billion in the first 11 months of 2025, representing a sharp year-on-year increase of 48.5%, according to Vietnam Customs.

The United States remained the largest export market, with shipments valued at $37.9 billion, up 80.7% year-on-year. It was followed by China with $15.28 billion, up 37.6%; the European Union with $9.88 billion, rising 10.6%; Hong Kong (China) with $9.69 billion, up 30.8%; and the Republic of Korea with $7.76 billion, surging 52.2%.

Meanwhile, exports of phones and accessories were estimated at $52.66 billion, an increase of 4.8% compared to the same period last year. Of this total, exports to China reached $13.41 billion, down 1.8% year-on-year; to the United States earned $9.42 billion, up 0.8%; and  to the EU stood at $6.61 billion, rising 8.6%. Notably, exports to emerging markets such as India and Japan recorded strong growth of 24.1% and 19.1%, respectively.

On the import side, computers, electronic products and components continued to dominate, with import turnover reaching $136.17 billion, up 39.2% year-on-year. Imports of phones and accessories amounted to $10.26 billion, an increase of 8.8%.

VnEconomy-Hạ Chi