The gap between domestic and global gold prices down 26.7% from the peak recorded on January 30.

Gold prices in Vietnam edged lower on February 26, the 10th day of the first lunar month, known as the God of Wealth Day, despite gains on the global market.

Prices of SJC-branded gold bars dropped by VND300,000 (US$11.5) per tael compared to the previous day, settling at VND182 million ($6,980) per tael for buying and VND185 million ($7,089) per tael for selling.

One tael equals 37.5 grams, or 1.2 ounces.

Globally, gold prices rose by more than 0.5% from the previous session to $5,191.5 per ounce. At this level, domestic gold prices remain approximately VND18.77 million ($716) per tael higher than international prices. The gap has narrowed by more than VND1 million ($38) per tael compared to the previous day and is down 26.7% from the peak recorded on January 30.

VnEconomy-Mai Nhi

If the proposal is accepted, the new wage level will be applied by Mid-2026

The Vietnam General Confederation of Labor has announced plans to participate in the National Wage Council's activities for 2026, which includes proposal for a new minimum wage increase by mid-2026.

According to the plan, the Confederation's proposal for adjusting the minimum wage is expected to be developed in May and June 2026. Prior to this, from February to May 2026, there will be surveys and evaluations of labor, wages, income, spending, and the living conditions of workers in enterprises for the year 2025.

The report on labor, wages, income, spending, and living conditions of workers for 2025 will be prepared, along with the Confederation's proposal for adjusting the minimum wage on a monthly and hourly basis, to support negotiations for the 2026 minimum wage. 

Participation in official meetings of the National Wage Council and gathering opinions within the union system will take place from February to September 2026, following the Council's program. 

Previously, based on the National Wage Council's recommendations, the government issued Decree No. 293/2025/ND-CP (Decree 293) on November 10, 2025 , setting the minimum wage for workers under labor contracts, effective from January 1, 2026, replacing Decree No. 74/2024/ND-CP. According to Decree 293, the regional minimum wage increased by 7.2%, higher than recent years' adjustments, with a 6% increase in 2024.

According to Mr. Pham Truong Giang, Director of the Department of Wages and Social Insurance (Ministry of Home Affairs), the early issuance of Decree 293 by the Government provides ample time for businesses to prepare and encourage workers. For businesses, the reasonable increase and appropriate timeline have facilitated stronger ties between employers and employees. This has been a foundation for increased labor productivity recently, creating significant momentum for economic growth in 2026 and beyond.

Vneconomy-Nhat Duong

Since 2000, the deposit insurance limit in Vietnam has been adjusted three times, with the 2025 value increased by approximately 4.16 times compared to 2000.

The maximum deposit insurance payout has been proposed by the State Bank of Vietnam to increase by 2.8 times higher than the current level. 

Since 2000, the deposit insurance payout limit in Vietnam has been adjusted three times, with the 2025 level increased by approximately 4.16 times compared to 2000. However, during the period, the per capita GDP has surged 22 times, causing the ratio between deposit protection and average income to plummet from 5.2 times to just 1 time by 2025.

Vietnam's GDP has grown from $31.17 billion in 2000 to $514 billion in 2025, a nearly 16.5-time increase over 25 years. By 2030, GDP is expected to grow another 1.6 times compared to 2025. These figures indicate that the current deposit protection level has not kept pace with economic growth.

Alongside economic development, the scale of insured deposits has also expanded rapidly. From 2000 to 2025, insured deposit balances increased from VND66.4 trillion (more than $2.54 billion) to approximately VND10.2 quadrillion (nearly $390.47 billion). As of December 31, 2025, the total insured deposit balance reached VND10.02 quadrillion, a 51.4% increase from the end of 2021. The number of insured depositors also rose significantly, reaching 138.69 million, a 66.87% increase from 2021.

The central bank noted that by December 2025, over 56 million accounts had balances below VND50,000 and were mostly inactive, accounting for more than 40% of insured depositors. This is primarily due to the growing popularity of online account opening, leading many to have multiple unused accounts.

Excluding these accounts, with a protection level of VND125 million, the percentage of fully protected depositors is only 87.61%. This is lower than the global average of 98% and below Vietnam's target of 92%–95%, according to its deposit insurance development strategy.

vneconomy -Ky Phong

Preliminary investment capital for the project is estimated at more than billion VND5.4 trillion (over $206.7 million).

The Ho Chi Minh Road Project Management Board has recently submitted a proposal to the Ministry of Construction to upgrade and expand the Ho Chi Minh Road segment from Nam Can to Dat Mui,  in the southern most province of Ca Mau, with preliminary investment capital estimated at more than billion VND5.4 trillion (over $206.7 million).

According to the proposal, the project covers a total length of approximately 58.46 kilometers.

The design plan mainly retains the current centerline and expands on both sides, taking advantage of the previously invested roadbed to minimize the volume of land clearance.

According to the Ho Chi Minh Road Project Management Board, the area was previously cleared for a roadbed width of 12 meters. After the upgrade, the road will be expanded to accommodate 2 to 4 lanes, meeting the standards of a level III plain road, with a design speed of 80 km/h.

The project is expected to be funded by the state budget under the medium-term public investment plan for the 2026-2030 period.

The proposal aims to gradually complete the entire National Highway 1 from Hanoi to Ca Mau as per the plan approved by the Prime Minister. 

Vneconomy-Thanh Thuy

The projected road that connects Pho Hien an Hung Ha wards is expected to create new space and momentum for local socio-economic development.

During its 37th session on February 25, the People's Council of Hung Yen province in northern Vietnam passed an investment policy for a road that will connect Pho Hien Ward to Hung Ha Ward road, with total capital estimated at VND16 trillion (more than $612 million).

The projected road is in line with the national master plan, the Red River Delta regional plan, and related plans for transport infrastruction, thereby gradually completing the transportation network as directed, enhancing regional connectivity, and expanding urban and industrial development space in the province.

The projected road is expected to gradually complete a synchronized transportation infrastructure system, enhance connectivity capacity, thereby creating new space and momentum for local socio-economic development.

The project, one of the largest-scale infrastructure projects in the province in recent years, is expected to be implemented during the 2026-2028 period.

Vneconomy-

Under a draft decree, the management of raw rare earth will be tightened.

The Ministry of Agriculture and Environment has issued Document No. 21/VBHN-BNNMT, regarding a draft decree detailing the implementation of certain provisions of the Law on Geology and Minerals,  including the management of rare  earth.

Accordingly, investigation, exploration, extraction, processing, and utilization of rare earths must comply with the national strategy on rare earths.

According to the draft decree, the Ministry of Agriculture and Environment is responsible for organizing geological surveys, assessing potential of, and exploring rare earths.

Licenses for rare earth mineral exploration and the transfer of exploration rights can only be issued under a written approval from the Prime Minister and in compliance with the regulations.

Regarding the extraction and processing of rare earths, the draft decree stipulated that licenses for the extraction of rare earth minerals and the transfer of extraction rights are only granted under written approval from the Prime Minister and in compliance with the regulations.

The processing direction involves using advanced technology and modern equipment, ensuring environmental protection; the extraction of rare earth minerals must be linked to processing projects that produce at least total oxides, hydroxides, or rare earth salts with a TREO content of 90% or more, encouraging the production of separate rare earth elements (REO), using advanced technology and modern equipment, and maximizing the recovery of useful accompanying minerals.

The Ministry of Agriculture and Environment must report to the Prime Minister within five working days from receiving the application from the appraisal agency, regarding the approval or disapproval of the issuance of extraction licenses for rare earth minerals and the transfer of extraction rights. Within three working days from receiving the Prime Minister's written approval, the Minister of Agriculture and Environment will issue the extraction license and approve the transfer of extraction rights. If the Prime Minister does not approve, the Ministry must respond in written form, clearly stating the reasons.

Processing (selection, refining, separation) of rare earths is only allowed at facilities authorized to operate under the law, meeting technology standards, environmental safety, and radiation control. Organizations and individuals involved in the extraction and processing of rare earths are required to submit monthly reports on extraction volumes, processing volumes, refined products, and other necessary information to the Ministry of Agriculture and Environment and the Ministry of Industry and Trade.

Under the draft decree, areas reserved for rare earth minerals are determined based on geological survey results, mineral planning, and meeting sustainable economic-social development goals and national defense and security requirements. The Ministry of Agriculture and Environment is responsible for delineating, approving, and announcing the list and boundaries of areas reserved for rare earth minerals. Management and protection of these areas are conducted according to national mineral reserve regulations, ensuring no loss or damage to rare earth minerals.

Geological and mineral information on rare earths is centrally managed in a database operated by the Ministry of Agriculture and Environment. The collection, storage, exploitation, and provision of rare earth data must comply with state secrecy protection regulations. Overall management and control of rare earths are conducted through a national digital data system, ensuring continuous monitoring of extraction, processing, refining, separation, and import-export of rare earths, tracing the origin from mine to final product.

The Ministry of Agriculture and Environment coordinates with relevant ministries to organize international cooperation in research, development of geological survey technology, exploration, environmental restoration in mining activities, and mine closure for rare earth minerals. The Ministry of Industry and Trade, in collaboration with the Ministry of Foreign Affairs, the Ministry of Science and Technology, and the Ministry of Agriculture and Environment, organizes international cooperation in research, development of extraction and processing technology for rare earths, training high-quality human resources, and technology transfer.

Notably, international cooperation on rare earths is only conducted with partners, organizations, or countries approved by the Prime Minister, ensuring principles of equality, mutual benefit, and no impact on national security, defense, and interests. The decree clearly states that the government uniformly manages geological survey, exploration, extraction, processing, use, and storage of rare earths nationwide, ensuring resource security, national security, and national interests.

Management and control of rare earths are conducted through a national digital data system, ensuring continuous monitoring of extraction, processing, refining, separation, and import-export of rare earths, tracing the origin from mine to final product, and inter-agency reconciliation between resource management, industry, trade, and customs.

The Ministry of Agriculture and Environment is accountable to the government for state management of geological surveys, potential assessment, exploration, and extraction of rare earths; managing extraction volumes by mine and license, including rare earths recovered from accompanying minerals. Additionally, it is responsible for building, operating, and managing the national database on rare earths, including geological data, reserves, quality; extraction volumes by mine and standardized conversion units; mine, license, enterprise, and rare earth product batch identifiers.

The Ministry of Agriculture and Environment also issues technical standards, data standards, and methods for converting rare earth production; organizes reconciliation and verification of original data for inter-agency state management. The Ministry of Industry and Trade is responsible for coordinating industrial, market, and import-export policies for rare earths and rare earth products. It also manages and controls processing, circulation, and import-export volumes of rare earths based on data from the national rare earth database operated by the Ministry of Agriculture and Environment.

The Ministry of Industry and Trade organizes a system for tracing the origin of rare earth products along the value chain, ensuring each rare earth product on the market has legally traceable origin information; data interconnection with the Ministry of Agriculture and Environment and customs authorities; avoiding duplicate data systems.

Activities related to rare earths must ensure principles of resource protection, environmental protection, and sustainable development; extraction and processing must be linked to deep processing, increasing added value, and ensuring technological autonomy; unprocessed rare earth minerals that do not meet deep processing standards are not allowed to be exported, and only deep-processed products are exported according to the list approved by the Prime Minister.

vneconomy-Hang Anh

With a vision for comprehensive innovation, the program not only focuses on training quality but also aims to facilitate a fundamental shift in labor and economic structures.

Deputy Prime Minister Le Thanh Long has signed Prime Ministerial Decision No. 328/QD-TTg, officially approving a national program titled "Innovating and Improving the Quality of Vocational Training for Rural Areas until 2030."

Under the program, the Government aims to provide vocational training, retraining, and skill enhancement for an average of 1.5 million rural workers per year through 2030. Of this total, non-agricultural training is expected to account for 70%, while agricultural and rural development training will make up the remaining 30%.

A key pillar of the program is its focus on marginalized groups, specifically prioritizing women, people with disabilities, and ethnic communities. The Government has set a target for over 85% of participants to secure employment following their training.

To achieve these ambitious goals, the program outlines several key missions and solutions. Central to this is raising public awareness of the vital role vocational training plays in enhancing the quality of rural human resources, creating jobs, increasing income, and ensuring sustainable poverty reduction.

With a vision for comprehensive innovation, the program does not only focus on training quality but also aims to facilitate a fundamental shift in labor and economic structures. This strategy is designed to bridge the gap in the ratio of trained laborers between rural and urban areas.

The program will be implemented nationwide, with specific priority given to: extremely disadvantaged communes in coastal areas and islands; communes, villages, and hamlets in ethnic and mountainous regions; and areas undergoing modern rural development.

A strategic focus will be placed on developing high-quality personnel for advanced and modern agricultural production. Furthermore, the program seeks to transition a segment of the rural workforce into industrial and service sectors to support the industrialization and modernization of the countryside and enhance international integration.

Ultimately, rural human resource development will be closely aligned with the construction of modern, culturally rich, and sustainable rural areas that can adapt to urbanization and climate change. By placing rural residents at the center of this initiative, the Government aims to create practical, effective, and sustainable career transitions that bring clear improvements to the livelihoods of the people.

Vneconomy-Phúc Minh

According to the proposal, this is a Group A project and a special-grade road transport infrastructure, slated for implementation between 2025 and 2028.

The Hanoi Department of Construction has submitted a report to the Hanoi People’s Committee regarding the renovation and expansion of Ring Road 2, encompassing both elevated and ground-level sections from Nga Tu So to Cau Giay (Lang Street), with an estimated total investment of over VND21 trillion (nearly $804 million).

According to the proposal, this is a Group A project and a special-grade road transport infrastructure, slated for implementation between 2025 and 2028. Within the total investment, site clearance costs account for a significant portion, approximately VND 17 trillion (nearly $651 million),  while the remainder is allocated for construction and related items.

The Department of Construction has evaluated two primary investment options:

Option 1: Construction of a viaduct (elevated bridge). The centerline of the elevated section would align with the planned centerline of the ground-level road. The proposed cross-section is approximately 53.5 meters for the ground road and 19 meters for the elevated bridge. This option is highly regarded for ensuring synchronization with urban planning, providing convenient traffic connectivity, being suitable for domestic construction capabilities, and requiring lower investment costs.

Option 2: Construction of a large-diameter tunnel. This would be combined with a specialized drainage system for flood prevention.

According to the department, option 2 faces numerous technical and logistical challenges. Therefore, following a detailed analysis, the department has recommended option 1 (the viaduct) as the optimal choice for investment.

Furthermore, the department suggested that the project initially be implemented through public investment using the city budget to accelerate progress. At a later stage, the city could consider converting the project to a Public-Private Partnership (PPP) model to diversify capital sources.

Vneconomy-Phương Nhi

Between September 2025 and February 2026, the vicinity of Da Nang International Airport recorded multiple instances of UAVs intruding into airspace for aircraft takeoff, approach, and landing.

Following a series of unauthorized Unmanned Aerial Vehicles (UAVs) entering takeoff and landing zones at Da Nang International Airport, causing numerous flights to delay or divert, the Ministry of Construction (MoC) has called for strengthened control and strict penalties for activities threatening aviation safety and security.

The MoC has dispatched an official document to the Ministry of National Defense, the Ministry of Public Security, and the People’s Committees of provinces and cities housing airports. The directive aims to prevent UAVs from compromising the security and safety of flight operations at airports and airfields.

According to reports from the Civil Aviation Authority of Vietnam (CAAV), between September 2025 and February 2026, the vicinity of Da Nang International Airport recorded multiple instances of UAVs intruding into airspace for aircraft takeoff, approach, and landing.

These UAVs were detected operating at altitudes ranging from 1,000 to 3,800 feet. Consequently, many flights were forced to enter holding patterns, suspend operations, change takeoff/landing runways, or divert to alternate airports. These disruptions have caused significant economic losses and created potential risks of mid-air collisions, directly threatening civil aviation safety.

Vice Minister of Construction Le Anh Tuan noted that these recurring and increasingly complex incidents indicate that current measures to control and prevent illegal UAV activity near airports have not been fully effective. This poses serious risks to both flight safety and national security, particularly during the peak travel period of the Lunar New Year.

To proactively mitigate these security threats, the MoC requested that the Ministry of National Defense, the Ministry of Public Security, and local Anti-Terrorism Steering Committees direct relevant agencies to enhance the management, inspection, and supervision of UAVs and other flight vehicles. All activities must strictly comply with Decree No. 288/2025/NĐ-CP of the Government and other relevant legal regulations.

Vneconomy-Minh Kiệt

Forecasting the outlook for 2026, Vietcombank Securities (VCBS) noted that while real estate credit continues to grow as numerous projects enter the sales phase and accelerate construction—driving up demand for medium- and long-term capital—access to funding will not be as favorable as in previous years.

In 2026, amid strictly controlled bank credit and corporate bond channels, capital flows into the real estate market are forecast to move in a more cautious and selective direction.

According to the latest report from the State Bank of Vietnam (SBV), as of November 30, 2025, outstanding credit for the real estate business sector reached over VND2 quadrillion (nearly $76.7 billion).

Forecasting the outlook for 2026, Vietcombank Securities (VCBS) noted that while real estate credit continues to grow as numerous projects enter the sales phase and accelerate construction—driving up demand for medium- and long-term capital—access to funding will not be as favorable as in previous years.

VCBS experts explained that the current regulatory orientation aims to maintain the proportion of real estate loans at approximately 24–25% of total outstanding debt, especially as non-performing loan (NPL) risks in this sector are on the rise. Consequently, while real estate credit is increasing, it will be more strictly monitored to prevent the "overheating" witnessed in previous cycles.

On the demand side, a proposal to tighten lending ratios for second properties (which has not yet been officialized) could impact the investor segment. Additionally, interest rates are projected to edge upward in the near future.

Beyond bank credit, the real estate corporate bond market is also exhibiting a clear trend of differentiation and selectivity. Reports from the Ministry of Construction indicated that in 2025, the corporate bond market recovered gradually but not yet sustainably, despite a significant improvement in issuance volume during the second half of the year.

The banking sector continues to play a dominant role, while real estate bonds are being issued selectively, focusing on developers with strong financial capacity and the ability to accept high interest rates. the issuance structure shows a sharp divergence between industries, reflecting a prevailing sense of investor caution. Overall, while the 2025 market was more stable than in previous periods, it remained under pressure from capital costs and maturity obligations.

This pressure is not expected to ease in 2026. VCBS predicts that the volume of maturing bonds will surge in the second and fourth quarters of 2026, with a large portion tied to real estate enterprises. Simultaneously, access to new capital will continue to be more tightly controlled in terms of both issuance conditions and costs. As a result, developers with weak financial standing, high leverage, and illiquid project portfolios will face significant refinancing risks. However, experts also view this as a necessary "screening" mechanism to filter out developers as the market enters a new development cycle.

Reflecting on this reality, economist Dinh Trong Thinh assessed that the recovery momentum of the real estate bond market remains relatively cautious and modest in pace, which continues to pose challenges for bond investment activities. Consequently, both corporate issuance and market trading volumes have yet to meet expectations.

However, he noted that if the positive growth momentum from late 2025 is sustained, the market recovery could become more distinct and robust. This would gradually solidify the market's role as a vital channel for medium- and long-term capital for the economy. In such a scenario, the market will help augment financial resources and enhance the capacity to meet capital demands for production and business, creating a foundation for more sustainable economic growth.

"Regarding policy, the State must continue to act as a 'conductor' in guiding and supervising the market, but in a flexible and modern manner. Intervention should focus on perfecting a clear and transparent legal framework, ensuring discipline and market stability," the expert said.

For issuing enterprises, Mr. Thinh advised that companies must strictly comply with information disclosure regulations and maintain transparency regarding their financial status, the intended use of capital, and debt repayment capacity. Only when investors are provided with sufficient data to objectively assess risks can the bond market operate safely and sustainably, avoiding a repetition of past mistakes.

Sharing his views at a recent event, economist Can Van Luc noted that changes in the monetary environment will force real estate developers to undergo comprehensive restructuring—ranging from financial strategies and project portfolios to product structures. According to him, businesses must develop the capacity to adapt to the new interest rate environment.

Vneconomy-Thanh Xuân

Following integration with neighboring regions, HCM City has evolved into a quintessential service economy. The service sector now accounts for a substantial 60-65% of the city's Gross Regional Domestic Product (GRDP).

Moving away from a reliance on traditional industries, Ho Chi Minh City’s growth momentum for the 2026-2030 period will concentrate on "seven strategic spearheads," ranging from international finance and the digital economy to semiconductors, next-generation logistics, and high-quality healthcare.

Speaking at the recent online workshop "Identifying High-Growth Sectors and Opportunities for Businesses," Mr. Do Thien Anh Tuan from the Fulbright School of Public Policy and Management emphasized that following integration with neighboring regions, HCM City has evolved into a quintessential service economy. The service sector now accounts for a substantial 60-65% of the city's Gross Regional Domestic Product (GRDP).

Looking toward 2030, the expert identified five major international drivers that will propel the city's breakthrough: Digital Transformation (AI), global supply chain restructuring, green growth (ESG), an aging population, and the boom of the service sector.

Based on these drivers, he outlined seven potential industry groups where businesses can seize development opportunities:

Firs, finance – banking – fintech. Anchored by the recently inaugurated Vietnam's International Financial Center in Ho Chi Minh City (VIFC-HCMC), the city expects to attract leading global financial institutions.

Second, the digital economy. The city aims for this sector to contribute 40% of its GRDP by 2030. Momentum is expected from AI, data, the digitalization of government and business, and e-commerce. High-growth segments include Data Centers, Cloud Computing, and Cybersecurity. This transition requires massive investment in digital infrastructure and clean energy (for instance, a proposed Data Center project in Cu Chi would require approximately 2,500 MW of power).

Third, semiconductors and next-generation electronics. Mr. Tuan noted that Vietnam has designated semiconductors as a strategic industry, with HCM City at the forefront. The city aims to train 39,000 university-level personnel for this sector by 2030, focusing on Assembly, Testing, and Packaging (ATP), chip design, smart electronics, and the Internet of Things (IoT).

Fourth, high-tech manufacturing and biotechnology. This involves transitioning to high-tech industries with lower carbon emissions and attracting projects to the Saigon Hi-Tech Park (SHTP). Potential areas include automation, robotics, new materials, environmental technology, and the circular economy.

Fifth, logistics and seaports. The strategy includes developing the "super-port" complex of Cai Mep - Thi Vai in conjunction with the Can Gio port and the Cai Mep Ha Free Trade Zone (FTZ). This model necessitates seamless connectivity with industrial hubs, urban centers, and the Long Thanh International Airport.

Sixth, premium services, cultural industries, and digital content.

Seventh, urban tourism and high-quality healthcare.

Vneconomy-Vũ Khuê

High demand for labor is concentrated in key sectors, including textiles and garments, footwear, construction, wood processing, mechanical engineering, and electronics.

Enterprises across southern Dong Nai province are expected to recruit approximately 173,000 workers in 2026 to meet production demands, according to the Provincial Employment Service Center.

In the first quarter of 2026 alone, recruitment demand is estimated at 35,000 employees. This surge is primarily driven by plans to ramp up production and fulfill export orders following the Lunar New Year (Tet) holiday.

High demand for labor is concentrated in key sectors, including textiles and garments, footwear, construction, wood processing, mechanical engineering, and electronics. Notably, several footwear companies are seeking large-scale recruitment, with some individual units requiring up to 1,000 new workers.

To bridge the gap between labor supply and demand, the Dong Nai Employment Service Center is innovating its job fair formats. The center is also strengthening coordination with local authorities through a network of employment support collaborators across 95 communes and wards.

Furthermore, the center is partnering with colleges and vocational schools to implement "Job Corners" for students. This initiative aims to expand the labor supply and better meet the specific hiring needs of local businesses.

Recruitment activities are also being integrated with social welfare goals, prioritizing support for laborers in border communes, ethnic communities, members of impoverished households, and skilled workers whose expertise aligns with the province's economic development strategy.

Reflecting on 2025 performance, the center received recruitment requests from over 7,700 enterprises for a total of 166,000 positions. Consequently, the province successfully placed approximately 131,000 workers, reaching 105% of the annual target—a 21.7% increase compared to the previous year.

Alongside the active labor market, investment attraction in the province remains robust. From the beginning of the year to January 20, 2026, total domestic investment in industrial parks, economic zones, and external areas reached approximately VND10.9 trillion ($418 million), accounting for 6.8% of the annual plan.

Regarding business development, January 2026 saw the total registered capital for new and expanded businesses reach over VND12.2 trillion (nearly $468 million), representing a 44.3% increase compared to the same period in 2025.

Vneconomy-Thi Nguyễn

Total investment capital is estimated at VND30 trillion ($1.14 billion).

The People’s Committees of Mekong Delta’s Can Tho city and An Giang province have proposed the Ministry of Construction to expand Chau Doc – Can Tho – Soc Trang expressway from four lanes to six lanes.

Total investment capital is estimated at nearly VND30 trillion ($1.14 billion).

If approved, the project is scheduled to start construction in early 2027 and complete by the end of 2029.

Under the initial plan, the first phase of the expressway,  which is currently under construction, has 4 lanes with a roadbed width of 17m. It has a total length of over 57km, including 56.434km through An Giang and 0.58km through Can Tho. Total investment capital is estimated at over VND13.5 trillion ($515 million).

The expressway consists of 47.984km of road and 33 bridges with a total length of 9.029km.

The expressway is identified as a key transportation project in the Mekong Delta region, playing a crucial role in completing the regional expressway network, connecting vertical axes, and meeting transportation demands along the important horizontal corridor of the region.

VnEconomy-Minh Kiệt

Following China, the United States ranked as the second-largest market, with a turnover of approximately $48.54 million, up 56.1% compared to January 2025.

Vietnam’s fruit and vegetable industry has entered 2026 with a remarkably positive outlook. According to data from Vietnam Customs, export turnover for fruits and vegetables in January 2026 reached over $644 million, a staggering 72.9% increase compared to the same period in 2025. 

In terms of market structure, China continues to be the largest partner for Vietnamese produce. Specifically, in January 2026, export turnover to this market reached nearly $376 million, up 117.6% year-on-year, accounting for 58.31% of the industry's total export value. Key export items include durian, bananas, dragon fruit, mangoes, and coconuts. 

Following China, the United States ranked as the second-largest market, with a turnover of approximately $48.54 million, up 56.1% compared to January 2025. Exports to the US primarily consist of processed fruit and vegetable products and specialty fruits such as pomelo and coconut. This result reflects a growing trend in the export structure toward high-value-added products.

In the EU market, processed vegetables and fruit juices continue to hold a dominant position. Although growth was not as explosive as in the Chinese market, exports to the EU maintained a stable upward trend. This demonstrates the ability of Vietnamese enterprises to adapt and upgrade their quality standards to meet stringent international requirements.

According to Mr. Dang Phuc Nguyen, General Secretary of the Vietnam Fruit and Vegetable Association (VINAFRUIT), "With the current growth momentum and active support from the Government in promoting double-digit economic growth, Vietnam's fruit and vegetable industry is expected to reach an export turnover of $9.5 to $10 billion in 2026."

Dr. Dinh Cao Khue, Vice Chairman of VINAFRUIT and Chairman of Dong Giao Food Export Joint Stock Company (Doveco), noted that while the industry previously relied on a few traditional markets and familiar products, it is now simultaneously consolidating old markets, breaking into demanding markets, and gradually conquering high-value-added segments.

This market shift is accompanied by a change in product structure. Supply chains are moving away from dependence on a few traditional items toward diversifying products, markets, and processing methods. According to Dr. Khue, this is not just a short-term positive signal but the foundation for a more sustainable development cycle for the industry.

Based on consumption trends in domestic and key international markets including Europe, the US, Japan, and South Korea, Dr. Khue believes there is still immense potential for Vietnam’s processed vegetables and high-quality products if they meet the right standards and consumer tastes.

To achieve this, Dr. Khue proposed three developmental pillars: expanding and reorganizing raw material zones toward sustainability and strengthening supply chain links; investing heavily in deep processing to increase value; and proactively expanding markets and penetrating high-end segments. With the synchronized implementation of these solutions, the goal of pushing fruit and vegetable export turnover to 10–10–20 billion in the coming years is considered entirely feasible.

Vneconomy-Chu Khôi

Vietnam’s higher education sector must adapt to the changing requirements stemming from globalization and digital transformation.

In this era of globalization and rapid digital transformation, higher education faces an urgent need for continuous innovation in order to adapt to rapidly-changing social conditions and the knowledge-based economy. Industry 4.0, marked by the explosive development of AI, big data, the Internet of Things (IoT), and digital technology, has profoundly transformed how people learn, work, and interact. Against this backdrop, higher education not only plays a role in training human resources but has also become a critical component of the national innovation ecosystem.

The State and society are paying increasing attention to training quality as well as the innovation capacity of higher education institutions. This is reflected in policies promoting university autonomy, encouraging research, knowledge transfer, and cooperation between universities, businesses, the government, and the community.

At the same time, the shift from a “traditional education” model - focused primarily on theoretical knowledge - to a model of “liberal and innovative education,” which emphasizes critical thinking, problem solving, interdisciplinary skills, and adaptability, is reshaping teaching and learning at universities. In response to these new demands, higher education institutions are compelled to become centers fostering innovation, nurturing the entrepreneurial spirit, developing creative ideas, connecting research with practice, and making practical contributions to the country’s sustainable development.

According to the Vietnam Education e-magazine, the country currently has 244 higher education institutions, including 172 public institutions (26 of which are under local authorities) and 67 non-public institutions (five with foreign investment). In addition, there are 20 teacher training colleges (three under the Ministry of Education and Training and 17 under local authorities).

Key innovation trends

Comprehensive digital transformation in management and teaching

This is an inexorable trend in higher education aimed at improving training quality and management efficiency. Universities have adopted learning management systems (LMS), enterprise resource planning (ERP) software, and online platforms to support teaching, assessment, and university governance. Blended learning models, massive open online courses (MOOCs), and virtual classrooms have been widely implemented, enabling students to learn more flexibly and proactively. AI is being integrated to personalize learning content, while big data supports analysis of learner behavior and improvements in curricula.

Internationalization of education and interdisciplinary cooperation

Internationalization has become a core strategy for many universities to enhance training quality and global competitiveness. Institutions are actively establishing partnerships with international universities, research institutes, and businesses through joint training programs, collaborative research, and technology transfer.

Many universities have introduced dual-degree programs, expanded international student and faculty exchanges, and increased the number of specialized courses taught in English. At the same time, interdisciplinary collaboration is growing rapidly, with the integration of technology, social sciences, business, and environmental studies into teaching and research.

Vietnam National University, Hanoi (VNU Hanoi) is among the pioneering institutions in restructuring curricula and training organization to adapt to international integration. It focuses on developing students’ technological competencies and shortening training duration. The university aims to expand enrolments in STEM (Science, Technology, Engineering, and Mathematics) and engineering-technology fields to 65 per cent within the next three years, from nearly 50 per cent at present.

In its digital transformation strategy, VNU Hanoi places strong emphasis on the application of digital technologies and AI, implementing blended learning models and integrating AI into teaching, assessment, and personalized learning pathways. In particular, AI supports the maximization of potential among talented students and encourages early participation in scientific research.

Promoting entrepreneurship and innovation among students

Fostering entrepreneurship and innovation has become a key focus in the development strategies of many universities. Institutions have established innovation centers, co-working spaces, and startup incubators to support students in forming and developing business ideas. Numerous startup competitions, hackathons, bootcamps, and mentoring programs are organized regularly, creating experiential and practical environments for students.

Liberal education and comprehensive capacity development

Rather than focusing on one-way knowledge transmission, current curricula emphasize the development of core competencies such as critical thinking, creativity, problem solving, and teamwork. Universities are also integrating content on personal character, professional ethics, and social responsibility into coursework, with the aim of cultivating global citizenship and a sense of community service among students.

Innovating curricula and teaching methods toward sustainability

In the global context of sustainable development, many universities have proactively reformed curricula and teaching methods to meet modern societal demands. A notable trend is the integration of the Sustainable Development Goals (SDGs) into teaching content, helping students understand their role in addressing environmental, social, and economic challenges. Traditional teaching methods are gradually being replaced by project-based learning, experiential learning, and problem-based learning.

These approaches help students develop critical thinking, teamwork, and the ability to solve complex real-world problems. In particular, strengthening connections with businesses through internships, site visits, and industry lecturers is being intensified, narrowing the gap between theory and practice and enhancing graduates’ adaptability in an ever-changing work environment.

Addressing challenges

Despite innovation being an inexorable trend in higher education, implementation still faces many challenges.

The first challenge is limited financial and human resources, which pose significant barriers for many institutions, especially local or non-public universities. Investment in technological infrastructure, curriculum upgrades, and attracting high-quality human resources requires substantial funding, while State budgets and financial autonomy remain limited.

The second is the uneven level of readiness for innovation across institutions. Some major centrally-managed universities can quickly access new technologies, while many others continue to struggle with traditional training models and lack adequate facilities or capable staff to implement modern programs.

The third challenge lies in traditional, administratively-oriented management mindsets, which remain prevalent, and slow institutional adaptation to innovation demands.

And the fourth is the lack of breakthrough support policies from the State, particularly mechanisms that encourage autonomy and innovation. This has reduced reform incentives at some institutions.

Future outlook

To promote effective and sustainable innovation in higher education, coordinated solutions are needed across institutions, resources, and interdisciplinary cooperation.

Strengthening investment in technological infrastructure and faculty development is a prerequisite. Universities need budgetary support or financial mobilization mechanisms to upgrade information technology (IT) systems, digital learning platforms, and modern teaching tools. At the same time, enhancing faculty capacity - in digital skills, new pedagogical methods, and digital learning design - is essential for substantive digital transformation and improved training quality.

Enhancing links between businesses, research institutes, and local authorities is key to improving the practical relevance of training, aligning graduate outcomes with labor market needs and supporting the commercialization of university research results. Establishing innovation centers based on the “triple helix” model (University - Business - State) will help promote an open academic-technology ecosystem.

Developing a comprehensive innovation ecosystem inside and outside of universities is crucial, including creative spaces, startup incubators, policies supporting student research and entrepreneurship, as is fostering a culture of innovation within the academic community. This ecosystem not only nurtures creative ideas but also lays the foundation for a generation of students with open mindsets - willing to think, act, and embrace change.

(*)Dr. Bui Thi Quyen and Dr. Dao Thi Ha Anh are Lecturers at the University of Economics and Business, Vietnam National University, Hanoi

VET- Dr. Bui Thi Quyen Dr. Dao Thi Ha Anh (*)

Under these regulations, all automobiles must meet the minimum emission level corresponding to their year of manufacture at the time of inspection.

The Prime Minister’s Decision No. 43/2025/QD-TTg, which outlines the implementation roadmap for national technical standards on emissions for automobiles operating in road traffic, is set to take effect on March 1, 2026.

The Decision defines five distinct emission levels (Levels 1 through 5). Under these regulations, all automobiles must meet the minimum emission level corresponding to their year of manufacture at the time of inspection.

From March 1, 2026, automobiles manufactured before 1999 must comply with Level 1; automobiles manufactured from 1999 to the end of 2016 must comply with Level 2; and automobiles manufactured from 2017 to the end of 2021 must comply with Level 3.

For automobiles manufactured from 2017 to the end of 2021 operating in Hanoi and Ho Chi Minh City, Level 4 applies from January 1, 2027.

Automobiles manufactured from 2022 must comply with Level 4 from the effective date of this Decision, and Level 5 from January 1, 2032.

For automobiles manufactured from 2022 operating in Hanoi and HCM City, Level 5 applies earlier, from January 1, 2028.

From January 1, 2029, automobiles participating in traffic in Hanoi and HCM City must meet emission standards of at least Level 2.

To avoid vehicles failing inspection, which would cause unnecessary time and costs, vehicle owners and drivers are advised to proactively maintain and repair their vehicles before inspection to ensure emission test results meet the required standards.

Vneconomy-Hằng Anh

Though navigating a rather torrid 2025 marked by natural disasters and a fluctuating global landscape, Vietnam agriculture and environment sector managed to grow sustainably and reach its targets.

Vietnam’s agriculture and environment sector recorded a major breakthrough in 2025, posting growth of around 4 per cent - the highest result for a decade. Export turnover reached a record $70 billion, far exceeding the initial target of $65 billion. These figures reaffirm the sector’s role as a solid “pillar” of the economy amid mounting challenges, while laying an important foundation for green and sustainable development.

Deputy Minister of Agriculture and Environment Phung Duc Tien said 2025 was exceptionally difficult, marked by unprecedented challenges. The sector not only suffered heavy losses from natural disasters but also faced a volatile global environment, from rising trade tensions to increasingly stringent technical barriers related to traceability and food safety. However, in the midst of these pressures, the sector maintained its core targets and sustained stable growth.

Growth exceeds targets

According to the Ministry of Agriculture and Environment (MAE), output of many key agricultural products continued to rise or remained stable in 2025. Rice production was estimated at more than 43 million tons; livestock and poultry herds developed steadily; plantation forest timber output reached nearly 31 million cubic meters; and aquaculture and captured fisheries were estimated at around 9.8 million tons. In trade, exports of agriculture, forestry and fisheries products in 2025 were estimated at a record $70 billion, up 12.2 per cent year-on-year and well above the $65 billion target.

Mr. Tien said production restructuring continued towards greater efficiency, with a focus on products with strong growth potential and higher added value. Concentrated production zones based on regional advantages have taken shape, applying advanced technical processes, ensuring food safety, and meeting market demand, such as raw material forest areas for wood processing and fruit and vegetable zones meeting GlobalGAP and VietGAP standards. Organic agriculture, clean agriculture, and high-tech agriculture continued to be promoted, gradually shaping a green, clean and sustainable agricultural model.

On the institutional front, regulations related to decentralization and the delegation of authority were reviewed, updated, and submitted for approval. MAE completed a law amending 15 existing laws to remove major institutional bottlenecks, while significantly cutting administrative procedures to facilitate businesses and the public. “Institutional reform is a prerequisite, alongside decisive and substantive administrative reform,” Mr. Tien emphasized.

He added that the Ministry is implementing Politburo Resolution No. 57-NQ/TW on science, technology, and innovation as a strategic breakthrough for green growth, productivity gains, and higher agricultural value. At the same time, efforts to combat illegal, unreported, and unregulated (IUU) fishing remain a regular and determined task, aimed at removing the European Commission’s “yellow card.”

Pillar for green growth

2025 also marked a major turning point, as the 15th National Assembly approved the merger of the Ministry of Natural Resources and Environment with the Ministry of Agriculture and Rural Development, forming the Ministry of Agriculture and Environment from March 1, 2025. Minister of Agriculture and Environment Tran Duc Thang said this was a strategic decision by the Party and the State to improve the effectiveness of management, exploitation, and the sustainable use of national resources. Following the merger, the Ministry swiftly streamlined its organizational structure to ensure smooth and effective operations.

Amid accelerating globalization, Industry 4.0, and the global green transition, the Minister said the sector will focus on several key priorities, which include completing institutions and modern governance, and synchronizing the legal framework on land, water resources, forests, environment, climate, and agriculture. MAE will also promote ecological agriculture, the green economy, and the circular economy to enhance added value and the competitiveness of Vietnamese agricultural products.

The sustainable management and exploitation of national resources will go hand-in-hand with accelerated data digitization, the application of science and technology, and the digital transformation, which are seen as key drivers to improve productivity, efficiency, and climate resilience. “With a spirit of innovation and dedication, the agriculture and environment sector will continue to serve as a pillar of the economy, contributing to a fast-growing, sustainable, prosperous, and happy Vietnam,” Mr. Thang said.

On food safety, he noted that the legal framework is now relatively complete and clear. While previous management focused mainly on export-oriented production areas, from January 1, 2026, the Ministry will also strictly control products for domestic consumption. The goal is that, by the end of 2026, virtually all domestically produced and imported agricultural products circulating in the market will carry traceability information and meet safety standards, protecting public health and strengthening social trust.

Top priority

Chairing his dialogue with farmers on December 10, Prime Minister Pham Minh Chinh reaffirmed the consistent and enduring attention of the Party and the State to agriculture, farmers, and rural areas. Based on farmers’ opinions and recommendations, he highlighted key issues facing the agriculture, forestry, and fisheries sector. Science and technology, innovation, and digital transformation were identified as objective requirements, strategic choices, top priorities, and prerequisites for achieving the goal of raising agriculture, forestry and fisheries export turnover to $100 billion in the years to come.

However, the Prime Minister also pointed out that a significant gap remains between research and the application of science and technology in production. Digital transformation in rural areas faces difficulties due to inadequate electricity, telecommunications, and data infrastructure, particularly in remote, border, island, and ethnic minority areas. The incomes of most farmers remain low and they are vulnerable to natural disasters, epidemics, and market fluctuations.

Against this backdrop, the Prime Minister called on ministries, agencies, and localities to continue reviewing and developing more open mechanisms and policies on land, credit, science and technology and digital transformation in agriculture; rolling out credit programs to support agriculture and rural areas; and removing obstacles to develop agricultural insurance markets to help farmers manage risks from natural disasters, crop failures, and price volatility.

On domestic and international links, he urged the MAE and the Ministry of Finance to build close, legally-binding cooperative mechanisms between domestic enterprises and foreign investors. Many countries, particularly in the Middle East, Africa, and neighboring regions, have expressed interest in cooperating with Vietnam in agriculture, food security, and product development.

Regarding export markets, he stressed the need to diversify markets, products, and supply chains, and to make more effective use of Vietnam’s 17 FTAs with more than 60 economies. Relevant ministries should proactively negotiate market access, while businesses and associations step up trade promotion and product branding.

On infrastructure, the Prime Minister underscored the importance of climate resilient infrastructure, digital infrastructure, and transport infrastructure. The State will continue to prioritize resources for major projects to create new development space, reduce logistics costs, and enhance the competitiveness of Vietnamese agricultural products.

Regarding the removal of the IUU “yellow card,” he said the government has taken strong measures to end illegal fishing, while restructuring the fisheries sector towards legality and sustainability, expanding aquaculture and processing, and improving fishermen’s livelihoods.

In production, he called for promoting green production, the circular economy, and low-emissions development; ensuring food safety and traceability; protecting intellectual property; and combating trade fraud. On human resources, he emphasized strengthening links between the State, educational institutions, and enterprises to train high-quality human resources, improving knowledge and skills for farmers.

Finally, the Prime Minister emphasized the need to enhance value chain links and solidarity between domestic and international stakeholders, mobilizing diverse resources through public and private investment, public-private partnerships and other financial instruments, based on the principle of harmonizing interests between the State, businesses, and farmers.

VET-Chu Khoi

Ranked alongside Indonesia, Morocco, Canada, and the UAE, Vietnam represents a strategic shift for exporters navigating global trade volatility.

Bpifrance, France’s public investment bank, has identified Vietnam as one of the five most promising export destinations for French companies by 2026, according to a report by the Vietnam News Agency.

Ranked alongside Indonesia, Morocco, Canada, and the UAE, Vietnam represents a strategic shift for exporters navigating global trade volatility.

While many French firms still rely on traditional markets like Germany, the US, and China, Bpifrance suggests that future growth lies in these emerging regions, which offer significant untapped potential and lower competitive saturation.

Vietnam is undergoing a profound transformation. Once viewed primarily as a low-cost manufacturing hub, the nation's major urban centers are now driving a surge in domestic consumption and a growing demand for premium goods. As household incomes rise, Vietnamese consumers are increasingly prioritizing food safety, high-quality professional services, and cutting-edge technology.

For French firms, the most compelling opportunities lie in high-value-added sectors, including processed foods, ag-tech equipment, healthcare, and corporate digital solutions. Furthermore, Vietnam serves as a vital link in the Southeast Asian value chain, offering a strategic gateway to the broader ASEAN market.

Bpifrance suggests that a successful 2026 export strategy must move beyond a reliance on traditional partners. Instead, firms should pivot toward markets like Vietnam, which offer robust economic momentum, deep global integration, and clear long-term growth potential.

VNA-

At a national video conference held on February 25 to disseminate the major contents of the Politburo's Resolution No. 79 on State economy development and Resolution No.80-NQ/TW on developing Vietnamese culture, Party General Secretary To Lam highlighted the role of the State economy.

At a nationwide conference held by the Secretariat of the Party Central Committee on February 25 to study, disseminate and implement the Politburo’s Resolution No.79-NQ/TW on developing the state-owned economic sector and Resolution No.80-NQ/TW on developing Vietnamese culture, Party General Secretary To Lam delivered a keynote speech on the role of the State economy in Vietnam.

“State economy must occupy strategic command peaks of the national economy, play the leading role, and become the "national fulcrum" in the nation's new era,” said Party General Secretary To Lam, as quoted by the Government News.

According to the Party leader, in recent years, State economy along with private economy have become the two important pillars of the country’s socialist-oriented market economy. The private economic sector has developed in an increasingly dynamic manner, making significant contributions to growth. Many private enterprises have gradually participated increasingly deeper into regional and global value chains. Meanwhile, the State economic sector has maintained its leading role, ensured the major balances of the economy and macro stability, and carried out long-term and medium-term strategic tasks directly related to energy security, monetary-financial security, telecommunication security, essential infrastructure development, and other vital tasks of the national economy.

In order to ensure that the State economy truly occupies "strategic command peaks", this sector must be vigorously restructured and focus on key industries and fields, and key areas, the Party leader noted.

The leading role of the State economy must be demonstrated through leadership capacity, effectiveness, and substantial contributions to macroeconomic stability, economic security and medium- and long-term development, he said.

The State must firmly and effectively control and strengthen the sectors that are necessary to ensure sovereignty and stability, according to the leader.

In sectors where the State should only play a leading role-create foundations-pay the ways, mechanisms must be designed to allow the private sector to participate, compete, and develop together.

In sectors where the State's involvement is unnecessary or ineffective, a resolute restructuring must be implemented according to market principles, ensuring transparency, combating "interest groups," "behind-the-scenes dealings," "manipulation," and "profiteering" from policies.

The State economy must make groundbreaking contributions to enhancing national autonomy and maintaining stability and take timely interventions when systemetic risks arise.

According to the Party leader, given the above perspective, the State economy must truly become the following "five fulcrums" over the next five years:

First, fulcrum for economic security and sovereignty. The State economy must hold and control the nation's "lifelines" and "backbone" of the economy, from energy, strategic infrastructure, finance and credit, key logistics, data, and essential digital platforms, among others.

Control here doesn’t mean securing monopoly, but ensuring sovereignty, avoiding dependence, proactively responding to changes, and safeguarding national interests in all situations.

Second, fulcrum for regulation, stability and resilience. Particularly, during periods of multiple shocks such as supply chain disruptions, interest rate and exchange rate fluctuations, trade wars, natural disasters and epidemics, the State economy must play a role in stabilizing essential markets, ensuring the provision of essential public services, maintaining foundational investments and reserve capacity to respond promptly to systemic risks.

Thirdly, fulcrum for private sector. Strong State economy is not meant to dominate, but rather to act as a "boost" for private enterprises to participate more deeply in the value chain and development of supporting industries in order to enhance competitiveness on regional and global scales.

If the State economy plays its leading role well, the private sector will have a solid foundation for sustainable growth, and the overall strength of the economy will increase significantly.

Fourth, fulcrum leading innovation and core technologies. If the State economy is strong only in capital and assets but weak in technology, management, and human resources, it cannot maintain its leading role in the new era. Today's leading role is not measured solely by scale, but by the ability to master technology, standardize according to international standards, utilize data as a strategic resource, ensure cybersecurity, and manage risks with modern methods.

Fifth, fulcrum for governance standards and integrity in the economy. State-owned enterprises must exhibit the highest level of discipline, transparency, and accountability.

The existence of "group interests," "backroom deals," investments based on term limits, and prolonged losses without clear accountability cannot be tolerated.

These five "fulcrums" must be translated into concrete action programs with clear objectives, measurable metrics, deadlines, monitoring mechanisms, and sanctions, the Party leader said, adding that otherwise, the leading role of the State economy will remain merely a slogan, while the country will pay the price with wasted resources, diminished competitiveness, and eroded social trust.

VGP-Van Nguyen

Amid intensifying competition, experts suggest that the most viable path for Vietnamese shrimp exporters is to increase the proportion of deep-processed products, reduce reliance on frozen raw shrimp, and maximize tariff preferences provided by the EVFTA.

The United States market accounted for 17.2% of Vietnam's total shrimp export turnover in 2025. While the downward adjustment of U.S. anti-dumping duties is expected to create more favorable conditions for exports in 2026, a new trade agreement between India and the US is mounting significant competitive pressure on Vietnamese shrimp in this key market.

Recently, US President Donald Trump signed an executive order formalizing a trade deal with India following discussions with Prime Minister Narendra Modi. Under the agreement, the US has reduced reciprocal tariffs on Indian goods from 25% to 18% and abolished the 25% supplemental tariff that had been in place since August 2025.

The Vietnam Association of Seafood Exporters and Producers (VASEP) observed that India’s trade shifts during the 2025–2026 period are creating increasingly visible pressure on Vietnam’s shrimp industry.

This impact is felt not only in the US but also in the European Union (EU), a market where Vietnam has traditionally held a competitive edge thanks to the EU-Vietnam Free Trade Agreement (EVFTA).  In the EU, if Indian shrimp begins to enjoy similar or lower tax rates, its price advantage—driven by large-scale farming and low production costs—will become even more pronounced. Consequently, the raw shrimp and commodity product segments in the EU are expected to face much fiercer competition.

Meanwhile, India is also gradually reclaiming its market share in the US through these new trade pacts, intensifying the struggle in major export hubs. This trend makes it increasingly difficult for Vietnamese shrimp enterprises to compete directly on price or volume.

Despite these challenges, Vietnam maintains critical advantages in the deep-processed and high-value-added segments. Stringent quality standards, robust traceability, the ability to meet sustainability requirements, and extensive experience navigating strict EU regulations remain the domestic industry's core strengths. These factors serve as a foundation for Vietnamese businesses to secure their position in the mid-to-high-end segments rather than engaging in a "race to the bottom" on pricing.

Amid intensifying competition, experts suggest that the most viable path for Vietnamese shrimp exporters is to increase the proportion of deep-processed products, reduce reliance on frozen raw shrimp, and maximize tariff preferences provided by the EVFTA.

Simultaneously, businesses must expand into other potential markets, such as Japan, South Korea, and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) bloc, to diversify their outlets and mitigate concentration risks.

Furthermore, heavy investment in sustainability standards, ESG (Environmental, Social, and Governance) criteria, traceability, and "green" certifications will serve as strategic differentiators. In the coming period, the competitive edge of the Vietnamese shrimp industry will no longer be defined by scale or low costs, but by added value, brand reputation, and sustainable quality. These will be the decisive factors for the long-term standing of Vietnamese shrimp on the global stage.

Vneconomy-Chu Khôi