Policy

The Canada–Viet Nam Forum on Economic Resilience and CPTPP–EU Linkages opened in Ho Chi Minh City on the afternoon of July 20 on the sidelines of the third Senior Officials’ Meeting (SOM3) of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) this year.

After more than a year of implementation, Politburo Resolution No. 68-NQ/TW has delivered positive results for private-sector development in Ho Chi Minh City. However, numerous businesses believe these outcomes have yet to generate the expected changes.

The Ministry of Construction has issued Decision No. 1088/QD-BXD approving adjustments to the Road Network Plan for the 2021–2030 period, with a vision to 2050, to align it more closely with the National Master Plan and provide fresh momentum for the development of a modern, integrated transport infrastructure system.

Resolution No. 10-NQ/TW of the Politburo on the development of the foreign-invested economy sets a clear objective: to secure an upgrade of Viet Nam's stock market by MSCI before 2030.

Six of Viet Nam's largest private conglomerates are splashing nearly 4.9 quadrillion VND (200 billion USD) across 40 major projects, underscoring the growing role of the private sector in driving the country's infrastructure, industrial and urban development.

The transfer of science and technology is helping renew production thinking, form new economic models and strengthen technological capabilities at the local level. However, to maximise its effectiveness technology transfer must evolve into a more market-oriented approach that is closely aligned with business needs and national growth objectives.

Ha Noi has launched simultaneous construction of five urban metro lines with a combined investment of more than 1.3 quadrillion VND. Yet the significance of these projects lies not merely in the scale of investment or the pace of transport infrastructure development. More importantly, they have the potential to reshape the city's urban structure, transform the way people use urban space, and redefine long-term investment prospects.

Resolution No.10-NQ/TW of the Politburo on developing the foreign-invested sector marks a new direction for Viet Nam's foreign direct investment policy.

As one of the localities with considerable economic growth potential, thanks to the deep-water port system in the Vung Ang Economic Zone, Ha Tinh possesses favourable conditions for developing processing industries, logistics and green agriculture in its industrial parks and clusters. The province is also home to a growing number of young entrepreneurs, science and technology enterprises, and emerging start-up initiatives.

Following the merger of administrative units, Ninh Binh Province has entered a new stage of development with an expanded socio-economic landscape. Accompanying the province in this process, policy credit provided by the Viet Nam Bank for Social Policies (VBSP) continues to reach communities at the grassroots level, helping support poor households and other policy beneficiaries while strengthening social security.

Local authorities nationwide have pledged to step up public investment, remove development bottlenecks and unlock new growth drivers in the second half of 2026, reaffirming their determination to help the country achieve double-digit economic growth this year.

Prime Minister Le Minh Hung on July 4 reaffirmed the Government's determination to achieve double-digit economic growth in 2026 and throughout the 2026–2030 period while maintaining macroeconomic stability, keeping inflation under control and safeguarding the economy's major balances.

Viet Nam is rapidly emerging as a strategic market and a key manufacturing hub in Southeast Asia.

Over the past 50 years since being honoured with the name of President Ho Chi Minh (July 2, 1976–2026), Ho Chi Minh City stands as the country's leading economic centre and a central hub for key sectors, maintaining its role as Viet Nam’s principal growth engine and a strategic development pole.

Advancing crop breeding technologies is widely regarded as the key to improving agricultural productivity and product quality, particularly amid climate change and increasingly stringent market requirements. To unlock the sector's full potential, policymakers need to accelerate institutional reforms and increase investment in research and innovation.

Viet Nam continues to attract strong interest from global technology manufacturers thanks to its competitive operating costs, stable investment environment and deep integration into international supply chains.

The private sector is playing an increasingly important role in Viet Nam's economy, with more than one million active enterprises, accounting for over 96% of all businesses nationwide and providing employment for millions of workers.

In 2026, Viet Nam's agricultural sector aims to achieve 3.7–4% growth and generate approximately 74 billion USD in agricultural, forestry and fisheries exports. However, the re-emergence of El Niño poses significant challenges to production and exports during the final months of the year - the critical period that will determine whether the sector achieves its growth targets.

The 14th National Party Congress has set a target of increasing the proportion of workers with formal qualifications or professional certificates to 35–40% by 2030. Developing a highly skilled workforce is now regarded as the key to enabling Viet Nam to achieve breakthroughs in its next stage of development.

Politburo Resolution No. 10-NQ/TW on the development of the foreign-invested economy sets the goal of turning Viet Nam into one of Asia’s highly competitive centres for production, services, innovation, and regional operations, with deep participation in global value chains.