A recent general report by a research team from the National Economics University (Ha Noi) recommended implementing comprehensive measures to promote the development of dynamic regions in order to achieve the target of double-digit economic growth in Viet Nam’s next development period.

After nearly 40 years of Doi Moi (Renewal Process), Viet Nam has achieved significant economic progress, escaped poverty, and moved into the group of middle-income countries. However, the current growth model is beginning to reveal its limitations.

Prime Minister Pham Minh Chinh has urged ministries, agencies, and localities to implement key tasks and solutions to boost economic growth, control inflation, ensure macroeconomic stability, and maintain major economic balances.

Addressing critical bottlenecks is essential to help the private sector become a key driver of Viet Nam’s future double-digit economic growth. In response to four key constraints that have hindered private sector development in recent years, the National Economics University has compiled and proposed four main groups of recommendations.

The ASEAN+3 Macroeconomic Research Office (AMRO) forecasts the ASEAN+3 region’s economic growth to expand by 3.8% in 2025 and 3.6% in 2026.

According to statistics from Hung Yen Province, the province’s gross regional domestic product (GRDP) in the first six months of the year, after consolidation, has increased by 8.11% compared to the same period in 2024.

The National Assembly (NA) Standing Committee convened its 47th session in Ha Noi on July 10, focusing on key legislative and supervisory issues following the successful conclusion of the 15th NA’s 9th session.

The European Commission (EC) has recently announced a target to cut greenhouse gas emissions by 90% by 2040 compared to 1990 levels, sending a strong signal of the European Union’s (EU) leadership in the global fight against climate change.

In line with the goal of sustainable new-style rural development, authorities in Bac Giang Province have been striving to establish numerous clean agriculture cooperatives applying high technology. These efforts not only boost economic growth but also ensure safe meals for families.

As private enterprises increasingly affirm their role as a driving force behind the nation’s economic growth, the decision by some companies to invest in science and technology early has helped spread a spirit of innovation throughout the business community.

The socio-economic situation has improved month by month, with results during the first five months of 2025 outperforming those in the same period last year across all sectors, according to PM Pham Minh Chinh.

Ha Noi’s Consumer Price Index (CPI) in May rose slightly by 0.14% from the previous month, pushing the increase to 1.28% compared to last December and 3.6% year-on-year.

The International Monetary Fund (IMF) warned that geopolitical tensions and the consequence of the global economy fragmenting will increase risks to financial stability. The instability of the global economy, the inefficient performance of major economies, high inflation and a sharp drop in investment, are also factors that restrain the growth momentum of many regions.

Vietnam's economy will grow by 6.6% this year and at a similar rate in 2024, according to a report released on March 31 by the Organisation for Economic Co-operation and Development (OECD).

Hanoi recorded year-on-year growth of 8.89% in gross regional domestic product ( GRDP ) in 2022, higher than the target of 7 - 7.5%, according to the municipal Statistics Office.

An article published on Belgium’s brusselstimes.com on December 12 hailed Vietnam as a sustained development partner and destination of foreign investment for the European Union (EU) in Southeast Asia.