Viet Nam-Japan relations are at their best stage of development to date. As Viet Nam enters a new era of development and Japan seeks new growth drivers, the two economies have many complementary strengths. Alongside traditional areas of cooperation, science and technology are emerging as a new pillar of bilateral cooperation.

Viet Nam’s economy is transitioning towards a new development model in which productivity, science, technology and innovation serve as the drivers of growth. This shift brings with it the need for a new generation of entrepreneurs who must do more than take over businesses built by previous generations. They must have the capacity to modernise management, master technology, expand markets and create new value, thereby contributing to the country’s economic growth drivers.

Following its consolidation, Quang Ngai possesses a completely new scope for development, stretching from the East Sea/South China Sea across the coastal industrial corridor up to the Central Highlands, and bordering Laos and Cambodia. This presents a strategic opportunity for the province to unlock new growth drivers and achieve a breakthrough in its development.

Ho Chi Minh City is facing an urgent need to accelerate its growth in pursuit of a double-digit growth target. As traditional growth drivers need to be strengthened, the city still has considerable untapped potential, spanning tourism, investment, digital transformation, and green transformation to addressing stalled projects and developing new sectors.

To achieve double-digit growth in the first year of the new term, the Ministry of Finance is determined to refine institutional frameworks, strengthen budget management capacity, advance administrative reforms, and enhance the business environment in order to harness growth drivers to their full potential.

Entering 2026, the global real estate market is showing renewed positive signals, as the economy gradually stabilises on the back of new drivers — especially technology and artificial intelligence (AI).

Prime Minister Pham Minh Chinh chaired the Government’s regular meeting on December 6 to discuss the socio-economic situation in November and the first 11 months of 2025.