Green economy could contribute over 10% of Vietnam’s GDP by 2030

The exhibition is expected to gather more than 50 enterprises and startups operating in smart technologies, landscape materials, clean energy, ecological greenery, architectural design and healthcare solutions.

Vice President of the Vietnam Association of Architects and founder of Gallery Architecture & Materials Nguyen Thu Phong speaks at the event. (Photo: tuoitre.vn)
Vice President of the Vietnam Association of Architects and founder of Gallery Architecture & Materials Nguyen Thu Phong speaks at the event. (Photo: tuoitre.vn)

Ho Chi Minh City (VNA) — The green economy is forecast to contribute more than 10% of Vietnam’s GDP by 2030 while creating hundreds of thousands of new jobs, experts said at the launch ceremony of the Smart Landscape & Healthy Living Expo 2026 held in Ho Chi Minh City on May 25.

The event jointly organised by the Ho Chi Minh City Innovation Startup Centre (SIHUB) and Gallery Architecture & Materials is scheduled to take place from July 17-19 at the SIHUB.

The exhibition is expected to gather more than 50 enterprises and startups operating in smart technologies, landscape materials, clean energy, ecological greenery, architectural design and healthcare solutions.

These sectors are also among Ho Chi Minh City’s priority areas under its sustainable development strategy.

According to Vice President of the Vietnam Association of Architects and founder of Gallery Architecture & Materials Nguyen Thu Phong, rapid urbanisation in Vietnam is driving increasing demand for greener, healthier and more sustainable living spaces.

He said the integration of urban design, architecture, landscape planning and technology is opening up new approaches for future urban living.

Global smart home and green living markets are projected to grow by 18-27% annually during 2026-2035. The global smart home market alone is expected to reach 232 billion USD in 2026 and could rise to between 537 billion USD and 1.4 trillion USD by 2030-2035.

Meanwhile, the global renewable energy market is forecast to hit around 2 trillion USD by 2030, while the organic food and green healthcare product sectors are maintaining annual growth of approximately 10%.

Phong noted that Vietnam is witnessing expanding opportunities for green technologies, IoT, clean energy and sustainable materials through offshore wind power, green hydrogen and smart urban development projects.

The country currently has more than 40 smart city projects under development, creating favourable conditions for green growth industries.

​Deputy Director of the Ho Chi Minh City Department of Science and Technology Tran Trong Tuyen said the development of greener, smarter and more sustainable urban areas has become an inevitable trend.

He stressed that the exhibition’s focus areas are important pillars in the city’s sustainable development strategy, contributing to emissions reduction goals, the Net Zero target by 2050 and improved urban living standards.

The event is also expected to raise public awareness of green lifestyles, sustainable consumption and the role of technology in shaping future cities./.

VNA

See more

Deputy Prime Minister Nguyen Van Thang speaks at the event. (Photo: baochinhphu.vn)

Deputy PM calls for integrated ASEAN fintech ecosystem

Deputy PM Nguyen Van Thang proposed a shared vision for an ASEAN fintech ecosystem that is open, secure, transparent, inclusive, and sustainable: “Open” to foster connectivity, “Secure” to enable growth, “Transparent” to build trust, “Inclusive” to ensure that no one is left behind, and “Sustainable” to strengthen resilience and support long-term progress.

Vice Chairperson of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) Xian Hui (left) meets with Secretary of Phu Tho provincial Party Commitee Pham Dai Duong on comprehensive cooperation (Photo: VNA)

Phu Tho expands cooperation with Chinese localities

A high-level delegation of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), led by its Vice Chairperson Xian Hui, visited the production facility of BYD Vietnam Co., Ltd. at Phu Ha Industrial Park and held a working session with leaders of Phu Tho province on June 9.

Financial buildings in downtown Ho Chi Minh City along the Saigon River. (Photo: VNA)

Robust dispute resolution framework key to Vietnam’s IFC ambitions

The development strategy for VIFC-HCMC envisions a comprehensive financial ecosystem encompassing green finance, carbon credits, financial technology (fintech), blockchain technology, digital assets, digital banking and other innovative business models. These highly internationalised sectors involve complex cross-border transactions and sophisticated legal structures.

A step in the semiconductor chip manufacturing process. (Photo: VNA)

LG to build first semiconductor substrate plant in Vietnam

LG Innotek, an affiliate of the Republic of Korea's LG Group, has announced a plan to build its first semiconductor substrate plant in Vietnam, marking a significant step in expanding its production capacity and strengthening its semiconductor packaging solutions business.

Minister of Industry and Trade Le Manh Hung, President and Chief Executive Officer of Murphy Oil Eric M. Hambly, and delegates at their meeting on June 8 in Hanoi. (Photo: moit.gov.vn)

Murphy Oil urged to expand investment in Vietnam

Murphy Oil has operated in Vietnam since 2012 and currently participates in and operates many important oil and gas contracts at projects such as Lac Da Vang and Hai Su Vang, which are expected to contribute additional oil and gas supplies, strengthen energy security and support Vietnam’s economic development.

Deputy Prime Minister Nguyen Van Thang (R) receives Krishna Srinivasan, Director of the Asia and Pacific Department at the International Monetary Fund (IMF), in Hanoi on June 8. (Photo: VNA)

Deputy PM receives IMF Asia-Pacific Director

Director of the Asia and Pacific Department at the International Monetary Fund (IMF) Krisha Srinivasan affirmed that the IMF will continue to accompany and support Vietnam in the development of its financial sector, thereby helping to strengthen resilience and promote sustainable growth in the years ahead.

An article on Vietnam's e-commerce boom on Le Monde (Photo: VNA)

Digital economy fuels new growth momentum in Vietnam: French daily

French daily Le Monde recently reported that Vietnam’s e-commerce revenue approached 26 billion EUR (29.6 billion USD) in 2025, jumping 25% from a year earlier on the heels of a 20% gain in 2024. The sector now commands roughly 11% of total retail sales, cementing Vietnam’s status as one of Southeast Asia’s most dynamic markets.

Vietnam Airlines Group offers nearly 2.2 million discounted domestic seats from now until August 16 to meet peak summer travel demand. (Photo: VNA)

Vietnam Airlines Group offers nearly 2.2 million discounted domestic seats

Vietnam Airlines Group, comprising Vietnam Airlines, Pacific Airlines and Vietnam Air Services Company (VASCO), will provide nearly 5.5 million seats on domestic routes from now until August 16 to meet peak summer travel demand, including around 2.2 million seats offered at promotional fares on various routes.

A pepper farm in Gia Lai province (Photo: VNA)

Vietnam’s pepper exports jump 21.7% in volume in five months

May shipments, however, totaled 25,180 tonnes worth 166.2 million USD, down 18.9% by volume and 13.9% by value from April, and 4.8% lower in volume from a year earlier. Major exporters reported declining shipments, underscoring a sector-wide pullback.

Representatives of Vietrade and TFO Canada discuss a new cooperation project for 2026–2030. (Photo: VNA)

Vietnam, TFO Canada move towards strategic trade partnership

Director General of Vietrade Vu Ba Phu said the success of cooperation during 2021–2024 had laid a solid foundation for elevating bilateral ties in the new phase, with Vietrade now serving as TFO Canada’s strategic partner in Vietnam.