Business

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
#green growth #Smart Landscape & Healthy Living Expo 2026 #SIHUB
Follow VietnamPlus

Green transition

Related News

Deputy Minister of Foreign Affairs Le Thi Thu Hang (right) and Norwegian Ambassador to Vietnam Hilde Solbakken (Photo: VNA)

Vietnam, Norway step up cooperation in green transition, circular economy

The Deputy Minister highly appreciated the efforts of Solbakken and the Norwegian Embassy in promoting the bilateral ties, and agreed that the two sides should further leverage each other’s strengths and needs to open up new cooperation opportunities, particularly in green transition, circular economy and climate change response.

See more

A border guard checks VMS on a fishing boat. (Photo: VNA)

An Giang subsidises VMS upgrades to fight illegal fishing

The provincial budget will cover 50% of actual invoiced costs, capped at 5 million VND (192 USD) per vessel for upgrades and 11 million VND for replacements, with vessel owners paying the remainder. The policy is framed as a shared state-citizen responsibility aimed at driving regulatory compliance. The support runs through December 31, 2026.

Cargo transit through Nanning International Railway Port before heading to Vietnam’s Yen Vien station. (Photo: VNA)

Vietnam, China add cross-border rail link in trade push

China Railway Nanning Group said a container train hauling 170 tonnes of calcium hydroxide left Guigang station in the Guangxi Zhuang Autonomous Region on May 23 afternoon. The shipment transited through Nanning International Railway Port before heading to Vietnam’s Yen Vien station. The corridor is a new cross-border logistics addition following the launch of the Liuzhou-Nanning-Vietnam rail service.

Customers conduct transactions at the head office of Bao Viet Securities Company in Hanoi. (Photo: VNA)

SOE equitisation urged to improve quality, attract foreign capital

Major policies have been introduced to strengthen the financial market and improve the role of SOEs. Notably, Politburo Resolution No.79-NQ/TW dated January 6, 2026 on State economic development requires SOEs to serve as the core force of the State economy, operate effectively under market principles and adopt modern, transparent governance standards with regional and international competitiveness.

Director of the Agency for Domestic Market Management and Development Tran Huu Linh joins celebrities during the “Vitality of Vietnamese Goods” livestream session (Photo: gdnd)

From tradition to digitalisation: Elevating Vietnamese goods

For many years, the campaign “Vietnamese people prioritise using Vietnamese goods” has played an important role in promoting domestic consumption and supporting local businesses. Today, alongside traditional trade fairs and distribution channels, digital platforms are creating new opportunities for Vietnamese products to increase their competitiveness.

Vice Chairman of the National Assembly (NA) Nguyen Hong Dien receives a delegation from the European Chamber of Commerce in Vietnam (EuroCham) in Hanoi on May 22. (Photo: VNA)

Vietnam, EU promote substantive, effective economic cooperation

The NA always attaches importance to improving institutional frameworks and building a comprehensive, transparent and development-enabling legal environment to support both domestic and foreign businesses, including European enterprises operating in Vietnam, said NA Vice Chairman Nguyen Hong Dien.

Exports and imports are handled at Hai Phong International Container Terminal. (Photo: VNA)

Vietnam seen as attractive investment destination for 2026–2035

The article described Vietnam as strategically positioned along major regional maritime routes, including the East – West corridor linking the Americas, the Middle East, India and Europe, and the North – South corridor connecting China and Southeast Asia, helping make the country a gateway for international trade.

The working session between Deputy Minister of Finance Nguyen Duc Tam and a delegation of foreign investors led by venture capital fund Argor Capital (Photo: tapchikinhtetaichinh.vn)

Vietnam taps venture capital for innovation: Deputy Finance Minister

To secure double-digit growth over the next two decades, the official said the Vietnamese Government will maintain political and macroeconomic stability while building a transparent legal environment that treats domestic and foreign investors equally and cuts red tape to attract quality private and foreign capital.

The Vietnam Agriculture Reputation Index (VARI), a new programme to rate the credibility of agricultural businesses, and its portal are launched in Hanoi on May 22 (Photo: VNA)

Agriculture reputation index launched to improve market trust, funding access

The VARI initiative is designed to research, survey and assess the credibility of enterprises and entrepreneurs in the agricultural sector in a scientific, objective and transparent manner. It aims to create a reliable reference system that helps consumers, farmers, partners and investors identify responsible businesses that uphold commitments and pursue sustainable development.

A production line for camera modules and export-oriented electronic components at the factory of MCNEX VINA Co., Ltd. in Phuc Son Industrial Park, Ninh Binh province. (Photo: VNA)

Eco-industrial parks seen as catalyst for higher-quality FDI

The eco-industrial park model will help Vietnam meet international environmental standards while creating opportunities to improve growth quality and economic competitiveness. Many multinational corporations now view green standards, emissions reduction and energy efficiency as key conditions when selecting investment destinations.