With transport links running smoothly, urban infrastructure upgraded and digital platforms built out in a more systematic way, tourism would move beyond a purely consumption-driven sector to become a deeper, more durable engine of growth.
According to the article titled “Vietnam positions itself as a key Southeast Asian economic hub,” Vietnam is currently among the fastest-growing economies in the ASEAN. Citing data from the Thai Chamber of Commerce and Industry in Vietnam, it said Vietnam’s gross domestic product (GDP) recorded strong quarterly growth in 2025, rising by 6.93% in the first quarter, 7.7% in the second quarter and 8.23% in the third quarter - far outpacing many regional economies.
The completion of 3,000 kilometres of expressways in 2025 marks a major milestone in Vietnam’s transport infrastructure development, reflecting not only unprecedented investment momentum but also the growing expertise of investors and contractors.
Chairman of the An Giang provincial People’s Committee Ho Van Mung said the province is closely monitoring progress, accelerating site clearance and ensuring timely completion of all projects.
The construction site of Lien Chieu port in Da Nang city is entering the final stage, with more than 95% of the workload completed. Major components are taking shape, revealing the appearance of what will be the largest seaport in central Vietnam, invested by Da Nang’s Priority Infrastructure Investment Project Management Board.
A key focus of the 2025 PPP dialogue was the introduction of “next-generation PPP models,” including the concept of transforming assets into financial value, presented by ADB experts, as a solution to public investment capital shortages.
The Deputy PM had a working session with representatives of the Standing Committee of the provincial Party Committee on November 18 to review business and production, public investment, import-export, infrastructure and social housing development, national target programmes, and the operation of the two-tier local governance model.
Deputy Prime Minister Nguyen Chi Dung recently signed a decision, approving a program to encourage private enterprises to take part in developing telecommunications, and other infrastructure for national digital transformation through 2030.
Ho Chi Minh City needs a comprehensive strategy anchored in four pillars: modern infrastructure, smart governance, high-quality human resources, and green development to become a regional mega-city in the near future.
Vietnam secured the 44th position among 139 countries and economies in the Global Innovation Index (GII) 2025 Report that the World Intellectual Property Organisation (WIPO) released in Geneva, Switzerland on September 16.
The MoF said that the 2025 public investment plan, approved at a historic 1.09 quadrillion VND, represents the largest capital allocation in Vietnam’s history. It is designed to fuel infrastructure upgrades, job creation, and post-pandemic economic recovery.
Participants agreed that Resolution 68-NQ/TW offers opportunities for the private economic sector. Yet challenges remain in institutional frameworks, capital access, technology, and competitiveness.
Hanoi is advancing green transportation as part of its sustainability goals but faces challenges like limited charging infrastructure, inconsistent regulations, and high electric vehicle costs.
The Deputy PM affirmed that the US is one of Vietnam’s most important partners.
The PM emphasised that infrastructure development plays a vital role in boosting growth, reducing costs for businesses and people, and improving competitiveness. Since the beginning of the year, the Government has taken strong action to speed up infrastructure projects, with a focus on building over 1,000km of new expressways to reach a total of 3,000km by the year-end.
Authorities are focusing on boosting traditional growth drivers such as investment, consumption, and exports while implementing a broad array of policy measures to maintain economic momentum.
Ha expressed his hope that cooperation in science and technology, agriculture, and natural resources would emerge as new focal points and engines of growth in Vietnam–China relations.
The State should devise a strategy for developing the shipbuilding industry, including investing in and upgrading infrastructure, equipment, and technology, as well as devising policies to promote supporting industries, said insiders.
To meet the deadline, the province assigned its Department of Construction to submit the general planning of the island city of Phu Quoc, zoning plans, and detailed plans for approval from July 1.
Prime Minister Pham Minh Chinh met with Mariam J. Sherman, World Bank (WB) Country Director for Vietnam, Cambodia, and Laos, in Hanoi on May 15, calling for the WB’s support in large-scale infrastructure projects and strategic development goals.