With decisive policy actions, proactive diplomacy and strategic reform priorities, the country is now aiming for an ambitious GDP growth target of 8% or more this year - a goal lawmakers and experts believe is within reach, provided key breakthroughs are implemented effectively.
According to the Ministry of Industry and Trade, by the end of April, Vietnam’s total export turnover reached 140.34 billion USD, an increase of 13% compared to the same period in 2024.
By the end of 2024, the number of registered enterprises in the capital city reached over 400,000, with about 220,000 operating. Notably, more than 98% of the operating firms are SMEs which create jobs for 55.1% of the local workforce and contribute over 40% of the city’s gross domestic product (GDP).
The plant has a total capacity of 1,000 tonnes per day, with the first phase producing 500 tonnes daily. All milk used at the plant is sourced from TH’s high-tech farms in the Moscow and Kaluga oblasts. TH milk boasts a high nutritional profile, with a fat content of 4.0% and protein at 3.2% — among the highest quality levels in Russia.
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,945 VND/USD on May 12, down 6 VND from the last work day of the previous week.
Amid unpredictable fluctuations in US tariff policies, Vietnamese businesses must take a proactive and strategic approach to sustain their exports to this key market, experts emphasised at a workshop held in Ho Chi Minh City on May 9.
Lam emphasised that promoting cooperation among businesses of the two sides plays an important role in implementing high-level agreements on socio-economic development. The two sides have important pillars of cooperation in energy, industry, science - technology and human resource training.
The coming state visit to Belarus by Party General Secretary To Lam is expected to create new impetus to consolidate and strengthen the bilateral relations, and open up opportunities for businesses of the two countries in trade and investment cooperation.
China is tightening its import regulations, aligning them more closely with high-standard markets like Japan and the Republic of Korea. This requires Vietnamese producers and exporters to adopt more professional, transparent, and sustainable business practices.
Under the Politburo's conclusion, an international financial centre in Ho Chi Minh City and a regional financial centre in Da Nang will operate under exceptional management mechanisms that enhance competitiveness while implementing appropriate risk management and oversight protocols.
The launch of the e-commerce platform is part of Vinachem's efforts to promote green transition and digital transformation.
The basic progress and quality targets remain unchanged, the PM stated, ordering efforts be made to prevent wastefulness and negative phenomena during the implementation of national and key transport projects.
The US is now a comprehensive strategic partner and one of Vietnam's largest export markets. Meanwhile, Vietnam ranks as the US's eighth-largest trading partner, and American consumers favour Vietnamese products for their their quality and affordability.
In 2024, exports to the US reached over 13.7 billion USD, accounting for 22% of total sector export value. In the first four months of 2025, the figure rose to 4.34 billion USD, up 10.2% year-on-year.
Since early 2023, electricity prices in Vietnam have been increased four times, 3%, 4.5% and two consecutive 4.8%.
Investors in HCM City can benefit from the most modern and comprehensive infrastructure system in Vietnam, along with open and supportive investment regulations and policies.
Steel production has transformed significantly thanks to active participation from private enterprises, which have invested big in advanced production technologies and completed steel manufacturing lines with high-capacity plants, resulting in diverse and high-quality products.
CAAV Director Uong Viet Dung said that the airport upgrading project is among projects to be fast-tracked to serve the organisation of the APEC Economic Leaders' Week 2027 in Vietnam, as well as to support sustainable development of the locality and the country.
A report from the ministry shows that Vietnam’s durian exports to China reached only 35,000 tonnes worth around 130 million USD in the first four months of this year, equivalent to only 20% of export targets. In comparison, durian exports totalled 500 million USD in the same period last year.
Vietnam Airlines’ Hanoi – Moscow air route is expected to boost trade exchange and tourism development while demonstrating long-term commitment to strengthening strategic connections between the two countries.
