Keyword: "growth engine"

According to the National Statistics Office under the Ministry of Finance, GDP expanded by 8.39% in the second quarter, up from 8.14% a year earlier. Growth for the first six months reached 8.18%, exceeding the 7.63% recorded in the same period of 2025. The performance reflected broad-based contributions from both the supply and demand sides of the economy.

To ensure that science and technology truly act as a powerful growth engine, experts emphasised the need for the Government to put in place supportive mechanisms and policies that encourage enterprises to invest in research and development, while strengthening cooperation among the State, research institutions and the business sector.

The International Financial Centre in Ho Chi Minh City is expected to become a new growth driver while enhancing Vietnam’s and HCM City’s position on the global financial map.

The strategy identifies core issues: creativity, identity, and facilitating conditions for talented people to shine.

Tourism has become a major growth engine for remote and mountainous areas, fuelled by stronger community efforts and rising investment.

As a province vigorously transitioning from a “brown” to a “green” growth model, Quang Ninh hopes to cooperate with Bhutan in green energy, An said, adding that both sides could deepen connections in two-way tourism and expand trade and service promotion in the future.

Its shift towards a modern economic structure, with a growing services sector and a favourable demographic profile has made Vietnam an increasingly attractive destination for foreign investors. Vietnam is now regarded as a key growth driver within ASEAN.

PM Pham Minh Chinh expressed his confidence that the Party organisation, administration, whole political system, armed forces and people of Thanh Hoa will promote solidarity and take drastic actions to fulfill the tasks for 2025 with results better than last year's.

Blue economy has big potential to become a new engine for the development of the Association of Southeast Asia Nations (ASEAN), an Indonesia’s senior official has said.

Prime Minister Pham Minh Chinh on November 20 asked Lam Dong province to work harder to become a growth engine of the Central Highlands and the country as well, particularly in tourism, services, cultural industry and high-tech agriculture, given its unique potential and comparative advantages.

A Russian expert has expressed his belief that Vietnam will deal with the COVID-19 pandemic effectively, thereby helping fulfill its role as a non-permanent member of the UN Security Council for 2020-2021.

With certain advantages, Vietnam has been the destination for many multinational businesses to seek processors, and processing in turn have become a major growth engine of the economy.

A workshop was opened in Da Nang city on August 2 to learn about foreign experience in developing small and medium-sized enterprises (SMEs) and to seek to turn them into a growth momentum of the city.

The wait-and-see time in Vietnam is over and investors are advised to take the plunge in one of Southeast Asia’s most promising economies, according to Thailand’s Bangkok Post on December 28.