The National Convention Center was filled with a vibrant and energetic atmosphere as the 14th National Congress of the Communist Party of Vietnam officially opened in Hanoi on January 20.
According to statistics from Singapore’s Accounting and Corporate Regulatory Authority, total bilateral trade in September 2025 reached 3.2 billion SGD (about 2.47 billion USD), up 46.7% year-on-year. Singapore’s exports to Vietnam stood at 2.2 billion SGD, up 45.3%, while imports from Vietnam rose 49.9% to 1 billion SGD.
National Assembly Chairman Tran Thanh Man’s upcoming official visit to Singapore is expected to provide fresh momentum for further strengthening the bilateral relations, which still holds huge room for stronger growth, said scholars.
The amended Land Law which was passed at the 15th National Assembly’s fifth extraordinary session in mid-January is expected to provide a firm legal framework to enhance land management efficiency and create new momentum for Vietnam to become a high-income country by 2045.
Public investment is expected to become a momentum for the economy, especially for construction and transportation businesses, to recover and develop in 2023 and the following years.
Data released by the General Statistics Office shows that Vietnam shipped 32.37 billion USD worth of goods abroad in August, up 7.7% month-on-month, marking the 4th consecutive month of growth.
Technological advances and creative innovation have created momentum to build a productive and quality agricultural industry, with a plan of action discussed at an online conference to capitalise on the sector's potential.
The ASEAN+3 Macroeconomic Research Office (AMRO) forecasts a 4.3% growth for the ASEAN+3 (Association of Southeast Asian Nations plus China, Japan, and the Republic of Korea) region this year, slightly lower than its previous forecast.
About two years ago I read on Viet Nam News about the willingness of the Vietnamese Government to let foreign companies set up shop in Vietnam, which I think is a good idea in developing economies. In the initial stages, typically an economy doesn’t have all the skills needed for growth to get momentum.
