To join the group of high-growth economies with GDP growth above 10%, Vietnam must shift from an extensive growth model to an intensive, productivity-driven one. Key strategies include strengthening institutions, raising total factor productivity (TFP), and reforming public investment.
Recently, at VCCI headquarters in Hanoi, Ho Sy Hung, President of the Vietnam Chamber of Commerce and Industry (VCCI), met with Kim Hyong Mo, Chief Representative of the Korea Chamber of Commerce and Industry (KCCI) in Vietnam, along with representatives of SK Group.
“EU partners look beyond price and delivery timelines. They ask detailed questions about raw material origins, production conditions, environmental and labor standards, and supply chain transparency. Without clear and consistent answers, even highly competitive pricing offers little chance for cooperation.”
To join the group of high-growth economies with GDP growth above 10%, Vietnam must shift from an extensive growth model to an intensive, productivity-driven one. Key strategies include strengthening institutions, raising total factor productivity (TFP), and reforming public investment.
Visa (NYSE: V), a world leader in digital payments, has partnered with Vietnam Prosperity Joint Stock Commercial Bank (VPBank), Shinhan Bank Vietnam and Military Commercial Joint Stock Bank (MB) to launch the Global Trade Payment Platform (GTPP) as the market’s first global card-based solution for trade payments, enabling importers to pay Korean suppliers using Visa Commercial Cards.
As of the end of November 2025, Vietnam’s public investment disbursement reached VND553,250 billion, equivalent to 60.6% of the plan assigned by Prime Minister Pham Minh Chinh. Completing 100% of the disbursement in 2025 remains a major challenge due to multiple factors affecting the spending pace.
“Consumption of more than 300,000 tons of finished products, export turnover of nearly US$3.3 billion, and pre-tax profit of nearly VND3,300 billion (US$132 million),…” are impressive figures reflecting the 30-year journey of Sao Ta Foods Joint Stock Company.
As Lunar New Year travel demand increasingly shifts toward culturally rich experiences, hospitality products and services are emerging as a key driver of higher value creation, longer visitor stays, and a stronger image for Vietnam as a destination.
Following the merger, Sinh Phinh commune has entered the 2025-2030 term with renewed energy, confidence, and high expectations. The first Congress of its Party Committee marks a landmark event, setting the direction, goals, and major tasks to drive the locality toward comprehensive and sustainable development.
Vietnamese
