Vietnam's automobile sector underwent a key shift in 2025, with recovering consumer spending, robust electric vehicle (EV) demand and surging imports, especially from China, reshaping the industry.
Vietnam achieved a top-tier global ranking in operational efficiency, placing 16th among 101 economies with a score of 70.44 points in the World Bank's Business Ready 2025 report.
Prime Minister Pham Minh Chinh has requested more breakthroughs in banking reform and policy implementation to drive the country's double digit economic growth.
Modern retail infrastructure in Vietnam grew substantially, reaching 1,293 supermarkets and 276 shopping malls nationwide, complemented by 8,274 traditional markets.
The Government has issued Decree No. 340/2025/ND-CP on administrative penalties in the monetary and banking sector, set to take effect on February 9, 2026.
Remittances sent to Ho Chi Minh City are projected to reach USD 10.5 billion in 2025, marking a 10.5 per cent increase compared with 2024, according to the State Bank of Vietnam.
The southern housing market is showing clear signs of recovery as macroeconomic conditions stabilise and a series of major infrastructure projects progress rapidly.
Vietnam is drafting a long-term strategy to develop its automobile industry through 2030, with a vision to 2045, positioning the sector as a key driver of industrialisation and green growth.
The flexibility of the business community has enabled the textile and garment sector to strengthen its position in the global supply chain, with products exported to 138 countries and territories.
Vietnam has strong potential to pursue two-digit economic growth in the 2026-2030 period if it accelerates structural reforms and renews its growth model, economists say.
More than 2,600 workers in Ho Chi Minh City will lose their jobs after a South Korean garment manufacturer announced it will close its local factory due to prolonged order shortages.
Vingroup has asked the government to withdraw its registration to invest in the north-south high-speed rail project, citing the need to focus resources on other strategic infrastructure schemes.
The recent mergers of provinces and cities have opened up new development space and provided a strong boost to FDI attraction across the southern key economic region.