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<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2025/9/26/cnvh-1705579508574522053088-17588655799311115124554.jpg" alt="Cultural industries expected to contribute 7% to GDP by 2030- Ảnh 1."></figure>Cultural industries are expected to account for 7 percent and 8 percent of national GDP by 2030 and 2035, respectivelyThe Ministry of Culture, Sports and Tourism has adopted a national target program on cultural development for the 2025-2035 period.By 2019, this relatively young sector accounted for over 3.6 percent of Viet Nam’s GDP.Viet Nam currently have 12 cultural industries, with six of them – cinema, crafts, design, performing arts, cultural tourism, and entertainment software and games having achieved significant milestones.The cinema industry has gained notable international recognition with made in Viet Nam animation while Vietnamese handicrafts are among the top 10 export items and found in 160 countries.Under the program, the ministry plans to repair and renovate 95 percent of around 120 special national relics, 70 percent of around 2,500 natinal relics by the end of this decade.The ministry also plans join at least five major cultural and art events abroad.The ministry estimated at total funding for implementing the national target program over the next five years would reach VND122,250 billion.By 2035, cultural industries are expected to account for 8 percent of the national GDP./.

Viet Nam targets to increase the share of cultural industries to national GDP to 7 percent by 2030.

Cultural industries expected to contribute 7% to GDP by 2030

Industrial structure shifts toward international standardsAccording to the latest report from the Ministry of Industry and Trade, accelerated public investment has boosted the output of construction materials, electromechanical equipment, logistics, and construction support services. However, manufacturing industries that rely on imported raw materials face potential challenges in securing stable supplies, maintaining production plans, and ensuring timely deliveries through the end of the year. Selling prices of several products have fallen while input costs continue to rise, creating caution within the industrial business community.Notably, the Industrial Production Index (IIP) in August rose 2.2% from July and 8.9% year-on-year. Overall, in the first eight months, the IIP increased 8.5%, on par with the same period in 2024. This recovery was not confined to a few industries but spread across multiple key sectors.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/09/25/img4124-16035881.png" alt="Manufacturing continues to be the biggest driver of the industry. (Illustrative photo)"></figure>Manufacturing continues to be the biggest driver of the industry. (Illustrative photo)&nbsp;&nbsp;&nbsp;Manufacturing remained the largest growth driver, up 10% year-on-year. Breakthroughs were seen in several industries: automobile production surged nearly 60%, textiles rose 13.9%, footwear climbed 13.4%, rubber and plastics jumped 17.5%, and non-metallic minerals grew 15%. Meanwhile, oil and gas extraction continued to decline, with crude oil output down 1.3% and natural gas falling 9.4%.Eighteen out of 34 provinces posted IIP growth rates higher than the national average during the eight-month period. Phu Tho grew 26.2%; Ninh Binh 22.8%; Thua Thien Hue 18.7%; Nghe An 16.4%; Quang Ninh 15.6%; Bac Ninh 15.4%; Tay Ninh 15.2%; Hai Phong 14.5%; Thanh Hoa 14.2%; Dong Nai 14.0%; An Giang 13.9%; Lai Chau 13.6%; Dong Thap 12.9%; Dak Lak 12.4%; Da Nang 12.0%; Quang Ngai 11.7%; and both Dien Bien and Hung Yen rose 11.4%.Associate Professor Dr. Nguyen Thuong Lang from the Institute of International Trade and Economics, National Economics University, remarked: “From the perspective of industrial structure, we can see a clear divergence. Sectors that meet green standards, low-carbon requirements, and align with global economic restructuring—such as steel, construction materials, and electronics—are showing strong growth. Conversely, traditional sectors like mining and oil and gas are in decline, which is understandable.”He emphasized that this is not just a short-term fluctuation but reflects a long-term shift: “Vietnam’s industrial structure will increasingly tilt toward manufacturing with higher technological content and stricter environmental standards. Industries unable to keep pace with international norms will inevitably slow down, but this is the natural filtering process of development.”Turning challenges into driversOne bright spot, according to Dr. Lang, is foreign direct investment (FDI). “FDI is currently the strongest driver of Vietnam’s industry. It brings technology and global production networks at the same time. FDI enterprises in Vietnam not only produce for export but also create supply chains, generate jobs, and open new market connections.”“In fact, many major corporations have established production lines for electronics, phones, telecommunications equipment, and high-tech components in Vietnam. At certain points, Vietnam’s share of high-tech exports even surpassed China’s in some product categories,” he observed.Besides FDI, digital transformation is seen as the second growth catalyst. “Digital transformation and policy transformation are becoming key drivers. Enterprises that embrace digital technology can expand rapidly, while those who lag behind will fall back or be left out,” he added.In banking, services, and manufacturing, digital technology has helped reduce costs and improve management efficiency. Some agricultural and textile firms are already applying smart management systems to meet strict export standards, from traceability to carbon emission control.“This is encouraging,” Dr. Lang noted. “Vietnamese enterprises, even small and medium-sized ones, are aware of the importance of digital transformation. In footwear and textiles—sectors with traditional strengths—this shift helps complement the FDI sector, creating a more balanced growth picture.”Another highlight in his analysis is Vietnam’s ability to turn global trade challenges into opportunities. “When higher tariffs are imposed on steel, aluminum, or goods from certain countries, Vietnamese businesses find more room to enter those markets. What may seem like barriers for others can sometimes be drivers for Vietnam,” he explained.He called this a positive outcome of integration: “We have 17 free trade agreements that open vast markets. As global trade restructures, Vietnamese goods can seize the gaps left behind by other countries. Their challenges can often become our opportunities.”Still, he cautioned that to turn opportunities into tangible benefits, Vietnam must improve its domestic business environment: “Administrative costs, logistics, and compliance procedures remain high. Unless these hidden costs are reduced, cheap labor and land will no longer be enough to ensure competitiveness.”Despite rising input costs, export fluctuations, and slowing domestic demand, Dr. Lang remains optimistic about Vietnam’s industrial outlook. He explained: “The demand for basic industrial goods such as construction materials, steel, and cement is still very strong thanks to public investment. Electronics and textiles continue to enjoy stable markets. I believe the fourth quarter will see higher growth than the previous three quarters, and full-year 2025 may exceed the average of the first three quarters.”Le An

Vietnam’s industrial production in the first eight months of 2025 recorded strong growth, reflecting a robust recovery across many key manufacturing sectors.

Vietnam’s Industry enters a new growth trajectory

Advantages for the U.S. companies to expand investment in VietnamAs part of his working trip to the United States (U.S.) to attend the 80th United Nations General Assembly High-Level Debate in New York, on September 23 (local time), President Luong Cuong attended and delivered remarks at a roundtable with major U.S. corporations.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/09/24/luong-cuong---1-15420144.jpg" alt="President Luong Cuong Chairs the U.S. business roundtable"></figure>President Luong Cuong Chairs the U.S. business roundtableThe event was co-organized by Vietnam’s Ministry of Industry and Trade, the Embassy of Vietnam in the United States, the U.S. - ASEAN Business Council (USABC), the U.S. Chamber of Commerce (USCC), and the Business Council for International Understanding (BCIU).This was one of the important bilateral diplomatic activities, underscoring Vietnam’s determination to promote economic, trade, and investment cooperation with the U.S. - Vietnam’s Comprehensive Strategic Partner.Deputy Prime Minister Bui Thanh Son, Minister of Industry and Trade Nguyen Hong Dien, along with leaders of relevant ministries and agencies, accompanied President Luong Cuong at this event.The roundtable brought together senior executives of many leading U.S. corporations in technology, energy, logistics, healthcare, finance and consumer sectors, including Amazon, Apple, Meta, Coca-Cola, Warburg Pincus, Amway, Atlas Air, Excelerate Energy, EXCEL Services Corporation, and Vantive.On the Vietnamese side, the event was attended by prominent corporations such as the Vietnam National Oil and Gas Group, Vietjet, HDBank, and Kinh Bắc City Development Holding Corporation, helping to strengthen connections between the two countries’ business communities.Speaking at the roundtable, President Luong Cuong highlighted the significance, role, and importance of the event.Held at a time when Vietnam and the U.S. are marking the 30th anniversary of diplomatic relations (1995–2025) and two years since the establishment of the Comprehensive Strategic Partnership (2023-2025), the President affirmed that economic, trade, and investment cooperation has always been a key pillar and driving force for the substantive, sustainable and deeper development of bilateral ties.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/09/24/luong-cuong--4-15413942.jpg" alt="On the sidelines of the Roundtable, Deputy Prime Minister Bui Thanh Son and Minister of Industry and Trade Nguyen Hong Dien had a brief exchange with leaders of Amazon."></figure>On the sidelines of the Roundtable, Deputy Prime Minister Bui Thanh Son and Minister of Industry and Trade Nguyen Hong Dien had a brief exchange with leaders of Amazon.To help U.S. companies and partners better understand the business and investment environment as well as Vietnam’s advantages, President Luong Cuong reviewed the country’s economic development journey.According to the President, nearly 40 years after the "Doi Moi" reform, Vietnam has transformed from an inefficient economy with per capita income of less than USD 100 in 1986 into one of the world’s top 32 economies, with trade turnover ranking among the top 20 globally.Vietnam has signed 17 new-generation free trade agreements, creating a close-knit network with more than 60 major economies worldwide.Notably, amid global economic volatility, Vietnam has maintained macroeconomic stability, achieved a growth rate twice that of the average developing country, and kept inflation under control. Its international reputation and standing are steadily rising.Given these advantages, President Luong Cuong called on the American business community: “Seize the opportunities, expand your presence, and make larger and deeper investments in Vietnam. Together with Vietnam, create a new era of cooperation that is prosperous and sustainable. Vietnam warmly invites leading U.S. corporations to establish Asia-Pacific headquarters and Research and Development (R&amp;D) centers in Vietnam.”Affirming that the 30-year history of Vietnam-U.S. relations is living proof of the journey of reconciliation and trust-building, serving as a model in international relations, the President stressed that bilateral ties are a powerful engine for Vietnam’s sustainable development.“Economic, trade and investment cooperation has always been a key pillar of bilateral relations. In 2024, two-way trade surpassed USD 138 billion. The presence and effective operations of leading U.S. corporations such as Apple, Intel, and Nike in Vietnam testify to the trust and potential for cooperation between the two sides,” President Luong Cuong noted.He acknowledged and highly valued the contributions of foreign investors, including the U.S. business community, in achieving Vietnam’s significant economic accomplishments today.Sharing Vietnam’s strategic orientations and priorities for the future, the President emphasized that by 2045, Vietnam aims to build a prosperous, happy nation and become a developed, high-income country.Vietnam also envisions itself as a strategic link in global supply chains, a manufacturing hub, and an Asia-Pacific center for innovation, research, and development. “Vietnam is not only the world’s ‘factory’ but also its ‘intellectual hub,’” the President affirmed.To realize this vision, Vietnam has undertaken major institutional reforms, considering this the core driving force for development. The country has streamlined its two-tier governance nationwide, ensuring efficiency and effectiveness; revised key laws such as the Law on Investment, the Law on Enterprises, and the Land Law to create a transparent and open business environment; rolled out the National Digital Transformation Strategy; advanced administrative reform; built an e-government; and promoted innovation, green growth, and renewable energy.The President reiterated Vietnam’s readiness to create all favorable conditions for U.S. corporations to expand their footprint, establish regional headquarters and R&amp;D centers in Vietnam, while also calling on U.S. businesses to act as a bridge with the U.S. Government to promote a fair trade process that balances mutual benefits.Welcoming U.S. investment in strategic sectors&nbsp;Building on this strategic orientation, Minister of Industry and Trade Nguyen Hong Dien affirmed at the roundtable that the United States has always been identified by Vietnam as one of its top economic and trade partners, not only for trade volume but also for its strategic role in global supply chain stability.Minister Dien said the bilateral economic relationship is not only measured by trade figures but also reflects mutual trust, complementarity, and long-term strategic value.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/09/24/luong-cuong---3-15420198.jpg" alt="Minister Nguyen Hong Dien expressed his hope that U.S. businesses would continue to voice strong support to the U.S. Government, promoting a reciprocal trade negotiation process that is fair and balanced in interests."></figure>Minister Nguyen Hong Dien expressed his hope that U.S. businesses would continue to voice strong support to the U.S. Government, promoting a reciprocal trade negotiation process that is fair and balanced in interests.Vietnam has now become the third-largest economy in ASEAN, one of the world’s top 20 trading economies, and one of the 15 most attractive global destinations for foreign direct investment (FDI). “These figures reflect Vietnam’s strong appeal to the international community, including U.S. companies,” Minister Dien observed.He added that Vietnam is accelerating institutional reforms as a central driver of sustainable development, and welcomes U.S. investment in strategic areas such as digital technology, renewable energy, infrastructure, finance, and healthcare.On reciprocal taxation issues, the Minister expressed his hope that the U.S. business community would continue to voice strong support to the U.S. Government, facilitating trade negotiations that ensure fairness and balance for both sides. He emphasized that U.S. companies’ support is essential to secure long-term agreements and build a solid foundation for bilateral economic cooperation.Minister Dien reaffirmed the Vietnamese Government’s commitment to a transparent, stable and safe legal environment, standing side by side with businesses under the principle that “your success is also our success.”He expressed confidence that a stronger U.S. corporate presence in Vietnam will open a new era of effective and sustainable cooperation under the Comprehensive Strategic Partnership framework between the two countries.Vietnam - a global strategic destination for U.S. corporations At the roundtable, U.S. corporations announced ongoing investment and cooperation activities in Vietnam, pointed out significant potential and opportunities, and shared experience and recommendations for contributing more to Vietnam’s development.The corporations expressed admiration for Vietnam’s economic and social progress, acknowledged the country’s forward-looking development strategies, and voiced confidence that Vietnam will become an attractive destination for global investors and achieve further success in the future.Amazon representatives expressed the company’s desire to expand cooperation in e-commerce, satellite technology, and cloud computing.Coca-Cola reaffirmed its long-term commitment to Vietnam, citing the opening of its new plant in Tay Ninh as proof of an investment strategy tied to sustainable development.Warburg Pincus, one of the largest international investors in Vietnam, highlighted its confidence in the country’s stable and transparent business environment, and stressed plans to continue expanding its footprint.Energy companies such as Excelerate Energy and EXCEL Services Corporation confirmed their interest in partnering with Vietnam on energy security strategies, clean energy development, and nuclear power projects.Other U.S. businesses expressed interest in scaling up manufacturing, boosting exports, and establishing research and development centers in Vietnam, viewing this as a promising path to align mutual benefits.Sharing many common priorities with Vietnam, from promoting digitalization and boosting exports to ensuring equitable development, leading U.S. corporations unanimously agreed that Vietnam holds strong potential to become a leading global destination for development across multiple sectors, reaffirming their commitment to expanding cooperation and investment in the country.Through candid and constructive exchanges, the roundtable with major U.S. companies demonstrated the shared determination of leaders and business communities from both nations to build a new phase of partnership, aimed at prosperity and sustainable development for Vietnam, the U.S., and the international community.This event, along with Vietnam’s activities at the 80th UN General Assembly, reaffirmed Vietnam’s increasingly proactive and positive role in both bilateral relations and global affairs.

At a roundtable with the U.S. businesses, President Luonng Cuong heard a range of priorities for cooperation and expansion of trade and investment.

U.S. tech and consumer giants deepen ties with Vietnam

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2025/9/19/chu-tich-nuoc-tiep-dieu-phoi-vien-thuong-tru-2-17581966799232105523403-1758247048795445648058.jpg" alt="State President Luong cuong receives UN Resident Coordinator in Viet Nam- Ảnh 1."></figure>State President Luong Cuong (R) and UN Resident Coordinator in Viet Nam Pauline Tamesis, Ha Noi, September 18, 2025 - Photo: VNAThe State President underscored the strong progress in Viet Nam–UN cooperation, emphasizing that the UN has always been a trusted partner throughout Viet Nam's development journey. He praised the contributions of UN agencies in supporting national development priorities, especially in pandemic response, socio-economic recovery, climate change adaptation, disaster relief – most recently during Typhoon Yagi – and in advancing a just energy transition.He reaffirmed Viet Nam's long-term development vision, aiming to become an upper middle-income nation with a modern industrial base by 2030, and a high-income developed country by 2045.&nbsp;To this end, Viet Nam is prioritizing international integration, green growth, science and technology, innovation, digital transformation, private sector development, legal reform, education, and universal healthcare.&nbsp;The State President called on UN agencies to expand support for Viet Nam, particularly in policy advice, scientific collaboration, and capacity-building.The State President also highlighted the significance of the upcoming General Debate, which coincides with both the 80th anniversary of the UN's founding and the 80th National Day of Viet Nam, as both sides are advancing reforms to strengthen effectiveness and responsiveness to global challenges. He expressed appreciation for the UN80 initiative of the Secretary-General, affirming Viet Nam's support for bold reforms and its readiness to host UN agencies and centers in the country.Luong also reiterated Viet Nam's support for the UN's role in shaping global cooperation on artificial intelligence governance, while reaffirming the country's commitment to climate pledges, including the implementation of the Just Energy Transition Partnership (JETP). He called upon the UN to work closely with Viet Nam in preparation for the upcoming official visit of Secretary-General António Guterres and the signing of the UN Convention on Cybercrime in Ha Noi this October.In response, the UN Resident Coordinator praised Viet Nam's strong leadership and commitment to multilateralism at a time of global challenges. She stressed that the 80th UN General Assembly represents a pivotal opportunity to strengthen international cooperation on peace, development, and human rights.She commended Viet Nam's remarkable achievements in poverty reduction, socio-economic development, institutional reform, gender equality, and inclusive growth, while particularly noting decisive policies on international integration, digital transformation, energy security, education, and healthcare – all of which put people and businesses at the center.The Resident Coordinator affirmed that the UN will continue to accompany and support Viet Nam in advancing sustainable development, tackling climate change, promoting gender equality, and achieving its long-term strategic goals./.

State President Luong Cuong on Thursday hosted a reception for Pauline Tamesis, United Nations (UN) Resident Coordinator in Viet Nam, along with heads of UN agencies in the country, ahead of his trip to New York to attend the High-level General Debate of the 80th session of the United Nations General Assembly.

State President Luong cuong receives UN Resident Coordinator in Viet Nam

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2025/9/17/download-2025-09-16t142440-839-8793-2531-1758007902-17580977798202006633327.jpg" alt="Viet Nam makes big leap forward after 30 years of global Internet connectivity- Ảnh 1."></figure>Viet Nam’s fixed broadband internet speed, powered largely by fiber-optic connections, rose to 13th place globally in July, its highest ranking ever.From a nation that once ranked near the bottom of global Internet speed charts, Viet Nam has made giant strides in building robust digital infrastructure, advancing domestic technology, and expanding high-speed connectivity to millions.As the country celebrates 30 years of integration into the global Internet, its journey reflects not only how far it has come but also how ready it is to stand among the foremost pioneers of the digital era.From slow start to global recognition&nbsp;Ten years ago, Viet Nam was still lagging behind. In the fourth quarter of 2015, Akamai Technologies reported the country's average Internet speed at just 3.8 Mbps, ranking 95th out of more than 100 markets worldwide.In mid-August 2025, Ookla—the company behind the Speedtest tool—announced its Speedtest Awards for the best-performing carriers in the first half of the year. Viet Nam stood out with two telecom carriers recognized among the world's fastest.Not only mobile networks but also fixed Internet services have surged. After months of strong performance, Viet Nam climbed to 10th place globally in the Speedtest Global Index—the highest position since the ranking was launched in 2017. This also represents the highest median Internet speed since Viet Nam first joined the global Internet in 1997.Recently, Viet Nam’s fixed broadband internet speed, powered largely by fiber-optic connections, rose to 13th place globally in July, its highest ranking ever.&nbsp;According to Ookla, the company behind Speedtest, Vietnam has recorded one of the strongest growth trends globally, with both speed and ranking rising month after month.Breakthroughs in 5G and Wi-Fi 7April 2024 marked a milestone when Viet Nam successfully held its first auction of 5G. Just six months later, the first commercial fifth-generation mobile network was launched. This not only demonstrated a major leap in mobile technology but also signified the official deployment of Vietnamese-made 5G equipment on domestic networks.Innovation extended further in October 2024, when VNPT Technology introduced the first "Made-in-Vietnam" Wi-Fi 7 device with a speed of 10 Gbps. "This is the first Wi-Fi device in the Asia-Pacific region using XGSPON technology, and we are also among the first carriers to manufacture and bring such devices to market," a VNPT representative said at the launch event, which was attended by ST Liew, Vice President of Qualcomm Technologies.By August 2025, FPT rolled out service packages supporting Wi-Fi 7 with XGS-PON technology, enabling users to experience speeds of 10 Gbps for both uploads and downloads.<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/344443456812359680/2025/9/17/174395internet-1758098454077722956253.jpeg" alt="Viet Nam makes big leap forward after 30 years of global Internet connectivity- Ảnh 2."></figure>Toward universal high-speed InternetTo sustain momentum, Viet Nam is pursuing ambitious goals for digital infrastructure. Resolution 57 of the Politburo sets a vision that by 2030 the country will achieve advanced, modern infrastructure with ultra-large capacity and ultra-broad bandwidth, on par with developed economies.The Ministry of Science and Technology targets the deployment of 15 international submarine cable systems with a combined design capacity of 350 Tbps by 2030, including two under Vietnamese ownership, alongside two international terrestrial fiber-optic cables. By then, 100 percent of users are expected to have access to speeds of 1 Gbps.Minister of Science and Technology Nguyen Manh Hung emphasized that telecommunications infrastructure is a "national strategic infrastructure," as vital as transportation and electricity. He has called for Viet Nam to aim for a "top 5, top 10" global position.According to the Authority of Telecommunications, in the first half of 2025, Viet Nam's fixed broadband subscription rate reached 24.4 per 100 inhabitants, up 3.9 percent year-on-year. Household fiber-optic usage climbed to 85.3 percent, well above the global average of 60 percent.&nbsp;This year also marks Viet Nam's mastery of the VSTN terrestrial fiber-optic cable system, with a designed capacity of 4 Tbps, expandable to 12 Tbps. This provides the backbone for high-speed connectivity and widespread 5G deployment.Viettel Telecom, one of the country's leading carriers, has set an ambitious target of covering 91 percent of the population with 5G and attracting 12 million subscribers in 2025. To achieve this, the operator plans to deploy an additional 22,000 5G stations, bringing the total to 29,000.If successful, Viettel's rollout will exceed four times the number of stations it launched in October 2024, and more than double the total 5G stations currently operated by all other carriers in the country combined (around 11,000)./.

Over the past three decades, Viet Nam has transformed from a latecomer in global Internet connectivity into a fast-rising digital powerhouse, mastering core technologies in 5G systems, network equipment, and next-generation Internet solutions.

Viet Nam makes big leap forward after 30 years of global Internet connectivity

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2025/9/16/trungquoc-17580123161271501210824.jpg" alt="Viet Nam overtakes Thailand as top travel destination for Chinese tourists: Bloomberg- Ảnh 1."></figure>The nation's rapid growth is reshaping Southeast Asia's multi-billion-dollar tourism industry, according to a report by Bloomberg.This year, Viet Nam has welcomed a record high of nearly 14 million international tourists. Chinese tourists, its largest market, increased by 44 percent year-on-year during the first eight months of the year (January-August).The Vietnamese government and private tour companies are actively working to attract international visitors, particularly from China.In Quang Ninh province, which borders China, officials have partnered with businesses to organize paragliding and hot-air balloon festivals to encourage tourists to stay longer.In the coastal city of Da Nang, large signs in Chinese are now ubiquitous, from hotel entrances to street-side restaurants and massage parlors.Viet Nam's tourism industry is on track towards its ambitious target of welcoming 25 million foreign visitors in 2025, the highest ever./.

Viet Nam has overtaken Thailand to become the top destination in the region for Chinese tourists, welcoming a record 3.5 million visitors since the beginning of this year.

Viet Nam overtakes Thailand as top travel destination for Chinese tourists: Bloomberg

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2025/9/12/du-lich-174109688679366606627-17576662598521963045021.jpg" alt="Viet Nam posts 21% growth in inbound tourism in January-June period - Ảnh 1."></figure>Viet Nam targets to welcome 22-23 million foreign visitors and 120-130 million domestic touristsViet Nam’s tourism has shown strong recovery post-pandemic. In 2024, international arrivals reached 17.5 million, up about 39.5 percent year-on-year. That number is almost back to pre-pandemic levels — about 97.6 percent of 2019’s (~18 million) arrivals. The country targets to welcome 22-23 million foreign visitors and 120-130 million domestic tourists.UN Tourism reported that nearly 690 million tourists traveled internationally between January and June 2025, an increase of about 33 million compared to the same period in 2024.The organization reported mixed results across regions, with Africa recording the strongest performance and Asia-Pacific continuing its rebound toward pre-pandemic levels.Asia and the Pacific recorded an 11 percent increase, reaching 92 percent of pre-pandemic levels. North-East Asia grew 20 percent compared to 2024 but remained 8 percent below 2019 levels.Japan and Viet Nam posted 21 percent growth, South Korea 15 percent, and Morocco 19 percent. Mexico and the Netherlands each recorded 7 percent growth, while Malaysia and Indonesia both rose 9 percent. France and Spain, the world's top destinations, each grew 5 percent.Data from IATA showed international air traffic and capacity grew 7 percent&nbsp; in the first half of 2025 compared to 2024.In 2024, international tourism receipts grew 11 percent to a record US$1.734 trillion, 14 percent above pre-pandemic levels in real terms, reflecting strong visitor spending worldwide.&nbsp;Economic pressures and geopolitical uncertainty remain the main risks for global tourism. High transport and accommodation costs were identified as the top challenge in the September 2025 survey of UN Tourism’s Panel of Experts. Tourism inflation is projected to ease from 8.0 percent in 2024 to 6.8 percent in 2025, still above pre-pandemic levels of 3.1 percent./.

Viet Nam ranked sixth in inbound tourism growth in the first half of 2025, according to the World Tourism Barometer released by UN Tourism.

Viet Nam posts 21% growth in inbound tourism in January-June period

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2025/9/11/tbt-1757555364417156871687.jpg" alt="To Lam stresses need to mobilize private investment in essential infrastructure projects- Ảnh 1."></figure>General Secretary To LamDuring a working session with the executive Party Committee of the Government on August 10, General Secretary To urged the Government to focus on improving institutions and laws, especially in the areas of investment, land and planning in a bid to mobilize all resources for nationa development.He requested the Government to adopt policies to mobilize private sector's investment in essential infrastructure development projects such as railways, expressways, energy, and defense and security industry.To also urged the Government to accelerate industrialization and modernization process, restructuring of the economy, and creating new growth model underpinned by science and technology, innovation and digital transformation as key drivers.The Government needs to booost digital economy, knowledge economy and global competitiveness, particularly in new industries and new technologies, said To.The Party leader asked the Govenrment to steer resources to development of synchronous, modern, smart and internationally-connected infrastructure; ensure energy security for high growth in the next period. He said Viet Nam will invest in building nuclear power plants powered by new and safe technologies.The Party chief also urged the Government to improve social welfare for all people, ensuring all citizens benefit from national development process./.

General Secretary To Lam has stressed the need to mobilize private investment in essential infrastructure development projects such as railways, expressways, energy, and defense and security industry.

To Lam stresses need to mobilize private investment in essential infrastructure projects

On September 8, Prime Minister Pham Minh Chinh chaired the September 2025 Government’s thematic session on law-making to review and give opinions on nine draft laws. Attending the session were Politburo members, Secretaries of the Party Central Committee, members of the Party Central Committee, Deputy Prime Ministers, Deputy Secretary of the Government’s Party Committee, ministers, acting ministers, heads of ministerial-level agencies, government-attached agencies, and leaders of ministries and agencies.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/09/08/q-09344089-13121796.jpg" alt="Prime Minister Pham Minh Chinh delivers the opening speech at the Government's special session on law-making in September 2025 - Photo: VGP/Nhat Bac"></figure>Prime Minister Pham Minh Chinh delivers the opening speech at the Government's special session on law-making in September 2025 - Photo: VGP/Nhat BacFollowing the August 2025 thematic law-making session held on September 4, the September 2025 session (the first session) considered and gave opinions on nine draft laws, including: the Law on Personal Income Tax; the Law on High Technology (amended); the Law amending and supplementing a number of articles of the Law on Technology Transfer; the Law amending and supplementing a number of articles of the Law on Intellectual Property; the Law amending and supplementing a number of articles of the Law on International Treaties; the Law amending and supplementing 10 laws related to security and order; the Law on Protection of State Secrets (amended); the Law amending and supplementing 15 laws in agriculture and environment; and the Law on the Press (amended).Opening the session, Prime Minister Pham Minh Chinh stated that Resolution 66/NQ-CP of the Politburo requires that in 2025, the Government basically complete the removal of legal and institutional obstacles and “bottlenecks” hindering national development, aiming to achieve a growth rate of 8.3-8.5% in 2025 and double-digit growth in the following years to reach the two centennial strategic goals. Therefore, leadership, direction, and investment in infrastructure and other necessary conditions must be concentrated to meet this target.Since the beginning of the term, the Government has focused on promoting institution-building and improvement, one of the three strategic breakthroughs and an important pillar to create strong momentum for the country’s advance into a new era. Accordingly, the Government has organized 42 thematic law-making sessions to review and give opinions on about 80 dossiers of draft laws and resolutions.In August and September 2025, the Government continues to focus on law-making work, holding thematic sessions to timely complete and submit to the National Assembly about 113 dossiers, documents, submissions, and reports, including 47 draft laws and resolutions at the 10th session of the 15th National Assembly.The Prime Minister emphasized that from now until the opening of the 10th session of the 15th National Assembly, time is limited, the workload is large, tasks and requirements are high, and the nature of the work is very complex. Therefore, ministries and agencies, especially their heads, must uphold responsibility, provide leadership and direction, and allocate time, personnel, and resources for law-making and institution-building. High determination, great effort, and resolute, effective action are needed to fulfill the goals set by the Central Steering Committee on Institution and Law Improvement, headed by General Secretary To Lam.The Prime Minister required ministers and heads of ministerial-level agencies to directly lead law-making and institutional improvement, taking main responsibility for the quality of legal policies in their sectors, especially the draft laws and resolutions to be submitted at the upcoming 10th National Assembly session. In the immediate future, they must ensure quality and timeliness of these draft laws and resolutions.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/09/08/q2-09344056-13121749.jpg" alt="The Prime Minister requested that ministers and heads of ministerial-level agencies directly direct the work of building and perfecting institutions and take primary responsibility for the quality of legal policies in the areas under their management - Photo: VGP/Nhat Bac"></figure>The Prime Minister requested that ministers and heads of ministerial-level agencies directly direct the work of building and perfecting institutions and take primary responsibility for the quality of legal policies in the areas under their management - Photo: VGP/Nhat BacAccording to the Prime Minister Pham Minh Chinh, the issues discussed at the session are of great importance and necessity, including draft laws in the form of “one law amending multiple laws,” to improve the legal framework, enhance the effectiveness and efficiency of state management in key areas and in the context of deep international integration; create an open and favorable legal environment; ensure the legitimate rights and interests of people and businesses; promptly remove legal obstacles to promote socio-economic development; and strive to achieve the growth targets.The Prime Minister noted several major principles in law-making and institutional improvement: “What is ripe, clear, proven correct in practice, and has majority consensus should be codified into law; what is still changing or beyond the competence of the National Assembly should be regulated by Government decrees”; “regulations should be concise and go straight to current bottlenecks.”He requested that submitting agencies ensure their reports are concise and clear, specify contents to be removed, refined, amended, or supplemented, especially those related to delegation of power and responsibilities, resource allocation, enforcement capacity, strengthening inspection, supervision, and output control, and cutting at least 30% of administrative procedures, implementation time, and compliance costs. They must also clarify their positions on issues with differing opinions.<blockquote>The Prime Minister also required Government members to devote efforts, intellect, and resources to law-making work; continue the spirit of innovation; present reports and opinions concisely and clearly, going straight to the issues; focus discussions on important and major issues with differing opinions in the draft laws; and ensure the timeliness and quality of the session.</blockquote>According to Chinhphu.vnKim Bui

On September 8, Prime Minister Pham Minh Chinh chaired the September 2025 Government’s thematic session on law-making to review and give opinions on nine draft laws.

Prime Minister chairs session on nine draft laws

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2025/9/5/24-1-17570581343631737468597.jpg" alt="Minister Phan Van Giang holds talks with Azerbaijani counterpart- Ảnh 1."></figure>The Azerbaijani minister is on a visit to Viet Nam to attend the 80th anniversary of the August Revolution and National Day on September 2.Phan said that Viet Nam remains consistent with its foreign policy of independence, self-reliance, peace, friendship, cooperation and development, as well as diversification and multilateralization of external relations.The country would also adhere to its 'four nos' defense policy: no partaking in military alliances, no siding with one country to act against another, no foreign military bases in the Vietnamese territory or using Viet Nam as leverage to counteract other countries and no using force or threatening to use force in international relations.The two ministers agreed that defense cooperation has been promoted over the recent past, in line with state-level relations, notably in delegation exchange, defense industry, mine clearance, and engagement in multilateral forums. A Memorandum of Understanding on defense cooperation was signed as part of Vietnamese General Secretary To Lam's visit to Azerbaijan last May, contributing to bolstering bilateral collaboration more substantively and effectively.Looking ahead, Minister Phan suggested both sides work together to expand cooperation in areas such as training, defense industry, military trade, and logistics–technical support, while exploring new cooperation domains where both countries have demand and potential. He also proposed establishing defense attaché offices in each other's country, welcomed Azerbaijani cadets to study Vietnamese at the Military Science Academy, and attend the international defense officers' course at the National Defense Academy.Hasanov Zakir, for his part, expressed gratitude for Viet Nam's invitation and delight at the robust relations between the two countries, especially following General Secretary To's trip. He affirmed Azerbaijan's willingness to advance substantive defense cooperation with Viet Nam, contributing to the bilateral relationship between the two countries.Concluding the talks, the two ministers signed a Letter of Intent on military personnel training cooperation./.

Vietnamese Minister of National Defense Phan Van Giang held talks with his Azerbaijani counterpart Zakir Hasanov in Ha Noi on Thursday afternoon.

Minister Phan Van Giang holds talks with Azerbaijani counterpart

<figure class="image image-style-align-center image_resized" style="width:75%;"><img src="https://bcp.cdnchinhphu.vn/344443456812359680/2025/9/5/red-and-yellow-modern-illustrative-project-timeline-graph-1757040269246120254312.png" alt="Viet Nam’s 80-year education journey: From illiteracy to internationalization- Ảnh 1."></figure>The Ministry of National Education — now the Ministry of Education and Training — was founded on September 2, 1945, alongside the birth of the Provisional Government. Despite wars, upheavals, and periods of crisis, the system has consistently evolved, leaving a profound imprint on the nation's development.1945–1954: Foundations and Illiteracy EradicationIn 1945, more than 90 percent of Viet Nam's population could not read or write. Amid economic collapse and existential threats, the government prioritized literacy. Movements for adult education flourished in liberated zones, schools reopened, and universities resumed teaching in Vietnamese.In occupied areas, education became a battleground of ideology. While the French colonial administration sought to suppress revolutionary ideas through its school system, underground classes maintained literacy efforts. Schools also became centers of surveillance, repression, and resistance.1954–1975: Divergent paths in the north and southAfter the Geneva Accords, the country was divided, leading to contrasting education models.In the North, illiteracy was nearly eliminated through a third major campaign. The 1956 reform introduced a 10-year general education system, standardized curricula, and professional teacher training. Education was tied to socialist construction, with curricula emphasizing labor and practical skills. Universities expanded rapidly despite wartime bombings.In the South, two systems coexisted: one under the Republic of Viet Nam and another in liberated zones. Revolutionary education thrived, particularly after 1961, with its own curricula and textbooks. By the late 1960s, schools spread widely in semi-legal and legal forms, especially following the Paris Peace Accords.1975–1986: National Unification and Comprehensive ReformFollowing reunification, education focused on stabilizing and unifying institutions across the country. By 1978, illiteracy was largely eradicated in the South, and most private schools were absorbed into the public system. Postgraduate education was also introduced.Resolution 14 (1979) launched the third comprehensive education reform, establishing a unified 12-year system with standardized curricula. However, the economic crisis of the 1980s strained the sector. Funding was limited, classrooms were makeshift, and teachers faced severe financial hardship. Despite these challenges, the ideological foundation — "education is the cultural backbone of a nation and the strength of its future" — was affirmed.1986–2000: Education as a National PriorityWith the Doi Moi reforms, education was officially declared a "top national policy." Resolution 6 (1989) called for diversification, expansion of non-public schools, and mixed financing models.The 7th Party Congress (1991) highlighted three strategic goals: raising public knowledge, developing human resources, and nurturing talent. These principles were codified in the Law on Universal Primary Education (1991) and the Education Law (1998).This period marked the start of educational socialization, encouraging community and private sector participation. Tuition fees were introduced, and new pathways for vocational training and higher education expansion were established.2000–2025: Reform, Digital Transformation, and Global IntegrationEntering the 21st century, Viet Nam achieved universal primary education and literacy, followed by nationwide universal lower secondary education in 2010.The Education Law (2005) replaced semi-public schools with private and non-public institutions, while vocational training was strengthened under the 2006 law. Quality accreditation was introduced for the first time.Resolution 29-NQ/TW (2013) called for fundamental and comprehensive reform, supported by the Education Development Strategy 2011–2020 and the Higher Education Law (2012). Investment in education was secured at a minimum of 20 percent of the state budget, solidifying its role as a developmental priority.The COVID-19 pandemic (2020–2021) accelerated digital learning, reinforcing the principle: "suspend school, but don't stop learning." Since then, digital transformation, artificial intelligence, and STEM education have become strategic pillars, positioning Viet Nam's education system to embrace globalization and innovation.<figure class="image image-style-align-center image_resized" style="width:75%;"><img src="https://bcp.cdnchinhphu.vn/344443456812359680/2025/9/5/tong-bi-thu-to-lamjpeg-1756977748296-17570412859261781379141.jpg" alt="Viet Nam’s 80-year education journey: From illiteracy to internationalization- Ảnh 2."></figure>Party General Secretary To Lam (center) presents a state-of-the-art STEM lab to Cau Giay Secondary School during his fact-finding trip on May 14, 2025Proud milestones and strategic breakthroughsViet Nam's education sector has achieved many proud and groundbreaking accomplishments that reflect the strategic vision of the sector, contributing to raising intellectual standards, training human resources, and nurturing talent.The education network, from preschool to university, has been expanded and improved, with increasingly modern facilities. The number of national standard schools and non-public educational institutions has risen rapidly, creating diversity in educational models.The universalization of primary and lower secondary education has been firmly maintained, while many localities have achieved universal upper secondary education. Notably, in 2017, Viet Nam announced the completion of preschool universalization for five-year-old children, with nearly 99 percent enrolled.The scale of education and training has developed strongly: the rate of students attending school at the right age has increased, and dropout rates have significantly decreased. By 2020, about 70 percent of the workforce trained in vocational education had been certified; the number of university students per 10,000 people increased from 117 (in 2000) to more than 200 (in 2010) and has continued to rise since then.The first cycle of the 2018 General Education Program has been completed; vocational education has become more closely aligned with market demand; universities have expanded autonomy, strengthened quality assurance, and developed many programs meeting regional and international standards.Educational equity has improved thanks to policies supporting disadvantaged students, those in difficult areas, and ethnic minorities, thereby increasing enrollment rates among vulnerable groups.International integration and digital transformation have become new driving forces. Many institutions have established international partnerships, while digital transformation after the Covid-19 pandemic has accelerated the development of digital learning resources, online teaching, and modern governance, laying the foundation for Viet Nam's digital education ecosystem.Looking back on the 2000–2025 period, Viet Nam's education system has undergone strong transformation with many important achievements, most notably the completion of universal education and comprehensive fundamental reforms.Entering a new stage amid deep international integration, continued reform is essential. Therefore, comprehensive digital transformation, enhanced autonomy, and stronger connections between schools and society are strategic tasks to build high-quality human resources, meeting the requirements of the country's sustainable development./.&nbsp;

From mass illiteracy in the aftermath of war in 1945 to the current era of global integration, Viet Nam’s education system has undergone five transformative phases over the past eight decades.

Viet Nam’s 80-year education journey: From illiteracy to internationalization

On September 2, 2025, Ba Dinh Square in Hanoi was awash with red flags as the nation celebrated the 80th anniversary of the August Revolution (August 19, 1945-2025) and National Day of the Socialist Republic of Vietnam (September 2, 1945-2025).&nbsp;<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/09/03/z69685966480401f715cc66d6f24b8bbf48c13446f5382-10441100-1-12451045.jpg" alt="Standing formations at Ba Dinh Square."></figure>Standing formations at Ba Dinh Square.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/09/03/z69681214168151aa7d46c318e1bf2bdc30f2e73088804-10154602-10220351.jpg" alt="At 6:30 a.m. on September 2, 2025, the ceremony marking the 80th anniversary of the August Revolution (August 19, 1945 - August 19, 2025) and the National Day of the Socialist Republic of Vietnam (September 2, 1945 - September 2, 2025) took place."></figure>At 6:30 a.m. on September 2, 2025, the ceremony marking the 80th anniversary of the August Revolution (August 19, 1945 - August 19, 2025) and the National Day of the Socialist Republic of Vietnam (September 2, 1945 - September 2, 2025) took place.At 6:30 A.M, the ceremony commenced with the traditional torch relay and lighting of the flame by Lieutenant General Nguyen Duc Soat, a Hero of the Armed Forces and former Deputy Chief of Staff, who shot down six enemy aircraft during the war. The flame, symbolizing Vietnam’s aspirations, was followed by a solemn flag-raising ceremony.Permanent Deputy Prime Minister Nguyen Hoa Binh introduced the distinguished attendees, including General Secretary To Lam, President Luong Cuong, Prime Minister Pham Minh Chinh, National Assembly Chairman Tran Thanh Man, and other senior leaders, alongside veterans, Heroes of Vietnam, and representatives from ministries, localities, and the public. International leaders, diplomats, and representatives of global organizations also joined the event.General Secretary To Lam delivered a keynote address, reflecting on 80 years of revolutionary achievements and national progress. At 7:05 a.m., the military parade began, led by heroic formations of the Vietnam People’s Air Force soaring above, followed by a naval parade.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/09/03/img5662-17567798353861031950336-10464866-10260896.jpg" alt="General Secretary To Lam delivered a keynote speech at the military parade and march celebrating the 80th National Day."></figure>General Secretary To Lam delivered a keynote speech at the military parade and march celebrating the 80th National Day.&nbsp;The ground parade featured ceremonial units, including vehicles bearing the National Emblem, the National and Party Flags, a portrait of President Ho Chi Minh, and symbols of the 80th anniversary. Led by Lieutenant General Nguyen Hong Thai, Deputy Minister of Defense, 22 units of the Vietnam People’s Army and militia showcased their valor, adorned with prestigious medals, embodying President Ho Chi Minh’s praise: “Our army, loyal to the Party and devoted to the people, is ready to fight and sacrifice for the nation’s independence, freedom, and socialism.”<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/09/03/z6968597314286da78a7732eed241be812795e8f6a861f-10212895-12284674.jpg" alt="The parade began with formations of the heroic Vietnam People’s Air Force flying over the nation’s skies."></figure>The parade began with formations of the heroic Vietnam People’s Air Force flying over the nation’s skies.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/09/03/doi-hinh-chu-v-1756777782200514724594-10474666-10340900.jpg" alt="Armed forces units conducted a naval parade."></figure>Armed forces units conducted a naval parade.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/09/03/z69695024973003aaaf22c461f8906eb4985a69fbc6f19-16175665-12302139.jpg" alt="The bloc of Party and National flags led the honor guard contingent."></figure>The bloc of Party and National flags led the honor guard contingent.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/09/03/z6968596597013609c05db63cd35d3f47c9bbd6cf19ab7-10143310-1-12331963.jpg" alt="Leading the parade was the honor guard with a model vehicle carrying the National Emblem, the bloc of the National Flag and Party Flag, and a vehicle bearing the portrait of President Ho Chi Minh."></figure>Leading the parade was the honor guard with a model vehicle carrying the National Emblem, the bloc of the National Flag and Party Flag, and a vehicle bearing the portrait of President Ho Chi Minh.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/09/03/z6968597365150fc875cc30b49a6d781f2ccb0c72beda6-10175846-1-12340669.jpg" alt="Following were vehicles showcasing the emblem of the 80th anniversary of the August Revolution and the National Day of the Socialist Republic of Vietnam."></figure>Following were vehicles showcasing the emblem of the 80th anniversary of the August Revolution and the National Day of the Socialist Republic of Vietnam.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/09/03/z69695024551887db61d11a802077a000d62b4af78c2f7-16173754-1-12363040.jpg" alt="The Red Flag bloc marched in the parade commemorating the 80th National Day."></figure>The Red Flag bloc marched in the parade commemorating the 80th National Day.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/09/03/z696859751824969ace23a281b58e5befdee8242c5c4dc-10252683-1-12470809.jpg" alt="Following were 22 marching contingents of the Vietnam People’s Army in the parade marking the 80th National Day."></figure>Following were 22 marching contingents of the Vietnam People’s Army in the parade marking the 80th National Day.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/09/03/z69685974665032b5f6c4d58656132eb00f09037c9c640-10255218-1-12465093.jpg" alt="Troop formations of the Vietnam People’s Army proudly strode across Ba Dinh Square."></figure>Troop formations of the Vietnam People’s Army proudly strode across Ba Dinh Square.International contingents from China, Russia, Laos, and Cambodia joined the parade, highlighting global solidarity.&nbsp;<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/09/03/z6968598285699ffcb2a9eb1c3cfc6bcdd706b69e20f14-10400949-1-12474384.jpg" alt="Troop formations of the Vietnam People’s Army proudly strode across Ba Dinh Square."></figure>Troop formations of the Vietnam People’s Army proudly strode across Ba Dinh Square.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/09/03/z6968598234158a01c4f360f200c8bbe0f2d4d316c2823-10403455-1-12481398.jpg" alt="The military contingent from the Russian Federation joined the parade."></figure>The military contingent from the Russian Federation joined the parade.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/09/03/z696859813283487e800bbabc7fe28ea7827a544d75a91-10415095-1-12492416.jpg" alt="The first contingent of the Chinese People’s Liberation Army."></figure>The first contingent of the Chinese People’s Liberation Army.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/09/03/z6968598437122551e52608c7d782981c5317a2f2fb5ea-10422771-1-12501365.jpg" alt="The military contingent from Cambodia took part in the parade."></figure>The military contingent from Cambodia took part in the parade.The Vietnam People’s Police, led by Major General Le Van Sao, featured 17 units, showcasing their role in safeguarding national security since their founding during the 1945 August Revolution. Modern military and police vehicles, including tanks, artillery, and advanced air defense systems like the domestically developed Truong Son missile and upgraded S-125-VT system, demonstrated Vietnam’s defense capabilities.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/09/03/z69685984886611e562f95ff1b47c86d833bca5b5de905-10292194-1-12503751.jpg" alt="The contingents of the Vietnam People’s Public Security Force joined the parade marking the 80th National Day."></figure>The contingents of the Vietnam People’s Public Security Force joined the parade marking the 80th National Day.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/09/03/z696859690326131f70c054ddce675d6c478cfe6914ac3-10301113-1-12511338.jpg" alt="The parade also featured a wide range of specialized vehicles, modern equipment, and advanced weaponry of the Army and Public Security forces."></figure>The parade also featured a wide range of specialized vehicles, modern equipment, and advanced weaponry of the Army and Public Security forces.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/09/03/z6968597006189a5d880ef48f73759d9b7e743d22f9573-10313330-1-12520012.jpg" alt="The Truong Son missile system-researched, developed, and manufactured domestically by the Viettel Military Industry and Telecoms Group was showcased."></figure>The Truong Son missile system-researched, developed, and manufactured domestically by the Viettel Military Industry and Telecoms Group was showcased.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/09/03/z69685968022711a63c5d2d51be3a8db69b3657f6bcefd-10323806-1-12523568.jpg" alt="The armored tank formation marched proudly in the parade."></figure>The armored tank formation marched proudly in the parade.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/09/03/z6968597109320a7d3597670de88fc8a09e7676652484f-10364403-1-12530800.jpg" alt="The S-125-VT air defense missile complex, an upgraded and modernized version of the Soviet-developed S-125 Pechora-2TM (SAM-3), was also presented. This system is designed to counter aerial threats, particularly effective against low-flying, small-sized targets such as cruise missiles and unmanned aerial vehicles (UAVs) weapons increasingly common in modern warfare."></figure>The S-125-VT air defense missile complex, an upgraded and modernized version of the Soviet-developed S-125 Pechora-2TM (SAM-3), was also presented. This system is designed to counter aerial threats, particularly effective against low-flying, small-sized targets such as cruise missiles and unmanned aerial vehicles (UAVs) weapons increasingly common in modern warfare.A vibrant display of national unity<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/09/03/z696951512388357e7d7ba28f0aad5fa1bb3ae779b88eb-16230261-1-12535887.jpg" alt="On the morning of September 2, Ba Dinh Square was awash with red flags, celebrating the nation’s grand festival."></figure>On the morning of September 2, Ba Dinh Square was awash with red flags, celebrating the nation’s grand festival.Following the armed forces, the Red Flag unit led 13 civilian contingents, representing the Vietnam Fatherland Front, 54 ethnic groups, veterans, workers, farmers, intellectuals, journalists, entrepreneurs, women, overseas Vietnamese, youth, and cultural-sports figures, symbolizing the nation’s unity and diversity.Ba Dinh Square, vibrant with red flags, stood as a testament to Vietnam’s enduring spirit and collective pride on this historic milestone.Nguyen Hang

Ba Dinh Square awash with red flags as Vietnam marked the 80th National Day with pride and unity.

Ba Dinh Square radiates pride for Vietnam’s 80th National Day

On the evening of August 27, 2025 (Hanoi time), Minister of Industry and Trade Nguyen Hong Dien held a phone call with Brazilian Minister of Foreign Affairs Mauro Vieira to advance negotiations on the Vietnam-MERCOSUR FTA.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/08/28/z6951569738948863b30b29c913ad59e79c91b077f61c8-22250803-18405167.jpg" alt="Overview of the phone call between Minister of Industry and Trade Nguyen Hong Dien and Brazilian Minister of Foreign Affairs Mauro Vieira."></figure>Overview of the phone call between Minister of Industry and Trade Nguyen Hong Dien and Brazilian Minister of Foreign Affairs Mauro Vieira.The call followed recent high-level exchanges, including Brazilian President Luiz Inácio Lula da Silva’s state visit to Vietnam in March 2025 and Prime Minister Pham Minh Chinh’s trip to Brazil for the expanded BRICS Summit in July.During the talks, Minister Mauro Vieira announced that Brazil would present a proposal to launch FTA negotiations with Vietnam at the next MERCOSUR meeting in early September. He stressed that the agreement would create opportunities for both sides, particularly in agriculture, processed industries and consumer goods. Brazil, currently holding MERCOSUR’s rotating presidency, pledged to push internal consultations to pave the way for formal negotiations later this year.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/08/28/z69515695958075754e17acbe044bee13807b32061052e-22264646-18405116.jpg" alt="Minister of Industry and Trade Nguyen Hong Dien emphasized that in the context of the global economy having many fluctuations, the Vietnam-MERCOSUR FTA will create conditions for businesses on both sides to diversify export markets."></figure>Minister of Industry and Trade Nguyen Hong Dien emphasized that in the context of the global economy having many fluctuations, the Vietnam-MERCOSUR FTA will create conditions for businesses on both sides to diversify export markets.Minister of Industry and Trade Nguyen Hong Dien welcomed Brazil’s support, saying the FTA would help both economies diversify export markets and supply sources amid global economic volatility, while strengthening their positions in global supply chains. He suggested that both sides aim to hold an inaugural meeting in early September to declare the start of negotiations and prepare for a first negotiating round as soon as possible.The two ministers also agreed to step up technical coordination to promote bilateral trade and investment.<blockquote>Vietnam - Brazil trade reached a record US$8 billion in 2024, up 12,2% from 2023. In the first seven months of 2025, bilateral turnover stood at around US$4,45 billion, down 3% year-on-year. Vietnam’s main exports to Brazil include phones, electronics, machinery, steel, footwear, textiles and seafood, while key imports are ores, cotton, soybeans, corn, animal feed, and wood products.Brazil is Vietnam’s second-largest trading partner in the Americas after the United States, and its top partner in Latin America.</blockquote>Thanh Son

The Brazilian Foreign Minister announced that he will submit a proposal on FTA negotiations with Vietnam at the next MERCOSUR meeting in early September 2025.

Vietnam, Brazil push to launch FTA talks with MERCOSUR

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2025/8/27/1-xivn-1499960517037-1703925498743766150177-1756306992068443278276.jpg" alt="Viet Nam to increase State's expenditure on education to at least 20%- Ảnh 1."></figure>Viet Nam targets to rank among the world's top 20 education system by 2045The Government will formulate a national target program on modernizing and improving the quality of education and training for the 2026-2035 period.The Government will also expand financial and credit support programs to ensure that no student has to stop learning due to financial constraint.The State shall exempt land use fees, reduce land rental fees and land levy on domestic educational establishments.Corporate income tax shall be exempted for public educational establishments and nonprofit private educational establishments.Strong mechanisms and policies shall be put in place to encourage organizations and enterprises to invest in education and training development.By 2035, the proportion of students studying basic sciences, engineering and technology is expected to reach at least 35 percent, including at least 6,000 postgraduate students and 20,000 students studying in talent programs.The human capital and research index contributing to the global innovation index (GII) is on par with that of upper-middle-income countries.The number of international scientific publications is projected to increase by 12 percent annually while the number of patent registrations and patent protection certificates by 16 percent per year.The education and training sector wills trive for at least 8 higher education institutions to be in the top 100 universities in Asia, and at least one higher education institution to be in the top 100 universities in the world.By 2035, Viet Nam targets to complete universal secondary education and to raise the human capital and research index contributing to the GII to reach above the average of upper middle-income countries.The Southeast Asian nation will strive for at least two higher education institutions to be among the top 100 universities in the world in a number of fields according to prestigious international rankings.By 2045, Viet Nam aims to rank among world's top 20 education systems./.

Viet Nam will increase State’s annual expenditure on education and training to at least 20 percent of the total State spending volume, according to a resolution issued recently by the Politburo.

Viet Nam to increase State's expenditure on education to at least 20%

Private Sector – The Main Growth EngineQuang Ninh has positioned itself among the nation’s frontrunners in implementing comprehensive and practical policies to support sustainable private sector development under Resolution 68-NQ/TW, issued by the Politburo on May 4, 2025.In the first seven months of 2025, the province recorded more than 1,150 newly established enterprises, a 22% increase compared to the same period last year. Additionally, 536 businesses resumed operations, bringing the total number of active enterprises in the province to nearly 12,000. In the collective economy, 112 new cooperatives were set up, achieving 78.3% of the annual target, raising the total to 725 active cooperatives.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/08/25/img3122-18151873.jpeg" alt="Resolution 68 empowers thousands of private enterprises in Quang Ninh Province to grow and expand their presence in global value chains. Photo: Thu Anh"></figure>Resolution 68 empowers thousands of private enterprises in Quang Ninh Province to grow and expand their presence in global value chains. Photo: Thu AnhAccording to Pham Duc An, Chairman of the Quang Ninh Provincial People’s Committee, the province has made improving the business environment and removing obstacles for enterprises, especially small and medium-sized firms, cooperatives, and startups, a top priority. Support policies have been designed to be practical, flexible, and tailored to real business needs.For the first time, Resolution 68 recognizes the private sector as one of the most critical drivers of the national economy. It introduces a series of breakthrough measures such as: three-year tax exemptions for SMEs; shifting from pre-inspections to post-inspections to enhance corporate autonomy and accountability; eliminating the criminalization of civil and economic relations; limiting inspections to once per year; and addressing bottlenecks in capital, land, administrative procedures, and technology.Speaking to Cong Thuong newspaper, Luu Cong Thanh, Chairman of Quang Ninh’s Young Entrepreneurs Association, emphasized: “Resolution 68 is not just a turning point in development thinking, but also a strong political commitment by the Party to create a fair, transparent, and healthy business environment for all economic sectors”.Affirming the central role of private enterprises in local economic development, Quang Ninh has established a provincial Steering Committee on Private Sector Development to concretize Resolution 68. The committee coordinates implementation plans, facilitates interdepartmental collaboration, removes business hurdles, and promotes innovation. Currently, the province’s nearly 12,000 private firms contribute over 57% of GRDP and provide hundreds of thousands of local jobs.From Resolution to realityQuang Ninh aims to have 12-15 enterprises per 1,000 people by 2030, with the private sector contributing 40-45% of GRDP; by 2045, it envisions private businesses as the main production force, accounting for over 50% of GRDP and deeply integrated into global supply chains.The story of Dat Viet Pottery Joint Stock Company Group in Binh Khe Ward is a prime example of private enterprise resilience fueled by sound Party and State policies. Established during a turbulent global economic period, Dat Viet Pottery weathered multiple challenges: high bank interest rates, fierce competition, consumption crises, the COVID-19 pandemic, and soaring coal prices. In response, the company invested in technological innovation, launched technical innovation campaigns, and established an in-house R&amp;D center funded by internal resources.After more than a decade of relentless effort, Dat Viet Pottery now holds 11 exclusive patents, boasts numerous domestic and international awards, exports clay-brick products to 56 countries and territories, and has been recognized as the industry’s first “green factory - green product - circular production” model. It received the prestigious Ho Chi Minh Award for Science and Technology in 2021 and earned top AI rankings-first in Asia and second or third globally for clay brick products.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/08/25/img3124-18151739.jpeg" alt="The brick and tile products of Dat Viet Pottery Joint Stock Company Group are now present in 56 countries and territories. Photo: Thu Anh"></figure>The brick and tile products of Dat Viet Pottery Joint Stock Company Group are now present in 56 countries and territories. Photo: Thu AnhNguyen Quang Mau, Labor Hero and Chairman of the Group, shared emotionally: “Resolution 68 is like a breath of fresh air, fueling our aspirations and ambitions. Today, Dat Viet Pottery embraces AI, leads in digital transformation, and confidently steps onto the global stage”.Quang Ninh continues to lead in institutional reforms, improving the investment climate, and fostering partnerships among private firms, FDI enterprises, and state-owned companies. The province is pushing digital transformation, green and circular economic development, human resource upskilling, and innovative governance models.From a border province, Quang Ninh has risen as a growth engine of the North, powered by progressive political thinking and an entrepreneurial spirit. Resolution 68 is expected to serve as a “guiding torch,” opening a new chapter for the robust and sustainable rise of the private sector-not only in Quang Ninh but nationwide.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/08/25/img3123-18151816.jpeg" alt="Business partners from Sri Lanka visited the Dat Viet Pottery Joint Stock Company Group in Binh Khe Ward, Quang Ninh Province. Photo: Thu Anh"></figure>Business partners from Sri Lanka visited the Dat Viet Pottery Joint Stock Company Group in Binh Khe Ward, Quang Ninh Province. Photo: Thu Anh<blockquote>The Politburo has issued Resolution 68-NQ/TW on private sector development, setting specific targets for 2030 with a vision toward 2045. By 2030, the goal is to have two million active enterprises-equivalent to 20 businesses per 1,000 people-contributing about 55-58% of GDP and 35-40% of total state budget revenue, generating employment for 84-85% of the workforce, and achieving average annual labor productivity growth of 8.5-9.5%. The resolution also aims to have at least 20 major private enterprises integrated into global value chains.</blockquote>Article and Photos: Thu Anh - Translation: Le An

Quang Ninh is driving bold reforms to boost the private sector, with Resolution 68 providing a major policy breakthrough.

Quang Ninh pushes bold reforms, empowers private sector with Resolution 68

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2025/8/21/paraguay-17557439443271810747233.jpg" alt="President of Paraguay expects to pay official visit to Viet Nam this year - Ảnh 1."></figure>Vietnamese Ambassador to Paraguay Ngo Minh Nguyet (L) presents her credentials to President of Paraguay Santiago Peña Palacios, Asuncion, August 20, 2025 - Photo: VNAVietnamese Ambassador to Paraguay Ngo Minh Nguyet presented her credentials to the President in Asuncion, on August 20.The Paraguayan leader expressed his admiration for Viet Nam's dynamic development as well as its socio-economic achievements.Despite the geographical distance, Paraguay and Viet Nam share many similarities in culture, history, and struggle for national independence, said President Palacios, adding that the potential for cooperation between the two countries remains very significant.He highly valued the outcome of Paraguayan Minister of Industry and Commerce Javier Giménez García de Zúñiga's visit to Viet Nam in 2024, which opened up many opportunities for bilateral economic and trade cooperation.Viet Nam and Paraguay established diplomatic relations on May 30, 1995. Paraguay is among Viet Nam's 10 largest trading partners in Latin America and one of the markets with the fastest-growing trade turnover with Viet Nam.In 2023, bilateral trade reached more than US$280 million, an increase of 22.2 percent compared to the previous year./.

President of Paraguay Santiago Peña Palacios expressed his wish to pay an official visit to Viet Nam soon, especially on the occasion of the 30th anniversary of the establishment of diplomatic relations (1995–2025).

President of Paraguay expects to pay official visit to Viet Nam this year

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2025/8/20/btnguc-1755678946602470889197.jpg" alt="Australia expects to be steadfast, reliable, consistent partner of Viet Nam: Foreign Minister Penny Wong- Ảnh 1."></figure>Australian Foreign Minister Penny Wong - Photo: VGPDuring her interview with the press in Ha Noi on August 20, Wong held that Australia has given high priority to engaging more deeply with the Southeast Asian nations, including Viet Nam."We hope to be a steadfast, reliable, and consistent partner of Viet Nam," she stated.Penny Wong noted that the two countries have completed more than 90 percent of the targets set under the Comprehensive Strategic Partnership, a clear demonstration of the importance and effectiveness of the bilateral cooperation.Australia is currently among Viet Nam's top 10 trading partners. Bilateral trade has doubled since 2006.Wong noted that Southeast Asia is projected to become the world's fourth-largest economy by 2040, with Viet Nam playing a key role in that process."Viet Nam is a dynamic economy in a really dynamic economic region and what Australia wants to be is a partner in that development which benefits both countries and all countries," Penny Wong stressed.Australia has developed a Southeast Asia Economic Strategy to 2040 aimed at strengthening its economic engagement with the region, including Viet Nam.One concrete example of economic cooperation is a US$350 million credit deal involving Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) and partners from several countries, including Australia.The diplomat hails Viet Nam's role in the region, particularly within ASEAN, emphasizing the nation's consistent respect for national sovereignty and adherence to international law. She also congratulated Viet Nam on its 80th anniversary of National Day and the 30th anniversary of ASEAN membership.Regarding people-to-people exchanges and cooperation in education, Wong highlighted that there are currently about 37,000 Vietnamese students in Australia and 17,000 Vietnamese students enrolled in Australian degree programs in Viet Nam.She affirmed that education and the Vietnamese community in Australia serve as an important bridge, fostering strong ties between the two countries.In addition to boosting cooperation in investment, trade, and education, Australia reaffirms its readiness to work alongside Viet Nam in emerging areas such as the digital economy, green economy, and sustainable development.The Foreign Minister also shared that during this visit to Viet Nam, Australia announced an additional AUD 50 million support package for Mekong countries to strengthen climate resilience and water security, along with 30 Australia Awards scholarships for the region.Accordingly, the two sides will continue expanding cooperation in various fields, including science and technology, climate change response, and sustainable development.Penny Wong said that Australia wishes to be a reliable partner, accompanying Viet Nam on its path toward becoming a high-income country by 2045./.

Australian Foreign Minister Penny Wong emphasized that Viet Nam is an important partner for Australia in Southeast Asia.

Australia expects to be steadfast, reliable, consistent partner of Viet Nam: Foreign Minister Penny Wong

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2025/8/20/tiec-chieu-dai-quoc-vuong-bhutan-1-17556605618521076110880.jpg" alt="Vietnamese State President hosts banquet for Bhutanese King- Ảnh 1."></figure>The banquet for Bhutanese King and Qeen - Photo: VNAState President Luong highlighted the King's historic visit to Viet Nam, which would open up a new chapter in the friendship and cooperation between the two countries.He was convinced that the visit will inject fresh momentum for substantial, effective, and mutually beneficial cooperation, contributing to the happiness of the people, the prosperity of the two nations, and to peace, stability, and development in the region and the wider world.The State President commended Bhutan for its remarkable achievements in national development, highlighting that the country is among the very few in the world to have achieved negative carbon emissions, with forests covering more than 70 percent of its territory.He described Bhutan as an inspiring model of sustainable and harmonious growth, where humility, community values, and balance between humanity and nature are held in high regard.He further noted that his talks with the Bhutanese King had taken place in a sincere, profound, and constructive atmosphere, during which the two leaders discussed ways to promote effective cooperation across multiple areas—particularly the economy, trade, investment, culture, tourism, connectivity, people-to-people exchanges, and issues of shared concern.In reply, King Jigme Khesar Namgyel Wangchuck expressed deep gratitude for the warm and respectful welcome extended by the Party, State, and people of Viet Nam.He praised Viet Nam's spirit of resilience, solidarity, and courage, as well as its commitment to preserving its cultural heritage and pursuing a steadfast vision for the future. The King noted that, even after 80 years, the sacrifices of past generations are honored in the extraordinary achievements the Vietnamese people continue to build.The Bhutanese King also paid tribute to President Ho Chi Minh, recalling his visit to the Mausoleum during the nation's 80th founding anniversary celebrations.Bhutan said the King has always shared the same spirit with Vietnamese friends, stressing his belief that historical heritage serves as a compass guiding both peoples toward a better future.The King also said that as Bhutan is also known as the "Land of the Thunder Dragon", while Viet Nam is often known as the "Land of the Flying Dragon - Thang Long", he hoped that the dragons of the two countries will fly high together, being strong, confident, and eternal./.

State President Luong Cuong and his spouse hosted a solemn banquet to welcome Bhutanese King Jigme Khesar Namgyel Wangchuck and Queen Jetsun Pema in Ha Noi on Tuesday evening.

Vietnamese State President hosts banquet for Bhutanese King

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2025/8/15/ok20250814182304-17552249761141686732039.jpg" alt="Viet Nam resolved to leave no one behind- Ảnh 1."></figure>Spokeswoman of the Ministry of Foreign Affairs (MOFA) Pham Thu HangThe Spokeswoman made the above statement at the ministry's regular press briefing on August 14, in response to reporters' question on Viet Nam's reaction to the U.S. Department of State's annual Human Rights Reports released on August 12.Basic human rights and freedoms are enshrined in the Constitution, protected and promoted through specific legal instruments, and implemented in reality, she added."We regret that the U.S. Department of State's annual Human Rights Reports does not reflect Viet Nam's achievements and progress in safeguarding human rights. The report also continues to present unobjective assessments based on inaccurate and unverified information about the actual situation in Viet Nam," the spokeswoman stated.Pham added that Viet Nam always stands ready to engage in frank and constructive discussions with the U.S. on remaining differences to enhance mutual understanding, contributing positively to the development of the Viet Nam – U.S. comprehensive strategic partnership for peace, cooperation, and sustainable development./.

The Party and State of Viet Nam always strive to improve citizens’ living standards and entitlements, ensuring that no one is left behind, said Spokeswoman of the Ministry of Foreign Affairs (MOFA) Pham Thu Hang.

Viet Nam resolved to leave no one behind

On the morning of August 14 in Hanoi, Vietnam Ministry of Industry and Trade and ADB signed the Memorandum of Understanding (MOU) on cooperation in the energy and power sector.&nbsp;Attending the ceremony were Deputy Minister of Industry and Trade Nguyen Hoang Long, ADB Country Director for Vietnam Shantanu Chakraborty, Director General of the Electricity Regulatory Authority of Vietnam Pham Nguyen Hung, along with leaders of functional units and representatives of international partners.&nbsp;This marks an important starting point for a new phase of cooperation between Vietnam and ADB, toward concrete goals in developing green, clean, and sustainable energy.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/08/14/z69052657124479d8c133cc5a5f8322be4bf7981e87d28-10154800-17423085.jpg" alt="Leaders of the Ministry of Industry and Trade and the Asian Development Bank (ADB) pose for a commemorative photo with delegates attending the signing ceremony"></figure>Leaders of the Ministry of Industry and Trade and the Asian Development Bank (ADB) pose for a commemorative photo with delegates attending the signing ceremonyFostering strategic cooperation and turning commitments into realitySpeaking at the event, Deputy Minister Nguyen Hoang Long affirmed that energy plays a pivotal role in the national development strategy. The Party, National Assembly, and Government of Vietnam have clearly set the goal of building a strong, prosperous, and enduring nation in the new era of development. In that journey, energy, particularly electricity, remains a key driver of industrialization, modernization, and socio-economic growth.On July 10, 2024, the two sides engaged in open and candid discussions on potential cooperation directions in energy and power. After a period of close coordination, the signing of today’s MOU is the concrete step to realize the ideas agreed upon earlier.According to the Deputy Minister, MoIT has been proactively advising on and developing legal and policy frameworks to foster the growth of the national energy sector, aiming to firmly ensure energy security while achieving a successful just energy transition.&nbsp;These efforts include amending the Law on Electricity, the Law on Efficient and Economical Energy Use; issuing and implementing the revised National Power Development Plan (PDP8), along with other relevant legal documents.In addition, MOIT has always valued strengthening cooperation with international partners in scientific research, power technology development, technology transfer, and mobilization of financial resources. ADB has been a key partner, accompanying Vietnam in rural electrification programs, grid development, and investments in renewable energy, clean energy, and sustainable development projects."Within this cooperation framework, MOIT expects to continue receiving effective technical support from ADB in the near future, focusing on areas such as fuel conversion at thermal power plants; cross-border grid interconnection and electricity trade; development of battery energy storage systems (BESS), along with other initiatives to help Vietnam successfully achieve its energy transition and meet its 2050 carbon neutrality target, as committed at COP26 and in the Political Declaration on the Just Energy Transition Partnership (JETP)”, Deputy Minister Long emphasized.The Deputy Minister also expressed confidence that with ADB’s support, the cooperation will deliver practical results and valuable research products, effectively applied in practice, contributing to the building of a green, clean, and sustainable energy sector for Vietnam.Three cooperation priorities and ADB’s support commitmentsSpeaking at the signing ceremony, Director General of the Electricity Regulatory Authority of Vietnam Pham Nguyen Hung said that since the two sides agreed to discuss building a cooperation program in July 2024, chaired by Deputy Minister Nguyen Hoang Long, the Electricity Regulatory Authority and ADB’s representatives in Vietnam have worked tirelessly, holding numerous consultations, drafting, and thoroughly reviewing legal procedures to officially sign the MOU on energy and power cooperation.“This MOU is not only a cooperation framework but also a symbol of the trust and shared aspiration of both sides to jointly shape a green, clean, and sustainable energy future”, Pham Nguyen Hung said.According to Pham Nguyen Hung, the MOU focuses on three main priorities for the next five years. The first is to study and propose a roadmap for applying co-firing biomass, green ammonia, and green hydrogen technologies at coal-fired and gas-fired power plants, contributing to reducing greenhouse gas emissions and enhancing sustainability.&nbsp;The second is to develop regional grid interconnections, establish cross-border power transmission lines, promote cross-border electricity trade, and support the development of a strong and flexible power grid. The third is to expand the scale and improve the legal framework for battery energy storage systems (BESS), enhancing grid stability and adaptability as the share of renewable energy increases.Pham Nguyen Hung stressed that the cooperation will go beyond research and technical assistance to include knowledge sharing, capacity building, and raising public awareness of energy transition. These steps align with PDP8 and contribute to Vietnam’s international commitments, including the 2050 carbon neutrality target.On ADB’s side, Country Director Shantanu Chakraborty affirmed that Vietnam is an important partner in the bank’s energy support strategy. Since 1994, ADB has provided more than USD 2.6 billion in sovereign loans, USD 1.4 billion in non-sovereign loans, USD 35 million in technical assistance, and USD 3 million in grants. In 2021, under the JETP framework, ADB further committed USD 2.1 billion to support Vietnam.<blockquote>According to Chakraborty, the MOU paves the way for a technical assistance program worth up to USD 1.4 million, including feasibility studies on fuel conversion, enhancing ASEAN grid connectivity, and developing energy storage systems. ADB will also roll out a knowledge-sharing platform, workforce training, and explore innovative financial solutions to mobilize resources from the government, state-owned enterprises, and the private sector. “This is not just a symbolic gesture but a concrete action plan to help Vietnam achieve its sustainable energy goals”, Chakraborty emphasized.</blockquote>Le An

The Ministry of Industry and Trade and the Asian Development Bank have signed an MOU to boost cooperation in energy and power.

MoIT and ADB partner to advance green energy

At IOT, we dive in, think big, and work together to bring give you the best solution to your brand. As a team, we’re unstoppable. As individuals, we are inventive, passionate, and committed. As IOT, we thrive in our approach and attitude towards innovation and demand for creative distinction that offers our clients unique below the line results. Our clients keep winning because our people keep raising the bar–day in and day out. We have the right blend of creative courage, strategic thinking, and a relentless commitment to tangibly strengthening our clients’ brands at every interaction.In the fast-paced, high-tech world of nowadays marketing and communications, it is essential to be relevant to changing communication needs and to consistently deliver progressive thinking that can become central to the brand DNA.It is the IOT vision to be Vietnam’s leading marketing and communications agency, establishing a reputation for innovative communication solutions that alter people’s perceptions, transforms behavior and builds lasting relationships with brands.As an aggressive and agile firm, here at IOT, we believe in the fundamentals of communication strategies and have developed a reputation for effective, on-target marketing.Working with many great clients, IOT is known for building and positioning brands along with maximizing the exposure and results for their clients. <a href="https://api.iotcommunication.com.vn/document/IOT%20DA%20FIX_20250310040031.pdf">Corporate capability statement</a>

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<figure class="image"><img src="https://api.iotcommunication.com.vn/images/Screenshot_2(1)_20240905022238.png"></figure>It all starts with communication and we create your message with impact. How a brand interacts and connects with its audience — whether through its website, email and print communications, social media or at an event — directly impacts the brand’s strengths. A powerful, consistent communication and content strategy is paramount to a successful brand strategy, ensuring audiences not only receive important messaging but connect with and act on it. IOT’s communications specialists with years of expertise in marketing, writing and brand strategy will help you with it.

It all starts with communication and we create your message with impact. How a brand interacts and connects with its audience — whether through its website, email and print communications, social media or at an event — directly impacts the brand’s strengths. A powerful, consistent communication and content strategy is paramount to a successful brand strategy, ensuring audiences not only receive important messaging but connect with and act on it. IOT’s communications specialists with years of expertise in marketing, writing and brand strategy will help you with it.

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&nbsp;<a href="">1.&nbsp;Communication strategy&nbsp;</a><figure class="image"><img src="https://api.iotcommunication.com.vn/images/Screenshot_2(1)_20240905021602.png"></figure><a href="">2.&nbsp;Digital marketing</a><figure class="image"><img src="https://api.iotcommunication.com.vn/images/xdigital-marketing_png_pagespeed_ic_-AETQMr2ES_20240905021646.png"></figure>3. Event Production<figure class="image"><img src="https://api.iotcommunication.com.vn/images/Event-PNG-Photo_20240905021901.png"></figure>4. Creative services<figure class="image"><img src="https://api.iotcommunication.com.vn/images/1934823-1000x1000_20240905022033.jpg"></figure>

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<figure class="image"><img src="https://api.iotcommunication.com.vn/images/xdigital-marketing_png_pagespeed_ic_-AETQMr2ES_20240905022314.png"></figure>Digital integration activations maximize the effect of brand experiences and are an integral part of our approach. IOT recognizes the impact that digital, social, interactive and mobile executions have on brand experiences — and how important it is to integrate them from a program’s inception. By embracing strategic, multi-functional digital integrations, brands can generate more data about your target audience — with greater precision — than ever before. Consumer engagement with social media, onsite digital activations, mobile platforms and more offers data to better target and win over customers you might not reach otherwise.

Digital integration activations maximize the effect of brand experiences and are an integral part of our approach. IOT recognizes the impact that digital, social, interactive and mobile executions have on brand experiences — and how important it is to integrate them from a program’s inception. By embracing strategic, multi-functional digital integrations, brands can generate more data about your target audience — with greater precision — than ever before. Consumer engagement with social media, onsite digital activations, mobile platforms and more offers data to better target and win over customers you might not reach otherwise.

Digital marketing

<figure class="image"><img src="https://api.iotcommunication.com.vn/images/Event-PNG-Photo_20240905022349.png"></figure>Brand experiences come to life during event production. Every carefully planned detail — from the creative activations to the run of show to the food and beverage — is put into effect. A live event is an organic production with many moving parts and requires a focused, organized effort to execute. With the right production team in the right roles, events are accomplished without a hitch.At IOT, we realize big ideas. We translate strategic plans into compelling events. And we understand all the work and coordination that goes into making them a success. As event production experts with decades of combined experience, we do more than execute. We think deeply, we plan down to the last detail, and then we put ourselves in the thick of the action and produce.

Brand experiences come to life during event production. Every carefully planned detail — from the creative activations to the run of show to the food and beverage — is put into effect. A live event is an organic production with many moving parts and requires a focused, organized effort to execute. With the right production team in the right roles, events are accomplished without a hitch.At IOT, we realize big ideas. We translate strategic plans into compelling events. And we understand all the work and coordination that goes into making them a success. As event production experts with decades of combined experience, we do more than execute. We think deeply, we plan down to the last detail, and then we put ourselves in the thick of the action and produce.

Event Production

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<figure class="image"><img src="https://api.iotcommunication.com.vn/images/1934823-1000x1000_20240905022416.jpg"></figure>Well-crafted and creative is essential to a campaign’s success. But you want to dazzle along the way, too. Our Creative leads engage in the earliest stages of strategic discussions, and love nothing more than creating beautiful, multisensory work that demands attention and engagement for your brand. And our design chops are complemented by experienced project managers, whose job it is to keep your creative projects on track.

Well-crafted and creative is essential to a campaign’s success. But you want to dazzle along the way, too. Our Creative leads engage in the earliest stages of strategic discussions, and love nothing more than creating beautiful, multisensory work that demands attention and engagement for your brand. And our design chops are complemented by experienced project managers, whose job it is to keep your creative projects on track.