Business

Total investment capital estimated at VND12.56 trillion ($478 million).

During the second half of May, Vietnam's total import-export turnover reached approximately $51.31 billion, up 5.67% compared to the second half of April 2026.

With trade growth tipped to slow over the next few years, labor-intensive industries like textiles and garments are in need of an updated development model.

Prime Minister Le Minh Hung emphasized these points during a discussion with delegates attending the 14th Vietnam Trade Union Congress on June 5.

As the nation’s most dynamic economic engine, the region accounts for the lion’s share of FDI, hosting nearly 23,000 projects, worth more than $205 billion.

Economic experts believe that for Vietnam to achieve double-digit growth in the coming years and attain high-income status by 2045, promoting the development of science and technology, innovation, and digital transformation is an urgent imperative.