Business

With government incentive policies arriving in November 2026, Vietnam is targeting high-quality data center FDI. Leveraging its early-stage market status, the country is uniquely positioned to deploy purpose-built AI and high-performance computing infrastructure from the start.

Retail sales of consumer goods continued to serve as the primary pillar, generating over $171.7 billion in the first nine months—accounting for 75.3% of the total revenue and climbing 12.8% year-on-year.

While the private sector makes a significant and growing contribution to State budget revenue, there remain many issues in need of attention.

Vietnam’s demand for high-quality human resources over the coming years is set to outpace market supply. Rapid digital economy expansion, global talent mobility, and growing executive-level requirements are intensifying competition for skilled professionals.

Leading the pack were Quang Ninh (15.04%), Thai Nguyen (13.96%), Bac Ninh (13.83%), and Hai Phong (13.09%).

The Provincial Innovation Index (PII) provides data and evidence to help local authorities design and implement measures to improve the effectiveness of innovation activities and strengthen their innovation ecosystems.