Investment

Growing the number of firms will scale up the digital ecosystem, while increasing revenue will facilitate market expansion and deeper integration into global value chains.

The report attributes Vietnam’s strong performance to sustained manufacturing growth, export-oriented investment and rising domestic consumption.

The Government leader also called for the rapid implementation of large-scale rental housing projects in the third and fourth quarters of this year.

At the event that took place on June 1, General Secretary of the Communist Party of Vietnam Central Committee and State President To Lam urged the two sides to further promote two-way investment in highly complementary and long-term value-adding sectors, such as modern agriculture, food processing, clean energy, logistics, supporting industries, digital economy, and innovation.

The nature and scope of Vietnam’s development model must be reconsidered to guarantee national progress is sustained amid an ever-changing world.

The two sides targetting two-way trade turnover of $10 billion.