Topic: 2025

The typhoon's impact is expected to be felt more clearly in the northern regions towards the end of the third quarter and the start of fourth quarter, leading to reduced output and damage to manufacturing, agriculture, and service facilities.

Nearly 15,900 units have been built so far this year.

A target has been set of there being at least 25 State-owned enterprises (SOEs) with equity or capitalization on the stock market in excess of $1 billion, of which ten are to have over $5 billion.

The Minister of Construction has just promulgated a Plan to identify key objectives, tasks and solutions to form an effective structure of the construction industry. Accordingly, by 2025, the national average housing area will reach 27 meter square of floor per person; maintaining the rate of 100 per cent covering the urban general planning; urbanization rate reaches at least 45 per cent.

The Ho Chi Minh City Department of Transport has submitted a scheme to the city People’s Committee on opening more pedestrian malls in the city center. From now to 2025, 22 more vehicle-free streets will be opened in the downtown area to promote tourism, shopping, and services and improve the quality of the environment.

The Chairman of the Hai Phong City People’s Committee has requested the urgent implementation of a project to strengthen land management and build a land database throughout the city, with completion before 2025.

In its annual market classification assessment in June, Morgan Stanley Capital International (MSCI) classified Vietnam’s stock market as continuing to be a marginal market. VnDirect believes the stock market is unlikely to be on the watch list for reclassification as an emerging market in the June 2023 review. It may, however, be added to the watch list for reclassification from marginal to emerging market status in the review in June 2024. It may then secure emerging market status in June 2025.