These priorities are to ensure exports continue to drive economic growth and meet the targets of achieving a GDP growth rate of approximately 6.5-7.0%.
The government recently issued a decree providing financial support up to 50% of initial investment costs for enterprises undertaking research and development projects in the semiconductor and artificial intelligence industries.
From 2021 to 2024, Vietnam's trade deficit has narrowed significantly due to higher export growth compared to import growth, particularly in 2023 and 2024.