VET Exclusive

As Vietnam looks to modernize its growth model, policymakers are betting that International Financial Centers in Ho Chi Minh City and Da Nang can help channel the capital needed to power the country’s next stage of economic development.

As his diplomatic mission in Vietnam draws to a close, Mr. Timur Sadykov, Consul General of the Russian Federation in Ho Chi Minh City, shares his thoughts on the southern city’s remarkable transformation over the past five years with Vietnam Economic Times / VnEconomy’s Nhu Quynh and highlights new opportunities to further expand bilateral cooperation.

Foreign investment into Vietnam surged in the first half of 2026, driven by manufacturing, high-tech industries, and record FDI disbursement as investors reinforced their confidence in the country’s long-term growth prospects.

H.E. Ito Naoki, Ambassador of Japan to Vietnam, shared with Vietnam Economic Times/ VnEconomy about the strength of Vietnam-Japan relations and outlined the priorities shaping bilateral cooperation in the new era.

Solid export performance and record imports of production machinery and materials underscore Vietnam’s expanding role in global supply chains despite again posting a trade deficit.

Industrial production accelerated to a six-year high in the first half of 2026, supported by strong manufacturing growth, rising investment, and improving business conditions.