Vietnam Today
Vietnam’s stock market capitalization reaches $386 billion
The value is equivalent to 79.1% of estimated 2025 GDP.
Vietnam Today
Vietnam’s GDP to surpass Indonesia this year: IMF
Vietnam’s nominal per capita gross domestic product (GDP) is forecasted to reach $5,259 this year, allowing the country to overtake Indonesia and climb to fifth place in ASEAN, according to the International Monetary Fund’s (IMF) October 2026 World Economic Outlook report.
Vietnam Today
Enterprises and business households to receive 30% income tax reduction
The Ministry of Finance estimated that the policy would reduce budget revenue by approximately VND6,700 billion (more than $260 million) over two years.
Cooperation between Vietnam & EU needs push
According to a seminar discussing measures to further foster cooperation between several Vietnamese localities and the European Union (EU), held by the Ministry of Foreign Affairs on December 12, Vietnam has the potential to cooperate with the EU in many fields, including exporting and attracting investment in agricultural products, climate change adaptation, and renewable energy development. Cooperation to date, however, has fallen short of potential and needs to be promoted further.
Agro-forestry-fishery exports hit record
Agriculture, forestry, and fishery exports will reach a record $43.48 billion in the first eleven months and $47 billion for the year as a whole. While global supply chains have been disrupted by Covid-19, the record export figures are partly due to Vietnam’s focus on investment in processing and active trade promotions.
Government approves restoration of international flight
Permanent Deputy Prime Minister Pham Binh Minh has approved a pilot plan to restore regular international flights from January 1 to and from destinations with a high Covid safety index. The move will also promote Vietnam’s economic recovery and tourism sector and not let the country fall behind others in the region.
Work to do in restructuring industry and trade
Though remarkable results have been posted, the restructuring of the industry and trade sector remains limited, the growth model is changing only slowly, and the tasks in restructuring are still uncertain. Vietnam is working towards being among the world’s 15 largest exporting countries by 2030, with the industry and trade sector to make the biggest direct contribution to GDP, representing 55-60 per cent.
$2.43bln spent on pandemic prevention and assistance
As of the end of November, the central government had spent VND25.35 trillion ($1.09 billion) and localities VND30.92 trillion ($1.34 billion) on Covid-19 prevention and control efforts and support for people in difficulty because of the pandemic.
NA Standing Committee discusses East North-South Expressway
The Standing Committee of the National Assembly gave opinions on investment in the East North-South Expressway project on December 10. This is the most essential project in the country, connecting Hanoi and Ho Chi Minh City and passing through 32 cities and provinces. It will affect 62.1 per cent of the population, 65.7 per cent of GDP, 74 per cent of seaports, and 75 per cent of economic zones, while connecting four key economic regions and 16 of 23 airports with 91 per cent of passenger traffic.