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.
The Ministry of Finance estimated that the policy would reduce budget revenue by approximately VND6,700 billion (more than $260 million) over two years.
A draft amending and supplementing a number of articles in eight laws, including the Law on Public Investment, the Law on Investment in the Model of Public-Private Partnership, the Law on Investment, the Law on Bidding, and the Law on Electricity, among others, is expected to be submitted to the National Assembly (NA) in its December extra-ordinary session.
The issuance of corporate bonds, especially unsecured bonds, by certain enterprises and organizations has increased and holds potential consequences for Vietnam’s economy. The Office of the Government has therefore issued an Official Dispatch on strengthening the management, inspection, and examination of corporate bond issuances.
Vietnam committed to continuing to support and promote the implementation of the East Asian Seas Sustainable Development Strategy at the 7th EAS Ministerial Forum, held within the framework of the East Asian Seas Congress (EASC).
Over 125 million doses of Covid-19 vaccine had been injected into people aged 12 and older as of December 1. Among Vietnam’s population aged 18 years and older, 94 per cent had received one dose and 68 per cent two doses. The country has contracts for the supply of a total of 200 million doses. The remainder will arrive by the end of the year. Deputy Minister of Health Tran Van Thuan said this will be enough to administer booster shots.
Growth in the Index of Industrial Production (IIP) was lower year-on-year in the first eleven months of 2021, mainly due to Covid-19. Annual growth will probably be around just 4-5 per cent, or half the targeted 8-9 per cent.
Argentina has donated 500,000 doses of AstraZeneca vaccine worth over $2 million to Vietnam. Ambassador of Argentina to Vietnam, H.E. Luis Pablo María Beltramino, said this is the first time the Argentinian Government has donated Covid-19 vaccines to another country.