Vietnam Today

Vietnam's economy is on track for stronger growth this year, say HSBC analysts, but a sustained recovery depends on a rebound in domestic services sectors currently lagging behind the country's exports.

A recent surge in ransomware attacks has exposed vulnerabilities in Vietnam's digital infrastructure, prompting a high-level decree demanding swift action to protect both government systems and businesses serving the public.

National Assembly Chairman Vuong Dinh Hue's meeting with China's General Secretary and President Xi Jinping highlights efforts by both countries to strengthen their complex relationship by focusing on economic ties and downplaying potential areas of friction, such as maritime disputes.

Amidst geopolitical shifts and a focus on renewables, Prime Minister Pham Minh Chinh met with the head of Russia's Zarubezhneft to bolster their decades-long oil and gas cooperation and discuss potential wind energy ventures.

As the world grapples with the urgent need to tackle climate change, Vietnam is making significant strides in establishing a domestic carbon trading system that could unlock substantial economic and environmental benefits. With ambitious emissions reduction targets and a growing focus on green development, the country is leveraging carbon markets to drive its low-carbon transition.

Aiming to solidify the 'Comprehensive Strategic Cooperative Partnership' between the nations, the landmark trip seeks to enhance political trust, economic ties, and regional stability.