Vietnam
The World Bank moved Vietnam into its upper-middle-income group on July 1, with GNI per capita at $4,970, a climb 40 years in the making. But growth trails Hanoi's 10% target, trade has flipped to deficit, and the middle-income trap that caught Malaysia, Thailand, and Indonesia looms ahead.
Economy
DW spotlighted Vietnam's 7% GDP growth and USD 25 billion in FDI for 2024, while flagging trade-war risks ahead.
Economy
Vietnam caps national debt below 40% of GDP. With Taiwan, they are the lowest-debt economies in Southeast and East Asia.
Vietnam
Phu My 2.2 was Vietnam's first internationally tendered BOT project — $400 million invested, 20 years operated, now successfully transferred. A benchmark for Vietnam's PPP model.
Economy
220 projects in Ho Chi Minh City stalled due to regulations, only 77 resolved. A proposed law change would allow transfers of projects with unpaid fees to restart the market.
Economy
PM Pham Minh Chinh led Vietnam's delegation to Davos 2025. FPT's chairman pitched Vietnam as a global tech partner.
Economy
Vietnam plans to stop publishing oil price benchmarks and give wholesalers more pricing freedom. The reform raises transparency and competition concerns.
Economy
Vietnam's Central Highlands grow top-quality avocados. With a USD 15 billion global market, they could follow coffee onto the world stage.
Vietnam
An offshore field called Hải Sư Vàng holds over 400 million barrels of recoverable oil — the third-largest Southeast Asian discovery this century. It arrives just as Vietnam's output has been in freefall.
Economy
Vietnam holds the world's second-largest rare earth reserves. Caught between the U.S. and China, Hanoi faces a high-stakes balancing act.
Economy
EVN's new 500kV line will boost Laos electricity imports by 50%, adding 1.7 billion kWh annually to ease Vietnam's power demand.
Economy
Phu My Hung exceeded approved land use by 400 hectares. Its international school also broke building codes.