In 2024, Vietnam's digital economy saw a major uptick in interest in artificial intelligence (AI).

In 2025, the geopolitical and economic landscape is expected to remain complex, affecting production, investment and trade activities.

A large number of European companies foresee an improvement in the macroeconomic outlook for Vietnam in the first quarter of 2025.

According to the General Statistics Office, the industrial production index in July grew by 11.3% over the same period last year.

The Vietnam National Oil and Gas Group (PetroVietnam) and Murphy Oil Corporation have signed a memorandum of understanding (MoU) in Washington D.C to boost cooperation in oil and gas projects.

A ceremony has highlighted the tourism sector’s remarkable contributions to national development since the industry was established in Vietnam 55 years ago (July 9, 1960).

346 international companies from 20 nations and territories participated the 2015 Vietnam Metrology, Tools & Automation (MTA) Show, the largest on manufacturing solutions in the country, held in HCM City from July 7-10.

According to Vu Hong Khanh, Permanet Deputy Chairman of Hanoi People`s Committee, in the first 6 months of the year, the municipal economic growth reached the highest rate in the past four years.

The Ministry of Industry and Trade announced the upcoming debut of a campaign to promote Vietnamese products nationwide on July 3.

To fulfil industrial production targets in the last six months of the year, the Ministry of Industry and Trade will increase the application of science-technology, Minister Vu Huy Hoang said at a video-conference held on July 1.

Vietnam Fatherland Front President Nguyen Thien Nhan overviewed his country’s economic development potential to an audience of German politicians, businesspersons and bankers on June 29 as part of his working visit to the European nation.

According to the organisers announced on June 11, three exhibitions related to the support industry, will be organised at the Saigon Exhibition and Convention Centre in HCM City from October 8-10.

Local retail electricity price will be adjusted under a market mechanism by 2016, said Minister of Industry and Trade Vu Huy Hoang.

Clothing and apparel is expected to remain the country`s top export item in the foreseeable future, contributing almost 20 percent of the projected growth in total merchandise exports in the decade to 2030, according to an HSBC report.

The European Chamber of Commerce in Vietnam (EuroCham), its Green Growth Sector Committee (EuroCham GGSC) and the International Institute for Sustainable Development (IISD) announced the results of their study to determine the position of foreign direct investors toward energy pricing and supply policy in Vietnam on June 5.

According to report of the Ministry of Industry and Trade’s, in May, growth of textile and garment industry was remained over the same period in 2014.

Prime Minister Nguyen Tan Dung on June 2 visited Sonatrach, the Algeria state-owned oil and gas company, and attended a ceremony to inaugurate the installation of the gathering system for Bir Seba oil field development project.

A young well-educated workforce, competitive labor cost and the strategic location of Vietnam being near global supply chains make the nation very competitive in the region, said John Chong, chief executive officer of Maybank Kim Eng Group.

Mobile broadband subscribers in Vietnam are expected to reach 90 million by 2020, given the increasing affordability of smartphones.

According to the General Statistics Office (GSO), Vietnam`s index of industrial production (IIP) in the five months of this year increased by 9.2% compared to the same period of last year.

President Truong Tan Sang asked the Vietnam National Oil and Gas Group (PetroVietnam) to expand its surveys, investment, and production in other countries during his meeting with 56 outstanding employees of the firm in Hanoi on May 18.

The Vietnam`s TMT Motor Corporation will become the distributor of TATA Motors Limited—the largest manufacturer in the Indian automobile industry, as stipulated in an agreement on car distribution and supply and technology transfer signed in Hanoi on May 11.

The Electricity Regulatory Authority of Vietnam ( ERAV ) and the US Bureau of Energy Resources ( ENR ) signed a Memorandum of Understanding (MoU) on providing technical support to develop the competitive electricity market in Vietnam on May 7 in Hanoi.