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.

Liquefied natural gas (LNG) has a greater role in feeding Vietnam`s growing demand for electricity amid its efforts to reduce coal power.

Should the purchasing managers’ index (PMI) remain around the current level for the rest of the quarter, PMI-based estimates suggest that manufacturing output will be set for further double-digit year-on-year growth in the third quarter of 2019, said an expert.

The domestic steel industry in the first half of the year produced a total of 12.6 million tons of steel, sold 11.6 million tons, of which 2.5 million tons were exported, increasing by 7.7%, 9.8% and 6.3% year-on-year, respectively.

For the seven-month period, the mining industry growth declined by 28.6% year-on-year while manufacturing and processing was up 7.4%, production and distribution of electricity up 8.1%, and water supply, sewage treatment and water collection up 7.3%.

As of June, Vietnam’s shipping fleet has 1,568 ships with cargo-carrying capacity of 7.8 million DWT, while the average fleet age is 15.6, 5.2 years younger than the global average of 20.8.

Vietnam defends its oil and gas operations as energy is one of three pillars in Vietnam`s economy.

Vietnam is aware of environment impacts from coal power but it struggles to ensure energy security.

Authorities said importing power is a temporary solution only.

All related agencies are required to facilitate the power generation to accommodate the economic growth.

The booming of solar farms has left the national power grid overloaded.

Vietnam is the country with the highest level of patience in staring at mobile ads with 19 seconds compares to the average time of 8-9 seconds in other countries.

Private sector and commercial financing are among recommendations which the World Bank has made.

Vietnam’s auto market is scheduled to fully open to foreign car companies by 2030, including those from ASEAN, Japan, Mexico and the EU.

The development of manufacturing, customer goods, food processing, and export over the past years has driven up carton packaging industry.

The saturated aviation market has brought about the race to the bottom price war, driving the profitability of the core business of some domestic carriers down to nearly zero.

Scatec covers all stages of a project regardless of financing, developing, operating, and maintaining it during the facility’s lifetime of around 20-25 years.

During what has been a bumpy 2019, Vietnam has managed to weather through risks to growth relatively well.

Petrolimex ties up with two Japan firms to help Vietnam increase ratio of gas-fueled power and reduce coal energy.

Developing renewable energy will enable Vietnam to make a meaningful contribution to lowering carbon emissions.

The second quarter of the year saw solid growth that was broadly stable across the period and an improvement on the first quarter.