Vietnam’s Prime Minister Pham Minh Chinh has outlined an ambitious plan to position Vietnam as Southeast Asia’s leading economic hub by 2030. Speaking at a roundtable with European corporations, he highlighted the country’s strong economic growth, with GDP reaching $476.3 billion in 2024 (a 7.09% increase) and GDP per capita rising to $4,700. The government...
Vietnam’s Prime Minister, Pham Minh Chinh, has set an ambitious vision for the country to become a major economic, trade, and investment hub in Southeast Asia by 2030. Speaking at a dialogue with European businesses, he outlined Vietnam’s potential for growth, highlighting its large population, strategic geographical location, and strong economic foundation. The Prime Minister...
Vietnamese Prime Minister Pham Minh Chinh recently called on Japanese businesses to consider Vietnam a strategic investment destination. Speaking at a dialogue in Hanoi, he emphasized the strong 52-year Vietnam-Japan relationship, which has been elevated to a comprehensive strategic partnership. He highlighted Vietnam’s commitment to fostering an open, transparent, and favorable investment environment for foreign...
On February 28, 2025, Vietnamese Prime Minister Pham Minh Chinh met with representatives from several major Chinese companies, including Goertek, Huawei, BYD, and ZTE. The Prime Minister encouraged these corporations to consider Vietnam as a strategic hub for production and business activities. This invitation was part of Vietnam’s broader effort to attract foreign investments and...
Vietnam’s foreign direct investment (FDI) saw a significant increase of 38.6% in the first two months of 2024, reaching a total of $4.29 billion. This growth is attributed to several large-scale projects, with prominent examples being the Trina Solar Cell and Gokin Solar projects. These major investments helped boost the overall FDI inflows into the...
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