Prime Minister Pham Minh Chinh, on 1 November, chaired a working session on creating a legal and policy framework to promote the launch of a national data exchange platform this November. The platform is expected to help form a high-value data market, boost economic growth and competitiveness, foster innovation and AI, attract investment, and strengthen data security and sovereignty.
Vietnam ended 2025 with record trade turnover despite global pressures, signalling a shift from scale-driven growth to higher value-added production. India has emerged as a fast-growing market for Vietnamese exports, as businesses move beyond selling abroad to competing in global value chains.
In 2025, state budget revenue in Vietnam's two largest cities reached record highs, underlining the leading economic role of Ho Chi Minh City and Hanoi.
China has identified boosting domestic consumption as a key economic task for 2026. Preliminary estimates show that household consumption in 2025 accounted for around 40% of China's GDP.
A rebound in manufacturing has helped Singapore post stronger-than-expected growth. Singapore's GDP grew 5.7% year on year in the fourth quarter of 2025, the strongest expansion since 2021
Vietnam's digital technology industry strengthened its position as a key growth engine in 2025, with revenue reaching an estimated 198 billion US dollars, up 26% from last year and 16% above target, according to the Ministry of Science and Technology. Its GDP contribution was nearly 40.9 billion US dollars, a 10% increase from 2024.
Several central provinces recently hit by natural disasters have found ways to revive tourism and welcome visitors during the holiday period. The story in Khanh Hoa Province tells more.