In Phu Quoc Special Zone, An Giang Province, thousands of workers and engineers have been racing to complete key facilities for the Asia-Pacific Economic Cooperation 2027 (APEC 2027). Among them, the APEC Convention Centre project, which covers more than 16 hectares and is set to host the summit's main events, is receiving special attention.
According to projections by the International Monetary Fund, Việt Nam’s economy, measured by Purchasing Power Parity (PPP), could exceed 2 trillion US dollars. This places the country among the largest economies in Southeast Asia. At the same time, S&P Global Ratings projects Việt Nam to remain one of Asia’s fastest-growing economies - through 2028, driven by strong export performance and sustained infrastructure investment.
Construction officially commenced for the Phan Thiết International Airport on 27 April, an aviation project poised to redefine the economic landscape of the South Central coast. This multi-trillion VND investment is being hailed as the primary engine for a tourism and trade breakthrough, linking the South Central region with key domestic hubs and international markets.
Party General Secretary and State President Tô Lâm addressed the matter during a recent meeting with the Municipal Party Committee of Hồ Chí Minh City, where he requested the city to accelerate planning with a renewed mindset and long-term vision.
In 2025, Vietnam’s automotive market grew by 20.3%, according to the Autofacts report by PwC, released in March 2026. With this, Vietnam ranked second-fastest-growing among the ASEAN-6.
Việt Nam has about 6.1 million household businesses as of the end of 2025, according to the Việt Nam Chamber of Commerce and Industry. A recent survey of 1,000 households found that around 70% consider current tax levels too high for their scale. In response, the Ministry of Finance has proposed raising the tax-free revenue threshold, aiming to ease the burden and improve fairness.
The ASEAN+3 Macroeconomic Research Office, or AMRO, says Việt Nam’s economy is maintaining strong growth momentum despite global uncertainty. According to AMRO, Việt Nam’s growth continues to be supported by a strong export-oriented manufacturing sector, steady foreign direct investment, and stable domestic demand.