Prime Minister urges state-owned enterprises development

02/02/2026
02:41

At the first meeting of the National Steering Committee for the Implementation of the Politburo's Resolution 79 on the Development of the State-owned Economic Sector, Prime Minister Phạm Minh Chính urged SOEs to lead sectors beyond private reach. Through public-private partnerships and special mechanisms, the government aims to mobilize resources, turning SOEs into a powerful engine for Vietnam’s economic growth.

Tariffs make U.S. car prices soar

Tariffs make U.S. car prices soar

Economy 03:17

One of the largest car shows on the U.S. East Coast, the Washington, D.C. Auto Show 2026, concluded on 1 February. The event took place one year after President Donald Trump imposed import tariffs aimed at bringing manufacturing back to the United States, with the auto industry at the centre of the debate.

Big cities face mid-range housing gap

Big cities face mid-range housing gap

Economy 02:24

For city dwellers, the dream of homeownership is slipping further out of reach as flat prices in major cities continue to hit new highs. While social housing is affordable but harder to access, mid-range homes, the top choice for young families, are becoming increasingly scarce.

Prime Minister urges state-owned enterprises development

Prime Minister urges state-owned enterprises development

Economy 02:41

At the first meeting of the National Steering Committee for the Implementation of the Politburo's Resolution 79 on the Development of the State-owned Economic Sector, Prime Minister Phạm Minh Chính urged SOEs to lead sectors beyond private reach. Through public-private partnerships and special mechanisms, the government aims to mobilize resources, turning SOEs into a powerful engine for Vietnam’s economic growth.

Hồ Chí Minh City - National Science - Technology hub

Hồ Chí Minh City - National Science - Technology hub

Economy 07:38

Hồ Chí Minh City has long been a dynamic business environment, and that momentum is only accelerating. With advanced infrastructure, a dense startup network, and one of the country's most dynamic innovation ecosystems, the city is positioning itself as a national hub for technology, innovation, and digital growth.

Drivers activated for double-digit growth

Drivers activated for double-digit growth

Economy 02:00

Localities across Việt Nam are activating new growth drivers as the country targets double-digit expansion. Investment in technology, automation, and digital transformation is taking centre stage, shifting the focus from scale-based growth to more sustainable, productivity-led development. From major enterprises to provincial strategies, science, innovation and digital transformation are being identified as key foundations to maintain economic momentum and support Vietnam’s rapid growth in the years ahead.

Japanese firms positive on Việt Nam

Japanese firms positive on Việt Nam

Economy 02:09

Nearly 60% of Japanese companies in Việt Nam plan to expand their operations, the highest rate in ASEAN, highlighting Việt Nam’s shift from a low-cost manufacturing base to a growing consumer market. Companies like Toshiba Asia Industrial Products are leveraging robotics and real-time monitoring to improve efficiency and quality.