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Sandbox set to power digital economy
In 2025, the government introduced a sandbox framework for the banking sector, allowing new financial services to be tested in a controlled environment. As the model expands to other industries, it is expected to become an important engine of the digital economy.
Local-level diplomacy drives economic expansion
Economy 03:08Local-level diplomacy is proving to be a vital pillar for national development. At the 22nd National Conference on External Affairs, which opened on 2 August, the key highlights centered on elevating economic diplomacy to expand trade networks, attract high-quality FDI, and drive regional growth.
An Giang Province combats IUU fishing
Economy 02:50Securing the removal of the European Commission's IUU "yellow card" remains an urgent national priority. In An Giang Province, authorities are strengthening inspections and implementing a range of measures to manage fishing vessels departing from the port, aiming to prevent illegal, unreported, and unregulated (IUU) fishing.
Sandbox set to power digital economy
Economy 02:40In 2025, the government introduced a sandbox framework for the banking sector, allowing new financial services to be tested in a controlled environment. As the model expands to other industries, it is expected to become an important engine of the digital economy.
Japan, U.S. confirm coordinated market intervention
Economy 01:33Japan and the United States today confirmed that they had carried out a coordinated yen-buying intervention in the foreign exchange market. It is the first time in 15 years that the two countries have taken such action, in an effort to stem the yen's historic decline.
Vietnam eyes advanced materials science as new growth pillar
Economy 03:20Vietnam has recognised advanced materials as a national strategic technology for sustainable growth. To elevate its global tech standing, the country is fostering strong government-business collaborations and university-industry partnerships. These efforts aim to develop a skilled workforce and translate fundamental research into practical applications for healthcare, agriculture and defence.
Diplomacy drives economic growth
Economy 02:25For an open economy like Vietnam, diplomacy is increasingly measured by concrete economic results from new markets and investment flows to contracts, orders and jobs. Under Politburo Resolution No. 06, foreign affairs are expected to support economic growth and help unlock new development resources.
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