Throughout history, great thinkers and economists have come up with economic formulas and models to help people understand growth of economies. What about Vietnam, a country that emerged from shadows of war, and for the past 40 years since reform has transitioned itself into one of the most dynamic economies in Asia? What is the X factor for the economic development of Vietnam?
On the morning of 15 November, Prime Minister Pham Minh Chinh, Head of the Government's Steering Committee on Science and Technology Development Innovation, Digital Transformation and Project 06, chaired the 5th meeting of the Steering Committee.
With growing opportunities to apply aviation, aerospace and unmanned systems to low-altitude economic models, Vietnam’s low-altitude economy is projected to reach a value of up to 10 billion USD. This assessment was highlighted at the Vietnam International Low-Altitude Economy Forum 2025, held in Hanoi on 14 November, underscoring how crucial it is for Vietnam to act early and shape its position in this emerging field.
Vietnam is taking steps to make travel and work entry easier. Administrative procedures for issuing e-visas to foreign nationals are now conducted entirely online. Regulations have also been updated to streamline entry and exit processes for experts working at the International Financial Centre. These updates were highlighted at the Direct Dialogue on Immigration Procedures, held on 14 November in Hanoi.
In 2017, the EC officially issued a yellow card against Vietnam for illegal, unreported and unregulated (IUU) fishing activities. 8 years have passed and Vietnam has undergone a long journey of effort and transformation.
Vietnam ranks among the top waste-generating countries — but innovation is turning the tide. With advanced waste-to-energy technology, rubbish can now be transformed into electricity in just days, offering one of the most effective and sustainable solutions for a greener future. See how Vietnam is powering progress.