ADB keeps Vietnam as Southeast Asia’s fastest-growing economy
Vietnam is projected to remain the fastest-growing economy in Southeast Asia, with the Asian Development Bank (ADB) maintaining its growth forecasts of 7. 2% for 2026 and 7. 0% for 2027 in its Asian Development Outlook (ADO) July 2026 released on July 8.
Vietnam boosts collective economy, elevates OCOP products in digital age09/07/2026 13:37Vietnam currently has about 17,400 OCOP products rated three stars or above. The figure is set to increase to around 25,000 by 2030, with greater emphasis on improving quality, adding value and enhancing competitiveness rather than simply expanding the number of products. Ministry pushes social and rental housing, saying apartment prices have stabilised09/07/2026 12:17Vietnam currently has 130,571 rental housing units under construction. A review of national rental housing demand will be completed before the construction ministry assigns specific targets to provincial governments. Vietnam spends over 121. 5 million USD on diamond imports in first half09/07/2026 11:41India remained the largest supplier, with the value reaching 63. 2 million USD, representing around 52% of Vietnam's total diamond imports. Vietnamese firms seek deeper access to UK supply chains09/07/2026 10:46Speaking at the opening ceremony at Staybridge Suites London-Vauxhall in Lambeth, Vietnamese Ambassador to the UK Do Minh Hung said bilateral ties have developed strongly in recent years, culminating in the establishment of a Comprehensive Strategic Partnership during Party General Secretary To Lam’s official visit to the UK in October last year. Quang Ngai seeks stronger French partnership for green growth09/07/2026 10:24The meetings with AFD and EDF were seen as an important step in deepening ties between Quang Ngai and French partners as the province enters a new phase of development. Through broader international cooperation, Quang Ngai aims to attract more capital, technology, management expertise and training resources to advance green industry, clean energy and sustainable infrastructure, strengthen competitiveness and move toward becoming a major industrial, energy and logistics hub in central Vietnam and the country. Agriculture sustains growth momentum in H1, strengthening foundation for green development09/07/2026 10:18Deputy Minister of Agriculture and Environment Dang Ngoc Diep said the sector achieved encouraging results thanks to close monitoring of market developments, proactive production management and timely measures to remove institutional and policy bottlenecks. Ho Chi Minh City eyes vibrant night-time economy through cultural industries09/07/2026 09:17According to the National Statistics Office, cultural industries contributed about 3. 54% of Ho Chi Minh City's gross regional domestic product (GRDP) in 2020. The figure rose to around 5. 7% in 2025 and is expected to continue growing. Reference exchange increases slightly on July 909/07/2026 08:54The State Bank of Vietnam set the daily reference exchange rate at 25,211 VND/USD on July 9, up 5 VND from the previous day. Hanoi's second airport officially added to national airport plan09/07/2026 06:33 By 2030, Vietnam aims for its airport network to handle about 249 million passengers and 4. 4 million tonnes of cargo annually, while ensuring more than 95% of the population lives within 100km of an airport. Resolution charts coordinated strategy to attract new-generation FDI09/07/2026 02:41Experts say Resolution No. 10-NQ/TW could become a strategic lever for Vietnam’s sustainable development, but pose major challenges related to infrastructure capacity and environmental standards. Vietnamese, Chinese firms deepen cooperation across multiple sectors08/07/2026 17:31At the conference, 11 pairs of businesses from Guangxi and Quang Ninh signed cooperation agreements in areas including smart border gate development, logistics infrastructure, trade in agricultural, forestry and fishery products, cross-border cultural tourism, and testing and inspection services, to enhance connectivity between Guangxi's industrial and supply chains and those of Vietnam. Identifying advantages to realise FDI attraction targets: experts08/07/2026 15:43The positive FDI performance in the first half of 2026 provides a favourable foundation for Vietnam to realise Resolution No. 10-NQ/TW’s goals. However, to maintain advantages and improve the quality of capital inflows, Vietnam needs not only to improve the investment environment but also develop infrastructure, strengthen domestic enterprises, expand capital markets and promote substantive links between the FDI and domestic sectors. Quang Ninh steps up investment, tourism cooperation with Russia’s Sverdlovsk oblast08/07/2026 11:00Addressing the conference, which took place as Vietnam participated in INNOPROM with a national pavilion for the first time, Vietnamese Consul General Nguyen Mai Huong praised Quang Ninh’s growing cooperation with Sverdlovsk, long recognised as one of Russia’s major industrial centres. Vietnam's specialty coffee sets sights on Chinese market08/07/2026 10:24As part of the roadshow, in July, a pilot event is set to be held in Shanghai to introduce Vietnamese specialty coffee to the professional coffee community, gauge market interest and lay the groundwork for future trade promotion activities. RoK picks Vietnam as K-Food logistics hub for ASEAN expansion08/07/2026 10:10Demand for Korean food in Vietnam has continued to grow rapidly alongside the popularity of the Korean Wave, or Hallyu, making the country a strategic market in the RoK's plan to expand agricultural and food exports to ASEAN, the RoK's Ministry of Agriculture, Food and Rural Affairs said. Reference exchange rate up 4 VND on July 808/07/2026 09:01The State Bank of Vietnam set the daily reference exchange rate at 25,206 VND/USD on July 8, up 4 VND from the previous day. Vietnam’s first-ever digital investment platform to debut in Ho Chi Minh City08/07/2026 08:47The debut affirms the city’s push to overhaul investment promotion towards a more modern, transparent and technology-led model that uses digital tools and artificial intelligence to deliver sharper support for investors. ADB, HDBank sign 100 million USD loan to expand access to finance for MSMEs08/07/2026 08:47The financing will support HDBank’s medium- to long-term lending, with at least 40% of ADB’s financing directed to WMSMEs to provide more opportunities for women business owners. MoIT explains first-half trade deficit08/07/2026 08:12Speaking at the ministry's regular press conference on July 7, Tran Thanh Hai, deputy director general of the Agency of Foreign Trade, said Vietnam recorded exports of 266. 5 billion USD and imports of 283. 2 billion USD in the first six months of the year, resulting in a trade deficit of about 16. 7 billion USD. Vietnam – EFTA FTA expected to create new growth opportunities for trade, investment07/07/2026 21:41The successful conclusion of the negotiations was not merely the end of a process that lasted more than 10 years, but also demonstrated the strong commitment of both Vietnam and EFTA countries to an open, transparent and rules-based international trading system. The agreement sends a clear message that dialogue, cooperation and economic connectivity remain the most effective means of promoting growth, creating jobs and generating prosperity.