ACCELERATING DIGITAL TRANSFORMATION WITH PIONEERING TELECOM INFRASTRUCTURE
Vietnam’s telecommunications sector will continue to play a key role in driving the digital economy, especially as technologies like AI, 5G, cloud computing and quantum computing become essential components of national development strategies. At the same time, building modern, green-certified data centers is among the top priorities.
MOST ANNOUNCES 21 KEY STRATEGIC TECHNOLOGY DEVELOPMENT PLANS
The Ministry of Science and Technology (MoST) announced a list on June 4 of 21 key strategic development plans on sci-tech, innovation, digital transformation to create opportunities for digital technology enterprises to take part in. Decision No.1144/QD-BKHCN aims to enhance national competitiveness, boost digital transformation, innovation and develop advanced technologies.
VN’S GARMENT-TEXTILE EXPORTS TOP $17 BILLION IN FIVE MONTHS
Việt Nam’s garment and textile exports exceeded US$17.58 billion in the first five months of 2025, up 9 per cent compared to the same period last year. Meanwhile, imports totalled $10.63 billion, resulting in a trade surplus of $6.95 billion for the sector, according to the Vietnam Textile and Apparel Association (VITAS).
ĐỒNG NAI PULLS IN US$1.2 BILLION IN FDI, SMASHING 2025 GOAL
The southern province of Đồng Nai had lured over US$1.218 billion in foreign direct investment (FDI) as of early June, achieving 152.3 per cent of its annual target, according to the Đồng Nai Industrial Zones Authority (DIZA). This figure, encompassing both new and added capital, not only exceeds the province’s 2025 goal of $800 million by 52.3 per cent but also marks a 39 per cent leap from the 874.7 million recorded in the same period last year.
VN STEPS UP BORDER CLEARANCE FOR AGRICULTURAL PRODUCT EXPORTS
With key agricultural products such as lychee, durian, mango, longan and dragon fruit entering the peak harvest season, Vietnamese authorities are stepping up efforts to streamline customs clearance at border gates to prevent congestion and market oversupply. In a recent directive, Prime Minister Phạm Minh Chính urged the Ministry of Finance to instruct the customs force to prioritise the swift clearance of fresh farm produce for export.
BUSINESSES ADOPTS ESG AS PART OF LONG-TERM STRATEGY
Climate change poses challenges and opportunities for Vietnamese businesses as global markets increasingly prioritise sustainable products and services, said economists and industry experts. The Director of Sustainability & Climate Change Advisory Services at Deloitte Việt Nam, Phạm Minh Hương, noted that enterprises can tap into new potential by developing environmentally-friendly products and improving energy efficiency.
DOMESTIC CONSUMPTION DRIVES INDUSTRIAL PRODUCTION GROWTH IN HCM CITY
HCM City’s Index of Industrial Production (IIP) rose by 8.2 per cent in the first five months of 2025 compared to the same period last year, marking the highest five-month growth rate in the past seven years, according to the municipal Department of Industry and Trade. In May alone, the IIP increased by 5.1 per cent over the previous month and 9.4 per cent year-on-year.
VN’S OVERSEAS INVESTMENT INCREASES BY 2.3 TIMES IN THE FIRST FIVE MONTHS
Vietnam's overseas investment surged in the first five months of 2025, reaching US$317.3 million, a 130 per cent increase compared to the same period in 2024, according to the General Statistics Office (GSO). This significant growth is primarily attributed to a surge in newly licensed projects. Between January and May, Vietnamese investors received approval for 46 new overseas projects with a total registered capital of $275.7 million, a 170 per cent year-on-year increase.
