Vietnam Today

According to World Bank Division Director for Vietnam, Cambodia, and the Lao PDR, Ms. Mariam J. Sherman, Vietnam stands at a watershed moment following the adoption of Resolution 19-NQ/TW on renewing Vietnam’s development model in July 2026.

Addressing the annual Vietnam New Economy Forum 2026 (VNEF 2026), Assoc. Prof. Dr. Ho Sy Hung, President of the Vietnam Chamber of Commerce and Industry (VCCI), affirmed that the past two years witnessed unprecedented institutional breakthroughs, unlocking developmental headroom and creating robust momentum for enterprises.

Spanning institutional frameworks, subnational administration, capital efficiency, and the business climate, discussions converged on the urgent imperative to close the gap between policy design and real-world outcomes.

At the Vietnam New Economy Forum 2026 held in Hanoi on October 3, policymakers, business leaders, and international partners outlined concrete solutions to accelerate policy execution and unlock double-digit economic growth for the 2026-2030 period.

Manufacturing and processing remaining the largest recipient of newly registered FDI, attracting $13.38 billion, or 45.8% of the total.

Removing institutional bottlenecks and strengthening decentralisation would help turn breakthrough policies into growth momentum for localities and businesses.