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<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2026/1/23/pho-thu-tuong-chinh-phu-bui-thanh-son-tham-du-le-ky-hien-chuong-hoi-dong-hoa-binh-ve-cham-dut-xung-d-17691364467981499976581.png" alt="Vietnamese DPM attends signing ceremony of Gaza Board of Peace - Ảnh 1."></figure>President Trump holds up his signature on the founding charter during a signing ceremony for the Board of Peace at the World Economic Forum on Thursday in Davos, Switzerland - Photo: euractivPresident Donald Trump, together with 19 heads of state and government representatives from Bahrain, Morocco, Argentina, Armenia, Azerbaijan, Bulgaria, Hungary, Indonesia, Jordan, Kazakhstan, Kosovo, Pakistan, Paraguay, Qatar, Saudi Arabia, Türkiye, Uzbekistan, the United Arab Emirates, and Mongolia, signed Board of Peace to lay out a blueprint for the next steps in implementing a ceasefire in Gaza.Al the signing ceremony, Deputy Prime Minister Bui Thanh Son met with U.S. Secretary of State Marco Rubio, Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, Trade Representative Jamieson Greer, and member of the Peace Council's executive board Jared Kushner.Deputy Prime Minister Bui Thanh Son affirmed that Viet Nam highly appreciates President Donald Trump's efforts to promote peace, cooperation, and prosperity worldwide, and stands ready to participate in the Peace Council as a founding member.The Deputy Prime Minister also stressed Viet Nam's aspiration to soon coordinate with other members of the Council in implementing the Gaza Peace Plan, which was adopted by the United Nations Security Council under Resolution 2803 on November 17, 2025, thereby promoting sustainable peace in the Middle East on the basis of Viet Nam's consistent stance on the Palestinian issue, in accordance with international law and the United Nations Charter.Deputy Prime Minister Bui respectfully conveyed the message of General Secretary To Lam, expressing appreciation and gratitude for President Donald Trump's continued support for the development of Viet Nam–U.S relations, as well as his support for a "strong, independent, self-reliant and prosperous" Viet Nam. He also conveyed the invitation of General Secretary To Lam and other senior Vietnamese leaders, inviting President Donald Trump and the First Lady to visit Viet Nam at an appropriate time.The members of President Trump's Cabinet affirmed their high regard for and agreement to further deepen and enhance the Comprehensive Strategic Partnership between Viet Nam and the U.S. in a substantive and effective manner, including efforts to soon reach an agreement on reciprocal tariff negotiations. They also welcomed Viet Nam's to become a founding member of the Peace Council and noted that President Trump would arrange a visit to Viet Nam when conditions permit.On the sidelines of the signing ceremony, Deputy Prime Minister Bui Thanh Son paid a courtesy call on President of Azerbaijan Ilham Aliyev. President Aliyev conveyed his warm greetings to General Secretary To Lam and his best wishes for the success of the 14th National Congress of the Communist Party of Viet Nam.&nbsp;President Aliyev expressed his desire to visit Viet Nam in 2026 to further advance the Strategic Partnership and the high-level agreements reached during General Secretary To Lam's visit to Azerbaijan in May 2025, particularly in the fields of oil and gas, technology, and other areas. President Aliyev also highly appreciated Viet Nam's and General Secretary To Lam's decision to participate as a founding member of the Peace Council, and expressed his hope that the two countries would work closely together and share development experience, thereby making practical contributions to reconstruction efforts not only in Gaza but also globally.On this occasion, Deputy Prime Minister Bui Thanh Son also met with the Foreign Ministers of Indonesia, Uzbekistan, and Saudi Arabia, as well as with the senior representative of the Peace Council and former United Nations Special Envoy for the Middle East, Mr. Nickolay Mladenov, to exchange views on potential cooperation within the framework of the Peace Council and on bilateral cooperation.&nbsp;The foreing leaders and officials welcomed Viet Nam's decision to participate in the Peace Council on Gaza, expressed confidence that Viet Nam's foreign policy, history of resilience, and experience in overcoming the consequences of war and successfully rebuilding the country constitute valuable lessons, and assessed that Viet Nam's participation would make positive contributions to the peace process in the region./.

At the invitation of U.S. President Donald Trump, Deputy Prime Minister Bui Thanh Son attended the signing ceremony of the Board of Peace for Gaza on the sidelines of the World Economic Forum in Davos on February 22, 2026.

Vietnamese DPM attends signing ceremony of Gaza Board of Peace

The 14th National Congress of the Communist Party of Vietnam is a particularly significant political event, marking a strategic transition in the country’s development trajectory. The Congress has drawn close attention from the Vietnamese public and has also become a focal point for international experts and scholars, as the decisions adopted are expected to define Vietnam’s development path and position in the new stage.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/01/22/daihoi-00362290-10434601.png" alt="The 14th National Party Congress has drawn close attention from international experts"></figure>The 14th National Party Congress has drawn close attention from international expertsBreaking through with people and technologyIn an interview with the Newspaper of Industry and Trade, Takebe Tsutomu, Special Advisor to the Japan - Vietnam Parliamentary Friendship Alliance, said that the 14th National Party Congress carries the significance of a historical turning point, opening opportunities for Vietnam to achieve a qualitative leap in development in pursuit of its strategic goals for 2030 and 2045.According to Takebe Tsutomu, after a period of growth largely driven by labor advantages and the expansion of production scale, Vietnam is now facing an urgent need to reposition its development model toward one based on knowledge, technology and people.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/01/22/c1-00222292-10470426.png" alt="Takebe Tsutomu, Special Advisor to the Japan - Vietnam Parliamentary Friendship Alliance"></figure>Takebe Tsutomu, Special Advisor to the Japan - Vietnam Parliamentary Friendship AllianceTo realize this aspiration, education reform and the promotion of science and technology are indispensable pillars. He emphasized that education must shift decisively from knowledge transmission to the development of critical thinking, practical skills and creativity, thereby forming a highly skilled workforce capable of rapidly adapting to technological change and the global market.At the same time, science and technology must truly become the central driver of growth, closely linked with innovation and practical application in production, governance and social life.He expressed his expectation that the 14th National Party Congress will clearly declare the determination to move away from the traditional labor-intensive industrial model, while transparently defining a national strategy for the development of high-quality human resources.“This strategy should focus on training and fostering a workforce with strong knowledge and high-level practical skills, creating conditions for each individual to fully realize their potential. When people are placed at the center of development and given opportunities to advance through knowledge and creativity, human resources can be transformed into a sustainable driving force for the country’s long-term development,” he said.From the “miracle on the Han River” to a “miracle on the Red River”Kwon Sung Teak, Executive Chairman of the Korea - Vietnam Economic and Cultural Exchange Association, said he expects the 14th National Congress of the Communist Party of Vietnam to create more favorable institutional conditions and development momentum for Vietnam - Republic of Korea relations to fully realize the potential of their comprehensive strategic partnership.According to Kwon Sung Teak, amid a global economic slowdown and rising supply chain risks driven by intensifying economic competition among major powers, Vietnam has gradually affirmed its position as a safe and reliable alternative destination. This image has been built on a foundation of strong political stability, an improving and increasingly predictable policy environment, and an open trade structure associated with deep international integration.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/01/22/3-17687362232781229280715-00305391-10483755.jpg" alt="Executive Chairman of the Korea - Vietnam Economic and Cultural Exchange Association Kwon Sung Teak."></figure>Executive Chairman of the Korea - Vietnam Economic and Cultural Exchange Association Kwon Sung Teak.These factors help Vietnam maintain its attractiveness in the eyes of international businesses and investors seeking safety and sustainability. Market confidence is further reinforced as Vietnam demonstrates flexible adaptability to external shocks and a long-term commitment to accompanying the business community throughout its development process.Kwon Sung Teak also noted that Vietnam and the Republic of Korea are facing an opportunity to form a highly complementary shared growth model. Drawing on the Republic of Korea’s development experience embodied in the “miracle on the Han River,” the two countries can work together to create a “miracle on the Red River” suited to Vietnam’s new conditions.This model is not merely about the transfer of experience or investment capital, but rather a process of strategic partnership in industrial development, science and technology, innovation and human resource upgrading. As Vietnam accelerates institutional reform and strengthens its endogenous capacity, cooperation with the Republic of Korea will gain further room to deepen and generate sustainable added value.Bilateral relations are expected to evolve from a traditional strategic partnership framework toward a community of shared action. The focus of cooperation will move beyond investment attraction alone to a new structure based on joint strategic design, joint participation in value chains, and shared development responsibilities.Enterprises of the two countries will expand their roles from investment relationships to innovation partnerships and joint development. On that basis, the Vietnam - Republic of Korea business community will work together to address long-term development challenges, with a focus on green-oriented industrialization, digital transformation in production and governance, and the building of sustainable growth models linked to social responsibility.“With a solid foundation of political trust and deep economic interlinkages, the Vietnam - Republic of Korea axis has the potential to become one of the most stable and substantive diplomatic pillars. This is a bilateral relationship that goes beyond economic interests to become a partnership sharing vision, responsibility and long-term commitment to peace, stability and development in the region,” Kwon Sung Teak affirmed.<blockquote>The political report of the 13th Party Central Committee presented at the 14th National Party Congress clearly states the goal of becoming a developing country with modern industry and upper-middle income by 2030, and realizing the vision of becoming a developed, high-income country by 2045, for a Vietnam that is peaceful, independent, democratic, prosperous, civilized and happy, steadily advancing toward socialism.</blockquote>Le Van

The 14th National Party Congress shows Vietnam’s strong political resolve to improve growth quality and shape national standing amid intensifying global competition.

International scholars’ perspectives on the 14th National Party Congress

Entering the renewal period, external relations took the lead in breaking isolation, promoting deep international integration, effectively mobilizing external resources for development, and enhancing Vietnam’s position and prestige on the global stage.Nguyen Manh Cuong, a member of the Party Central Committee, Standing Deputy Secretary of the Party Committee, and Deputy Minister of Foreign Affairs, delivered a presentation on the theme “Proactively and actively fulfilling the key and regular task of advancing external relations and international integration in service of the country’s strategic objectives.”On January 21, on behalf of the Party Committee of the Ministry of Foreign Affairs, Nguyen Manh Cuong presented the paper on “Proactively and actively fulfilling the key and regular task of advancing external relations and international integration in service of the country’s strategic objectives.”Steering external relations into a new eraExpressing strong agreement with the Central documents submitted to the Congress, Nguyen Manh Cuong stressed that a review of Vietnam’s revolutionary journey clearly shows that, under the leadership of the Party, external relations and international integration have consistently played a vital role and made significant contributions.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/01/21/dd-15105052.png" alt="Nguyen Manh Cuong, a member of the Party Central Committee, Standing Deputy Secretary of the Party Committee, and Deputy Minister of Foreign Affairs, delivers a presentation on the theme “Proactively and actively fulfilling the key, regular task of advancing external relations and international integration in service of the country’s strategic objectives.”"></figure>&nbsp;Nguyen Manh Cuong, a member of the Party Central Committee, Standing Deputy Secretary of the Party Committee, and Deputy Minister of Foreign Affairs, delivers a presentation on the theme “Proactively and actively fulfilling the key, regular task of advancing external relations and international integration in service of the country’s strategic objectives.”During the struggle for national liberation and reunification, external relations worked in close coordination with political and military struggle, forming a posture of “fighting while negotiating,” contributing to historic milestones such as the Geneva Agreement of 1954 and the Paris Peace Accords of 1973, which opened decisive turning points toward national reunification.Entering the renewal period, external relations spearheaded efforts to break isolation, promoted deep international integration, effectively harnessed external resources for development, and elevated Vietnam’s standing and credibility in international affairs.Notably, during the term of the 13th National Party Congress, despite complex and unpredictable global developments, external relations and international integration achieved many important results. A peaceful and stable environment was maintained; independence, sovereignty, unity, and territorial integrity were firmly safeguarded. The external relations landscape became increasingly open, balanced, and harmonious. Diplomacy in service of development was strengthened, while Vietnam’s international role, standing, and prestige continued to rise.These achievements represent the collective efforts of the entire political system under the Party’s leadership, with the active and effective contributions of ministries, sectors, localities, and the business community.The Party has consistently affirmed that external relations constitute an integral component of the overall revolutionary line, contributing to safeguarding the Homeland early and from afar, while serving as a key driver of development and enhanced national standing.During his lifetime, President Ho Chi Minh, a visionary leader and the first Minister of Foreign Affairs of Vietnam, early articulated the organic relationship between Vietnam and the world. He stated that Vietnam is a part of the world, everything in the world relates to Vietnam, and everything in Vietnam relates to the world.That thinking laid the foundation for the Party’s open foreign policy and international integration. As early as 1946, in a letter to the Secretary-General of the United Nations, he affirmed Vietnam’s desire to pursue a policy of openness and cooperation across all fields an early and consistent declaration of integration-oriented thinking, reflecting aspirations for peace, cooperation, and development.Over successive Party Congresses, the Party has continuously renewed its thinking and refined its foreign policy. In the renewal era, Vietnam progressed from aspiring to be a friend, to being ready to be a friend, to becoming a friend, a trusted partner, and an active, responsible member of the international community; from economic integration to proactive and comprehensive international integration; from participation to active contribution, and further to assuming a more core and leading role in multilateral mechanisms.External relations and international integration as key, regular tasksOn this basis, the documents of the 14th National Party Congress emphasize strategic autonomy and self-reliance as the foundation for deep integration without dependence, and clearly identify the task of developing external relations in the new era in a manner commensurate with the nation’s historical stature, cultural depth, and international position.In particular, the documents affirm that, alongside national defense and security, advancing external relations and international integration constitutes a key and regular task, recognized as a strategic pillar in the cause of national construction and defense.Defining external relations and international integration as key and regular tasks stems from objective requirements amid profound, complex, and unpredictable changes in the international environment. This also marks an important evolution in strategic thinking. Accordingly, external relations and international integration become an essential approach and a continuous, regular endeavor in national construction and defense; a shared mission of the entire political system, requiring proactive participation and close, coordinated, and synchronized action across all levels, sectors, and localities.In that spirit, the Party Committee of the Ministry of Foreign Affairs has identified several priority tasks for the period ahead.First, to thoroughly grasp and effectively implement the foreign policy line of the 14th National Party Congress, and to carry out a comprehensive foreign policy strategy at a higher level, aligned with an era of prosperous and strong national development.Second, to closely monitor developments and coordinate tightly with relevant agencies and forces, particularly the Vietnam People’s Army and the People’s Public Security; to proactively provide policy advice, avoid passivity or surprise, contribute to maintaining a peaceful and stable environment, and resolutely and persistently safeguard independence, sovereignty, unity, and territorial integrity, as well as political stability and national security.Third, to implement in a coordinated and effective manner the pillars of Party diplomacy, State diplomacy, and people-to-people diplomacy, while working closely with parliamentary diplomacy, defense diplomacy, public security diplomacy, and local-level external relations.Fourth, to place diplomacy in service of development at the center; to strengthen economic, cultural, science and technology, and innovation diplomacy, using effectiveness in serving citizens and businesses as the primary benchmark.Fifth, to build a comprehensive, modern, and professional diplomatic service; to accelerate digital transformation; and to focus on developing a diplomatic cadre that combines integrity, resilience, and competence, upholding a strong sense of dedication to the Homeland and service to the people.<blockquote>Under the glorious banner of the Party, under the leadership of the Central Committee, the Politburo, and the Secretariat, with State management and the coordination and active participation of all levels and sectors, officials and Party members across the diplomatic service firmly believe that external relations and international integration will continue to achieve even greater accomplishments, contributing to the building of a prosperous, strong, civilized, and happy nation in the new era.</blockquote>Phuong Trang

Vietnam is advancing proactive diplomacy and deeper international integration to safeguard national interests, support development and elevate its global standing.

External relations named a strategic pillar in Vietnam’s new development era

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2026/1/16/img9066-17685373217311530486115-1768549273262427429915.jpg" alt="Viet Nam starts construction of first domestic chip plant- Ảnh 1."></figure>Party General Secretary To Lam, Prime Minister Pham Minh Chinh and delegates press buttoms to lauch the project, Ha Noi, January 16, 2026 - Photo: VGP/Nhat BacThe project, launched by the military-run Viettel Group, marks a pivotal moment as Viet Nam plans to create its own semiconductor manufacturing ecosystem.<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2026/1/16/img9057-17685373831121449175204-17685493458501676963230.jpg" alt="Viet Nam starts construction of first domestic chip plant- Ảnh 2."></figure>Prime Minister Pham Minh ChinhFocus on mastering core technologies by 2030Addressing the event, Prime Minister Pham Minh Chinh underscored the strategic importance of the facility."This is a crucial step toward materializing our national semiconductor industry development strategy," he said. "It creates a foundation for Viet Nam to integrate more deeply into the global value chain through science, technology and innovation."The Prime Minister tasked the Ministry of Science and Technology to promote research and technology transfer linked to human resource development for the semiconductor industry; support connectivity among leading domestic and international experts, particularly Vietnamese experts working overseas.The Ministry of Finance was urged to report to competent authorities on capital allocation and provide guidance on implementation, ensuring quality, progress and compliance with legal regulations.The Ha Noi People’s Committee was requested to urgently hand over land for the project and ensure necessary infrastructure conditions—including electricity, water and transport—for the construction and operation of the plant.Relevant ministries and sectors, within their respective functions and mandates, were instructed to guide, coordinate with and support the Ministry of National Defense and the Viettel Group in implementing the project in accordance with the law.<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2026/1/16/img9050-17685375135091805684450-17685494202461746122664.jpg" alt="Viet Nam starts construction of first domestic chip plant- Ảnh 3."></figure>Chip products displayed at the groundbreaking ceremony – Photo: VGP/Nhat BacLieutenant General Tao Duc Thang, Viettel’s chairman and CEO said that group will complete construction, receive technology transfer and begin trial production by the end of 2027.&nbsp;In the 2028–2030 period, the group will focus on optimising processes and improving production efficiency to international standards.Located at Hoa Lac High-Tech Park on a 27-hectare site, the plant will function as national infrastructure for semiconductor research, design, testing and production.Once operational, it will supply chips for multiple industries, including aerospace, telecommunications, the Internet of Things, automotive, medical equipment and automation.A complete semiconductor chip requires six main stages: product definition, system design, detailed design, chip fabrication, packaging and testing, and integration and verification.Viet Nam has gradually participated in five of these stages. Chip fabrication—the most complex and critical step—has so far remained beyond domestic reach. The new facility is expected to complete the entire production chain.The plant will help complete the domestic semiconductor ecosystem, enabling chip design companies, tech startups and research institutions to shorten testing cycles and accelerate product development. It will also serve as a training hub for semiconductor talent, supporting Viet Nam's goal of training 50,000 chip design engineers by 2030 and building a semiconductor workforce of 100,000 by 2040./.&nbsp;

General Secretary To Lam and Prime Minister Pham Minh Chinh attended the groundbreaking ceremony of Viet Nam’s first semiconductor chip manufacturing plant in Ha Noi on January 16.

Viet Nam starts construction of first domestic chip plant

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2026/1/15/vn-17684680372411780863448.jpg" alt="Google to manufacture high-end smartphones in Viet Nam: Nikkei Asia- Ảnh 1."></figure>Google already has a large network of suppliers in Viet Nam that assemble its products, including Pixel smartphones.According to the report, Google will begin new product introductions (NPI) for its Pixel, Pixel Pro, and Pixel Fold phones in Viet Nam, with development of the lower-end Pixel A series remaining in China for now.NPI is a critical phase in launching a new electronics device, involving process development, verification, and refinement, the report added.Google already mass-produces high-end smartphones in Viet Nam and conducts some verification there, so building new phones from scratch in the country should be achievable, the report said.Viet Nam's electronics exports boomed in 2025, bringing in nearly US$165 billion, with computers, electronics, and components surpassing the US$100 billion mark for the first time to become the main driver of trade growth.The breakneck growth of electronics, computers, and components in 2025 delivered an unprecedented export value of US$107.74 billion, up 48.4 per cent on-year, equivalent to an absolute increase of more than US$35 billion, according to the latest data from the National Statistics Office (NSO) under the Ministry of Finance.Remarkably, Viet Nam's export of computers, electronic products and components to the U.S. jumped 81.3 percent to over US$42 billion, making up 27.4 percent of total shipments. Machinery, equipment and spare parts came next with US$24.1 billion, up 9.4 percent./.

Google will start developing and manufacturing high-end smartphones in Viet Nam this year, unveiled Nikkei Asia in a recent article.

Google to manufacture high-end smartphones in Viet Nam: Nikkei Asia

The 13th National Congress of the Communist Party of Vietnam (2021-2025) concluded under extraordinary circumstances, marked by a rapidly changing, complex and unpredictable global environment. The Covid-19 pandemic, geopolitical conflicts, supply chain disruptions, slowing global growth, rising inflation and increasing protectionism all posed unprecedented challenges.Against this backdrop, Vietnam’s economic achievements and milestones during the term have carried significance far beyond numerical indicators. They reflect the Party’s leadership capacity, governance effectiveness and the resilience of the Vietnamese economy.Impressive highlightsIn a recent signal of Vietnam’s growth prospects, the European Chamber of Commerce in Vietnam (EuroCham) officially released its Business Confidence Index (BCI) for the fourth quarter of 2025, which reached 80.0 points, the highest level in seven years.According to EuroCham, the result marks a clear and sustainable recovery in business confidence in Vietnam, even as the global economic environment continues to face uncertainties. More importantly, it signals a distinct shift, as confidence is not only being reinforced but is also emerging as a driving force behind expansion and investment decisions in the period ahead.From EuroCham’s perspective, the business confidence story reflects the spillover effects of policy consistency that Vietnam’s economy has pursued over many years standing out as tangible successes of the 2021-2025 period.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/01/14/p4g-12134408.jpg" alt="Illustrative photo."></figure>Illustrative photo.A defining feature throughout the 13th Congress term was the steadfast maintenance of macroeconomic stability amid heightened risks. Vietnam remained committed to growth targets while keeping inflation under control, stabilizing major economic balances and ensuring financial-monetary security, energy security and food security.At a time when many major economies slipped into recession or stagnation, Vietnam’s ability to sustain relatively strong and stable growth widely acknowledged by the international community underscored the effectiveness of the development path set out by the 13th Congress.Another notable hallmark of the term was the economy’s rapid recovery from the Covid-19 shock. Socio-economic recovery and development programs were deployed in a timely and targeted manner, helping businesses and citizens overcome difficulties while reviving growth drivers.The 13th Congress term also marked a clear shift in development thinking from prioritizing speed to placing greater emphasis on quality, efficiency and sustainability. Economic restructuring, aligned with renewing the growth model, was advanced across multiple sectors.Industry continued to play a pillar role, with a focus on processing and manufacturing, supporting industries and deeper integration into global value chains. Agriculture moved toward an ecological and modern model, linked with advanced new-style rural development. The service sector expanded strongly, particularly high value-added industries.Notably, digital transformation, the digital economy, green growth and the circular economy were identified as new growth engines, reflecting the Party’s long-term vision amid the Fourth Industrial Revolution and global sustainability demands.A foundational highlight of the 13th Congress term was progress in improving the socialist-oriented market economy institutions. Major policies on land, investment, enterprises, science and technology, innovation and human resource development were issued, revised and supplemented toward greater transparency, coherence and alignment with international practices.Administrative reform and improvements in the business and investment climate continued, creating more favorable conditions for enterprises, especially the private sector to assert themselves as a key economic driver.The term also reaffirmed the principle that economic development must not be separated from social progress and equity. Social security, sustainable poverty reduction and improved living standards particularly in remote, ethnic minority areas were advanced in a coordinated manner, serving as a vital measure of growth quality and the humane nature of Vietnam’s development path.The Ministry of Industry and Trade shifts toward strategic facilitationFor the industry and trade sector, 2021-2025 was a turbulent period marked by unprecedented challenges. Despite strong headwinds, the sector remained united, overcame difficulties and achieved historic results, setting multiple new records.This period can be seen as a “state transition” for the sector from addressing short-term issues and legacy problems to strategic facilitation; from growth in volume to growth in quality, depth and rising international standing.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/01/14/cd-3-16012050-12134495.png" alt="Illustrative photo."></figure>Illustrative photo.The economic highlights of the 13th Congress term bear the clear imprint of the industry and trade sector, which has played a central role both domestically and internationally.It was the most intensive term in history for institutional and policy advisory work, with many strategic breakthroughs paving the way for fast and sustainable development. Industry rebounded strongly, with industrial GDP nearly doubling compared to the start of the term, while exports and imports also almost doubled, propelling Vietnam into the world’s top 15 trading nations.No previous term witnessed such breakthroughs in energy institutions and infrastructure as seen during 2021-2025, laying a crucial legal and strategic foundation for medium- and long-term energy security and enabling energy to move one step ahead.Other notable achievements included stabilizing the domestic market, maintaining supply-demand balance, rapid growth in e-commerce keeping Vietnam among the global top 10 in growth speed and the swift opening of new markets through practical agreements aligned with Vietnam’s integration capacity.A solid foundationOverall, the economic highlights of the 13th Congress term lie not only in achieved indicators but, more importantly, in building a solid foundation for the next stage of development ushering Vietnam into a new cycle of acceleration and breakthrough.From that foundation, the 14th Congress demands a renewed spirit: more decisive action, greater ambition and higher responsibility before history and the people.The new term must further unlock development resources starting with human capital, science and technology, innovation and digital transformation. Institutions must become a genuine competitive advantage, reforms must be substantive, and discipline must be strengthened to ensure a transparent and healthy development environment.Building on the 13th Congress foundation, the 14th Congress must drive clearer momentum in forming and activating new growth engines. Industry must climb higher in global value chains; agriculture must become smarter, greener and higher-value; services must emerge as a modern growth pillar.Digital, green and circular economies must move from orientation to concrete, measurable results. Fast development without sacrificing the environment or social equity is becoming a core principle of the new term.In particular, the private sector should continue to be affirmed as a key economic driver, given commensurate trust, opportunity and space to grow.The 14th Congress marks a transition to a higher development stage, requiring greater vision and resolve. More than ever, Vietnam needs bold innovation, unified action and a strong aspiration for development.KIm Bui

The 13th Party Congress laid a resilient economic foundation, creating momentum and ambition for stronger growth, reform and breakthroughs in the 14th Congress term.

From 13th Congress economic highlights to 14th Congress aspirations

Building an industrial AI platformSiemens and NVIDIA have announced a significant expansion of their strategic partnership to bring artificial intelligence (AI) into practical industrial production. The collaboration focuses on developing industrial AI and physical AI solutions, promoting AI-driven innovation across all sectors and industrial processes, while optimizing operations for both companies through digital twins and accelerated computing technologies.The expanded strategic partnership aims to advance the application of AI in real-world industrial settings. Both parties intend to jointly develop industrial and physical AI solutions, fostering innovation and accelerating operations across industries.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/01/09/ceo-of-siemens-ag-nvidia-00421093.jpg" alt="Siemens and NVIDIA expand collaboration to create an AI operating system for industry."></figure>Siemens and NVIDIA expand collaboration to create an AI operating system for industry.To support this development, NVIDIA will provide AI infrastructure, simulation libraries, models, platforms, and design templates, while Siemens will mobilize hundreds of industrial AI experts alongside leading hardware and software systems.Roland Busch, chairman and CEO of Siemens AG, emphasized the importance of building an AI operating system for industry to scale AI capabilities and achieve tangible impacts. He noted that by combining NVIDIA’s leading position in accelerated computing and AI platforms with Siemens’ strengths in hardware, software, industrial AI, and data, Siemens enables customers to develop products faster with the most comprehensive digital twins, adapt production in real time, and accelerate technologies from chips to AI-powered factories.Meanwhile, Jensen Huang, founder and CEO of NVIDIA, said: “Generative AI and accelerated computing have sparked a new industrial revolution, transforming digital twins from passive simulation tools into active intelligence of the physical world. Our partnership with Siemens combines the world’s leading industrial software with NVIDIA’s comprehensive AI platform, bridging the gap between ideas and reality, allowing industries to simulate complex systems in software before automating and operating them seamlessly in the physical world.”Towards AI-powered factories and optimized production cyclesSiemens and NVIDIA will collaborate on AI-accelerated industrial solutions covering the entire product lifecycle and manufacturing process. The aim is to drive faster innovation, continuous optimization, and the establishment of sustainable and flexible production platforms. The companies plan to build the world’s first fully AI-operated adaptive factory, starting in 2026 with Siemens’ Electronics Factory in Erlangen, Germany, as a model prototype.Using the “AI brain,” powered by software-defined automation and industrial operations management software combined with NVIDIA Omniverse libraries and NVIDIA AI infrastructure, factories can continuously analyse digital twins, test improvements in virtual environments, and convert validated information into direct operational adjustments on the shop floor.This process enables faster and more reliable decision-making from design to deployment, enhancing productivity while reducing trial time and risks. Siemens and NVIDIA aim to expand these capabilities across key sectors, with companies such as Foxconn, HD Hyundai, KION Group, and PepsiCo currently evaluating these features.With the partnership expansion, Siemens will complete GPU acceleration across its simulation portfolio and extend support for NVIDIA CUDA-X libraries and AI physical models, enabling customers to conduct larger, more precise simulations at higher speeds. Building on this foundation, the two companies will move towards generative simulations using NVIDIA PhysicsNeMo and open models, providing autonomous digital twins for real-time engineering design and automated optimization.By applying industrial AI operational logic to semiconductor production and AI-powered factories, Siemens and NVIDIA aim to accelerate core engines of the AI revolution. Starting from semiconductor design, with NVIDIA extensively using Siemens’ tools, Siemens will integrate NVIDIA CUDA-X libraries, PhysicsNeMo, and GPU acceleration across its full EDA portfolio, focusing on verification, layout, and process optimization, targeting 2 - 10 times acceleration for key workflows.The partnership also incorporates AI-assisted features such as layout guidance, debugging support, and circuit optimization, boosting engineering productivity while meeting strict manufacturing requirements. These capabilities collectively advance AI-native tools for design, verification, manufacturing readiness, and digital twin methodologies, shortening design cycles, improving success rates, and delivering more reliable outcomes.Siemens and NVIDIA will jointly develop a scalable model for the next-generation AI factory, accelerating the industrial AI revolution and providing a high-performance platform for AI-accelerated industrial solutions from both companies.The model will balance the power, cooling, and automation requirements of next-generation high-density computing, while ensuring technology optimization in speed and efficiency, thereby optimizing the entire lifecycle from planning and design to deployment and operation.This joint effort connects AI platform roadmaps, AI infrastructure expertise, partner ecosystems, and accelerated simulation capabilities via NVIDIA Omniverse with Siemens’ strengths in electrical infrastructure, electrification, grid integration, automation, and digital twins. The companies aim to accelerate deployment, improve energy efficiency, and enhance sustainable operations for industrial-scale AI infrastructure globally.Siemens and NVIDIA plan to accelerate each other’s operations and solution portfolios by implementing technologies within their own systems before expanding across industries. NVIDIA will evaluate Siemens’ solutions to streamline and optimize its operations and products, while Siemens will review workloads and collaborate with NVIDIA to accelerate performance and integrate AI into its customer offerings. By mutually driving improvement and optimizing internal systems, Siemens and NVIDIA are creating concrete evidence of value and scalability in practical industrial production.Le Van

Siemens and NVIDIA aim to transform industrial production with AI, tackling challenges, enhancing digital twins, and shaping next-generation factories.

Siemens and NVIDIA expand AI partnership to drive industrial innovation

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2026/1/8/chip-1767838513016780707643.jpg" alt="Viet Nam National Multi-Project Wafer Coordination Center makes debut- Ảnh 1."></figure>The VNMPW/CC, headquartered in Ha Noi, is under the management of the Authority of Information Technology Application, the Ministry of Science and Technology.The center is tasked with supporting agencies, organizations, and individuals in pilot semiconductor chip production by providing tools and software libraries for semiconductor chip design, offering technical support in the design stages, and organizing pilot production activities for semiconductor chips.Meanwhile, it targets to train and develop human resources in the semiconductor field via organizing training courses and hands-on practice, and supporting universities in semiconductor chip design activities.The center aims to support startups and commercialization of semiconductor chip products, connect with investment funds and national funding programs to support startups, and provide support for measurement, testing, and performance evaluation of semiconductor chips after pilot production.It also focuses on developing the ecosystem and strengthening international linkages by building networks of agencies, organizations, and enterprises from countries with advanced semiconductor industries worldwide, sharing data and open technologies, encouraging the development of open semiconductor chip design libraries, and fostering a community for sharing chip design knowledge.Viet Nam has a large-scale electronic manufacturing base, with hardware export turnover exceeding US$132 billion in 2024, along with a young and abundant workforce, including 1.9 million people working in technology sector and more than 7,000 chip design engineers.The nation currently has more than 170 foreign direct investment projects in semiconductor sector with total capital of nearly US$11.6 billion, concentrating mainly in two stages, chip design and packaging and testing.Around 60 design companies, eight packaging and testing projects, and more than 20 companies manufacturing and supplying materials and equipment are already present in the country./.

The establishment of the Viet Nam National Multi-Project Wafer Coordination Center (VNMPW/CC), demonstrates the nation’s determination to building a complete semiconductor ecosystem, from design and pilot manufacturing to product commercialization.

Viet Nam National Multi-Project Wafer Coordination Center makes debut

On the afternoon of January 6, Prime Minister Pham Minh Chinh, Head of the Steering Committee for national key projects and important railway developments, chaired the Committee’s fifth meeting.In his concluding remarks, the Prime Minister called on the Steering Committee, together with relevant ministries, sectors and localities, to proactively implement assigned tasks and strengthen coordination in line with their respective functions, duties and mandates, underscoring the principle of clear accountability.&nbsp;<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/01/07/h-hjds-10383090.png" alt="The Prime Minister calls for expedited proposals on technology and investment models for the North - South high-speed railway. Photo: VGP"></figure>The Prime Minister calls for expedited proposals on technology and investment models for the North - South high-speed railway. Photo: VGPHe stressed the need to continue firmly upholding a spirit of high determination, strong effort and decisive, effective action, ensuring that each task delivers concrete outcomes and is carried through to completion.Work assignments must adhere strictly to the principle of “six clear responsibilities”: clear assignment of personnel, clear tasks, clear timelines, clear accountability, clear deliverables and clear authority. Each task must be specifically assigned, closely monitored, periodically reviewed, and subject to timely commendation, rewards or disciplinary measures as appropriate.At the same time, Prime Minister Pham Minh Chinh stressed the strict implementation of the “three concentrations”: concentration of leadership, concentration of human resources, and concentration of financial and material resources for these key projects. Heads of agencies and localities must take direct responsibility and personally oversee implementation.Project deployment must be guided by the principles of “three gains” and “two prohibitions.” The “three gains” include benefits for the State, for the people, and for businesses; the “two prohibitions” are no corruption or negative practices, and no waste or loss of public assets, resources or funds. Interests and risks must be harmonized and fairly shared among the State, enterprises and the public.Regarding state management tasks related to the railway industry, the Prime Minister instructed the Ministry of Industry and Trade, in coordination with other ministries, to submit to the Government by January 15 draft decrees on task assignment and public procurement. He also requested an urgent report on the restructuring plan for Vietnam Railways Corporation and assigned the Corporation to develop a project for the advancement of the national railway industry.The Prime Minister further assigned specific tasks to ministries, sectors and localities for the implementation of individual railway projects.For the North - South high-speed railway project, the Ministry of Construction was tasked, based on directives from the Politburo, with selecting the most appropriate technology and submitting it to the Standing Government for reporting to the competent authorities, to be completed before January 15. The Ministry is also required to appoint qualified consultants to prepare the feasibility study report in accordance with relevant procedures, regulations and authority.In parallel, the Ministry of Construction is to coordinate with relevant ministries and agencies to study and propose suitable investment models, public investment, public-private partnership (PPP) or commercial investment, for submission at the next Steering Committee meeting. Localities and Vietnam Electricity (EVN) are to accelerate site clearance and technical infrastructure relocation in line with approved plans and the National Assembly’s Resolution adopted at the 10th session of the 15th Legislature. Viettel and VNPT are to continue implementing assigned tasks related to control and signaling systems and technologies.For the Lao Cai - Hanoi - Hai Phong railway project, concerning the progress of Component Project No. 2, the Ministry of Construction was instructed to complete the feasibility study and approve the project by June 2026, enabling early commencement. The Ministry of Finance is responsible for ensuring sufficient funding for project implementation, including exploring favorable loan options where appropriate.Emphasizing the need to soon complete planning for the Hanoi - Lang Son and Hai Phong - Ha Long - Mong Cai railway lines, the Prime Minister also approved and welcomed Quang Ninh province’s proposal to serve as the investor for the Hai Phong - Ha Long - Mong Cai line, in accordance with the law.Regarding urban railway projects, the Prime Minister commended Hanoi and Ho Chi Minh City for proactively implementing metro lines within their authority, ensuring connectivity and technology transfer. Priority should be given to railway links connecting Tan Son Nhat Airport and Long Thanh International Airport, as well as the Van Cao - Hoa Lac line in Hanoi. The Ministry of Construction and the Ministry of Science and Technology were tasked with studying and developing national technical standards for urban railways, while relevant ministries are to support the resolution of bottlenecks related to land clearance, capital and procedures.The Ministry of Construction, in coordination with the Ministry of Education and Training and Vietnam Railways Corporation, was assigned to effectively implement the Project on Training and Developing Railway Human Resources to 2035, with a vision to 2045. A clear roadmap and concrete plans must be developed to ensure timely training of personnel for construction, management and operation of railway lines, particularly the Lao Cai - Hanoi - Hai Phong route.<blockquote>The Prime Minister called on ministries, sectors and localities to continue close coordination with the Ministry of Construction throughout all stages of project implementation, and requested the State Audit Office to provide auditing support from the outset of the projects. Deputy Prime Minister Tran Hong Ha was tasked with maintaining close oversight and direction, urging ministries, sectors and localities to act decisively and effectively, and to promptly address any difficulties or obstacles arising in the implementation process.</blockquote>Le Van

Chairing the 5th meeting of the railway projects steering committee, Prime Minister stresses clear task allocation, strict accountability and resource focus.

Prime Minister urges clear accountability and resources focus for rail projects

According to the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade, the Australian Anti-Dumping Commission (ADC) issued a notification on December 16, 2025, regarding the partial termination of its anti-dumping investigation into hot-rolled deformed steel reinforcing bar imported from Indonesia, Malaysia, Thailand, Turkey, and Vietnam.The investigation was initially launched on September 24, 2024, following an application filed by InfraBuild NSW Pty Limited under subsection No.269TB(1) of the Customs Act 1901. Based on the investigation findings, a review of the case files, and submissions from interested parties, the ADC decided to terminate the inquiry regarding specific enterprises from the subject countries, including Vietnam. Specifically, the commission determined that while one Vietnamese enterprise had engaged in dumping, the calculated dumping margin was less than 2 per cent of the weighted average export price. Under Australian regulations, this margin is classified as negligible, or de minimis. Consequently, the ADC terminated the investigation into this entity pursuant to subsection No.269TDA(1)(b)(ii) of the Act.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/12/24/bjs-16564270.png" alt="The ADC decides to terminate the inquiry regarding specific enterprises from the subject countries, including Vietnam."></figure>&nbsp;The ADC decides to terminate the inquiry regarding specific enterprises from the subject countries, including Vietnam.Termination Report No.655, which details the factual and legal grounds for the commission’s ruling, has been made available on the ADC’s public record at www.adcommission.gov.au. However, the Trade Remedies Authority of Vietnam noted that while the probe has been concluded for the specified enterprises, the anti-dumping investigation into hot-rolled deformed steel reinforcing bar remains active for other exporters and nations subject to the inquiry. In accordance with Australian law, the applicant, InfraBuild, retains the right to seek a review of the termination decision by submitting a formal application to the Anti-Dumping Review Panel within 30 days of the notice’s publication.Although the ADC has terminated the investigation for one Vietnamese exporter, which was identified as the largest shipper of the subject goods during the investigation period, the Trade Remedies Authority of Vietnam has advised continued vigilance. This caution is particularly relevant given the possibility that the applicant may petition the Anti-Dumping Review Panel to reconsider the ADC's termination decision.&nbsp;Furthermore, relevant Vietnamese steel manufacturers and exporters are urged to closely monitor the remaining stages of the proceedings. The authority recommended that these entities proactively cooperate with Australian investigators by providing complete information when requested and maintain tight coordination with the Trade Remedies Authority to manage any emerging issues. The agency emphasized that it will continue to oversee the situation closely and provide timely updates to the business community.Khanh Ly

Australia has officially ruled out the imposition of anti-dumping duties on hot-rolled deformed steel reinforcing bars originating from Vietnam.

Australia clears Vietnamese hot-rolled rebar of anti-dumping duties

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/344443456812359680/2025/12/26/bcpcdnchinhphuvn-334894974524682240-2025-12-24-uy-quyen-ky-hop-dong-lao-dong-1-17665679897681497346396-1766715259346145796280.jpg" alt="Electronic labor contracts shall be applicable next July- Ảnh 1."></figure>The Decree, scheduled to take effect from January 1, 2026, defines an electronic labor contract as a labor agreement concluded and enforced in the form of data messages in accordance with labor law and electronic transaction law.A electronic labor contract shall have the same legal validity as a traditional paper contract.Electronic labor contracts must be provided to both employees and employers as electronic data, using methods that they have mutually agreed on.The execution of electronic labor contracts is carried out through e-contract, which ensures compliance with all regulatory requirements.The e-contract is an information system for electronic transactions in concluding and executing electronic labor contracts. It is linked to the electronic labor contract platform, allowing employees and employers to create, digitally sign, store, retrieve and manage electronic labor contracts, as well as report labor usage and certify electronic labor contracts in accordance with regulations.By July 1, 2026, the electronic labor contract platform must officially become operational.&nbsp;Electronic labor contracts shall be concluded and executed in accordance with this Decree from July 1, 2026./.

The Government has promulgated Decree No. 337/2025/ND-CP, regulating electronic labor contracts.

Electronic labor contracts shall be applicable next July

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/344443456812359680/2025/12/25/hn-hcm-1766630941784144126489.jpg" alt="Ha Noi-HCM City air route remains world’s fourth busiest- Ảnh 1."></figure>Over 11 million seats were scheduled in 2025, a 4 percent increase in year-on-year and 8 percent above 2019 levels. This route is highly competitive with six carriers operating in 2025.Airfares on this route have decreased by 11 percent year-on-year with the average one-way ticket costing US$67.This 1,000-km corridor connects the nation's political and economic centers, underpinning the growth of Viet Nam's aviation industry.The two-hour flight is often dubbed the "golden line" by insiders—a title well earned by its staggering passenger numbers and strategic importance.The popularity of the Ha Noi–Ho Chi Minh City route reflects several intertwined factors. Viet Nam's economic growth, regional connectivity, and population density fuel demand for quick and efficient travel between the two cities. While Viet Nam's railway infrastructure is growing, air travel remains the fastest and most practical option for many.Economic drivers in both cities further amplify the demand. Ha Noi, the country's political heart, serves as a hub for government and education, while Ho Chi Minh City is Viet Nam's commercial powerhouse. Frequent business travelers, families visiting relatives, and an increasing number of tourists keep the route consistently busy.Viet Nam's aviation sector is one of the fastest-growing globally, bolstered by a blend of strategic policies, rising tourism, and low-cost carriers.The OAG's annual analysis of the world's busiest flight routes provides a comprehensive view of route performance and trends.The Busiest Flight Routes of 2025 examines airline capacity across the world's most popular air routes, using seat capacity data from January to December 2025-powered by OAG's Global Airline Schedules Data./.

Viet Nam’s largest domestic route between Ha Noi and Ho Chi Minh City is the fourth busiest route in the world, according to the UK-based global travel data provider OAG.

Ha Noi-HCM City air route remains world’s fourth busiest

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/344443456812359680/2025/12/19/olympic-17661068229621281035564-0-38-467-785-crop-1766106827988784236130-1766109800848482441624.jpg" alt="Viet Nam launches 234 key projects to celebrate Party Congress- Ảnh 1."></figure>A graphic image of the Olympic sports urban area project in Hanoi.The launching of key projects was held across 34 provinces and cities nationwide, targeting to celebrate the 11th National Emulation Congress and 14th National Party Congress.There are 148 projects starting construction and 86 projects being inaugurated and technically cleared, including 38 projects from ministries and agencies, 39 from corporations and state-owned enterprises, and 157 managed by local administrations.The total investment for these projects exceeds VND3.4 quadrillion (US$129 billion), of which state funding amounts to over VND627 trillion, accounting for 18 percent, while the remaining 82 percent, approximately VND2.79 quadrillion is sourced from non-budget sources.The ceremonies are organised both in person and online, with 79 locations nationwide, symbolising the 79th anniversary of the National Resistance Day (December 19, 1946 - 2025).Notable projects include the groundbreaking of the Olympic Sports Urban Area in Ha Noi, the launch of the first flight under the first phase of the Long Thanh International Airport project; the groundbreaking of the first component of the Lao Cai–Ha Noi–Hai Phong railway project; and the groundbreaking of the Red River Landscape Boulevard in Ha Noi.<h3 style="text-align:justify;">Key projects lay foundation for sustainable national development</h3>These key projects span critical sectors such as transport infrastructure, energy, urban development, digital transformation, industry, agriculture, healthcare, and education. Many are large-scale, inter-regional projects that serve as growth engines, helping to connect economic hubs, reduce logistics costs, and improve productivity across the country.A major contribution of the 234 key projects lies in strengthening national infrastructure. Flagship transport projects, including expressways, airports, seaports, and railways, are expected to improve connectivity between regions, facilitate trade and investment, and create new development corridors. This infrastructure upgrade will not only support domestic economic activities but also enhance Viet Nam’s integration into regional and global supply chains.The projects also play an important role in promoting economic restructuring and innovation-driven growth. Investments in renewable energy, digital infrastructure, high-tech manufacturing, and smart urban development contribute to the transition towards a greener, more resilient, and more modern economy. By prioritizing innovation and sustainability, these projects align with Viet Nam’s long-term development strategies and international commitments on climate change and green growth.In addition, the 234 key projects generate strong spillover effects for social development. They create millions of jobs, improve access to public services, and help narrow development gaps between regions. Projects in healthcare, education, and social infrastructure contribute directly to improving people’s quality of life and strengthening social security.The successful execution of the 234 key projects is expected to provide a powerful boost to economic recovery and long-term growth. More importantly, it will help lay a solid foundation for Viet Nam to achieve its development goals, advance towards a high-income economy, and realize the aspiration of prosperous and sustainable national development./.&nbsp;

The grand ceremony on the groundbreaking and inauguration of 243 key projects took place simultaneously nationwide at 9:00 AM on December 19.

Viet Nam launches 234 key projects to celebrate Party Congress

Building a centralized platform to standardize administrative proceduresOn December 18, at its headquarters, the Ministry of Industry and Trade (MoIT) held a training conference on operating the centralized information system for handling administrative procedures, marking a key transition from system development to preparation for official nationwide operation.The conference was jointly organized by the E-Commerce and Digital Economy Agency (iDEA) and VNPT Group, with the participation of iDEA leaders, representatives from MoIT departments and agencies, as well as officials from People’s Committees, Departments of Industry and Trade, and local authorities in all 34 provinces and centrally governed cities, both in person and online.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/12/18/z7339375546393d9b6a4a67b7e2723199ef92d3719f65a-17375655.jpg" alt="Le Hoang Oanh, Director General of the E-Commerce and Digital Economy Agency, delivers the opening remarks. Photo: Kimtamine"></figure>Le Hoang Oanh, Director General of the E-Commerce and Digital Economy Agency, delivers the opening remarks. Photo: KimtamineIn her opening remarks, Le Hoang Oanh, Director General of the E-Commerce and Digital Economy Agency, stressed that the training represents a pivotal step in moving from system construction to real-world operation. It aims to help local authorities master digital workflows for receiving, transferring, processing, and resolving administrative procedures in the industry and trade sector, ensuring seamless connectivity and synchronization between central and local levels.According to the Director General, the centralized public service system is not merely a technical tool, but also a key administrative reform instrument that helps transform the way administrative procedures are organized and operated toward greater transparency, standardization, and data-driven management.The deployment of the centralized system is aligned with major policies of the Party and Government on digital transformation and administrative reform. In particular, Conclusion Notice No. 35-TB/TGV dated July 11, 2025, of the Central Steering Committee’s Working Group on science, technology, innovation and digital transformation assigns ministries to restructure administrative procedures and provide online public services under a centralized model integrated with the National Public Service Portal.Under this approach, the central level builds the system, while localities exploit and use it in a unified manner ensuring consistency, convenience for citizens and businesses, cost savings, avoidance of duplicate investments, and overcoming fragmented, decentralized local systems.Implementing this mandate, the MoIT conducted field surveys in localities and assigned the iDEA, in coordination with VNPT, to develop the centralized administrative procedure information system in full compliance with guidelines under Official Dispatch No. 5721/BKHCN-CDSQG dated October 17, 2025, of the Ministry of Science and Technology on system architecture at ministerial and provincial levels.To date, the MoIT has completed the standardization of 277 administrative procedures under its decentralized authority and deployed them uniformly on the Ministry’s centralized system.The system is designed with a clear objective: establishing a shared platform at ministerial level for nationwide use, moving toward a single workflow, a unified set of electronic forms, and a centralized data system that is accurate, complete, clean, dynamic, and consistent. Electronic forms are designed once and applied nationwide, while any regulatory updates or data adjustments are implemented centrally across the sector.Data generated throughout the processing of administrative procedures are centralized, gradually forming a comprehensive industry and trade database. This lays the groundwork for reducing and replacing paper-based dossiers and enabling seamless integration with the National Public Service Portal under a “national digital one-stop-shop” model.Clarifying governance roles in the centralized modelAlongside clarifying the overall model and technical platform, the conference focused strongly on local-level implementation considered the decisive factor for effective system operation. In this context, the role of unit-level administrators was identified as critical, directly affecting consistency, continuity, and lawful authority from central to local levels.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/12/18/z7339375526241a8744f71abf4923f420b273bd030854a-17380064.jpg" alt="Overview of the training conference on operating the MoIT’s centralized administrative procedure system. Photo: Kimtamine"></figure>Overview of the training conference on operating the MoIT’s centralized administrative procedure system. Photo: KimtamineUnder the system design, the unit administrator holds the highest level of authority at the provincial level for industry and trade administrative procedures. This role may be performed on a full-time or concurrent basis and is directly responsible for data management, user administration, and configuration of administrative procedures, ensuring accurate reflection of local organizational structures and compliance with assigned authority.Clearly defining this role aims to strengthen local accountability, enhance proactive system use, and avoid over-reliance on technical service providers. It is also a core requirement for ensuring the effectiveness of the “central build - local use” model.The unit governance framework is built around four main pillars: improving system operational efficiency; ensuring strict compliance with procedures and authority; enhancing provincial initiative; and maintaining complete, accurate, and unified administrative data. These are essential prerequisites for turning administrative data into a valuable resource for management, supervision, and administrative reform.Training content focused on helping administrators operate all key system components in a synchronized manner from organizational structures, user and time management, to data standardization of administrative fields, procedures, and workflows ensuring smooth, unified operation that meets practical management needs.Key elements such as agency directories, user lists, working time management, sector classification, and workflow configuration were highlighted as critical technical factors enabling automated deadline calculation, progress tracking, and compliance monitoring. These elements form the basis for enhancing transparency, accountability, and service quality for citizens and businesses.At the conclusion of the conference, the MoIT urged local authorities to promptly complete preparation tasks, actively participate in the pilot operation phase, and provide timely feedback on challenges, ensuring smooth and synchronized nationwide operation of the centralized administrative procedure information system from January 1, 2026.Beyond equipping officials with technical skills, the training conference underscored the MoIT’s determination to transform administrative procedure management from a fragmented model to a centralized, data-driven approach. Once operational, each processed dossier will not only be handled more efficiently and transparently, but also become a “data unit” serving management, oversight, and policy formulation contributing to more effective state management and improved service quality for citizens and businesses in the industry and trade sector.Kim Bui

Vietnam’s Ministry of Industry and Trade trained local authorities to operate a centralized public service system, ahead of nationwide implementation.

MoIT trains nationwide rollout of centralized public service system

On December 15, at the headquarters of the Ministry of Industry and Trade, Deputy Minister Nguyen Hoang Long held a working meeting with representatives of the International Renewable Energy Agency (IRENA).At the meeting, IRENA announced that Vietnam had officially become a member of the agency as of November 7, following the completion of accession procedures in accordance with its regulations. This milestone marks an important step in Vietnam’s deepening international integration in the field of renewable energy and sustainable energy transition.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/12/16/ttlong-11064451.jpg" alt="Deputy Minister of Industry and Trade Nguyen Hoang Long with representatives of IRENA."></figure>Deputy Minister of Industry and Trade Nguyen Hoang Long with representatives of IRENA.&nbsp;&nbsp;&nbsp;Vietnam’s accession to IRENA is in line with the Party’s and the State’s policies on energy transition, renewable energy development and green growth, and is consistent with key orientations set out in Resolution No. 59-NQ/TW on international integration in the new context and Resolution No. 70-NQ/TW on ensuring national energy security to 2030, with a vision to 2045, issued by the Politburo, as well as the National Energy Development Strategy and Vietnam’s international commitments made at COP26 toward achieving net-zero emissions.IRENA is the world’s leading organization in renewable energy, established in 2009, with a current membership of 170 countries and the European Union. The agency plays a central role in supporting countries in policy and strategy development, access to technology, data and analysis, and in promoting cooperation and investment in renewable energy.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/12/16/ttlong2-11064620.jpg" alt="Deputy Minister of Industry and Trade Nguyen Hoang Long."></figure>Deputy Minister of Industry and Trade Nguyen Hoang Long.&nbsp;&nbsp;&nbsp;Deputy Minister Nguyen Hoang Long emphasized: “Vietnam’s official accession to IRENA marks an important step in the international integration of the energy sector, creating favorable conditions for Vietnam to enhance policy exchanges, access databases, analysis and technical assistance to support planning and the development of renewable energy and the energy transition in line with approved orientations.”Participation in IRENA enables Vietnam to access comprehensive data systems, reports and in-depth analyses on global renewable energy trends; strengthen experience-sharing and access to advanced technologies; and enhance capacity in policy formulation and in designing roadmaps for renewable energy development suited to domestic conditions.Within the IRENA framework, Vietnam will also have greater opportunities to connect with international financial institutions, development partners and investors, thereby promoting the mobilization of investment resources for renewable energy and new energy projects such as offshore wind power, solar power, green hydrogen and energy storage solutions.An IRENA representative stated: “We highly appreciate Vietnam’s energy development policies, including those on renewable energy, and believe that Vietnam’s accession to IRENA will open up many practical opportunities for cooperation in policy support, project development and resource mobilization for the energy transition.”Vietnam’s accession to IRENA demonstrates the country’s strong commitment to proactive and responsible participation in global efforts to address climate change, develop clean energy, and ensure energy security in tandem with sustainable socio-economic development.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/12/16/ttlong1-11064765.jpg" alt="IRENA representatives."></figure>IRENA representatives.&nbsp;&nbsp;&nbsp;In the coming period, the Ministry of Industry and Trade will closely coordinate with IRENA and relevant partners to effectively implement cooperation activities, fully leverage technical assistance, policy advice and cooperation opportunities offered by IRENA, in line with Vietnam’s energy development orientations.Lê An

Vietnam officially becomes a member of IRENA, opening new opportunities for cooperation in renewable energy and energy transition.

Vietnam joins IRENA, expands cooperation on renewable energy

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2025/12/12/adb-17655076874851999524774.jpg" alt="ADB lifts Viet Nam’s growth forecast to 7.4 percent in 2025- Ảnh 1."></figure>The Asian Development Bank has raised Viet Nam's growth forecast to 7.4% in 2025.In its latest Asian Development Outlook, ADB upgrades growth forecast for developing economies in Asia and the Pacific by 0.3 percentage points to 5.1 percent.The regional upgrade comes as exports outperform expectations and trade uncertainty eases following the conclusion of several trade agreements with the U.S.&nbsp;The ADB report highlights that robust exports—especially of semiconductors and other technology products—together with cooling inflation and stable financial conditions, have strengthened the region's overall growth prospects.Developing Asia is now expected to expand 5.1 percent in 2025, higher than the 4.8 percent projected in September, while the 2026 outlook has been nudged up to 4.6 percent."Asia and the Pacific's solid economic fundamentals are underpinning robust export performance and steady growth, despite a global trade environment clouded by historic levels of uncertainty over the past year," said ADB Chief Economist Albert Park.He noted that although new trade agreements have helped ease some uncertainty, "external and other challenges could still weigh on the outlook." The chief economist called on governments across the region to continue fostering open trade and investment to sustain growth momentum.ADB cautioned that risks to the region include renewed trade tensions, financial market volatility, geopolitical strains, and the possibility of a deeper-than-expected downturn in China's property sector.HSBC recently upgraded Viet Nam’s 2025 and 2026 growth forecast to 7.9 percent and 6.7 percent, respectively, the highest in ASEAN. UOB raised Viet Nam's growth forecast to 7.7 percent in 2025, while Standard Chartered predicted that the Vietnamese GDP growth would accelerate to 7.5 percent in 2025 and 7.2 percent in 2026./.

The Asian Development Bank (ADB) has revised its 2025 economic growth forecast for Viet Nam to 7.4 percent, up from 6.7 percent.

ADB lifts Viet Nam’s growth forecast to 7.4 percent in 2025

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2025/12/11/202512110815440516z731431465078512757b151ed9a081d545a38ab3a7575e-17654190711921012789799-1765440831700538773764.jpg" alt="Viet Nam passes law banning e-cigarette, heated tobacco businesses- Ảnh 1."></figure>The National Assembly passes the amended Investment Law, Ha Noi, December 11, 2025Besides, the law prohibits investment and business activities in such areas as trading narcotic substances; trading certain chemicals and minerals; trading specimens of wild flora and fauna taken from nature; prostitution; human trafficking and the trading of human tissues, bodies, body parts, or fetuses; business activities related to human cloning; trading explosive fireworks; debt collection services; trading and purchasing national treasures; and export of relics and antiques.Investment projects that manufacture e-devices for e-cigarettes and heated tobacco in Viet Nam solely for export must be registered or approved by competent state authorities before January 1, 2025.The law shall take effect on March 1, 2026, except for several provisions that become effective on January 1, 2026, and July 1, 2026./.

Viet Nam will official ban on investment and business activities related to e-cigarettes and heated tobacco from 2026, according to the amended Investment Law approved by the National Assembly on December 11.

Viet Nam passes law banning e-cigarette, heated tobacco businesses

According to the Law on Promulgation of Legal Normative Documents, the Government instructed the drafting agency to thoroughly review and incorporate legitimate recommendations from National Assembly deputies, the appraisal agency and conclusions of the National Assembly Standing Committee. These inputs were fully reflected in the revised draft of the Law on E-commerce submitted for approval.On behalf of the Government, Minister of Industry and Trade Nguyen Hong Dien delivered the report on revisions and explanations before the National Assembly.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/12/10/screenshot-2025-12-10-123101-12311623.png" alt="Minister of Industry and Trade Nguyen Hong Dien delivers the report on revisions and explanations before the National Assembly."></figure>Minister of Industry and Trade Nguyen Hong Dien delivers the report on revisions and explanations before the National Assembly.Clarifying obligations for social media e-commerce and livestreamed salesResponding to comments from deputies, the drafting agency defined clear responsibilities for all actors involved in livestreamed sales, including sellers, hosts and platform operators, to enhance transparency, strengthen legal accountability and support inspections, supervision and enforcement.For social media platforms engaging in e-commerce activities, the law establishes them as a distinct category with obligations tailored to their operational nature. While not applying intermediary platform regulations mechanically, the law ensures no regulatory gaps exist, especially regarding content management, coordination in handling violations and consumer protection.Strengthening seller identification and market transparencyProvisions on seller identification draw on the national electronic identification and authentication system (VNeID). This aims to improve market transparency, curb counterfeit and IP-infringing goods through better traceability, and assist tax authorities in preventing revenue losses.The Government reaffirmed the principle of maximising the use of existing digital infrastructure and state data to avoid unnecessary administrative procedures for citizens and enterprises while ensuring that authorities retain effective enforcement tools.Responsibilities of foreign platforms operating in VietnamIn line with deputies' feedback, revisions were made based on the operational model and functions of e-commerce platforms. Requirements on appointing authorised representatives or establishing legal entities in Vietnam will be determined according to each platform’s structure and activities, ensuring consistency with international commitments while enhancing state management and safeguarding lawful consumer interests.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/12/10/10-qh-thong-qua-luat-tmdt-1-12293115.jpg" alt="The National Assembly convenes a plenary session on December 10."></figure>The National Assembly convenes a plenary session on December 10.&nbsp;&nbsp;Ensuring timely issuance of implementing regulationsImmediately after the law’s adoption, the Government will issue an implementation roadmap, ensuring that all guiding documents are clear, feasible and consistent with related legislation, without creating new administrative burdens. The plan will also emphasise risk-based supervision, data-driven post-inspection, and clearly defined responsibilities for all actors in e-commerce. Importantly, these guiding documents will take effect concurrently with the law.Addressing detailed recommendations from deputiesDeputies also commented on specific aspects of the draft, including: (1) transaction thresholds for foreign platforms; (2) deposit requirements for certain foreign platforms to guarantee compensation for consumers and fulfil financial obligations to the State; (3) reporting mechanisms; (4) administrative procedures and (5) violation handling and policies promoting e-commerce development.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2025/12/10/screenshot-2025-12-10-123342-12335510.png" alt="An overview of the National Assembly’s plenary session on December 10."></figure>An overview of the National Assembly’s plenary session on December 10.Minister Dien affirmed that these suggestions had been fully absorbed and will be further detailed in the implementing decrees, in line with Resolution 66, Resolution 68 of the Party Central Committee and Resolution 198/2025 of the National Assembly. The guiding documents will continue to streamline administrative procedures, simplify regulations, reduce compliance costs and avoid new bottlenecks for production and business activities.“With a spirit of responsibility and receptiveness to feedback from National Assembly deputies, the Standing Committee and the appraisal agency, the Government believes that the revised draft Law on E-commerce reflects greater coherence and alignment with Party and State policies. It meets the requirements of state management in the digital economy while protecting the legitimate rights and interests of consumers and ensuring a transparent, fair business environment,” Minister Dien said.Scope and entry into forceThe Law on E-commerce comprises 7 chapters and 41 articles. It provides regulations on e-commerce development policies; e-commerce platforms and responsibilities of organisations and individuals participating in e-commerce; cross-border e-commerce; responsibilities of entities providing supporting services; and the application of technology in enforcement and violation handling.The law applies to both domestic and foreign organisations and individuals engaged in e-commerce activities in Vietnam and will take effect on July 1, 2026.Le Van

On the morning of December 10, the National Assembly adopted the Law on E-commerce with 444 out of 446 deputies present voting in favour.

Vietnam adopts e-commerce law to strengthen platform oversight

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/344443456812359680/2025/12/3/4687415339341624485738nmc-17647307637462038229320.jpg" alt="Viet Nam, Laos to set strategic directions for next phase of cooperation- Ảnh 1."></figure>Deputy Minister of Foreign Affairs Nguyen Manh CuongDeputy Minister of Foreign Affairs Nguyen Manh Cuong announced that the meeting holds special significance as it follows closely after the high-level talks between the Communist Party of Viet Nam (CPV) and the Lao People's Revolutionary Party (LPRP). It also comes at a time when both countries are reviewing the implementation of cooperation agreements for the 2021–2025 period and discussing orientations for a new, more strategic phase of collaboration.Nguyen said that committee remains a key mechanism for implementing the recent upgraded framework of "great friendship, special solidarity, comprehensive cooperation and strategic cohesion" agreed upon by the two Parties and States.The Deputy Minister said the two sides will conduct a comprehensive assessment of cooperation outcomes across all fields over the past five years. Despite global and regional headwinds—including major-power competition, natural disasters, epidemics and the lingering impacts of COVID-19—Viet Nam and Laos have maintained stable ties and strengthened effective cooperation.Under the close direction of the two Parties and governments, ministries, sectors and localities have coordinated flexibly and proactively. Many major projects, especially during 2024–2025, have overcome longstanding bottlenecks and accelerated progress, generating new momentum for cooperation in politics, the economy, defense, security and socio-cultural affairs.Both sides have also organized a conference to disseminate and implement high-level agreements, contributing to strengthening their great friendship, special solidarity and comprehensive cooperation.Viet Nam currently has 267 investment projects in Laos with a total registered capital of US$6.21 billion, of which about US$3 billion has been disbursed. Large projects in telecommunications, banking, agriculture, energy and food processing are operating effectively, generating employment and contributing to socio-economic development in both countries.Between 2021 and 2025, the Lao Government granted investment licenses to Vietnamese projects worth US$4.3 billion. Vietnamese enterprises contribute an average of US$200 million annually to the Lao state budget through taxes and other financial obligations.Bilateral trade has surpassed targets set by the two countries' leaders, with both sides working toward raising trade turnover to US$5 billion in the coming years. They have also expanded the use of bilateral digital payment systems, enhancing economic connectivity and facilitating trade and investment flows.Coordination between Party committees, ministries, National Assemblies, mass organizations and localities has deepened and become more result-oriented, aligned with high-level agreements and government-to-government cooperation plans.Looking ahead, Deputy Minister Nguyen was convinced that with strong leadership and active participation from ministries, localities and businesses on both sides, Viet Nam and Laos will continue to achieve substantive progress. He affirmed that the special relationship between the two countries will grow even more vibrant and strategic in the next phase of cooperation.Earlier, Prime Minister Pham Minh Chinh arrived in Vientiane on December 2 morning, beginning his working trip to Laos to attend a high-level meeting between the Communist Party of Viet Nam (CPV) and the Lao People's Revolutionary Party (LPRP), and to co-chair the 48th meeting of the Viet Nam–Laos Intergovernmental Committee.At the 48th meeting, the two Government delegations will review the implementation of cooperation agreements under the 2021–2025 Viet Nam–Laos Cooperation Plan. They will also discuss cooperation orientations and tasks for the 2026–2030 period and 2026 specifically, in order to concretize conclusions reached at the recent meeting of the two Politburos./.

The 48th meeting of the Viet Nam–Laos Inter-Governmental Committee, co-chaired by Vietnamese Prime Minister Pham Minh Chinh and Lao Prime Minister Sonexay Siphandone, reaffirms the highest level of political commitment to nurturing the unique Viet Nam–Laos relationship. It also underscores the committee’s central role as a platform for resolving bilateral issues, coordinating policies, and driving joint development.

Viet Nam, Laos to set strategic directions for next phase of cooperation

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2025/12/2/tl-laos1-17646906457061572265746.jpg" alt="Top Vietnamese, Lao Party leaders co-chair high-level meeting in Vientiane- Ảnh 1."></figure>General Secretary of the Communist Party of Viet Nam Central Committee To Lam (left) and General Secretary of the Lao People's Revolutionary Party Central Committee and President of Laos Thongloun Sisoulith co-chair a high-level meeting between the two Parties in Vientiane, Laos, December 2, 2025.The meeting is the highest-level cooperation mechanism that holds special significance to guiding and developing the great friendship, special solidarity, comprehensive cooperation, and strategic cohesion between Viet Nam and Laos in a substantive manner, thereby generating practical benefits for the two peoples and contributing to regional and global peace, security, and prosperity.The two leaders briefed each other on the situations of their respective Parties and countries; reviewed outstanding achievements in bilateral cooperation; discussed mechanisms to create breakthroughs in the Viet Nam – Laos relationship in the new context; and exchanged views on some international and regional issues of common concern.General Secretary To Lam congratulated the Lao Party and State on the successful organisation of the 50th National Day celebration, stressing that Vietnam always attaches importance to developing the relations with Laos and considers this as the top priority in Viet Nam’s foreign policy.For his part, the top Lao leader highlighted that the presence of high-ranking leaders from the Vietnamese Party and State gave this year’s Lao National Day celebration greater significance.<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/344443456812359680/2025/12/2/-hanh-trung-uong-dang-cong-san-viet-nam-to-lam-va-tong-bi-thu-ban-chap-hanh-trung-uong-dang-nhan-dan-cach-mang-lao-chu-t-8446666-1764690392052-17646903934521558288055.jpg" alt="Top Vietnamese, Lao Party leaders co-chair high-level meeting in Vientiane- Ảnh 2."></figure>General Secretary of the Communist Party of Viet Nam Central Committee To Lam (second, left) and General Secretary of the Lao People's Revolutionary Party Central Committee and President of Laos Thongloun Sisoulith witness the signing of an agreement between the two Parties' Politburos. (Photo: VNA)The two leaders highly valued the significant, comprehensive, and historic achievements obtained by the two Parties, States, and peoples, particularly in implementing the countries' respective Party Congress resolutions and preparing for their upcoming National Party Congresses. They expressed gratitude to each other's Parties, countries, and peoples for the wholehearted and sincere mutual assistance throughout history, and reaffirmed the importance of the special Viet Nam – Laos relationship amid the fast and complex regional and international developments.They expressed their satisfaction with the intensive, extensive, effective, and substantive progress in Viet Nam – Laos cooperation.Looking back on major cooperation results over the pat year, General Secretary and President Thongloun Sisoulith emphasised that the two sides have successfully implemented the high-level agreements between the two Parties and States; while ministries, sectors, all-level authorities, and businesses of the countries have proactively carried out the memoranda of understanding on cooperation between the two Parties, States, and Governments in an active, effective, and practical manner. He affirmed that the strong political ties continue to serve as a solid foundation and create motivation for stronger cooperation across all fields.The two sides praised the increasingly tightened and effective defence – security cooperation, recognising it as an important pillar of the bilateral relations.The countries have coordinated in successfully implementing many projects to help Laos strengthen its defence and security capacity, and carried out cooperation plans and programmes in a high-quality and fruitful manner. They have also properly conducted the search, collection, and repatriation of the remains of Vietnamese volunteer soldiers and experts who laid down their lives in Laos during wartime. Additionally, the two sides have enhanced coordination with Cambodia to organise the trilateral meeting among the Party leaders, reaching consensus on long-term development directions and giving the top priority to the close and strategically significant relationship among the three countries.The two leaders also noted that economic, trade, and investment cooperation has been actively promoted and shown improvements while key joint projects progressed on schedule, thus contributing to better life quality for the two peoples. Cultural, educational, and scientific-technical exchanges have continued to advance with tangible results. Cooperation between the two Parties' commissions, ministries, and Government agencies of Viet Nam and Laos, together with people-to-people and locality-to-locality exchanges, has been fostered.They stressed that the comprehensive cooperation between the two nations has greatly contributed to socio-economic development, national defence – security, as well as political stability and social order and safety in each country.Amid a volatile regional and global context, the two leaders affirmed their commitment to further strengthening and deepening the “great friendship, special solidarity, comprehensive cooperation, and strategic cohesion” between Viet Nam and Laos through the existing practical and effective cooperation mechanisms. They will also establish new mechanisms agreed upon by high-ranking leaders, thereby actively helping with the realisation of the development goals of each county.The two sides affirmed their commitment to further deepening the relationship between the two Parties and countries, viewing it as the core pillar strategically guiding the Viet Nam – Laos comprehensive cooperation.They reiterated the consistent policy of standing shoulder to shoulder, and supporting each other in the national renewal, construction, and defence process. They stressed that the Viet Nam – Laos relationship is always the top priority in each country’s foreign policy, representing an exemplary and long-term strategic relationship and a decisive factor in the success of each nation’s revolutionary cause.They pledged to closely coordinate in strategic issues related to security and development, while jointly preparing for the successful organisation of their respective national Party congresses.The two underlined and affirmed the strategic importance of further enhancing the pillar of defence, security, and diplomatic cooperation to firmly maintain political – security stability and social order, calling this as one of the important pillars of the special bilateral ties.They promised to continue optimising the existing cooperation mechanisms while reforming and improving coordination in all aspects. Given this, they will consider establishing new and suitable cooperation mechanisms to further strengthen the special Viet Nam – Laos solidarity, bring tangible benefits to their peoples, and contribute to peace, cooperation, and development in the region and the world.The two leaders also agreed that their countries will continue timely information exchange, consult on stances, coordinate closely, and support each other at international and regional forums.At the meeting, Vietnamese Prime Minister Pham Minh Chinh and his Lao counterpart Sonexay Siphandone highly valued the achievements in economic, trade, investment, cultural – educational, and scientific – technical cooperation between the two countries.The two sides agreed to step up trade and investment links, viewing this as a crucial pillar of the Viet Nam – Laos strategic cohesion. They pledged to effectively implement the joint statements, high-level agreements, and cooperation programmes between their ministries, agencies, and localities; enhance economic connectivity and complementarities; and actively resolve difficulties and obstacles in the implementation process.The two sides also discussed specific directions and measures to enhance economic and trade partnerships in the coming period, emphasising the need for a strong and breakthrough shift to make economic, trade, and investment collaboration a pillar of the strategic cohesion, commensurate with the political relationship and the potential of each country.They agreed to fuel bilateral trade with the near-term turnover target of 5 billion USD and a longer-term target of 10 billion USD. Priority will be given to resolving outstanding problems and strengthening connectivity, with a focus on mobilising resources for key infrastructure connectivity projects such as the Hanoi – Vientiane Expressway, the Viet Nam – Laos industrial zone model, and the cross-border economic zone model along the East – West economic corridor.In addition, Viet Nam and Laos will expand cooperation between their Party and State agencies, Front cooperation, mass organisations, and people’s organisations. They will strengthen coordination and mutual support in socio-economic development, as well as in ensuring security and stability in border areas, thus contributing to the special relationship between the two countries./. VNA

General Secretary of the Communist Party of Viet Nam Central Committee To Lam and General Secretary of the Lao People's Revolutionary Party Central Committee and President of Laos Thongloun Sisoulith co-chaired a high-level meeting between the two Parties in Vientiane on December 2.

Top Vietnamese, Lao Party leaders co-chair high-level meeting in Vientiane

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Google has now become the number one search engine in the world. In Vietnam, 90% of internet users use Google for their need of internet search

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