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80 years of independence: Vietnam's business investors in the fast lane!
On August 31, 2025, experts will discuss Vietnam's economic development after 80 years of independence and future opportunities.
80 years of independence: Vietnam's business investors in the fast lane!
A major online discussion on the Vietnamese economy will take place on August 31, with the theme “80 Years of Independence: Economic Courage, Striving for Development.” The aim of the event is to analyze the achievements of the Vietnamese economy since independence while discussing current opportunities and challenges. Loud Vietnam.vn the conditions for the country have changed significantly; Vietnam has evolved from an agricultural country into a popular destination for international investment.
The event will feature high-profile participants including Dr. Bui Thanh Minh, the deputy director of professional affairs, and Mr. Vu Thanh Thang, the director of CAIO Artificial Intelligence. There will be a review of the successes of the Vietnamese economy, as well as stories of the courage and determination of local business people.
Opportunities and challenges
A central topic of the discussion will be the analysis of the latest developments in Vietnam. Opportunities include investment shifts, new agreements, digital transformation, green development and sustainable development. On the other hand, there are challenges such as international competition, geopolitical tensions and technological innovations.
Of particular note, Vietnam is ranked among the top 20 fastest growing economies in the world and forecasts for GDP growth in 2024 are between 5.8 and 6.7 percent, reports Duanemorris.com.
The Vietnamese middle class is growing rapidly and currently makes up 13% of the population. This is forecast to rise to 26% by 2026, highlighting the potential for a growing consumer market. Hanoi and Ho Chi Minh City are considered two of the most dynamic cities in the world, further increasing their attractiveness for foreign direct investment (FDI).
Economic framework conditions
Through the conclusion of important international agreements, such as the Free Trade Agreement between Vietnam and the EU (EVFTA), the trade volume has increased significantly. Within the first four months of entry into force, trading volume increased to $17.8 billion, up 2.9% year-on-year. These developments create favorable conditions for companies and investors.
Around 900,000 companies currently operate in Vietnam, accounting for over 97% of the business landscape and generating around 45% of the national GDP. These small and medium-sized enterprises (SMEs) play a crucial role in the Vietnamese economy, employing more than 5 million people and contributing a significant portion of budget revenue.
Technological developments and innovations
The rapid spread of technological innovations is another key factor driving the growth of the Vietnamese economy. Young, technology-savvy workers and global technology companies in particular are promoting this progress. At the same time, however, it is often challenging for SMEs to access credit, which is why the government has set up special development funds.
This online discussion not only provides a platform for exchanging economic successes, but also a multi-layered perspective on the future of the Vietnamese economy. The solutions, expectations and goals discussed are aimed at supporting companies in their growth and strengthening them on the international market.