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Viet Nam’s GDP growth is leading the ASEAN-6, driven by domestic strength, foreign direct investment (FDI), and public investment. While some international organisations have urged caution, these factors continue to underpin the economy’s sustainable growth momentum.
PM Pham Minh Chinh demanded a more effective fiscal policy to complement monetary efforts, directing the central bank to focus on exchange rates, interest rates and risk management.
Ninh Binh’s state budget revenue exceeded 47.66 trillion VND (approximately 14.2 billion USD) in the eight months of 2025, meeting 62.4% of the full-year target and soaring 76% compared to the same period in 2024.
From independence in 1945, national reunification in 1975, to Doi Moi 1986, Vietnam’s journey has been extraordinary. Today, it stands as a regional leader with a long-term vision: to become a high-income, developed nation by 2045.
With the goal of developing tourism ecosystem in a smart manner, Ninh Binh province’s tourism sector has stepped up the application of digital technology and artificial intelligence to improve visitors’ experiences and connect tourism value chain.
Authorities are focusing on boosting traditional growth drivers such as investment, consumption, and exports while implementing a broad array of policy measures to maintain economic momentum.
With strong determination and tireless efforts on the ground, key transport infrastructure projects are being acccelerated. Thanks to this proactive approach, many are expected to be completed three to six months ahead of schedule, creating strong momentum to help surpass the 8% economic growth target for this year.
In the first six months of 2025, overseas Vietnamese missions carried out nearly 300 economic diplomacy events, including trade, investment, and tourism promotion activities. They supported localities in organising over 150 promotion activities both at home and abroad, and helped facilitate 30 agreements between Vietnamese localities and international partners.
Prime Minister Pham Minh Chinh called for an 11–12% year-on-year increase in total social investment. Meanwhile, greater efforts are needed to fully disburse public investment by December 31. Substandard housing for people with meritorious service must be eradicated by July 27, with nationwide completion slated for August 30.PM Pham Minh Chinh at the regular June cabinet meeting on July 3. (Photo: VNA)
Vietnam has recently issued a lot of strategic policies and mechanisms, which are expected to help it continue pursuing the economic growth target of at least 8% this year, in the context that the country is accelerating institutional reform and streamlining its organisational apparatus. Unloading goods at Hai Phong Port - Illustrative image (Photo: VNA)
Localities like Ha Nam, Nam Dinh, and Ninh Binh, when reorganised, could form a new growth pole, leveraging their combined potential in ecological, historical, and spiritual tourism.Tam Coc - Bich Dong tourist area.
After being badly-hit by the Covid-19 pandemic, Ninh Binh’s tourism sector is enjoying strong recovery with impressive revenue growth, from 682 billion VND to 10 trillion VND in 2025, thus contributing to affirm its position as an attractive destination in the Northern region.Ninh Binh Tourism Week 2025 themed “The Golden Colour of Tam Coc – Trang An” has attracted a huge number of domestic and foreign visitors.
The mergence of Nam Dinh, Ha Nam, and Ninh Binh aims to shape a modern, vibrant development space with Ninh Binh at its heart, transforming the region into a hub of smart and green industry and services by 2030, while preserving its unique identity as a national heritage centre.At the Party leader's working session with the Standing Boards of the Party Committees of Nam Dinh, Ha Nam, and Ninh Binh provinces on June 23.
The mergence of Ninh Binh, Nam Dinh, and Ha Nam provinces compensates for limitations in terms of area and population, contributes to streamlining the apparatus, and creates positive changes in state administrative management. At the same time, it contributes to increasing the economic scale, enhancing competitiveness, attracting investment, and maximising the potential and strengths of economic sectors.A seminar.
The provinces of Ninh Binh, Nam Dinh, Ha Nam, and Thai Binh have set a target of double-digit growth in 2025, contributing to the realisation of the national growth target of 8% or more. Right from the beginning of the year, the provinces have promoted the spirit of solidarity, self-reliance, and resolutely implementing many solutions, aiming to focus on promoting the advantages of each locality.Production in Hyundai Thanh Cong automobile manufacturing and assembly plant.
As one of the three pillars of the agricultural sector, alongside livestock and fisheries, forestry is being developed, not only with a focus on sustainability but also as a multi-objective industry that maximises its economic, environmental and climate resilience contributions.The Thanh Hoa Provincial Forest Protection Department, in coordination with the forest rangers at Xuan Lien National Park, conducts a patrol to protect the forest. (Photo: VNA/VNS)
Minister-Chairman of the Government Office Tran Van Son on March 14 had a working session with Ninh Binh’s leaders on the implementation of economic growth scenarios, public investment disbursement, import-export, building infrastructure and social housing and emulation drive to eradicate makeshift and dilapidated houses and other national targeted programmes in the province.The delegation and provincial leaders inspected the progress of a project on expanding the eastern North-South expressway’s Cao Bo-Mai Son section.
Prime Minister Pham Minh Chinh said great efforts are needed to complete 3,000 kilometres of expressways nationwide this year. He also highlighted other targets like putting into operation such aviation projects as Long Thanh International Airport and Terminal 3 at Tan Son Nhat International Airport, as well as various seaports.PM Pham Minh Chinh at the 16th meeting of the State Steering Committee for key national transport projects on March 9. (Photo: NDO)
Foreign Direct Investment (FDI) continues to be a significant contributor to Vietnam’s economic growth, with improvements in both the quantity and quality of projects thanks to proactive strategies in investor selection and outreach.Smartphone production at Samsung Thai Nguyen Factory. (Photo: THAI NGUYEN NEWSPAPER)
Vietnam has significant potential to improve its growth rate through the promotion of public investment, consumption, tourism, and the increasing contribution of high technology and digital transformation to economic expansion.The contractor is laying the first asphalt layer for package No. 21, part of component project 1 of the Bien Hoa-Vung Tau expressway, in the section passing through Dong Nai Province. (Photo: Cong Phong)
Prime Minister Pham Minh Chinh stressed that the country must pursue rapid but sustainable development, maintain high and continuous growth, uphold macroeconomic stability, control inflation, ensure major balances, and guarantee social welfare, as well as a sustainable, green, clean, and beautiful environment.An overview of the meeting held at the Government headquarters (Photo: VNA)
The National Assembly (NA) discussed a proposal to revise Vietnam’s 2025 economic growth target to at least 8% during its extraordinary ninth session on February 14.The National Assembly holds group discussions during the extraordinary session on February 14. (Photo: VNA)
International tourist arrivals to Vietnam also saw a significant increase at the end of January and the beginning of February, driven by favourable visa policies and effective promotional efforts by local authorities. Tourists in the Central Highlands city of Da Lat.
Though facing complicated weather developments and epidemics, Ninh Binh province’s fishery sector continued to maintain its growth momentum in terms of farming area, output and value.Local farmers also developed new species local farmers also developed new species.
The Vietnamese economy demonstrated remarkable resilience in 2024 and was estimated to achieve a growth rate of 7.09% despite global uncertainties, General Director of the General Statistics Office (GSO) Nguyen Thi Huong said on January 6. Vietnam's GDP is estimated to achieve a growth rate of 7.09% in 2024. (Photo: VNA)
