According to the article citing the World Bank’s recent report, the Vietnamese Government’s efforts have been paid off as its trade liberalisation opened the door to new agreements, lowering taxes for international commerce operations, and increasing regional competitiveness. To date, the Southeast Asian country has successfully inked 16 bilateral and multilateral free trade deals. Also, it has become a member of the World Trade Organisation (WTO), the Association of Southeast Asian Nations (ASEAN), and the Eurasian Customs Union.
Eliminating excessive controls and providing a clearer framework for doing businesses in several key industries have played a crucial role in boosting the country’s business development.
The article mentioned new challenges for the country when the number of businesses keeps growing and the economy’s scale continues expanding. It said that Vietnam should pay due attention to education with a view to elevating quality standards, and infrastructure investments which help supply more energy and improve connectivity within the country.
Last month, World Economic Forum (WEF) President Borge Brende praised Vietnam’s economic performance at the Vietnam Business Summit. He pointed out the positive impact of the numerous economic reforms implemented by the government over the last few years to reduce debt and stabilize public finance, the writing said.
According to Vietnamese Minister of Finance Dinh Tien Dung, the country’s public debt had risen to 64 percent between 2011 and 2015; however, thanks to latest reforms, debt is expected to decrease to 60 percent in three years (from now). In addition, Vietnam reached an economic growth peak for the decade at 6.8 percent, outperforming its target of 6.7 percent.
Brende said that Vietnam could benefit from the creation of a friendly environment for innovative technologies like the Internet of Things, blockchain and crypto. Countries that quickly adopt these technologies can expect a brighter future.
In fact, Prime Minister Nguyen Xuan Phuc ordered the establishment of a national committee for e-government in August. This aims to study and elaborate guidelines, strategies and policies to create a legal environment favourable for developing digial government.
A report from the AlphaBeta Consulting firm, Vietnam ranks second in high-tech investment environment, and third in digital competence in the Southeast Asia.
VNA
SSI forecasts a 28% year-on-year increase in after-tax profit attributable to the parent company of Vinh Hoan Corporation (VHC), driven by a gradual improvement in average selling prices from USD 3.15/kg in 2024 to USD 3.30/kg (+5%) in 2025. An Giang Fisheries Import-Export Joint Stock Company (ANV)'s after-tax profit attributable to the parent company is projected to rebound by 104%.
In 2025, the Mekong Delta province of Bac Lieu aims to earn 1.2 billion USD from exporting shrimp, one of the key export products that accounts for over 95% of its total export value.
(seafood.vasep.com.vn) The Report on Vietnam Pangasius Sector 2015–2024, produced and released by the Vietnam Association of Seafood Exporters and Producers (VASEP) in January 2025, is expected to provide enterprises, importers, and government agencies with a comprehensive overview of key developments in Vietnam's pangasius production and export over the past decade. In addition to highlighting achievements, the report identifies existing challenges and analyzes future opportunities and threats for the pangasius industry.
(vasep.com.vn) Overcoming two years of fluctuation in both export markets and domestic production, Vietnam's pangasius industry has demonstrated resilience, adaptability, and a strong determination to seize opportunities and boost exports to various markets. As a result, in 2024, pangasius exports reached USD 2 billion, a 9% increase compared to 2023. This achievement is a source of pride for Vietnam's aquaculture and agriculture sectors.
(seafood.vasep.com) Speaking at a conference to implement the 2025 plan of the Ministry of Agriculture and Rural Development, Prime Minister Pham Minh Chinh urged the agricultural sector to strive for a total export turnover of agricultural, forestry, and fishery products reaching $70 billion by 2025.
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
In 2025, seafood exports are expected to continue to grow better and could reach 11 billion USD as in 2022. However, this is also the year the seafood industry will face challenges, including increased competition from other countries, trade wars and market barriers...
(seafood.vasep.com.vn) On the afternoon of December 25, at Toan Thinh Conference Center (Soc Trang City), the Soc Trang Fisheries Sub-department, under the Department of Agriculture and Rural Development of Soc Trang, held a conference to review the 2024 aquaculture activities and outline the brackish water shrimp farming plan for 2025. The event was attended by Ms. Quach Thi Thanh Binh, Deputy Director of the Department of Agriculture and Rural Development of Soc Trang.
The Mekong Delta province of Soc Trang aims to achieve export value of over 1.9 billion USD in 2025 by boosting production and processing of key products such as seafood, high-quality rice, fruits, and garments.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
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