Vietnam - world’s top emerging economy: experts

Export potentials 09:53 24/10/2018
Embracing free trade policies, reducing overregulation and costs of doing business, and investing in human capital and infrastructure are three ingredients that help Vietnam become a top emerging economy in less than three decades, said a writing posted on the US hakernoon.com.

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

Bạn đang đọc bài viết Vietnam - world’s top emerging economy: experts tại chuyên mục Export potentials của Hiệp hội VASEP

TIN MỚI CẬP NHẬT

Vietnamese pangasius: from export recovery to the need for upgrading the value chain

 |  09:24 04/06/2026

(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.

Vietnamese tilapia accelerates growth, creating opportunities to upgrade product structure

 |  09:20 02/06/2026

(seafood.vasep.com.vn) In the first four months of 2026, Vietnam’s tilapia exports reached USD 49 million, up 151% compared to the same period in 2025. This impressive growth reflects positive momentum in the tilapia sector, with Brazil emerging as a key driver of growth, while frozen tilapia fillets continued to be the industry's leading export product.

Vietnam’s tuna market share in the UK expands while overall imports decline sharply

 |  08:50 31/05/2026

(seafood.vasep.com.vn) Vietnam’s tuna exports to the UK have shown positive signs in the first months of 2026. While the UK’s overall tuna imports from the world declined, imports from Vietnam increased strongly, indicating that there is still room for Vietnam to expand its market share. However, behind this growth, competitive pressure remains intense, especially as the UK continues to be a major market for established suppliers such as Ecuador, Mauritius, and Ghana.

Ca Mau pilots Biofloc technology in rice–shrimp farming models

 |  09:23 29/05/2026

(seafood.vasep.com.vn) Biofloc technology is being piloted in several rice–shrimp farming models in Ca Mau Province, showing initial positive results in controlling pond environments, improving shrimp seed quality, and supporting sustainable aquaculture development.

Latin America emerges as a growth driver for Vietnam’s pangasius exports

 |  09:21 28/05/2026

(seafood.vasep.com.vn) In the first four months of 2026, Mexico, Brazil, and Colombia together contributed USD 108 million to Vietnam’s pangasius exports, accounting for around 15% of the industry’s total export turnover. Amid tightening global whitefish supply and slowing demand in several traditional markets, Latin America is increasingly becoming an important expansion destination for the sector.

Ha Tinh expands high-tech red tilapia farming

 |  09:18 27/05/2026

(seafood.vasep.com.vn) Alongside the development of high-tech shrimp farming, Ha Tinh Province is accelerating the cultivation of high-value freshwater aquatic species, with red tilapia emerging as an effective and sustainable farming model.

Vietnamese tuna exports seek momentum from growth markets

 |  09:00 25/05/2026

(vasep.com.vn) Vietnam’s tuna exports reached USD 81 million in April 2026, down 6% compared to the same period in 2025. In the first four months of the year, export turnover totaled USD 289 million, down 4.8%. Although the overall export picture has yet to brighten significantly, market trends are becoming increasingly diversified rather than moving in a single direction.

Pangasius industry restructures from broodstock to enhance competitiveness

 |  08:59 23/05/2026

(seafood.vasep.com.vn) Vietnam’s pangasius industry is undergoing strong restructuring starting from the broodstock and fingerling segment in order to improve productivity, quality, and export competitiveness. This is considered a critical foundation for the sustainable development of the industry amid rising production costs and increasingly stringent market requirements.

Pangasius exports in April 2026 rise 18%, U.S. market shows signs of recovery

 |  08:21 21/05/2026

(seafood.vasep.com.vn) According to Vietnam Customs data, pangasius exports in April 2026 reached USD 206 million, up 18% compared to the same period in 2025 — marking another consecutive month of double-digit growth since the beginning of the year. Cumulative pangasius export turnover in the first four months of 2026 reached USD 720 million, up 17% year-on-year, reflecting the positive growth momentum of this key export product.

Shrimp exports in the first four months of 2026: Stable demand from Asia, rising pressure from the US market

 |  08:55 19/05/2026

(seafood.vasep.com.vn) Vietnam’s shrimp exports in the first four months of 2026 maintained positive growth momentum, reaching approximately USD 1.5 billion, up 15% compared to the same period last year. However, behind this result lies diverging trends across markets, as the global shrimp industry continues to face pressure from inflation, high inventories, price competition, and increasing trade risks.

VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM

Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội

Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO

Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu

Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông

Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn

Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh

Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn

VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội

Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC