The Vietnam Economic–Financial Forum 2025, themed “Positioning Vietnam in a New Context: Strategic Vision for 2026–2030,” convened in Hanoi on December 5.
Jointly hosted by the Ministry of Finance (MoF), the German Agency for International Cooperation (GIZ), and the United Nations Office for Project Services (UNOPS), the forum addressed Vietnam’s evolving economic landscape.
In his keynote address, Mr. Do Thanh Trung, Deputy Minister of Finance, underscored Vietnam’s transition into a new development era marked by heightened strategic demands and a transformed global environment. “Vietnam must reposition itself, innovate resource mobilization, modernize its growth model, and expand sustainable development frontiers,” he stated.
Deputy Minister Trung outlined a new growth paradigm centered on total factor productivity, investment efficiency, and innovation. This model integrates traditional drivers—investment, exports, and labor—with emerging sectors like the digital, green, knowledge, and circular economies.
He emphasized the need for cohesive collaboration across sectors, with the government focusing on strategic infrastructure and regulatory transparency, while the private sector drives innovation in digital industries, manufacturing, and high-quality services.
The Ministry of Finance projects Vietnam’s 2025 GDP at approximately $510 billion, ranking 32nd globally and 4th in ASEAN, a five-position rise from 2024.
Deputy Minister Trung advocated for foreign direct investment (FDI) as a strategic, complementary capital source aligned with advanced technology transfer and ESG standards. He also stressed leveraging regional strengths and priority economic zones to maximize growth opportunities.
Mr. Nicholas George, UNOPS Deputy Regional Director for Asia–Pacific, highlighted global trends—climate pressures, supply chain shifts, and technological advancements—reshaping growth models. He noted Vietnam’s 2026–2030 agenda as critical for achieving higher value-added growth, sustainable urban development, and net-zero emissions goals.
Mr. George proposed a resilience- and sustainability-focused approach to navigate disruptions and capitalize on the global low-carbon transition. This includes clean industrial development, efficient energy systems, digitized public services, and hybrid public-private financing frameworks.
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