Markets

The aforementioned models have never made it into the monthly top 10 best-selling cars. Notably, the VinFast models have yet to be officially released to the market.

The industrial sector is pivotal to a country's economy. To reconcile the goals of high growth and sustainable development, embracing green industry practices is imperative.

In 2024, Vietnam successfully maintained inflation at a manageable level, supporting economic growth. The prices of goods and services in the market remained largely stable, with no significant fluctuations. The average consumer price index for 2024 rose by 3.63% compared to 2023, meeting the target set by the National Assembly. This achievement reflects the effective economic policies implemented by the Vietnamese government, ensuring a stable and favorable environment for businesses and consumers alike.

The seafood export turnover of Vietnam to the US market in June 2025 witnessed a significant drop of 26% compared to June 2024. This decline can be attributed to the proactive decision made by seafood enterprises in June to halt exports to the US to circumvent the risk of high tariffs.

To meet the demands of a new era - an era of national prosperity - Vietnam aims for double-digit economic growth consistently over the next one to two decades.

"Mr. Tran Luu Quang, Central Executive Committee member and Head of the Party Central Committee's Commission for Policy and Strategy, emphasized that the insights shared at the Vietnam Economic Forum 2025 are significant contributions to the formulation of policies and strategies for achieving Vietnam's ambitious target of double-digit economic growth."

With a positive performance in Q2 2025, UOB has revised its GDP growth forecast for Vietnam in 2025 upwards to 6.9%, up from the previous estimate of 6%.

"Green growth is an inevitable global trend amidst escalating climate change. Vietnam stands at a pivotal juncture, poised to embark on a journey towards sustainable development. This transition hinges on technological innovation, a reformed growth model, and the integration of ESG [environmental, social, and governance] factors into business strategies. By embracing these changes, Vietnam can foster economic growth while effectively reducing emissions, thereby charting a course towards a greener and more resilient future."

Motorcycles and scooters are the primary mode of transportation in Vietnam, and their environmental impact has become a growing concern for authorities, experts, and the general public alike. The Ministry of Construction is currently seeking feedback on a draft national standard for fuel consumption limits for motorcycles and scooters.

In the past, e-commerce platforms allowed small businesses to list their products without verifying their quality. However, new regulations will require these platforms to provide certification of standards for all products listed, ensuring a more transparent and reliable shopping experience for consumers.