Knowledge & Innovation

This category covers advancements in technology, education, and research, including startups, AI, fintech, and digital transformation. It highlights government policies on innovation, investment in R&D, and digital economy trends. As economies transition to knowledge-based industries, this section explores emerging technologies, automation, AI, and blockchain, showcasing how businesses and policymakers adapt to rapid innovation.

China warns against trade wars as Xi calls for deeper Vietnam economic ties

Chinese President Xi Jinping has warned that “trade war and tariff war will produce no winner,” while calling for stronger China–Vietnam economic cooperation and a united stand against protectionism, in a statement posted on Vietnam’s Nhan Dan news site, amid a state visit to Hanoi by the Chinese leader. Whereas the bulk of the statement was stock standard for high level talks between the two countries, there were a few timely points made on trade, including:

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Vietnam News Roundup: April 4 to April 10

This week’s Vietnam news roundup covers the latest: responses to US tariffs, State Bank open market operations, GDP and CPI numbers from the first quarter of 2025, the increase in the average income, and more…

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ADB maintains strong growth forecast for Vietnam but flags structural risks: Report

The Asian Development Bank (ADB) has maintained its 2025 GDP growth forecast for Vietnam at 6.0 percent, citing strong manufacturing, resilient domestic consumption, and increased public investment, according to its Asian Development Outlook (ADO) April 2024: Vietnam. Notably the report appears to have been compiled and completed prior to the tariff announcement made last week.

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Trump’s 46% tariff on Vietnam imports shocks businesses, rattles markets

President Donald Trump has announced a sweeping 46 percent import tariff on goods from Vietnam, citing trade imbalances and currency manipulation. Vietnam’s current average MFN tariff rate is 9.4 percent, significantly higher than the U.S. average of 3.3 percent, according to a White House press release. The U.S. also criticised Vietnam for restricting imports of remanufactured goods.

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Could Vietnam Benefit From a Bit of Polish ‘Shock Therapy’?

Vietnam wants to develop fast but this will require significant economic reforms and for those reforms to be implemented quickly. But whereas there is a tendency to look regionally for economic models to emulate, it might also be worth looking to the ex-Soviet Eastern European states, like Poland, which went from a low-income to high-income economy in only a few decades. With this in mind, this article looks at what Poland did that allowed for such a rapid change in its fortunes and whether or not Vietnam can do the same.

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Vietnam News Roundup: March 21 to March 27

This week’s Vietnam news roundup covers a possible reduction to MFN tariffs, Starlink satellite services pilot run approval, increased foreign ownership limits for some banks, the latest State Bank open market operations, and more…

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Vietnam to roll back some environment protection obligations for small business

Vietnam is refining its Extended Producer Responsibility (EPR) policy to ease compliance for small businesses. This includes removing EPR obligations from manufacturers and importers of packaging for export, temporary import and re-export, or for research and testing purposes and companies with annual packaging sales revenue under VND 30 billion (US$78 million), VN Economy is reporting.

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Vietnam’s Private Sector Development Push: Unpacked

Last week, Vietnam’s relatively new General Secretary, To Lam, announced that he wanted to see Vietnam’s private sector expand to 70 percent of GDP by 2030. This is not a new concept but it has historically been somewhat of a struggle to realise. With this in mind, this article looks at Vietnam’s private sector development, why it has failed to break out, and what might be different this time around.

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Vietnam Internet Regulations 2025: Data Privacy, Localisation & More

At the heart of Vietnam’s internet services regulations is Decree No. 72/2013/ND-CP on the Management, Provision, and Use of Internet Services and Online Information. This was issued by the Government of Vietnam on July 15, 2013, and took effect on September 1, 2013. This decree sets forth the legal framework for the management and use of internet services, online information, and related activities in Vietnam…

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Vietnam private sector uses HUBA workshop to call for equal treatment

Private business leaders voiced frustration over long standing inequalities in state policy, especially compared to state-owned enterprises, at a workshop hosted by the Ho Chi Minh City Business Association (HUBA), Friday. The leaders highlighted a need for institutional reform, transparency, and better access to land, finance, and international markets, VNExpress is reporting.

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Vietnam News Roundup: March 14 to March 20

This week’s Vietnam news roundup covers the latest ADB investment in Vietnam’s private education sector, developments with respect to the Trump golf course slated for Hung Yen, the closure of RFA and VOA and the impact on Vietnam, the latest State Bank open market operations, and more…

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Can South Korea’s Chaebol Development Model Work for Vietnam?

The South Korean chaebols are constantly referenced as a model to be emulated in Vietnam. However, whereas at first glance South Korea’s economic development on the back of its chaebols looks to be a success story, that doesn’t really tell the whole story. With this in mind, this article looks at how the chaebols system worked and didn’t work and whether this is a model Vietnam should be looking to follow.

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Priority Customs Treatment in Vietnam for Foreign Firms

Earlier this month, the Dong Nai Department of Customs issued a decision suspending priority customs treatment for Panasonic. The decision does not specify exactly what the well known Japanese brand failed to do, only citing Article 45 of the Customs Law. The company has been suspended for 60 days from accessing priority customs treatment.

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