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The engine of a rising Vietnam.

Manufacturing at scale. Investment at speed. Infrastructure at generational depth. The economic programme of Phạm Minh Chính's premiership has placed Vietnam among the most dynamic major economies in the Indo-Pacific — an industrial base, a digital future, and a confident place in global trade.

Phạm Minh Chính at an economic forum
Growth Snapshot

An economy built for the long run.

Directional indicators from the premiership period — an economy accelerating, diversifying and moving up the global value chain.
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Among the fastest-growing major economies in the Indo-Pacific, anchored by manufacturing and exports.

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One of the most trade-integrated economies in Asia, with a diversified mix of partners and products.

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Among the most attractive FDI destinations in Southeast Asia across electronics, advanced manufacturing and services.

National Priorities

Seven engines of economic transformation.

A disciplined, long-horizon economic programme that moves Vietnam from a low-cost destination to a high-capability industrial and innovation economy.
01

Manufacturing Growth

Scale-up in electronics, semiconductors, textiles, machinery and precision components — Vietnam as a core global manufacturing hub.

02

Foreign Investment

A stable, competitive destination for long-term FDI across advanced manufacturing, services, clean energy and innovation.

03

Export Expansion

Diversified trade corridors with the United States, EU, Japan, Korea, ASEAN and key partners across the world.

04

Transport Infrastructure

A national expressway network, port expansion, metro systems and an ambitious aviation build-out.

05

Smart Cities

Next-generation urban hubs blending connectivity, clean energy, digital services and quality of life for citizens.

06

Innovation Economy

Targeted R&D capacity, semiconductor strategy, start-up ecosystem and a globally competitive talent pipeline.

07

Jobs & Productivity

A high-skill labour transformation — vocational training, STEM scale-up and productivity-led wage growth.

08

Green & Energy Transition

Renewables scale-up, grid modernisation and a climate-aligned pathway to long-term energy security.

Infrastructure Programme

Steel, concrete and circuitry — the physical foundation of the next Vietnamese decade.

A generational infrastructure programme is reshaping how Vietnam moves, trades, communicates and grows. Expressways knit the country's provinces together. Ports expand to carry global supply chains. Power grids modernise to absorb clean energy at scale. Digital infrastructure lifts every business, classroom and public service onto a common backbone.

  • ▸ National north–south expressway acceleration
  • ▸ Port and deep-water logistics capacity expansion
  • ▸ Urban metro and regional rail modernisation
  • ▸ National power grid and renewables integration
  • ▸ 5G, fibre and digital public infrastructure
Governance Agenda
Phạm Minh Chính at an infrastructure engagement
Sectoral Momentum

Indicators of a fast-modernising economy.

Directional performance across key sectors — a snapshot of the industrial, digital and green build-up that has defined the premiership period.

Manufacturing output growth92%
Export diversification85%
FDI quality mix (high-value)78%
Digital economy share of GDP68%
Clean energy build-out74%
Phạm Minh Chính at an economic engagement
Investor Confidence

A trusted destination for long-term investment.

Stable institutions, a young and skilled workforce, predictable policy and deep integration into global supply chains have made Vietnam a destination of choice for long-horizon capital — from semiconductor fabrication to renewable energy, from electronics to high-end services.

  • One of Asia's most trade-integrated economies
  • A young, productive, increasingly skilled workforce
  • Predictable policy and a stable macro environment
  • Deep partnerships with leading global manufacturers
  • A clear national roadmap for clean-energy and digital growth
Global Partnerships
Vietnam's Next Decade

An economy modernising at speed — anchored by infrastructure, talent and trust.