As production relocation to Southeast Asia accelerates and competition for FDI intensifies, Vietnam faces increasing pressure from regional rivals such as India, Malaysia and Indonesia, which are offering bold tax incentives and developing specialised industrial parks. This reality requires Vietnam to shift its focus from attracting large volumes of capital to drawing high-quality investment, prioritising core technologies, innovation, value chain linkages and higher localisation rates.
As Ho Chi Minh City’s tourism sector continues to sustain growth momentum, it is shifting strongly from post-merger recovery to development acceleration, with a focus on restructuring destination spaces to offer diverse tourism models and attract more domestic and international visitors.
The Made in Vietnam Fair will showcase a wide range of products, including industrial and consumer goods, processed foods, agricultural produce and handicrafts, with the participation of distribution systems, e-commerce platforms, digital platforms and digital financial solution providers operating in Vietnam.
Nam Can Tho University Hospital on December 15 hosted a ceremony to announce its accreditation by the American Accreditation Commission International (AACI), a US-based body, becoming the first facility in the Mekong Delta and among a select few in Vietnam to earn the distinction.
Three flights operated by Vietnam Airlines, Vietjet Air, and Bamboo Airways will make the first official “inaugural landings” at Long Thanh International Airport in the southern province of Dong Nai on December 19.
During the year, the SSC made significant progress in improving the legal and policy framework. Institutional work was implemented in a coordinated manner, including the issuance of two decrees, one resolution, seven circulars and three major schemes. At the same time, the regulator strengthened policy dialogue and expanded cooperation with international organisations to support the market upgrade process.
The plan also aims to ensure that the elections are conducted in a democratic, equal and law-abiding manner, while being safe and cost-effective, truly becoming a nationwide civic event, thus contributing to strengthening and enhancing the effectiveness and efficiency of the state apparatus and building a socialist rule-of-law state of Vietnam of the people, by the people and for the people.
Among the ballots used at the congress were three featuring posters of President Ho Chi Minh and one bearing an image depicting the Vietnamese people engaged in production during the period of resistance against foreign aggression. The latter also carried the inscriptions “80th Anniversary of Vietnam’s National Day” and “33rd National Congress of the PCU".
Speaking at the ceremony, Nguyen Thanh Ha, Consul General of Vietnam in Western Australia and the Northern Territory, praised the dedication of young Vietnamese living in the region. She emphasised that the success of Xuan Que Huong was built not only on its colourful performances, but also on the strong sense of responsibility and tireless behind-the-scenes efforts of students and volunteers.
The State Bank of Vietnam set the daily reference exchange rate at 25,141 VND/USD on December 16, down 3 VND from the previous day.
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