Vietnam's FDI inflow soars by 48.6% in January

With nearly one million enterprises and approximately five million individual business households, the private economic sector plays a crucial role in Vietnam's economy. It currently contributes 51% of GDP, generates over 30% of state budget revenue, and provides employment for more than 40 million people, accounting for 82% of the total workforce.

Prime Minister Pham Minh Chinh has signed Decision No. 444, dated February 27, 2025, setting targets for the completion of social housing by 2025 and the following years up to 2030. These targets will be incorporated into local socio-economic development plans.

Vietnam's overseas investment in the first two months of 2025 totalled nearly 239 million USD, 9.5 times higher than the same period last year.

Party General Secretary To Lam and his spouse, accompanied by a high-ranking Vietnamese delegation, departed from Hanoi on March 9 for a state visit to Indonesia, an official visit to the ASEAN Secretariat headquartered there, and an official visit to Singapore. The trip, taking place from March 9 to 13, is made at the invitation of Indonesian President and Chairman of the Great Indonesia Movement Party Prabowo Subianto, ASEAN Secretary-General Kao Kim Hourn, and Singaporean Prime Minister and Secretary-General of the People's Action Party (PAP) Lawrence Wong.

Vietnam grants visa exemptions to citizens of 16 countries from March 1, 2025 to December 31, 2025, as part of the country's tourism development stimulus programme.

Within the framework of the official visit to Vietnam and attendance at the 2nd ASEAN Future Forum by New Zealand Prime Minister Christopher Luxon (February 25-28, 2025), the two countries have signed a Joint Statement on upgrading Vietnam - New Zealand relations to a Comprehensive Strategic Partnership.

Under the theme "Building a United, Inclusive, and Resilient ASEAN amidst Global Transformation," the ASEAN Future Forum 2025 serves as a high-profile platform to drive discussions on strengthening regional cooperation, fostering sustainable development, and positioning ASEAN as a key player in global affairs.

According to the Ministry of Labour, Invalids and Social Affairs, as of February 14, 2025, provinces and cities across the country have provided support to eliminate 106,189 temporary and dilapidated houses, an increase of 5,552 houses compared to February 7, 2025.

The Hitachi Global Foundation has selected six Vietnamese scientists for the Asia Innovation Award 2024, recognising their outstanding achievements in scientific research.

Favorable visa policies, intensified tourism promotion programmes, and prestigious international travel awards have driven a surge in international arrivals to Vietnam in January 2025, reaching nearly 2.1 million, up 18.5% from the previous month and 36.9% year-on-year.