Viet Nam’s total retail sales of goods and consumer service revenue are expected to increase by 14–15 percent annually during the 2026–2030 period, reaching approximately VND 13,500–14,000 trillion (US$525-542.6 billion) by 2030.
Declining output from major oil fields, mounting pressure to ensure energy security and the requirements of the green transition are driving Vietnam’s oil and gas industry to transform its development model. The focus is on optimising resources, strengthening industrial capabilities and expanding into new energy sectors.
As of October 29, 2026, Vietnam’s import-export turnover reached US$1 trillion, two months ahead of the year-end. This historic milestone underscores the resilience of the country’s trade sector while highlighting the need to enhance the competitiveness of domestic enterprises.
Deputy Minister of Science and Technology Le Xuan Dinh called for selecting projects based on actual needs, linking research with commercialization, ensuring the effective operation of the V-Bridge platform, and clearly defining responsibilities and implementation timelines. The aim is to turn commitments to cooperate in digital technology, artificial intelligence (AI) and semiconductors into concrete products, projects and investment opportunities.
Vietnam’s growing role in global manufacturing, record foreign investment disbursement and fast-expanding digital economy are seen to further strengthen its position as one of Asia Pacific’s most compelling growth markets. This momentum will take center stage when the 2027 World Trade Centers Association (WTCA) Global Business Forum (GBF) convenes at Binh Duong Ward, North of Ho Chi Minh City, Vietnam from April 4 to 7, 2027.
From connecting rural communities to supporting household companies, Trung Gia - the northernmost commune of Hanoi - is bringing technology into everyday activities. This process creates additional conditions for improving the quality of new rural development while also creating requirements for data, human resources, and service efficiency.
As the year-end season approaches, carved wood production facilities in Thuong Quan Village, Thuong Tin Commune in southern Hanoi, are adjusting production to meet purchasing demand. Maintaining jobs and expanding product sales are issues directly linked to local rural development.
By expanding winter crop production, developing One Commune One Product (OCOP) goods, and investing in civil infrastructure, Kieu Phu, a western commune of Hanoi, is turning its goal of building a modern countryside into reality.
Hanoi is linking the development of One Commune One Product (OCOP) items with processing, design, and expanded distribution channels. Regional connectivity initiatives create additional trading opportunities while encouraging local enterprises and cooperatives to improve product quality and supply capacity.
Hanoi's One Commune One Product (OCOP) program is entering a new development phase, where product value is measured not only by quality, standards, or star ratings, but increasingly through links to culture, craft villages, tourism, and the market.
Leveraging its strengths in craft villages and cultural heritage, Tay Phuong Commune in the western suburbs of Hanoi is linking new-style rural development with production reorganization, market expansion, and environmental improvement. Efforts to resolve land access difficulties, develop products, and create livelihoods are being carried out across these areas.
