Vietnam’s great ambition for global growth

Spanning over 4,000 years of history in shaping its nation and securing its independence, Vietnam has reached impressive achievements in all aspects, and its deep-rooted desire for a greater global presence has been a long-standing vision, dating back to its founding.

This aspiration has surged more powerfully than ever as 2025 begins, driven by the forces of the times and the profound changes taking place across all sectors, from the smallest to the largest scales.

Vietnam has recorded impressive economic performances in recent years.

Foreign investment into the nation totaled US$40 billion in 2024, with $25 billion of that amount actually implemented through foreign direct investment, ranking Vietnam among the top 20 biggest economies globally in terms of trade volume, with 17 free trade agreements in place.

The country’s import-export value hit nearly $800 billion in 2024, affirming Vietnam’s vital role as a key player in the global supply chain.

In a bold move to further strengthen infrastructure, the National Assembly has approved a plan to develop a high-speed rail project running along the North-South axis.

The mammoth project will connect economic regions, upgrade infrastructure for the agriculture, industry, and service sectors, and unlock the potential for socioeconomic development.

The nation’s ambition is now being reflected not only in its economic policies but also in its governance.

The vision of a streamlined, efficient government is taking shape as the country’s leadership undergoes significant restructuring.

“The new government apparatus must be better than the old, and must begin functioning immediately,” Party General Secretary of Vietnam To Lam stated.

This call for swift and effective action is rooted in the realization that the modernization of the political system is closely tied to the country’s new era, an era of growth and expansion for the Vietnamese people.