Vietnam’s 2025 Vision: A Year of Breakthroughs and Strategic milestones
As vietnam steps into 2025, the nation is poised for a transformative year marked by aspiring goals, historic milestones, and a renewed commitment to socioeconomic growth. Prime Minister Pham Minh Chinh has emphasized that this year is pivotal for “speeding-up and making breakthroughs to reach the finish line to successfully implement the five-year socioeconomic development plan.”
A Year of Historic Significance
Table of Contents
- A Year of Historic Significance
- Strategic Goals for Economic Growth
- A Call to Action for Unity and Innovation
- Key Priorities for 2025
- A Glorious mission for Future Generations
- summary of Key Goals for 2025
- A Growing Business Ecosystem
- Economic Growth and Development Goals
- US-Vietnam Partnership: A Catalyst for Growth
- EU-Vietnam Collaboration: Unlocking Potential
- key highlights at a Glance
- The Road Ahead
- The Power of Storytelling in Journalism
- The Inverted Pyramid: A Time-Tested Structure
- The 5Ws and 1H: The Backbone of reporting
- Editing and Proofreading: Polishing Your Work
- Dos and Don’ts of Journalism Writing
- Final Thoughts
- Interview with a Journalism Expert: Mastering the Art of Storytelling
- Final Thoughts
2025 is not just another year on the calendar; it is indeed a year brimming with ancient and cultural significance. The nation will celebrate the 95th anniversary of the Party establishment, the 50th anniversary of the liberation of the south and national reunification, the 135th anniversary of the birth of President Ho Chi Minh, and the 80th anniversary of the country’s founding. These events serve as a reminder of Vietnam’s resilience and its journey toward prosperity.
Strategic Goals for Economic Growth
The government has set its sights on achieving a growth rate of at least 8% or higher in 2025, laying the groundwork for a double-digit growth rate from 2026. This ambitious target is part of a broader vision to transform Vietnam into a developing country with modern industry and high average income by 2030, and ultimately, a developed country with high income by 2045.
To achieve this, the government is focusing on renewing traditional growth drivers such as investment, consumption, and exports, while also fostering new growth drivers like digital transformation, green transformation, and the development of emerging industries such as semiconductors and chips.
A Call to Action for Unity and Innovation
Prime Minister Chinh has called for unity and innovation across all levels of society. “Heads of every level, at every enterprise, and each Vietnamese citizen need to ensure the spirit of solidarity and consensus, in the spirit of daring to think and daring to do,” he stated. this collective effort is essential to realize the country’s unique potentials, outstanding opportunities, and competitive advantages.
Key Priorities for 2025
in 2025, the government will prioritize promoting strong economic growth while ensuring macroeconomic stability, controlling inflation, and maintaining the major balances of the economy. Enhanced analytical and forecasting capacity will guide the effective management of fiscal and monetary policies, ensuring resources are mobilized and utilized efficiently.
A Glorious mission for Future Generations
The strategic goals set for 2025 are not just about immediate economic gains; they are part of a larger mission to celebrate the 100th anniversary of the founding of the Party and the 100th anniversary of the founding of the country. This mission, though challenging, is a “connecting point between the past, present, and future,” and a crucial step in helping Vietnam rise out of the middle-income trap to become a developed country.
summary of Key Goals for 2025
| Key Focus Areas | Targets and Actions |
|———————————–|—————————————————————————————–|
| Economic Growth | Achieve a growth rate of at least 8% or higher, aiming for double-digit growth from 2026 |
| Traditional Growth Drivers | Renew investment, consumption, and export strategies |
| New Growth Drivers | Focus on digital transformation, green transformation, and emerging industries |
| Macroeconomic Stability | Control inflation and ensure major economic balances |
| Historical milestones | Celebrate key anniversaries, including the 95th anniversary of the Party establishment |
As Vietnam embarks on this ambitious journey, the nation’s leaders and citizens alike are united in their determination to turn these goals into reality. With innovative thinking, high determination, and effective methods, Vietnam is well on its way to achieving a brighter, more prosperous future.n
On the night of January 5, Vietnam was sleepless, with streets in major cities packed with football fans. They flowed out of their homes, holding national flags and banners, to celebrate the triumph of Vietnam’s national football team against thailand in the 2024 ASEAN Cup final.
Among the football lovers was US Ambassador to Vietnam Marc E. Knapper and his colleagues.sitting in a beer hall to watch the match, he was caught up in the atmosphere and joined the fans in the street to celebrate.
The United States and Vietnam have witnessed flourishing cooperation in recent years,but it is indeed not the only cross-border success story for the latter. Over more than a decade, Vietnam has signed 17 bilateral and multilateral free trade agreements, and is now a trading partner of many markets, including Europe, the US, China, Japan, and ASEAN.
Thanks to its solid foundations, the economy has proven resilient through different crises. Economic growth reached 7.09 per cent in 2024 and is targeted by the government to hit over 8 per cent, with efforts to be made to reach 10 per cent in 2025, driven by increasing global demand and restored domestic consumer confidence, exports, and investment.
In talks with foreign companies, state ambassadors, and leaders of international organisations, Prime Minister Pham Minh Chinh has maintained that the government is committed to regulatory reforms which create a level playing field for businesses from all economic sectors.
“Vietnam is committed to protecting the legitimate rights and interests of foreign investors in the country in any circumstances,” PM Chinh said. “The Vietnamese government will continue its efforts to help enterprises weather challenges and seize opportunities for long-term operations in Vietnam on the principle of harmonious benefits and shared risks.”
From now until late 2025, one of the most crucial jobs of the government is to continue improving institutions and consider. At the US-Vietnam Business Summit 2024 in Hanoi in early December, PM Chinh stated that Vietnam would continue working on its three strategic breakthroughs in institutions, infrastructure, and peopel.
“We will create strong institutions via building a streamlined, strong, efficient, effective and efficient apparatus, improving the investment and business environment in the spirit of ‘open institutions, transparent infrastructure, and smart governance’ to reduce time, compliance costs, and input costs for businesses and investors, while increasing labor productivity, big data, AI, Internet of Things, and cloud computing,” PM chinh emphasized.
Additionally, the government will also concentrate on developing a synchronous and modern strategic infrastructure system, accelerate construction of key projects, and connect the expressway system with airports and seaports, while also urgently constructing high-speed railways and urban railways.
Greater efforts must be made to complete construction of 3,000km of expressways and over 1,000km of coastal roads by the end of 2025. The government will also strongly develop digital infrastructure, urban infrastructure, culture, society, education, healthcare, and sports, while boosting research and exploitation of the earth, the sea, and space.
It is also necessary to boost industrialisation,modernisation,and economic restructuring associated with growth model innovation towards enhancing the submission of science and technology,improving productivity,quality,effectiveness,and competitiveness of the economy.
In addition, it is indeed needed to strongly develop potential and advantageous agricultural, industrial, and service sectors; to apply high technology towards greening and sustainability; to reduce logistics costs; and awaken potential of and strongly develop various types of tourism. The government must also improve the operational effectiveness of state-owned corporations and groups; develop policies to strongly boost the development of private enterprises; ensure selective attraction of foreign investment; and participate more deeply in regional and global value chains.
| Key Focus Areas | Targets |
|---|---|
| Institutional Reforms | Streamlined,efficient governance |
| Infrastructure Development | 3,000km of expressways,1,000km of coastal roads by 2025 |
| Economic Growth | Targeting 8% in 2024,10% in 2025 |
| Technology Integration | Big data,AI,IoT,cloud computing |
Vietnam’s commitment to regulatory reforms and infrastructure development is set to create a more conducive environment for businesses and investors. The government’s focus on technology integration and economic restructuring will further enhance the country’s competitiveness on the global stage.
As vietnam continues to strengthen its partnerships with global markets, the country is poised to achieve its ambitious economic targets, ensuring sustainable growth and prosperity for its people.
Vietnam’s Economic Ambitions: A Path to Global Competitiveness
Vietnam is on a transformative journey to bolster its economy,enhance business competitiveness,and create new development opportunities. Prime Minister Pham Minh Chinh emphasized the government’s commitment to “creating new development space,and enhancing the competitiveness of goods,businesses,and the economy.” With ambitious targets and strategic reforms, Vietnam is positioning itself as a key player in the global market.
A Growing Business Ecosystem
The Vietnamese government has set a bold goal: to develop a business community of 1.5 million enterprises by 2025 and two million by 2030. Currently, over 900,000 enterprises are operating in the country. In 2024 alone, more than 157,200 new businesses were established, with a registered capital of $64.45 billion. Additionally, nearly 76,200 enterprises resumed operations, bringing the total number of active businesses to over 233,400—a 7.1% increase compared to the previous year.
The total capital supplemented into the economy in 2024 reached $84.4 billion, marking a 3.6% year-on-year growth. These figures underscore vietnam’s resilience and its ability to attract investment despite global economic challenges.
Economic Growth and Development Goals
By 2030, Vietnam aims to achieve an annual economic growth rate of 7.5-8.5%. The government projects per capita GDP to reach $7,400-7,600, positioning Vietnam as an upper middle-income developing nation. With a projected GDP of $780-800 billion, the country is striving to modernize its industries and strengthen its economic foundation.
US-Vietnam Partnership: A Catalyst for Growth
The United States remains one of Vietnam’s top foreign investors and its largest export market. Bilateral trade between the two countries reached $134.6 billion in 2024,with cumulative US registered investment in Vietnam totaling $12 billion across 1,420 projects.
Adam Sitkoff, Executive director of the American Chamber of Commerce in Hanoi, highlighted the mutual benefits of this partnership. “US companies and investors bring high-quality products and state-of-the-art technologies, services, and business practices to Vietnam,” he said. “We share an interest in developing a globally competitive workforce, creating quality jobs, and investing in the professional development of our Vietnamese team members.”
The comprehensive strategic partnership forged in September 2023 has further strengthened ties between the two nations. US Ambassador Marc Knapper noted,“The partnership upgrade itself is a strong testament to how far we have come over nearly three decades. Whether it is indeed our economic relationship, trade and investment, defence, health, climate, energy, education, and security, we have made so much progress.”
EU-Vietnam Collaboration: Unlocking Potential
Vietnam’s efforts in administrative reforms, coupled with the EU-Vietnam Free Trade Agreement (EVFTA), have facilitated meaningful EU investment into the country. Bilateral trade between Vietnam and the EU reached $68.8 billion in 2024, with the EU’s total investment stock exceeding $28.3 billion across 2,450 projects.
Julien Guerrier, Ambassador and Head of the European Delegation to Vietnam, praised the EVFTA’s impact. “the EVFTA has become an critically important piece of the puzzle, uplifting the commercial links between the two economies to an unprecedented height,” he said. Though, Guerrier also emphasized the need for further reforms, stating, “What Vietnam has achieved so far is still below its potential and that potential cannot be optimised in the absence of vigorous reforms.”
key highlights at a Glance
| Metric | 2024 Data | 2030 Target |
|———————————|———————————–|———————————-|
| Number of Enterprises | 900,000+ | 2 million |
| Newly Established Businesses | 157,200 | N/A |
| total Capital Supplemented | $84.4 billion | N/A |
| Per Capita GDP | N/A | $7,400-7,600 |
| Annual Economic Growth rate | N/A | 7.5-8.5% |
| US-Vietnam Bilateral Trade | $134.6 billion | N/A |
| EU-Vietnam Bilateral trade | $68.8 billion | N/A |
The Road Ahead
Vietnam’s economic ambitions are clear: to become a modern, competitive, and prosperous nation. Through strategic reforms, international partnerships, and a focus on innovation, the country is laying the groundwork for sustainable growth. As Prime Minister Chinh aptly put it, the goal is to create a thriving business ecosystem that benefits both local and foreign stakeholders.
For businesses and investors looking to capitalize on Vietnam’s growth trajectory, now is the time to explore the opportunities this dynamic market has to offer.
Stay updated on Vietnam’s economic developments and investment opportunities by following our latest insights and analysis.Mastering the Art of Journalism: Essential Techniques for Effective Storytelling
Journalism is more than just reporting facts—it’s about crafting compelling narratives that resonate with readers. Whether you’re a seasoned journalist or an aspiring writer, mastering key techniques can elevate your storytelling and ensure your work stands out. Here’s a deep dive into the essential skills every journalist must know.
The Power of Storytelling in Journalism
At the heart of journalism lies the ability to tell a story.Effective storytelling engages readers, making complex facts accessible and relatable. According to The Sketchbook project, journalists must focus on clarity and conciseness while weaving narratives that captivate audiences. This involves not only presenting facts but also creating an emotional connection with the reader.
The Inverted Pyramid: A Time-Tested Structure
One of the most essential techniques in journalism is the inverted pyramid structure. This approach prioritizes the most critical information at the beginning, ensuring readers grasp the key points even if they don’t finish the article. Originating during the American Civil War, this method remains a cornerstone of effective news writing.
The 5Ws and 1H: The Backbone of reporting
Every journalist must answer the essential questions: Who, what, When, Where, Why, and How. These elements form the backbone of any news story, providing a comprehensive overview of the event or issue.as highlighted by Journalism University, mastering the 5Ws and 1H ensures your reporting is thorough and informative.
Editing and Proofreading: Polishing Your Work
No piece of journalism is complete without meticulous editing and proofreading. This step ensures your work is clear, concise, and error-free. As noted by The Sketchbook Project, “the process of editing and proofreading is an essential step in refining and perfecting one’s journalism writing skills.”
Dos and Don’ts of Journalism Writing
To excel in journalism, it’s crucial to follow best practices while avoiding common pitfalls. Writer’s Digest offers actionable advice, emphasizing the importance of objectivity, accuracy, and ethical reporting.
| Key journalism Techniques | Description |
|——————————-|—————–|
| Storytelling | Crafting engaging narratives that connect with readers. |
| Inverted Pyramid | Prioritizing key information at the start of the article. |
| 5Ws and 1H | Answering essential questions for comprehensive reporting.|
| Editing and Proofreading | refining work to ensure clarity and accuracy. |
Final Thoughts
Journalism is a dynamic field that requires a blend of technical skills and creative storytelling. By mastering techniques like the inverted pyramid, the 5Ws and 1H, and thorough editing, you can produce impactful, engaging stories that inform and inspire.
Ready to take your journalism skills to the next level? Explore more tips and techniques from trusted sources like The Sketchbook Project and Journalism University. Your next great story is just a click away!
Interview with a Journalism Expert: Mastering the Art of Storytelling
Editor: Thank you for joining us today! Let’s dive right in.What makes storytelling such a powerful tool in journalism?
Guest: Storytelling is at the heart of journalism because it transforms facts into relatable narratives. It’s not just about presenting facts—it’s about engaging the reader emotionally and intellectually. As highlighted by The Sketchbook Project,effective storytelling makes complex topics accessible and memorable. It’s what turns a simple report into a piece that resonates with the audience.
Editor: That’s fascinating! Could you elaborate on the inverted pyramid structure and why it’s so essential?
Guest: Absolutely.The inverted pyramid is a classic journalism technique that prioritizes the most critical information at the beginning of the article. This structure ensures readers get the key points even if they don’t finish the piece. It originated during the american Civil war to streamline news delivery and remains a cornerstone of effective reporting today.
Editor: How does the 5Ws and 1H framework fit into this?
Guest: The 5Ws and 1H—Who, What, When, Where, Why, and How—are the backbone of any news story. They provide a comprehensive overview of the event or issue. as Journalism University notes, mastering these questions ensures your reporting is thorough and informative. They serve as a checklist to ensure no critical detail is overlooked.
Editor: Editing and proofreading are often overlooked. Why are they so important?
Guest: Editing and proofreading are essential steps in refining your work. They ensure clarity, conciseness, and accuracy.As the Sketchbook Project emphasizes, this process helps polish your writing and eliminate errors.It’s the final stage that ensures your piece is professional and credible.
Editor: What are some dos and don’ts that journalists should keep in mind?
Guest: Objectivity, accuracy, and ethical reporting are non-negotiable. As Writer’s digest points out, journalists should avoid sensationalism and ensure their sources are reliable.Staying true to the facts while crafting compelling narratives is key to maintaining credibility.
Editor: Any final thoughts for aspiring journalists?
guest: Journalism is a dynamic field that requires a balance of technical skills and creativity. By mastering techniques like the inverted pyramid, the 5Ws and 1H, and thorough editing, you can produce impactful stories that inform and inspire. Keep learning and refining your craft—your next great story is just around the corner!
Editor: Thank you for these astonishing insights! It’s been a pleasure having you here.
Guest: Thank you! It’s been a great conversation.
Final Thoughts
This interview highlights the essential techniques every journalist should master to excel in the field. From storytelling and the inverted pyramid to the 5Ws and 1H,these skills are the foundation of impactful journalism. By following best practices and continuously refining your craft, you can produce stories that captivate and inform your audience.
