Several international organisations have raised their economic growth forecasts for Vietnam in 2024 after the release of Q3 GDP data, which showed a significant 7.4% increase, exceeding previous projections.

After more than half a century of diplomatic ties, Vietnam and Malaysia have continually enhanced their bilateral cooperation across a wide range of sectors, including politics, diplomacy, defense, security, economics, and cultural and people-to-people exchanges. The relationship has gained momentum particularly since the two countries upgraded their ties to a Strategic Partnership in 2015.

In recent years, digital infrastructure, digital platforms, devices, and digital transformation technologies in government agencies serving the public and businesses have received significant investment. National and sectoral databases have been actively developed, connected, and shared.

Over the past 25 years, Hanoi has consistently advanced, reaching significant milestones. The city not only upholds its prestigious title but also actively promotes it, contributing to the capital's development in this era of global integration.

Vietnam has nine scientists ranked in the top 10,000 and 60 in the top 100,000 most cited researchers globally this year, according to a newly released list by academic publisher Elsevier.

The Business Confidence Index (BCI) report for Q3 2024, recently published by the European Chamber of Commerce in Vietnam (EuroCham), indicates positive signals in business sentiment, despite ongoing economic challenges stemming from the impacts of Typhoon Yagi and operational barriers for businesses in Vietnam.

Vietnam active and proactive member of AIPA

In the first nine months of 2024, Vietnam's Gross Domestic Product (GDP) increased by 6.82% year-on-year, with a GDP growth rate of 7.4% in the third quarter. The socio-economic situation in the third quarter and the first nine months of the year continues to show positive trends, with various sectors gaining significant achievements, laying a foundation for further growth in the remainder of the year.

Chairman of the National Assembly Tran Thanh Man will lead a high-ranking NA delegation to pay an official visit to Laos and attend the 45th General Assembly of the ASEAN Inter-Parliamentary Assembly (AIPA-45) from October 17-19. This is the legislative leader's first official visit to Laos in his new position, taking place just ahead of the AIPA-45 General Assembly, with Laos as the host nation.

The GDP in the first 9 months of 2024 expanded by 6.82% compared to the same period in 2023. The GDP, based on 2010 constant prices, reached 4,472.22 trillion VND (around 180 billion USD).

Vietnam and China are neighboring countries with many similarities in culture, political systems, and development paths. Recently, with the joint efforts of both sides, the relationship between the two parties and the two countries has maintained a very positive momentum of development, achieving significant accomplishments in all areas.

As of July 2024, Vietnam has 11 higher education institutions that meet international quality standards, accredited by five foreign organizations with various evaluation criteria.