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The World Bank has officially upgraded Vietnam to the upper-middle-income country group, effective July 1, 2026. This isn’t just a change in status—it is a powerful testament to the resilience, adaptability, and hard work of Vietnam’s businesses, workforce, and strategic policy decisions over the last few decades. The Key Metrics Behind the Milestone: Rising Income: […]
Hanoi is set to start construction on five major urban railway lines, with a combined length of more than 300km and total investment of around USD50bn. All five lines are planned to be developed simultaneously and targeted for completion by 2030, marking a clear shift from incremental rollout toward network-scale execution. The new routes are […]
Over the past 12 months, the State Bank of Vietnam has introduced several regulatory updates that point in the same direction: a more resilient banking system, stronger prudential standards, and closer alignment with international frameworks. The first key milestone is Circular 14/2025, which sets a formal roadmap toward Basel III capital adequacy management. Effective from […]
