The key to Vietnam's economic acceleration
At the investment conference on the morning of July 9 with the theme "New Vietnam: Vision of creating value", Ms. Nguyen Thi Phuong Thao - Chairwoman of Sovico Holdings, CEO of Vietjet Air said: Private enterprises not only bring economic value to Vietnam but also carry within them a business culture imbued with national identity, a sense of social responsibility and a desire to serve.
Appearing at the event in the same outfit she wore at the listing ceremony of Vietjet Air (VJC), Ms. Thao shared: “In the past, also in this suit, I rang the gong to open the first trading session of VJC shares on the HOSE. Since then, the value of Vietjet shares has increased about 5 times. As for investors who invested in Vietjet about 5 years ago (when Vietjet IPO - PV), the value of their investment has now increased about 100 times.”
According to Ms. Thao, Resolution 68 of the Politburo has identified the private economy as the pioneering force in creating jobs, improving productivity and competitiveness of the economy. The target by 2030 is that this sector will contribute up to 65% of the national GDP.
Vietjet Air CEO calls on investors to invest in AI, blockchain, circular economy and technology made in Vietnam. This will be the key for Vietnam to accelerate in the coming time.
“Today, Vietnam is a new, dynamic and integrated Vietnam, the fastest growing in the region and undergoing strong reforms. This is a golden time to invest in businesses, especially Vietnamese private enterprises, which have contributed to building a sustainable, humane and prosperous future,” said Ms. Nguyen Thi Phuong Thao.
2025 Long Thanh airport inauguration, 2026 North-South high-speed railway construction start
Sharing with domestic and foreign investors at the Conference, Deputy Prime Minister Ho Duc Phoc affirmed that Vietnam is resolutely implementing comprehensive economic reform and strongly promoting it to achieve the goal of the nation's rise, becoming a developed country with high income.
The determination to strongly reform institutions to mobilize all resources is demonstrated through four resolutions of the Politburo, also known as the “Quad Pillars”, including: Resolution 68 on private economic development; Resolution 59 on international integration in the new situation; Resolution 57 on scientific and technological breakthroughs; and Resolution 66 on innovation in law-making.
Recently, the National Assembly also approved the amendment and supplementation of 28 laws, creating a basis for attracting resources, focusing on the country's economic development, and removing difficulties and obstacles for businesses.
The Government has also issued decrees focusing on removing difficulties and obstacles to attract resources and create a transparent business environment.
2025 is a challenging year with many fluctuations in the world economy and increasingly complex competition. However, Vietnam has demonstrated its ability to cope with fluctuations.
In the first 6 months of 2025, Vietnam achieved an economic growth rate of 7.52%, aiming for an 8% growth target for the whole year. Export turnover reached 432 billion USD, exceeding 16.1% over the same period last year. Budget revenue reached 1.33 quadrillion VND, exceeding 28.3% over the same period. In the period of 2026-2030, Vietnam is determined to achieve a GDP growth rate of 10% or more.
In particular, the Deputy Prime Minister emphasized that 2025 will be a breakthrough year in infrastructure when in the first 6 months of the year, 3,000km of expressway was completed and the first phase of Long Thanh airport, the 6th largest airport in the world, was inaugurated. Construction units are actively completing and will inaugurate this year.
The Lao Cai - Hanoi - Hai Phong high-speed railway project, with a total investment of 8 billion USD, is also about to start construction.
In addition, the North-South high-speed railway project will start construction in 2026. With a maximum design speed of 350km/h, the length of 1,540km from Hanoi to Ho Chi Minh City, then towards Ca Mau. The total investment of the project is about 67 billion USD.
On behalf of the Government, the Deputy Prime Minister affirmed that the Government is committed to standing side by side with domestic and foreign investors. He asked investors to increase investment in Vietnam, especially in the fields of high technology, energy, processing, etc.
“The Government will create an integrated, transparent, developed and inclusive economy. We are committed to treating all economic sectors fairly, working side by side with businesses to overcome difficulties and cut at least 30% of administrative procedures,” said Deputy Prime Minister Ho Duc Phoc.
Source: https://vietnamnet.vn/ceo-vietjet-air-nguyen-thi-phuong-thao-tu-hao-co-phieu-tang-gap-5-lan-2419721.html
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