As of December 31, 2024, Vietnam had over 940,000 active businesses, with SMEs making up nearly 98%. These enterprises employ 5.5 million workers and hold a combined capital of 16.6 quadrillion VND (650.08 billion USD), accounting for less than 30% of the total business capital in the country.
PM Pham Minh Chinh thanked President Luiz Inacio Lula da Silva and the Brazilian Government for recognising Vietnam’s market economy status, which will facilitate the access of their countries’ businesses to each other’s markets in a fair and mutually beneficial manner.
PM Chinh encouraged Skoda Auto to manufacture not only passenger cars but also other types of vehicles, engines, and components for automobile factories in Vietnam, leveraging the country as a strategic base to expand its reach across Southeast Asia.
Prime Minister Pham Minh Chinh and his Singaporean counterpart Lawrence Wong agreed on decisive and timely measures for enhancing political trust and creating new breakthroughs for the two countries' comprehensive strategic partnership, during their talks in Hanoi on March 26.
Young people are the pioneering and core force with limitless creativity, capable of quickly adapting to and mastering technology research, development, and transfer, innovation, entrepreneurship, and digital transformation, according to PM Pham Minh Chinh.
PM Pham Minh Chinh affirmed the message of Party General Secretary To Lam and senior Vietnamese leaders that they attach great importance to and want to cooperate closely with President Trump’s administration to promote the Comprehensive Strategic Partnership, and maintain a stable and increasingly substantive development momentum.
PM Chinh highlighted the commitment of both sides to seriously, effectively, and decisively implement the agreements reached during the meeting between the two Politburos and the bilateral cooperation plan for 2025, noting that it is necessary to explore new ways to boost all-around cooperation from politics, foreign affairs, security and defence to investment, trade, transport connectivity, culture, education, healthcare, and science – technology.
Secretary of the Da Nang Party Committee Nguyen Van Quang reported that since the end of 2024, Da Nang has determined that it will strive for growth of over 10% and budget revenue increase of over 15% in 2025.
Prime Minister Pham Minh Chinh urged Quang Ngai province to continue engaging the entire political system in the housing programme, towards assisting 4,500 disadvantaged families.
PM Pham Minh Chinh noted that Vietnam remains actively engaged in global initiatives to ensure food security and achieve the Sustainable Development Goals (SDGs).
Key leaders of Vietnam on January 26 sent congratulatory messages to newly-elected leaders of the Republic of Ireland.
PM Pham Minh Chinh called for cooperation and connection between ASEAN and the world, and between Vietnam and ASEAN countries to develop together and move forward together to exploit the world’s intelligence to serve common development goals.
Prime Minister Pham Minh Chinh had a working session with the Vietnam Innovation Network in Europe (VINEU) and Vietnamese experts in Prague on January 19 afternoon (local time) as part of his official visit to the Czech Republic.
Prime Minister Pham Minh Chinh has issued a decision on setting up a steering committee for regional and international financial centres.
Economic diplomacy has truly become a key component in all external affairs, especially high-level diplomacy, contributing effectively to implemeting strategic breakthroughs, Prime Minister Pham Minh Chinh said while chairing a conference with ambassadors and heads of Vietnamese representative agencies abroad to review the economic diplomacy work in 2024, in Hanoi on December 20.
Prime Minister Pham Minh Chinh attended the opening ceremony of the Vietnam International Defence Expo 2024 on the morning of December 19.
Vietnam aims to turn its Halal industry into a strong economic sector, positioning the country as an indispensable destination on the global Halal map and an important link in the supply chain of Halal products and services worldwide, Prime Minister Pham Minh Chinh stated at a conference held in Hanoi on October 22.
Vietnam always treasures cooperative ties with the European Union (EU) and its member states, Prime Minister Pham Minh Chinh told President of the European Council (EC) Charles Michel at their meeting on October 10 on the sidelines of the 44th and 45th ASEAN Summits and Related Summits in Vientiane, Laos.
Vietnamese Prime Minister Pham Minh Chinh attended the 21st ASEAN - India Summit and the ASEAN - Canada Special Summit in Vientiane, Laos, on October 10.
Vietnamese Prime Minister Pham Minh Chinh had a meeting with Chairman of the Lao National Assembly (NA) Saysomphone Phomvihane in Vientiane on October 8 as part of his trip to attend the 44th and 45th ASEAN Summits in the neighbouring country.