Hanoi, Oct. 21 -- Vietnam's economy is forecast to exceed 505 billion USD by the end of 2025, placing the country among the world's 30 largest economies, according to projections by the World Bank.

Domestic momentum powering Vietnamese goods to global markets

Experts highlight that Vietnam is now one of the world's 20 most open economies, with total import-export turnover in 2024 reaching over 786 billion USD, up more than 15% compared to the previous year.

Key sectors such as textiles and garments, wood and furniture, electronics, food processing, seafood, and industrial equipment have become internationally competitive, contributing to a dynamic and diversified industrial ecosystem.

Nguyen Quoc Khanh, Chairman of AA Corporation and ...