Vietnam is preparing to raise its average monthly minimum wage by 7.8%. Hanoi, Ho Chi Minh City, and Da Nang will have the highest minimum wage at 5.7 million dong per month. If approved, the increase will take effect from January 1, 2570.

Economists have upgraded Vietnam's GDP growth forecast for 69 to 7.3%, boosted by the chip market and a surge in FDI, even though the central bank still faces the challenge of controlling inflation while stimulating the economy.

Vietnam's economy expanded by 8.39% in Q2/69, exceeding the expected 7%. Exports in June surged 28.1%, and FDI increased by 61%, despite still facing risks from US tariffs and rising energy costs.

The Vietnamese government has reaffirmed its 10% economic growth target for 2569, despite pressure from a trade deficit that soared to $15,000 billion in the first half of the year.

Vietnam is shifting from a low-cost manufacturing base to a more sophisticated industrial economy, in line with the government's approach of attracting high-quality FDI.

The Communist Party has issued a new resolution to attract foreign investment to boost the economy, focusing on high-tech industries and innovation. The goal is to attract at least three major corporations.

The Prime Minister has instructed seven ministries to accelerate cooperation in all dimensions and establish mechanisms to drive trade and investment between Thailand and Vietnam, elevating the relationship from trading partners to "partners of the future."

Thailand and Vietnam agreed to expand cooperation in defense, maritime security, cybersecurity, and the defense industry, while also promoting the 2+2 mechanism and regional cooperation.

The Prime Minister met with Thai private sector representatives in Vietnam to promote cross-border investment, emphasizing the concept of mutual growth. He stressed that Thailand and Vietnam have the potential to be strategic partners in driving the ASEAN economy.

The Prime Minister has arrived in Hanoi for an official visit and will immediately begin his duties meeting with Thai and Vietnamese private sector representatives before holding discussions with high-level Vietnamese leaders and attending the ASEAN Future Forum.