Hanoi, October 2, 2025 – The Vietnam New Economy Forum 2025 (VNEF), themed “Vietnam’s Economic Momentum: From Domestic Strength to Global Value Chains,” officially opened in Hanoi, gathering leaders of the Party and Government, representatives of ministries and sectors, along with a large number of leading economists and business executives from Vietnam and abroad.
In his keynote address, Deputy Prime Minister Ho Duc Phoc emphasized that the new economic model is not merely a choice but a command of the times. To make a breakthrough, Vietnam must simultaneously strengthen its internal capacities and deepen its integration into global value chains. The Government, he affirmed, will continue to accompany the business community, providing an enabling policy environment to foster innovation and enhance resilience amid global economic, political, and climate fluctuations.
Deputy Prime Minister Ho Duc Phoc, having a speech at the beginning of the Forum
At the opening session, Assoc. Prof. Dr. Hoang Van Cuong, Vice President of the Vietnam Economic Science Association and Chairman of the Forum, underscored Vietnam’s development aspirations in the new era. He noted that the country needs transformative models that fully harness domestic resources while linking closely with international supply chains to ensure long-term momentum.
The Forum featured a series of insightful presentations addressing key economic challenges and introducing several initiatives to help Vietnam achieve its economic goals in the coming years. Mr. Tim Evans, CEO of HSBC Vietnam, analyzed the potential for Vietnam’s economy to “take off” amid global integration. Dr. Nguyen Duc Hien, Deputy Head of the Central Economic Commission, proposed breakthrough solutions for developing new economic models.
A highlight of the event was a high-level panel discussion with leaders from major corporations such as Hoa Phat Group, Vinatex, CMC Corporation, CT Group, Grab Vietnam, KAFI Securities, and VCCI. The panelists discussed ways to strengthen domestic capacity, develop new economic models, and elevate Vietnam’s position within a rapidly restructuring global supply chain.
Amid challenges posed by geopolitical shifts, supply chain realignments, and the growing pressure for green transformation, the Vietnam New Economy Forum 2025 reaffirmed that sustainable development can only be achieved when the country fully leverages its internal strengths while proactively engaging with global trends. The Forum serves as a crucial step in Vietnam’s path toward becoming a highly competitive economy more deeply connected with the global ecosystem.
Participating in the Forum, Dr. Nguyen Phuong Nam, CEO of KLINOVA, contributed perspectives from the innovative business community in the fields of climate and sustainable development. As one of the pioneering enterprises promoting the green economy in Vietnam, KLINOVA is recognized as a representative of a new generation of dynamic companies ready to collaborate with the Government in shaping a forward-looking and sustainable economic model.
Dr. Nguyen Phuong Nam, CEO and representing of KLINOVA, participating in the Forum
The event concluded with the Vietnam Strong Brand Awards 2025, honoring enterprises that have led in innovation, creativity, and international integration. The Forum ended with a strong message of aspiration — to build a sustainable economic model and elevate Vietnam’s position in the global arena in the years ahead.
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