Int’l media spotlight Vietnam’s achievements under Party chief’s leadership
International media have reported the passing of Party General Secretary Nguyen Phu Trong on recent days and also reviewed milestones of his career.
Party General Secretary Nguyen Phu Trong. Photo courtesy of Vietnam News Agency.
In a program broadcast live last Friday of Channel One, politician and former member of the State Duma of Russia Vyacheslav Nikonov expressed deep condolences to the Party, State, and people of Vietnam.
He described the Party chief as a big friend of Russia, stressing that Trong was truly a great friend of Russia who had substantial influence on the successful development of bilateral relations.
The Komsomol Truth newspaper said under General Secretary Trong’s leadership, Vietnam obtained the biggest achievements in economic, political, and social affairs and maintained stable GDP growth.
Sharing the view, the media in Japan said Vietnam’s most outstanding achievement during Trong’s leadership was high economic growth, the increased stature in the international arena, and the comprehensive, multidirectional, and balanced foreign policy in a polarized world.
The NHK television station along with Nikkei Asia and Yomiuri newspapers perceived that the Party leader carried out comprehensive diplomacy to consolidate and maintained Vietnam’s good relations with the U.S., China, Japan, Russia, and other countries while promoting multidirectional diplomacy even when the international community is increasingly polarized.
The Asahi newspaper noted that under Trong’s leadership, Vietnam positioned its ties with Vietnam as comprehensive strategic partnership. Trade and the sending of technical interns have been intensified. He visited Japan and met then Prime Minister Abe Shinzo in 2015.
Nikkei Asia, Yomiuri, and Asahi added that the Party leader launched a thorough crackdown on corruption which is a historic move in the fast-growing economy and gains public support, thereby strengthening the Party’s centrality.
Nikkei Asia reported that Geneal Secretary Trong was known more widely through his academic statements, including the one that socialism unceasingly improves the quality of people’s material and spiritual lives as he said in a 2022 speech. This newspaper also named some of its famous books.
In terms of economy, it said, Vietnam secured fast growth under his leadership thanks to its participation in free trade agreements and other measures. Vietnam has attracted foreign manufacturers by taking such measures as joining in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Global enterprises, from tech giant Apple of the U.S. to Chinese electric vehicle producer BYD, Japanese apparel retailer Uniqlo, and others are expanding their supply chains in Vietnam, a market emerging as a centre of garment and tech devices.
In the U.S., many large newspapers have run articles about his leadership career over the last 13 years.
The Washington Post wrote that Trong led Vietnam to a period of stronger economic opening, and his anti-corruption drive attempted to burnish public trust in the Party and its stewardship of Vietnam’s economy, one of the most dynamic in the region, with sectors that include a growing start-up culture.
He was seen as an artful practitioner of Vietnam’s “bamboo diplomacy” as the country navigates ties with its most important economic partners, China and the U.S., while also building bonds with nations such as India and Russia, according to the newspaper.
The New York Times said the Party chief was viewed as a frugal leader. He oversaw one of Asia’s fastest-growing economies and raised Vietnam’s prestige on the international stage.
- Read More
Property fever prompts tighter inspection in central Vietnam's economic hub Danang
Chairman of Danang city People’s Committee, Pham Duc An, has ordered a comprehensive inspection and audit of land valuation and auction activities to prevent and address market manipulation that could destabilize the local property market.
Real Estate - Sat, October 18, 2025 | 8:00 am GMT+7
Vietnam mulls opening door for private investment in small modular reactors
Vietnam’s Ministry of Industry and Trade has drafted a parliamentary resolution that, for the first time, would allow private companies to participate in the development of small modular nuclear reactors (SMRs).
Energy - Fri, October 17, 2025 | 4:37 pm GMT+7
Kido seeks buyer for remaining 49% stake in frozen food affiliate
Kido Group (HoSE: KDC), a leading food company in Vietnam, has approved a plan to divest the firm's remaining 49% stake in its affiliate Kido Frozen Food JSC (Kido Foods).
Companies - Fri, October 17, 2025 | 4:25 pm GMT+7
Le Ngoc Quang appointed Danang city's Party chief
Le Ngoc Quang, a Party Central Committee member and Party chief of Quang Tri province, has been appointed Party chief of Danang for the 2025-2030 term - the highest position in the city, central Vietnam's economic hub.
Politics - Fri, October 17, 2025 | 4:17 pm GMT+7
T&T Group seeks to reshape north-central Vietnam’s urban landscape with major projects
Multi-sector conglomerate T&T Group is developing a model eco-urban complex in Ha Tinh province and plans to build a massive 236-hectare urban area in neighboring Nghe An, with an aim to reshape north-central Vietnam's urban landscape.
Investing - Fri, October 17, 2025 | 2:44 pm GMT+7
Toyota plans $359 mln plant expansion in northern Vietnam
Toyota Motor Vietnam (TMV) plans to invest about VND9.46 trillion ($359.2 million) in the first phase of its plant expansion project in Phu Tho province.
Investing - Fri, October 17, 2025 | 2:09 pm GMT+7
PVI Insurance sees 9-month profit before tax more than doubling
PVI Insurance has reaffirmed its position as the No. 1 non-life insurer in Vietnam, with total revenue increasing nearly 1.4 times in the first nine months of 2025 and pre-tax profit more than doubling year-on-year - surpassing its full-year targets for both revenue and profit.
Companies - Fri, October 17, 2025 | 9:08 am GMT+7
Vingroup to develop 4,600ha coastal urban project in northern Vietnam
A consortium of Vingroup (HoSE: VIC) and its real estate arm Vinhomes (HoSE: VHM) will develop a 4,600-hectare coastal urban complex in Ha An ward, Quang Ninh province, following local authorities’ approval of a zoning plan.
Real Estate - Fri, October 17, 2025 | 8:30 am GMT+7
Indonesia resumes int’l carbon trading after 4-year hiatus
Indonesian President Prabowo Subianto has issued a new decree to restart international carbon emissions trading after a four-year hiatus.
Southeast Asia - Thu, October 16, 2025 | 9:23 pm GMT+7
Investors seek 2-year delay for $2.56 bln LNG power project in northern Vietnam, citing equipment hurdles
Investors of a $2.56 billion LNG-fired power plant in Hung Yen province have proposed delaying the project’s commercial operation schedule by two years due to difficulties securing key equipment.
Energy - Thu, October 16, 2025 | 9:04 pm GMT+7
Vietnam to soon raise taxpayers' personal deduction: official
The personal income tax deduction in Vietnam is "very likely" to increase to VND21.7 million ($823,940) per month, including VND15.5 million (588,530) for the taxpayer and VND6.2 million ($235,410) for each dependent.
Finance - Thu, October 16, 2025 | 6:25 pm GMT+7
Business confidence climbs as reforms gain traction amid global headwinds: EuroCham Vietnam
The index climbed to 66.5, surpassing pre-tariffs level and reaching its highest in three years – showcasing resilience and adaptability amid global headwinds and evolving U.S. tariff pressures.
Economy - Thu, October 16, 2025 | 4:36 pm GMT+7
Vietnam's stock market watchdog suspends two Grant Thornton auditors
Vietnam's State Securities Commission (SSC) has suspended two auditors from Grant Thornton Vietnam after determining that the 2024 audited financial statements of Saigon Water Infrastructure Corporation (HoSE: SII) failed to meet required standards.
Finance - Thu, October 16, 2025 | 3:35 pm GMT+7
Law No. 56 a major policy breakthrough for Vietnam's stock market development
The Law No. 56, effective January 1, 2025, is one of the major legal breakthroughs in recent years that will enhance the transparency and operational efficiency of the Vietnamese stock market.
Finance - Thu, October 16, 2025 | 2:30 pm GMT+7
WHA Group breaks ground on smart technology industrial zone in central Vietnam
Thailand's WHA Group on Tuesday broke ground on a world-class, modern, and environmentally friendly industrial zone in central Vietnam, namely the WHA Smart Technology Industrial Zone-Thanh Hoa.
Real Estate - Thu, October 16, 2025 | 2:00 pm GMT+7
Vietnam a key partner in Murphy Oil’s global strategy: exec
Vietnam remains a key partner in Murphy Oil’s global business strategy, said Eric Hambly, the U.S. corporation's president and CEO.
Companies - Thu, October 16, 2025 | 12:06 pm GMT+7






















