Vietnam’s economy is one of the fastest-growing in the world. Can it make the leap into the ranks of middle-income countries?

Spotting cyan VinFast EV taxis in Ho Chi Minh City — a neat symbol of Vietnam’s fast-moving, homegrown modernization alongside hip coffee shops and street-food stalls.
The economy is booming (about 8% growth last year, VN-Index up ~35%, and an FTSE upgrade coming), turning cities into vibrant shopping and investment hubs.
Big ambitions meet real constraints: a 10% growth target, large infrastructure financing needs, rising labor costs, energy strains and a talent gap that could slow the rush.