Vietnam's Economic Police Urged to Intensify Fight Against Corruption

National Assembly Chairman Tran Thanh Man has urged the Economic Police to take the lead in applying sci-tech advances, leveraging data analytics, enhancing the capabilities of digital investigation and financial flow tracing, while proactively identifying emerging risks to economic, financial, data, and supply chain security. This directive underscores Vietnam's commitment to strengthening its anti-corruption efforts, a key pillar in ensuring the sustainability of its economic growth under the one-party system. Party General Secretary and State President To Lam highlighted the country's recent socio-economic achievements, recognizing the significant contributions by the People's Public Security force, particularly the People's Police, senior police leaders, and the Association of Former People's Public Security Officers through grassroots movements safeguarding national security. This emphasizes the integrated approach to security and national development within Vietnam's political framework. Vietnam's economy maintained solid growth in the first seven months of 2026, with industrial production, foreign investment, consumption, and tourism posting strong gains, laying a solid foundation for achieving the full-year growth target. Standard Chartered has sharply raised its forecast for Vietnam’s economic growth in 2026 to 9.5%, up from its previous projection of 7.2%, citing stronger-than-expected recovery in manufacturing, investment, and domestic consumption. This positive outlook reflects international confidence in Vietnam's economic potential. Ho Chi Minh City is capitalizing on its seaport advantages and stronger regional connectivity following its administrative merger to drive logistics and the marine economy. By prioritizing infrastructure investment and strengthening its role as a maritime gateway, the city aims to become a regional logistics hub. This strategy leverages Vietnam's geographical strengths to enhance its position in regional economic networks. Furthermore, Vietnam is strengthening its Comprehensive Strategic Partnership with Thailand, with both nations celebrating the 50th anniversary of diplomatic ties on August 6, 2026. Parliamentary cooperation is a key pillar of bilateral relations, contributing to enhanced political trust. This reflects Vietnam's foreign policy aimed at stabilizing relations with neighboring countries and expanding its regional influence.