On the streets of Ho Chi Minh City in the early morning, electric taxis with green signs quietly drove by. The wind outside the windows was not only tropical, but also a new trajectory of Vietnam's economy extending outward. From the implementation of the economic and trade blueprint with Canada, to the entry of electric taxis into the streets of India, to the synchronized acceleration of charging networks and overseas investment, the multidimensional expansion of this Southeast Asian country is like a gradually unfolding map, with each stroke pointing towards broader growth opportunities.

Vietnam Canada Economic and Trade Cooperation Upgrades Again

On June 5, 2026, the third meeting of the Vietnam Canada Economic Mixed Committee was held, co chaired by Pan Sicheng, Deputy Minister of Industry and Trade of Vietnam, and Alan Tangalaj, Deputy Minister of Global Affairs of Canada. The meeting approved the 2026-2028 Economic Cooperation Action Plan, which provides a clear roadmap for bilateral economic and trade cooperation in the next three years.

By 2025, the trade volume between Vietnam and Canada will reach nearly 8.6 billion US dollars, with Vietnam's exports to Canada increasing by 18.2% and Canada's exports to Vietnam increasing by 24%. In the first four months of 2026, Vietnam's exports to Canada will increase by another 25%, while Canada's exports to Vietnam will soar by 62%. The action plan focuses on three major directions: promoting trade and investment diversification, making good use of the CPTPP mechanism, and advancing the ASEAN Canada Free Trade Agreement negotiations; Strengthen cooperation in key mineral resources, high-tech, digital transformation and other fields; Expand cooperation in clean energy, liquefied natural gas and other fields. The Trade Promotion Bureau of the Ministry of Industry and Trade of Vietnam has signed a trade support project document with TFO Canada for the period of 2026-2030 to assist enterprises in responding to changes in the international market.

Stable promotion of government bond financing

In the first five months of 2026, the Vietnamese treasury raised a total of 159.186 trillion Vietnamese dong through government bonds, completing 72% of the second quarter plan and 32% of the annual plan. In May alone, 33.63 trillion Vietnamese dong was raised through 17 auctions, with a steady issuance pace. 10-year and 5-year bonds dominate, accounting for 54% and 45% of the total issuance for the month, respectively. In the last tender at the end of May, the winning interest rates of various maturity bonds remained stable, reflecting the market's recognition of Vietnam's sovereign credit. As of the end of May, the total value of government bonds listed in the secondary market reached 269.2 trillion Vietnamese dong, a month on month increase of 2%. Cash transactions accounted for 74.37% of the total transaction volume, while foreign transactions accounted for 4.33%, achieving a net purchase of 137 billion Vietnamese dong. Stable financing provides support for public investment and infrastructure.

Dual acceleration of green industry going global

In the first five months of 2026, Vietnam's total outward direct investment reached 794.6 million US dollars, a year-on-year increase of 1.5 times. The construction industry, electricity and gas production and distribution industry, and transportation and warehousing industry account for over 60% of the total investment, covering 33 countries and regions, with Laos, Kyrgyzstan, and the United Kingdom ranking in the top three. During the same period, foreign registered investment flowing into Vietnam reached 24.81 billion US dollars, a year-on-year increase of 34.9%, with processing and manufacturing accounting for 65%. Vietnam is transitioning from a capital recipient country to a major country with two-way investment.

Synchronized efforts in green industry: In the first four months of 2026, VinFast delivered 78458 electric vehicles, a year-on-year increase of 75.56%. The Ministry of Industry and Trade has formulated 18 standards related to charging stations and plans to improve the legal system by 2026. VinFast has built 150000 charging ports and added 99 high-power charging stations, reducing charging time to 15 minutes; Install 150000 battery swapping cabinets nationwide to improve the convenience of electric motorcycles. The consumer end has launched policies such as registration tax reduction and tax incentives, and VinFast also provides support such as installment car purchases and free charging. Keywords: Vietnam, electric vehicles, outbound investment

On June 5, 2026, Vietnam Green Intelligent Travel Co., Ltd. launched the Green SM Limo service in New Delhi, India, using the VinFast Limo Green model. It signed a memorandum of cooperation with five Indian companies and has an international presence covering five countries. The overseas path of this enterprise provides a reference sample for Chinese new energy vehicle companies.Editor/Gong Ziwei