Vietnam diplomatic and economic engagement

Vietnamese President Tô Lâm has been engaging in diplomatic and economic activities to strengthen international relations and support national development.

In early October 2026, President Tô Lâm met with Maeda Tadashi, Chairman of the Japan Bank for International Cooperation (JBIC), to discuss mobilizing Japanese financial resources for Vietnam’s development. The discussions focused on high-quality investment in infrastructure, semiconductors, artificial intelligence, and data centers, as well as energy security and participation in new financial centers in Ho Chi Minh City and Da Nang.

On October 3, 2026, President Tô Lâm received credentials from ambassadors representing Palestine, the Czech Republic, Denmark, South Korea, Malaysia, Norway, the Netherlands, Belgium, Brazil, and France. During these meetings, the President emphasized the role of ambassadors in implementing bilateral agreements and accelerating relations to meet the development needs of both nations.

He encouraged the diplomats to propose specific projects and action programs that provide “tangible benefits to their people and contribute to regional stability.” The President also outlined a new development model prioritizing science, technology, innovation, and digital transformation, noting that Vietnam achieved an economic growth rate of nearly 10% during the first nine months of 2026.