Since 1993, Vietnam has undergone a remarkable socio-economic transformation, lifting over 40 million people out of poverty. The national poverty rate fell sharply from approximately 58% in 1993 to just 1.9% in 2024 (Báo Kiểm toán Nhà nước, 2025). The economy also maintained robust momentum, with GDP expanding by an estimated 7.09% in 2024. According to the Government’s Resolution, Vietnam’s GDP reached USD 476.3 billion, positioning the country 33rd globally (Vietnam Laws, 2025). These achievements underscore Vietnam’s sustained economic resilience, deepening global integration, and growing capacity for innovationThe Vietnam-U.S. partnership has been instrumental in this trajectory. Cooperation between the two nations has broadened across key pillars including trade, education, environmental sustainability, and security, enabling Vietnam to engage more substantively in the global value chain.In this week’s episode of Vietnam Innovators (English), host Hảo Trần interviews with Ted Osius, former U.S. Ambassador to Vietnam and currently President & CEO of the US-ASEAN Business Council. Drawing on more than three decades of diplomatic experience and first-hand engagement with Vietnam’s evolution, Ambassador Ted Osius reflects on milestone moments, the role of innovation and technology, and how Vietnam is steadily asserting itself as one of the region’s most dynamic emerging economies.

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