Business news from Ukraine

Business news from Ukraine

Vietnam celebrates 80th anniversary of National Day (September 2)

On September 2, 2025, Vietnam will celebrate the 80th anniversary of its founding.

80 years is a special historical milestone for the entire country, the entire nation, and every Vietnamese person. It is not only a great national holiday, but also a symbol of the spirit of solidarity, patriotism, and unbreakable will of all generations of the Vietnamese people who sacrificed themselves and dedicated themselves to the independence and freedom of their homeland.

It was on September 2, 1945, in the historic Ba Dinh Square, that President Ho Chi Minh, the great leader of the Vietnamese people, read the “Declaration of Independence,” marking the beginning of the Democratic Republic of Vietnam, which is now the Socialist Republic of Vietnam. This event opened a new era in the history of the nation—an era of independence and freedom.

To achieve this historic moment, the entire Vietnamese people rose up unanimously and carried out the August Revolution, putting an end to 80 years of French colonial rule. However, the path to complete independence and reunification did not end there. Vietnam had to go through two more difficult wars of resistance against the French colonizers and American imperialists.

Inspired by President Ho Chi Minh’s call that “nothing is more precious than independence and freedom,” the Vietnamese people fought with unwavering courage, enduring incredible hardships, losses, and sacrifices, and finally, in 1975, gained independence, freedom, and reunited the country.

From a besieged and isolated country, backward and severely devastated by 30 years of war against foreign invaders, Vietnam has transformed itself into a state with a rapidly growing economy, ranking among the top 35 economies in terms of GDP and among the top 20 economies in the world in terms of trade.

Vietnam pursues an independent and autonomous foreign policy aimed at maintaining peace, cooperation, and development, adheres to the principles of multilateralism and diversity, and strives to be a friend, reliable partner, and responsible member of the international community.

In terms of national defense, Vietnam has established regular, elite, and gradually modernized armed forces and adheres to a policy of “four no’s” (no military alliances, no foreign bases, no collusion with one country against another, and no use or threat of force).

Vietnam currently has diplomatic relations with 194 countries around the world and attaches great importance to developing friendly and mutually beneficial relations with all its traditional friends, among which Ukraine occupies a special place.

For many years, Vietnam and Ukraine have maintained comprehensive partnership and cooperation in various fields, from economics and trade to science, technology, culture, and humanitarian exchanges.

Many generations of Vietnamese have studied and worked in Ukraine. Many of them now hold important positions in government agencies, and some are successful businesspeople. For example, Vietnam’s first billionaire, Pham Nhat Vuong, earned his first money while living in Kharkiv in the early 1990s, when he launched the instant noodle brand Mivina.

Many Ukrainian specialists and engineers also came to Vietnam to help the country with its post-war reconstruction.

Thousands of Vietnamese chose Ukraine as their second home and stayed here after studying and working.

Despite the challenges posed by the war, bilateral trade remains stable: in the first half of 2025, bilateral trade grew by 30% compared to the same period in 2024, increasing from $430 million to $560 million.

Looking ahead, as confirmed by Vietnamese President Le Quang in his congratulatory message to President Zelensky on the occasion of the 34th anniversary of Ukraine’s independence, Vietnam is ready to further strengthen cooperation with Ukraine in various fields, from trade and economy to science, technology, and culture, in the interests of the peoples of both countries.

 

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