The economy of Vietnam is a developing mixed socialist-oriented market economy. It is the 35th-largest economy in the world by nominal gross domestic product (GDP) and the 26th-largest economy in the world by purchasing power parity (PPP). It is a lower-middle income country with a low cost of living. Vietnam is a member of the Asia-Pacific Economic Cooperation, the Association of Southeast Asian Nations and the World Trade Organization.

The COVID-19 pandemic in Vietnam has resulted in 11,624,000 confirmed cases of COVID-19 and 43,206 deaths. The number of confirmed cases is the highest total in Southeast Asia, and the 13th highest in the world. Hanoi is the most affected locale with 1,649,654 confirmed cases and 1,238 deaths, followed by Ho Chi Minh City with 628,736 cases and 20,476 deaths; however, the Vietnamese Ministry of Health has estimated that the real number of cases may be four to five times higher.