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DNO - Vietnam has just recorded its highest six-month GDP growth since 2008.
According to Finance Minister Nguyen Van Thang, speaking at the government's socio-economic conference on July 3, Vietnam’s GDP grew 7.31% in the first half of 2025, with Q2 growth reaching 7.67%.
This strong performance comes alongside other positive indicators: registered FDI exceeded $21.5 billion, up 32.6% year-on-year, marking the highest level since 2009. Over 152,700 new businesses were established or resumed operations, 20% more than those exiting the market.
Minister Thang also underscored the recent advancements in Vietnam-US relations, which include an agreement on a fair and balanced trade framework, as well as a phone conversation between Party General Secretary To Lam and US President Donald Trump. He emphasised the importance of continued cooperation, particularly in key sectors such as high technology.
Global organisations, including the IMF, World Bank, and OECD, express optimism regarding Vietnam’s economic prospects. However, challenges remain, particularly in managing exchange rates and interest rates.
Prime Minister Pham Minh Chinh has called for "three accelerations" to boost total social investment by 11–12% and fully disburse public investment funds. Vietnam aims for GDP growth of at least 8% in 2025, laying the foundation for double-digit growth in the following years.
The government places significant emphasis on fostering an independent and resilient economy, advancing green and sustainable development, and diversifying markets, products, and supply chains.
Source: cafef.vn