As such, beyond broader impacts such as rising global oil prices exerting inflationary pressure and risks of disruptions to maritime routes through the Middle East, developments in the region may also have direct implications for Vietnam.

Exports reached USD 76.4bn (+18.3% YoY), while imports grew faster (+26.3% YoY), reflecting rising demand for inputs in the new production cycle. Investment remained a key driver, with public investment disbursement and FDI maintaining growth.

January Vietnam economic macro indicators continued to show clearer signs of improvement, particularly in manufacturing and exports. However, underlying risks and the delayed recovery of the domestic private sector (DDI), consumption, and the interest rate environment warrant close monitoring.

In 2025, Viet Nam’s economy reached a cyclical peak, with GDP growth accelerating to 8.02%—one of the highest rates recorded in nearly three decades—despite a backdrop of weakening global growth and heightened uncertainty. Growth momentum was broadly based across all three pillars of aggregate demand, underpinned by accommodative monetary conditions, early credit expansion, a renewed leadership role of public investment, and record-high disbursement of FDI inflows.

In 2025, Vietnam recorded peak-cycle growth, with GDP expanding by 8.02% year on year—one of the highest rates in nearly three decades—well above regional averages and most international forecasts, despite weakening global growth, rising uncertainty, and mounting domestic exchange-rate pressures.

The year 2025 unfolds amid a global economic landscape characterized by protracted subdued growth, interspersed with fragile signals of stability and increasingly evident structural risks.

Current Domestic Economic Conditions The domestic economy continues to show some positive results. Industrial production is expanding, and manufacturing activity remains in an expansionary phase. However, these improvements seem largely seasonal. They heavily rely on domestic demand, while external conditions are deteriorating rapidly. Export weakness is now synchronized across key markets. Shipments to the United States have declined for the fourth consecutive month due to t

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On the morning of November 13, during the 10th session of the National Assembly, lawmakers approved the Resolution on the 2026 socio-economic development plan, which sets an ambitious target: GDP growth of at least 10%, and GDP per capita reaching USD 5,400–5,500. Electronic voting results showed that 429 out of 433 participating delegates voted in favor, equivalent to 90.51% of all National Assembly members. The plan emphasizes establishing a new growth model, with science–t

Ho Chi Minh City is transforming into one of Southeast Asia’s most dynamic centers for innovation and startups, backed by strong government support and a vibrant entrepreneurial ecosystem.

Against this backdrop, industry outlooks are expected to diverge significantly, reflecting varying levels of adaptability and policy-driven advantages across sectors.

One key highlight is the mandatory use of non-cash payments for VAT input deduction.