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.

Domestic Economic Conditions The domestic economy continues to post some positive results, with industrial production expanding and manufacturing activity remaining in expansionary territory. However, these improvements appear largely seasonal and heavily reliant on domestic demand, while external conditions are deteriorating rapidly. Export weakness has become more synchronized across key markets: shipments to the United States declined for the fourth consecutive month amid

Highlight of Vietnam social-economic events in 2021. Full-year GDP in 2021 increased by 2.58%, thanks to a quick recovery in Q4 (+5.22% YoY)