Organizations such as the OECD, IMF and EU forecast that global GDP growth will increase slightly or stabilize at 3.2%-3.3% in 2025. However, the global economy still faces many risks and challenges such as geopolitical conflicts and tensions, weak global supply chains due to geopolitical instability, supply shortages, cooling but still high inflation, rising interest rate risks and exchange rate fluctuations.
In addition, the new economic policies of the US President Donald Trump administration are expected to have a deeper impact on the world economy in general and many countries, including Vietnam. For Vietnam, most international organizations such as the WB, ADB, OECD and IMF forecast Vietnam's growth in 2025 at 6.1% - 6.6%.
The Asian Development Bank (ADB) maintained its positive view on Vietnam's economic growth in 2025 and raised its forecast for 2025 to 6.6%, from 6.2%.
This adjustment is based on Vietnam's strong export performance, including manufacturing, solid foreign direct investment (FDI) performance, supported by global currency adjustment trends and moderate global commodity prices (including crude oil prices).
Meanwhile, the World Bank (WB) expects Vietnam's GDP growth in 2025 to be around 6.5%, making Vietnam once again one of the fastest growing economies in the East Asia-Pacific region.
From another perspective, according to the International Monetary Fund (IMF) forecast, Vietnam's economy will reach a scale of 506 billion USD in 2025, ranking 33rd globally. This figure increased compared to the GDP of 433 billion USD and position 34 in 2023. In 2020, Vietnam's GDP reached 346 billion USD, ranking 37th in the world.
According to General Director of the General Statistics Office Nguyen Thi Huong, with the current domestic and international situation, it is necessary to implement a number of solutions to achieve the growth target.
"Proactively and flexibly manage monetary policy, stabilize exchange rates and interest rates; control prices and markets; ensure major balances of the economy. Ministries, sectors and localities promote the implementation and disbursement of public investment capital, quickly and effectively deploy large-scale investment tasks and projects, and increase the attraction of high-quality foreign investment capital. Promote consumption and focus on developing the domestic market.
Strengthening solutions to support businesses, especially small and medium enterprises, to access preferential loans at reasonable interest rates; supporting cost reduction for businesses, enhancing access to state support resources... Promoting and creating breakthroughs for new growth drivers, promoting the development of green economy, circular economy, e-commerce, and new business models.
"Support businesses to access and apply artificial intelligence, digital transformation, green transformation, circulation, low carbon emissions, resource saving, sustainable development... promote the export of green, environmentally friendly products" - Ms. Huong said.
