Surprising Forecast for Vietnam's GDP Growth in 2025

Thạch Lam |

With impressive economic achievements in 2024, Vietnam's GDP growth continues to be forecast positively by organizations.

According to the independent economic forecasting and analysis center CEBR (UK), in 2025, Vietnam's GDP per capita will reach 4,783 USD, a significant increase compared to 4,469 USD in 2024, bringing Vietnam closer to the target of upper middle income. It is expected that Vietnam will rank 124th in the world in terms of per capita income, marking a step forward in improving people's lives.

The World Bank (WB) and the Asian Development Bank (ADB) both forecast positive growth prospects for Vietnam. According to ADB, Vietnam’s GDP growth in 2025 could reach 6.6%, thanks to a strong recovery in manufacturing, trade, and supportive fiscal measures. Similarly, the WB raised its forecast for Vietnam’s economic growth to 6.5% in 2025.

In the 2025 strategy report of MB Securities Company (MBS), 6 main factors shaping Vietnam's macroeconomic outlook this year were pointed out, including: Accelerated production and growing exports; disbursement of public investment capital; inflation still below the target (4.5%); China's recovery prospects; balancing monetary policy...

Accordingly, MBS forecasts that Vietnam's exports will increase by 9-10% in 2025 thanks to vibrant global trade and regional agreements; disbursement of public investment capital in 2025 will reach about 85-90% of the plan, growing by 24-31% compared to 2024, with the boost from large projects and improved capital allocation mechanisms.

Seasia Stats - a reputable statistics site on Southeast Asian countries - forecasts that Vietnam's economy will rank 12th in Asia by 2025, with an expected economic size of about 506 billion USD. Vietnam is considered one of the manufacturing and trading powerhouses. Vietnam will continue to attract foreign investment, especially in manufacturing and electronics. Vietnam's trade agreements and strategic location strengthen its global economic integration.

In Official Dispatch No. 137/CD-TTg on promoting economic growth in 2025 issued on December 20, 2024 by Prime Minister Pham Minh Chinh, it is stated that 2025 is of special importance.

The Prime Minister requested ministers, heads of ministerial-level agencies, government agencies and heads of localities to resolutely and effectively implement the conclusions, resolutions and directions of the Government, the Central Committee, the Politburo and the Secretariat.

Prioritize strongly promoting economic growth associated with macroeconomic stability, controlling inflation, ensuring large balances and high surpluses; strive for the national GDP growth rate in 2025 to reach more than 8% (higher than the target assigned by the National Assembly).

Thạch Lam
TIN LIÊN QUAN

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Import-export and investment to lead Vietnam's GDP in 2025

Tuyết Lan thực hiện |

In an interview with Lao Dong Newspaper, Dr. Nguyen Quoc Viet - Deputy Director of the Vietnam Institute for Economic and Policy Research (VEPR) - stated that, with a positive scenario, Vietnam's GDP in 2025 can completely reach the set target. However, it is necessary to pay attention to the risks from fluctuations in the world economy.

Optimistic forecast for Vietnam's GDP growth

Thạch Lam |

HSBC predicts that Vietnam's GDP growth in 2024 will reach 7% - the highest among the six largest economies in Southeast Asia.

Vietnam's GDP growth prospects in 2025

Thạch Lam |

Vietnam's GDP growth in 2025 is forecast by many organizations from modest to more positive scenarios.