According to the September Macroeconomic Report of the Research Bloc - MBS Securities Joint Stock Company (MBS), despite risks of tariffs and global political and economic instability, Vietnam still recorded positive results in August 2025.
For example, strong export growth (up 14.8% svck), FDI capital flow (up 8.8% svck), accelerating disbursement of public investment capital (up 26.9% svck), and the number of tourists recovering (up 21.7% svck).
Meanwhile, inflation is still well controlled despite strong credit growth and persistent exchange rate pressure. Accordingly, the Government has raised the target for GDP growth this year to 8.3% - 8.5%.
"We forecast GDP growth in the third quarter of 2025 at 8.6% - 8.9% - showing that the country is still on track to achieve its ambitious target" - MBS experts predicted.
Previously, in the report on Vietnam's economic prospects just released near the end of September, the global market and economic research department of UOB Bank (Singapore) said that Vietnam's real gross domestic product (GDP) increased sharply by 7.96% over the same period in the second quarter of 2025 (compared to the adjustment of 7.05% in the first quarter of 2025), surpassing the forecast of 6.85% by Bloomberg news agency and 6.1% of UOB itself before.
"Despite risks and instability from tariffs, the Vietnamese economy still shows resilience and dynamism. After an impressive growth rate of 7.5% in the first half of 2025 and expectations of increased support from public investment, we have adjusted the GDP growth forecast for the whole year to 7.5%" - UOB forecast.
According to information from the International Monetary Fund (IMF) last week, despite increased fluctuations both domestically and internationally, Vietnam's economic growth still shows resilience, thanks to support policies.
The IMF forecasts that Vietnam's economic growth will slow down to 6.5% in 2025 and continue to slow down in 2026.
Previously, according to the Vietnam Economic Update Report published in September, the World Bank (WB) forecast that Vietnam's economy will grow by 6.6% in 2025, thanks to a breakthrough rate of 7.5% in the first half of the year.
According to the WB report, in the medium term, growth is forecast to slow down to 6.1% in 2026, before recovering to 6.5% in 2027 thanks to the improvement of global trade and Vietnam continuing to maintain its advantage as a competitive manufacturing destination.
"To support growth and reduce risks from the outside, the report recommends that Vietnam needs to promote public investment, control risks in the financial system, and promote institutional reforms" - the World Bank recommended.
