Vietnam Economy
Vietnam's economic scale in 2025 is expected to be over 500 billion USD
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The Government will continue to carefully analyze and have breakthrough solutions to strive to complete the 2025 target of GDP growth of 8% or more, the scale of the economy reaching over 500 billion USD (expected to rank 30th in the world, up 2 places), GDP per capita reaching over 5,000 USD.
Vietnam is positioning itself as a competitive destination for foreign investment in Southeast Asia
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In the first months of 2025, the media and international organizations have positive and optimistic comments about Vietnam's economic development.
International press is optimistic about the positive signals of Vietnam's economy
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In April 2025, Vietnam's economy was assessed by many international organizations and newspapers as optimistic, with many positive signals in many fields.
Digital transformation - Vietnam's main growth driver
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Digital transformation can boost GDP by up to 3% per year in developing countries, becoming an important factor for Vietnam's continuous growth.
New opportunity, new luck
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Since the beginning of the term of implementing the Resolution of the 13th National Party Congress, our country has faced many difficulties, some of which are unprecedented. The prolonged COVID-19 pandemic has caused serious consequences, the conflict between Russia and Ukraine has become complicated, many supply chains have been broken; inflation has increased, countries have tightened monetary policies... This has had a profound impact on political, economic and social security on a global scale.
Vietnam expected to grow significantly by 2025
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Economic organizations forecast that Vietnam's economy will grow more rapidly than other countries in the region by 2025.
Vietnam is ready to enter a new era
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With the efforts of the entire Party and people, in the period of 2021-2024, Vietnam's economy has grown positively with many bright spots. These are important premises and motivations for Vietnam to confidently and courageously enter a new era.
Highlights of Vietnam's economy in 2024
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In 2024, despite many difficulties, with the efforts of the entire Party and people, Vietnam's economy will still grow positively with many bright spots.
Strong growth potential of Vietnam's economy
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According to the latest updated data from the World Bank (WB), the size of Vietnam's economy has increased from 346 billion USD, ranked 37th in the world in 2020 to 433 billion USD, ranked 34th in the world in 2023. Vietnam's economic growth is among the high-growth countries in the region and in the world.
International organizations raise Vietnam's GDP growth forecast
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Following the positive results of the third quarter of 2024, many international organizations have raised their forecasts for Vietnam's GDP growth for the whole year of 2024 compared to previous assessments.
Vietnam's economic growth outlook is positive
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Dr. Dorsati Madani - World Bank in Vietnam assessed that Vietnam's economic prospects in 2025 and 2026 are still very positive.
Japanese newspaper writes about Vietnam's GDP in the third quarter skyrocketing by 7.4%
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Vietnam's GDP growth in the third quarter of 2024 skyrocketed by 7.4%, the highest in 2 years, according to the title of an article in Nikkei Asia on October 6.
FED continues to increase interest rates and what impact will it have on the Vietnamese economy
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Despite the chaos in the banking market, the FED still increased interest rates by 0.25%. While major central banks in the world have increased interest rates, the State Bank of Vietnam has "turned the wind back" and reduced operating interest rates. So how will the FED's new move affect the Vietnamese market?
Vietnam is forecast to achieve economic growth miracle, a bright spot in the gray picture
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The IMF assessed Vietnam as a bright spot in the "gray picture" with a "mitigating" growth rate this year forecast to reach 7%.
US sponsors to help Vietnam transform into a digital economy
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On October 1, the US Agency for International Development (USAID) and the Ministry of Planning and Investment announced the project "Human resources for innovation - Startup ecosystem" (USAID WISE).
