Vietnam is poised to accelerate economic growth in 2025, raising its GDP target to at least 8.0%—a testament to its expanding industrial manufacturing sector and thriving trade environment, Minister of Planning and Investment Nguyen Chi Dung announced on Wednesday.
The country’s trade-driven economy continues to gain momentum, with exports and imports expected to rise by 12% this year, contributing to an estimated $30 billion trade surplus. Vietnam’s strong manufacturing base and foreign investment flows, projected to reach $28 billion, underscore its growing role as a global supply chain hub.
Industrial production and construction are forecasted to expand by 9.5%, further driving economic activity. Meanwhile, domestic retail sales are expected to rise by 12%, reflecting strong consumer confidence. The government remains committed to ensuring macroeconomic stability, with inflation targeted between 4.5% and 5.0%.
Vietnam’s focus on trade diversification, investment attraction, and industrial growth reinforces its position as a leading economic powerhouse in the region. With proactive policies and strategic global partnerships, the country is well-positioned to navigate global trade shifts and sustain its upward trajectory. The revised GDP target is currently under review by parliament.
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