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Update news GDP growth rate
Vietnam recorded a high economic growth rate of 8.02 percent in 2025, helping its GDP expand rapidly and putting it on track to overtake Singapore and Thailand in the coming decade, experts have said.
The NA’s Standing Committee on October 15 gave opinions on the summary report on implementing the 2025 socio-economic development plan, and the expected 2026 plan.
Vietnam recorded a modest 3.27% increase in its consumer price index (CPI) in the first half of 2025, well below the National Assembly’s 4-5% inflation target.
Implementing an ambitious reform agenda, including streamlining institutions, promoting private sector development, and improving infrastructure will create opportunities to enhance medium-term growth.
E-commerce has been likened to a "new silk road" in Vietnam, which has been growing rapidly, reaching value of $25 billion in 2024.