vietnam economy

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Forum looks to drive Vietnam’s rapid and sustainable growth

Economists, both domestic and foreign, have noted Vietnam’s ability to maintain strong momentum, with ambitions to hit 8% growth in 2025 and 10% or more annually from 2026 to 2030.

Low wages drag down Vietnam’s public sector reform

Persistent underpayment of public workers continues to weaken state capacity and morale.

Vietnam’s reforms to drive economic leap by mid 2020s

Ambitious package to reduce red tape and upgrade infrastructure under IMF review.

Vietnam posts 7.52% GDP growth in H1 2025, highest since 2011

Vietnam's GDP rose 7.52% in the first six months of 2025, marking the highest mid-year growth rate since 2011, according to the General Statistics Office.

Vietnam PM demands end to credit quotas in push for market reforms

Prime Minister Pham Minh Chinh has urged the central bank to scrap administrative credit limits and embrace market-based controls.

Vietnam’s GDP growth poised to beat forecast by 0.3%: official

Vietnam’s economy outpaced forecasts in the first half, with GDP growth likely to exceed projections by 0.2 to 0.3%, Minister-Chairman of the Government Office Tran Van Son said on July 3.

Vietnam enjoys robust recovery amidst global challenges

Both the IMF and OECD believe that with solid macroeconomic fundamentals, a clear reform agenda, and active involvement from the private sector, Vietnam is well-positioned to maintain stable growth and enhance its position in global value chains.

Institutional reform recognised as key driver of Vietnam's economic growth

Vietnam has issued a lot of strategic policies and mechanisms, which are expected to help it continue pursuing the economic growth target of at least 8% this year.

UOB: Vietnamese firms remain optimistic about business prospect

According to UOB, following the US’s announcement of reciprocal tariffs of 46% on Vietnamese goods on April 2, around 80% of Vietnamese businesses have proactively taken measures to respond to potential impacts.

Credit booms, public investment stalls: Can Vietnam sustain high growth?

Vietnam’s aggressive credit expansion is clashing with slow public spending and poses systemic risks without policy alignment.

Vietnam’s economy echoes past risks amid soaring credit ratio

As credit dependency reaches 134% of GDP, concerns resurface over policy imbalances and macroeconomic stability.

Avoiding criminalization of economic, civil relations: immediate action needed

To reduce criminalization, the number of business conditions must be cut. Removing just one conditional business field can eliminate many restrictive regulations or procedures, experts say.

PM demands prompt responses to businesses’ requests, difficulties

Institutional bottlenecks, frankly, are numerous, both in quantity and impact on the business environment.

OECD Economic Surveys: Vietnam 2025 report released

The Ministry of Foreign Affairs (MoFA), in collaboration with the Ministry of Finance and the Organisation for Economic Co-operation and Development (OECD), on June 20 held a seminar to launch the OECD Economic Surveys: Vietnam 2025 report.

Which province is now the largest, smallest, richest in Vietnam?

After merging 34 provinces, Vietnam unveils new leaders in area, population, and average income.

Three-tier government and province mergers mark Vietnam’s reform era

Vietnam launches an ambitious national reform, merging provinces and adopting a streamlined three-tier governance system.

Vietnam’s economy sees positive signals in five months

Despite challenges, Vietnam recorded positive econnomic signals during the first five months of 2025 as the Government stays steadfast in the growth target of over 8% this year and double-digit expansion beyond.

Electronic taxation: will revenue cover the costs?

Two million Vietnamese business households with an annual revenue of less than VND1 billion will enter a new period from January 1, 2026 when the electronic invoice policy takes effect.

Vietnam's GDP forecast lowered amid global policy uncertainty

The Organisation for Economic Co-operation and Development (OECD) forecasts Vietnam’s economic growth at 6.2% this year and 6% next year.

Vietnam sees 11.3% rise in new, reactivated businesses in five months

Vietnam saw nearly 111,800 newly established and reactivated enterprises in the first five months of 2025, reflecting an 11.3% year-on-year increase, according to the National Statistics Office (NSO).