Yesterday afternoon (January 5th), at the press conference announcing the socio-economic situation for Q4 and the entire year of 2025, Ms. Nguyễn Thị Hương, Director of the Statistics Bureau (Ministry of Finance), stated that in 2025, the global economy faced numerous challenges and uncertainties. However, Vietnam overcame these difficulties to achieve comprehensive economic results.
According to data from the Statistics Bureau, Vietnam’s GDP in Q4/2025 increased by 8.46% compared to the same period last year. The Director of the Statistics Bureau noted that Q4/2025’s GDP growth was the highest in the 2021–2025 period. Vietnam’s economy maintained a trend of each quarter outperforming the previous one throughout the year. As a result, the GDP for the entire year of 2025 increased by 8.02% compared to 2024. In the 15-year period (2011–2025), this figure was only lower than the growth rate in 2022 (8.12%).
Notably, with these results, Vietnam’s average GDP growth from 2021 to 2025 reached approximately 6.3% per year, higher than the 6.2% of the previous term.
Vietnam’s economic growth surpassing 8% is a highlight amidst the global economy’s continued volatility, particularly due to trade tensions and U.S. retaliatory tariffs. According to international organizations, this is the highest in Southeast Asia and among the world’s top growth rates.
Vietnam’s GDP at current prices in 2025 is estimated at $514 billion, an increase of $38 billion compared to the previous year. The per capita GDP in 2025 is equivalent to $5,026, an increase of $326 compared to 2024 ($4,700). This result places Vietnam in the upper-middle-income country group.
In 2025, for the first time, Vietnam recorded an export turnover exceeding 930 trillion VND, an increase of 18.2% compared to 2024. Of this, export turnover reached 475 trillion VND, a 17% increase from the previous year, with 36 items generating over $1 billion.
The service sector remains the largest contributor to the economy’s added value, at over 51.08%. Notably, services contributed the most to the economy’s added value, with over 51.08%, an increase of 8.62% compared to the previous year. Additionally, agriculture, forestry, and fisheries increased by 3.78%, contributing 5.3%; industry and construction increased by 8.95%, contributing 43.62%.
In the industry and construction sector, the industrial sector achieved its highest growth rate since 2019. Specifically, the added value of the industrial sector in 2025 is estimated to increase by 8.8% compared to the previous year, contributing 35.15% to the overall growth in the economy’s added value.
Vietnam Aims for Double-Digit Growth in 2026
For the first time, Vietnam recorded an export turnover exceeding 930 trillion VND in 2025. Illustrative image
In 2026, Vietnam aims for double-digit growth while maintaining macroeconomic stability, controlling inflation, and ensuring major economic balances.
According to the Director of the Statistics Bureau, this is a significant challenge requiring strong solutions to accelerate the disbursement of public investment capital, especially for critical and nationally important projects. Additionally, authorities need to resolve and finalize long-pending projects. The economy must also continue its deep restructuring while promoting exports and developing the domestic market.
For businesses, the Director of the Statistics Bureau believes that management agencies need to implement preferential policies, foster competition, and create favorable business conditions to attract large, high-tech projects. She emphasized that Vietnam should establish a mechanism to selectively attract foreign investment in potential areas such as chips, semiconductors, innovation, and green hydrogen, which can drive new growth.
According to the Statistics Bureau, in 2025, nearly 297,500 enterprises registered for establishment or resumed operations, a 27.4% increase compared to the same period in 2024. This means an average of nearly 24,800 enterprises were established or resumed operations each month. The number of enterprises withdrawing from the market each month was approximately 18,900.
In Q4/2025, the percentage of enterprises reporting improved conditions compared to the previous quarter increased by 1.1%. Meanwhile, the groups maintaining stability and those finding the market more challenging decreased by 0.2% and 0.9%, respectively.
UOB Revises Vietnam’s 2026 GDP Growth Forecast to 7.5%
UOB’s latest report, authored by Suan Teck Kin, Global Head of Market and Economic Research at UOB Singapore, has revised Vietnam’s economic growth forecast for 2026 upward to 7.5%.
Secretary-General Tô Lâm Signs Politburo Resolution on State Economic Development
Resolution No. 79-NQ/TW, dated January 6, 2026, emphasizes that the state-owned economy is a critically important component of the socialist-oriented market economy. By 2030, Vietnam aims to have 50 state-owned enterprises among the 500 largest companies in Southeast Asia and 1-3 state-owned enterprises among the 500 largest companies globally.
Prime Minister: Vietnam’s GDP Growth to Lead Globally in 2025, Officially Ranking as the World’s 32nd Largest Economy
This morning, the Government convened a nationwide online conference with local authorities to evaluate the outcomes of 2025 and outline tasks for 2026. The conference was live-streamed from the Government headquarters to 34 provinces and centrally-governed cities.
2025 Socio-Economic Outlook: Record-High Metrics Across Key Indicators
Through the concerted efforts of the entire political system, the people, the military, and the business community, Vietnam’s socio-economic landscape in 2025 is projected to achieve its overarching goals and numerous significant milestones. Notably, all 15 key targets have been met or exceeded, marking a year of remarkable progress and collective achievement.
General Secretary To Lam Signs Politburo Resolution on State Economic Development
Resolution No. 79-NQ/TW, dated January 6, 2026, emphasizes that the state-owned economy is a critically important component of the socialist-oriented market economy. By 2030, Vietnam aims to have 50 state-owned enterprises among the top 500 largest companies in Southeast Asia and 1-3 state-owned enterprises in the global top 500.
