28.9 C
Ho Chi Minh City
Wednesday, July 2, 2025

spot_img

TAG

GDP growth

Brighter macroeconomic outlook

Vietnam’s macroeconomic performance continued its strong rebound in May 2025, according to a recent report by SSI Research. With economic activity accelerating over the past two months, second-quarter GDP growth is projected to reach approximately 7.5% year-on-year and could climb even higher if June’s data shows an unexpected surge. Investment leads the way Investment was the standout performer in May. Registered foreign direct investment (FDI) jumped by 117.4% year-on-year, while public investment disbursement rose sharply, bringing the year-to-date increase to 38.8%. These figures underscore two key trends: Investor confidence in Vietnam remains resilient despite a challenging global environment marked by trade tensions and protectionist measures. The Government remains firmly committed to fully disbursing its 2025 public investment budget. Among all economic sectors, manufacturing continued to be the engine of growth, expanding by 10.8% in the first five months of the year. In late May, Vietnam posted a notable trade surplus, with exports to the United States rising by 36%. This sharp increase reflects the agility of Vietnamese exporters in capitalizing on a temporary suspension of U.S. reciprocal tariffs. On the demand side, domestic consumption maintained double-digit growth, with service-related consumption outpacing goods. Inflation remained under control, with the consumer price […]
To read more, please click here.

UOB forecasts Vietnam’s Q2 GDP growth at 6.1%

HCMC – Singapore’s United Overseas Bank (UOB) has projected Vietnam’s gross domestic product (GDP) would grow 6.1% in the second quarter of 2025, supported...

Key solutions mapped out to boost economic growth

The Government has issued Resolution 154/NQ-CP on May 31, setting out 12 key tasks and measures to implement the 2025 socio-economic development plan and...

Key solutions mapped out to boost economic growth

HCMC - The Government has issued Resolution 154/NQ-CP on May 31, setting out 12 key tasks and measures to implement the 2025 socio-economic development...

Economic resilience: Vietnam pushes forward in uncertain times

The General Statistics Office recently released key macroeconomic indicators for Q1-2025. Overall, Vietnam’s economy maintained a positive growth trajectory despite considerable challenges amid global...

Unlocking credit access for SMEs

Small and medium-sized enterprises (SMEs) have few choices when it comes to borrowing, but access to loans at commercial banks is still tough though...

Vietnam’s GDP growth hits five-year high in Q1

HCMC - Vietnam’s gross domestic product (GDP) expanded by 6.93% year-on-year in the first quarter of 2025, the highest Q1 growth rate since 2020,...

Hinging on fiscal policy

Aware of challenges in achieving the ambitious GDP growth target of 8% or higher this year, the Government has reaffirmed its commitment through Directive...

Vietnam seeks global support for technology-driven growth

HCMC – Prime Minister Pham Minh Chinh has called on international partners to support Vietnam’s transformation into a technology-driven economy, emphasizing science, innovation, digital...

Latest news

spot_img