Vietnam: Strong GDP Growth in 2025 and Reinforced Economic Ambitions

Vietnam’s economy recorded an outstanding performance in 2025, with GDP growth reaching 8.02%, one of the highest rates in recent years. In a still-uncertain global environment, this result highlights the country’s economic resilience and sustained momentum.

Growth driven by key economic sectors

This strong expansion was supported by several major drivers:

• The industrial and construction sectors benefited from a rebound in manufacturing activity and continued public and private infrastructure projects.

• The services sector saw significant growth, particularly in tourism, transport, and domestic consumption.

• At the same time, foreign trade remained a pillar of the economy, with rising exports contributing to a solid trade surplus.

  
  

Together, these factors have strengthened Vietnam’s position as one of Southeast Asia’s most dynamic economies and a key player in global value chains.

GDP performance and socio-economic progress

In 2025, Vietnam’s GDP reached approximately USD 514 billion, while average income per capita exceeded USD 5,000, placing the country firmly within the upper-middle-income category.

Beyond headline figures, this growth reflects deeper structural improvements, with increasing contributions from high-value industrial activities and services, as well as stronger integration into international markets.

Ambitious targets for 2026

Building on these results, Vietnamese authorities have announced even more ambitious objectives for 2026, with an official GDP growth target of around 10%. This strategy aims to accelerate the transition toward higher value-added industries, innovation-driven growth, and improved living standards.

Foreign direct investment continues to play a crucial role in this outlook, supported by Vietnam’s strategic location, competitive workforce, and expanding network of international trade agreements.

Looking ahead

Despite ongoing challenges such as global trade tensions and macroeconomic uncertainty, Vietnam’s economic trajectory remains highly attractive to investors and international businesses. The country continues to position itself as a long-term growth hub in Asia, combining stability, ambition, and strong fundamentals.