Beijing (VNA) – Vietnam’s GDP growth of 8.02% in 2025 stands out as a notable achievement, reflecting the country’s strong resilience and dynamism amid a complex and volatile global economic environment, according to Xu Ningning, Chairman of the Regional Comprehensive Economic Partnership (RCEP) Industry Cooperation Committee.
Speaking to VNA correspondents in Beijing about Vietnam’s economic performance last year, Xu attributed the result to robust growth in manufacturing, exports and foreign direct investment.
Manufacturing emerged as a core driver of the economy, with exports serving as the main engine of growth, while domestic consumption and business activity expanded in tandem. This clearly demonstrated the advantages of Vietnam’s open-door policy and its considerable growth potential, he noted.
Assessing the country’s economic outlook for this year, with a target of 10% growth or higher, Xu said the goal reflects confidence in its development trajectory. He also suggested that Vietnam adopt a multi-pronged approach to address emerging challenges.
First, Vietnam should make fuller use of free trade agreements such as the RCEP and the ASEAN-China Free Trade Agreement (ACFTA) 3.0, and fully implement trade facilitation measures, including tariff reductions and rules of origin, to further expand exports of key products.
Second, it is necessary to strengthen industrial and supply-chain coordination, attract investment into high-tech sectors, and accelerate digital transformation in traditional industries.
Third, Xu called for stepped-up investment in transport, energy and other infrastructure, alongside enhanced connectivity.
Fourth, he urged Vietnam to prioritise both the expansion of domestic demand and the stabilisation of foreign investment, while optimising the business environment and mitigating risks arising from global economic fluctuations.
Finally, Xu highlighted the importance of strengthening industrial cooperation with regional partners, particularly by leveraging the complementary strengths of the Vietnam-China industrial chains to achieve resource sharing and coordinated development./.
VNA
