Foreign media impressed by Vietnam’s robust economic growth

Loading and unloading exports at Hai Phong port (Photo: VNA)

Hanoi (VNA) – Asian and Western news outlets such as channelnewsasia.com and uz.kursiv.media, have praised Vietnam’s impressive economic growth, noting that the Southeast Asian economy is showing strong resilience despite the effects of recent US tariff policies.

This outcome far exceeds expectations, aligning with the Vietnamese Government’s ambitious target of 8.2–8.5% growth this year and surpassing forecasts from international financial institutions such as the World Bank (6.6%) and the International Monetary Fund (6.5%).

According to sources, key drivers of Vietnam’s economic growth include foreign direct investment (FDI) with 18.8 billion USD - the highest in five years; industrial production (up 9.1% in the first nine months); international tourist arrivals (up 21.5%) and retail sales (growing 11.3%). The country’s inflation remains within the target range. These positive economic indicators have boosted the stock market, reflecting investors’ confidence in the economy’s fundamentals.

Khmer-language media in Cambodia have also been impressed by Vietnam’s growth data, noting that, from a technical perspective, the country’s current growth momentum reflects long-term political stability and achievements Vietnam made during nearly 40 years of economic reform.

The UK-based site finimize.com noted that Vietnam’s rapid expansion leads the way, while Australia, Thailand, and others grapple with softer inflation and cautious consumer sentiment across Asia.

Vietnam’s success highlights the payoff of strong policy and trade ties, it said, noting that the country’s economy has outperformed expectations in 2024–2025, despite a weaker local currency, ranking among the region’s leading economies in GDP growth and inflation control.

Vietnam’s growth demonstrates the resilience of emerging economies. Strong production and export performance have helped the country withstand currency fluctuations and global instability. Supply chains continue to shift to Vietnam, and with low unemployment and stable consumer spending, the Southeast Asian nation proves that emerging economies can sustain growth momentum even under currency pressure./.

VNA