Keyword: "GDP"

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☀️ Morning digest on July 7

☀️ Morning digest on July 7

PM Pham Minh Chinh's activities in Brazil, Vietnam's economic performance in the first half of 2025, and the country advancing to the final round of the 2026 AFC Women’s Asian Cup are among news highlights last weekend.

Part of the capital of Vientiane. (Photo: VNA)

Laos eyes economic growth of over 5% by 2030

In early 2025, the Lao economy showed signs of recovery amid many challenges and fluctuations in the global economy. In the first quarter of this year, the Lao economy achieved a growth rate of 4.5%. According to the latest report of the Government in May, the country's inflation rate decreased significantly to 8.3% in the month.

Processing - manufacturing remained a growth driver of the whole economy as the activities rose 9.28% to contribute 2.33 percentage points to the overall growth. (Photo: VNA)

Vietnam's GDP expands by 6.93% in Q1

The agro-forestry-fishery, industry-construction, and service sectors expanded by 3.74%, 7.42% and 7.7%, contributing 6.09%, 40.17%, and 53.74% to the total GDP expansion during January–March, respectively.

Private sector contributes about 51% of GDP

Private sector contributes about 51% of GDP

With nearly one million enterprises and approximately five million individual business households, the private economic sector plays a crucial role in Vietnam's economy. It currently contributes 51% of GDP, generates over 30% of state budget revenue, and provides employment for more than 40 million people, accounting for 82% of the total workforce.