Vietnam emerges as bright economic spot in Asia: international media

By leveraging its position in global supply chains, maintaining macroeconomic stability, and improving growth quality, Vietnam has strong potential to remain one of the fastest-growing economies in the region in the coming years, foreign media said.

A view of Cat Lai Port in Ho Chi Minh City (Photo: VNA)
A view of Cat Lai Port in Ho Chi Minh City (Photo: VNA)

Hanoi (VNA) – International media outlets have hailed Vietnam’s 8.02% GDP growth in 2025, calling it a rare bright spot in Asia amid uncertain global trade landscape.

According to Nikkei Asia of Japan, the 8.02% growth is the fastest expansion in the last three years, placing the country among the top-growing economies over the past 15 years.

The growth was driven by a broad-based recovery across economic sectors, with industry and construction up 8.95% and services rising 8.62%. In the fourth quarter of 2025, the country’s GDP expanded by 8.46% year-on-year, marking the highest fourth-quarter growth since 2011.

The results show that Vietnam’s economy has maintained strong resilience despite 2025 being a volatile year for global trade, especially with the US imposing additional tariffs on Vietnamese imports, Nikkei Asia noted.

In an article on Vietnam’s 2025 economy, The Diplomat highlighted that Vietnam’s growth is even more impressive given that the US began imposing a 20% tariff on Vietnamese goods in August 2025.

According to The Diplomat, Vietnam’s exports to the US continued to rise despite the tariffs, underscoring the country’s key role in global supply chains. Citing official data, the magazine reported that Vietnam’s total exports in 2025 reached around 475 billion USD, up 17% from 2024.

economic2.jpg
Textiles for export produced at Ho Guom Group JSC in Hung Yen province (Photo: VNA)

Vietnam is now a key link in global supply chains for electronics, textiles, footwear, and consumer goods. Multinational corporations such as Samsung, Apple, and Nike continue to operate large assembly facilities in Vietnam, using imported components and materials—mainly from China—before exporting to the US and other markets.

Notably, international media sees foreign direct investment (FDI) as a key pillar of Vietnam’s growth. Nikkei Asia reported that FDI disbursements in the Southeast Asian country reached around 27.62 billion USD last year, up 9% from 2024—the highest ever. Meanwhile, new investment commitments remained stable, reflecting foreign investors’ long-term confidence in Vietnam’s economic prospects.

In its report, the US-based Associated Press (AP) noted that Vietnam remains a strong magnet for foreign investors. The agency highlighted that the growing presence of FDI firms is helping position Vietnam as a new manufacturing centre in Asia and bolster its ambition to become Asia’s next “tiger economy."

AP also noted that the Vietnamese Government is accelerating public investment and infrastructure development to sustain medium- and long-term growth. The simultaneous implementation of 234 big projects worth 129 billion USD, is seen as a key step to improve infrastructure capacity, reduce logistics costs, and attract hi-tech investment.

Looking ahead to 2026, international media noted that Vietnam still faces external challenges, including trade policy risks, regional investment competition, and pressure to upgrade infrastructure and logistics.

However, AP said Vietnam’s continued efforts to streamline procedures, invest in infrastructure, and expand exports to the Middle East, Africa, Latin America, and India are important strategies to sustain its growth.

By leveraging its position in global supply chains, maintaining macroeconomic stability, and improving growth quality, Vietnam has strong potential to remain one of the fastest-growing economies in the region in the coming years, foreign media said./.

VNA

See more

A Vinh Long official introduces signature local products to Korean guests. (Photo: VNA)

Vinh Long courts Korean investment in key sectors

Vice Chairman of the provincial People’s Committee Nguyen Truc Son vowed to accompany investors and provide them with optimal conditions, while building a transparent and stable business environment to secure long-term engagement from foreign enterprises, particularly those from Daejeon.

Delegates at the launching ceremony (Photo: VNA)

Digital platform on overseas market development launched

With Vietnam’s network of 64 trade offices overseas, Deputy PM Son noted that connecting them through a modern digital platform could help establish a unified national trade information system that operates efficiently, transparently and with strong forecasting capacity.

The Government’s issuance of Decree No. 72/2026/ND-CP revising preferential import tariffs on several petrol products and raw materials is a timely move to diversify supply sources. (Photo: VNA)

Fuel import tariff cuts strengthen Vietnam’s energy resilience: experts

Economic expert Dinh Trong Thinh said revising fuel import tariffs helps diversify supply sources and reduce reliance on traditional markets, thereby strengthening Vietnam’s ability to cope with potential global supply shocks. Ensuring access to multiple energy sources is also vital for safeguarding national energy security, he added.

Leaders of Dak Lak province inspect IUU fishing prevention and control efforts at Phu Lac fishing port, Hoa Hiep ward. (Photo: daklak.gov.vn)

Dak Lak readies for EC mission on anti-IUU fishing efforts

Dak Lak province is completing preparations for an upcoming European Commission (EC) inspection on efforts to combat illegal, unreported and unregulated (IUU) fishing, with a view to having the fisheries “yellow card” removed.

Vietnamese Ambassador to Argentina Ngo Minh Nguyet speaks at the event. (Photo: VNA)

Vietnam, Argentina promote trade, investment cooperation

On relations with South America, Nguyet noted that in December 2025, Vietnam and the Southern Common Market (MERCOSUR) announced the launch of negotiations for a Preferential Trade Agreement (PTA). She expressed her hope that the agreement will be signed soon, thereby further boosting trade and investment between Vietnam and MERCOSUR member states, including Argentina.

Customers buy petrol at a Petrolimex petrol station in Tran Hung Dao ward, Hung Yen province. (Photo: VNA)

PM orders stronger measures to ensure stable petrol supply

The MoIT was instructed to direct key petrol producers and traders to proactively develop supply plans to guarantee adequate fuel provision for distribution systems, maintain regular sale operations, and sell products at listed prices. It must also closely monitor developments in global and domestic petrol markets and adopt appropriate management measures when necessary.

Farmers in Ca Mau province use combine harvesters to harvest rice. (Photo: VNA)

PM orders coordinated measures to stabilise rice production and markets

The Minister of Agriculture and Environment is tasked with instructing local authorities to closely monitor production developments, improve forecasting capacity, strengthen pest control measures, and proactively respond to adverse weather conditions to protect crops, maintain planned yields and output, and reduce production costs.

A worker refuels a vehicle at a petrol station in Hung Yen province. (Photo: VNA)

Fuel prices slashed as stabilisation fund used

According to a joint decision by the Ministry of Industry and Trade and the Ministry of Finance, the price of RON95-III petrol – the most widely used grade – fell by 3,880 VND to 25,240 VND (0.95 USD) per litre.

Customers purchase petrol at Station No. 03 (Petrolimex Hung Yen) on Quang Trung Street, Tran Hung Dao ward, Hung Yen province. (Photo: VNA)

Hung Yen takes measures to curb speculation, stabilise fuel market

Petrolimex Hung Yen maintains regular reserves of about 5,500 cubic metres at directly managed outlets and roughly 2,000 cubic metres at franchised stations. The provincial Department of Industry and Trade has ordered closer monitoring of supply and demand and retail prices to detect shortages or unjustified price hikes.

The automobile assembly line of the Honda Phuc Yen factory in Phu Tho province (Photo: VNA)

Honda Vietnam sees decline in motorcycle, car sales

Sales of both motorcycles and automobiles by Honda Vietnam declined in February, dropping 19.6% and 41.8% year-on-year, respectively, according to the company’s latest business results released on March 11.

Team 2 of the Hanoi Market Surveillance Sub-department inspects operations of a Petrolimex petrol station on Tran Quang Khai street (Photo: VNA)

Hanoi maintains stable supply of petrol, LPG

The Hanoi Market Surveillance Sub-department said petrol and LPG trading activities across the city remain stable, with supply largely meeting demand despite volatility in global energy prices.

A Qatar Airways aircraft is seen at Noi Bai International Airport in Hanoi. (Photo: VNA)

Qatar Airways cancels 13 more flights amid Middle East conflicts

Statistics show that airspace across the Middle East has yet to return to normal operations, with multiple FIRs still imposing restrictions or partial closures. As a result, international flight operations through the region continue to face disruptions and route adjustments.