UOB recently raised its 2025 GDP growth forecast for Vietnam to 7.7%, close to the Government’s 8% target. The revision reflects robust results in the first three quarters of 2025, particularly in manufacturing and exports, placing Vietnam among the fastest-growing economies in ASEAN.
Meeting with WEF Managing Director Stephan Mergenthaler, PM Pham Minh Chinh thanked Mergenthaler and WEF for their support in organising the Autumn Economic Forum, noting that the Managing Director’s address added energy and substance to the event.
With decisive policy actions, proactive diplomacy and strategic reform priorities, the country is now aiming for an ambitious GDP growth target of 8% or more this year - a goal lawmakers and experts believe is within reach, provided key breakthroughs are implemented effectively.
The consumer price index (CPI) in the two months increased 3.27% compared to the same period last year. State budget revenue reached 25.4% of the annual estimate, up 25.7%.
Vietnam still has significant potential to increase the presence of institutional investors in both markets. As such, the stock market status upgrade is just the first step in attracting these investors.
Vietnam’s GDP was estimated to expand 7.1% in 2024, surpassing the Government’s 6.5% target, thanks to supportive monetary policies and strong retail sales.
