Industrial production sustained robust growth in the first six months of the year, with the Index of Industrial Production (IIP) rising by an estimated 10.8% year-on-year, marking the highest growth rate since 2019. The sector was primarily driven by improving export demand, investment from new projects, and the rapid expansion of production by businesses.

When Viet Nam announced an 8% growth rate for 2025, economists across Asia took note, a Malaysia-based scholar said, considering this not a miracle, but the result of methodical economic positioning that transformed vulnerabilities into engines of expansion.

The leading economist from the International Monetary Fund (IMF) has recently said Canada is facing high inflation, weak growth and anxiety in financial markets, which have been also the challenges that are dragging down the global economic outlook.