Viet Nam’s economy maintained strong growth in 2025 despite facing severe natural disasters and a volatile global environment, with gross domestic product (GDP) estimated to have increased 8.02% year on year, meeting targets set by the National Assembly and the Government, according to Nguyen Thi Huong, Director General of the National Statistics Office (NSO) under the Ministry of Finance.

Viet Nam’s economy witnessed a strong breakthrough in the third quarter of 2025, driven by the recovery of both supply and demand factors. Despite this momentum, inflation rose by only 3.27% year-on-year, significantly below the National Assembly’s target range of 4–4.5%, reflecting effective price stabilisation amid robust growth.

The merger of Ho Chi Minh City, Binh Duong and Ba Ria–Vung Tau has created a mega city - the new Ho Chi Minh City - opening up great opportunities to harness the core strengths of each locality and to promote the development of the digital economy.

Following its merger, Quang Ngai Province, with a new development space, now possesses many significant potentials and advantages. These serve as new driving forces for Quang Ngai to make breakthroughs and rise to become a fairly developed province, a major growth pole of the Central and Central Highlands regions in the coming years.

Prime Minister Pham Minh Chinh has called on ministries and local authorities to work together to reach an economic growth target of 8.3 - 8.5% in 2025 and double-digit growth in the following period, while cautioning that the challenges ahead will outweigh the opportunities.

According to the General Statistics Office (under the Ministry of Finance), agricultural production in May and the first five months of 2025 maintained stable growth across agriculture, forestry, and fisheries.

Two drivers of Vietnam's economic growth – exports and domestic demand – are moderating, according to a report released by the World Bank (WB) on December 14.