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Vietnam's GDP growth projected to expand to 7.6% in Q2 2025: Govt

22 Jun '25
1 min read
Vietnam's GDP growth projected to expand to 7.6% in Q2 2025: Govt
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Insights

  • Vietnam's economy is estimated to expand by 7.6 per cent in Q2 2025 compared to Q1's 6.93 per cent, standing deputy prime minister Nguyen Hoa Binh recently told the National Assembly.
  • The figure is higher from the government's previous estimate of 7.58 per cent for the quarter.
  • FDI inflows reached over $20 billion and the amount of FDI disbursement was valued at $12 billion in the quarter.
Vietnam's economy is estimated to expand by 7.6 per cent in the second quarter (Q2) this year compared to Q1’s 6.93 per cent, standing deputy prime minister Nguyen Hoa Binh recently told the National Assembly.

The figure is higher from the government's previous estimate of 7.58 per cent for the quarter.

State budget revenues accounted for 66.2 per cent of the whole year's plan in the first five months this year, said Nguyen.

Foreign direct investment (FDI) inflows reached over $20 billion and the amount of FDI disbursement was valued at $12 billion in the quarter.

The government also strengthened its fight against counterfeit goods and trade fraud in the quarter, a domestic news outlet reported.

To achieve the GDP growth target goal of 8 per cent this year, the government would double its efforts to stabilise the macro-economy, control inflation and ensure major balances of the economy, the deputy prime minister said.

The government is rolling out a virtual assistant platform capable of providing information on approximately 1,800 public services.

Fibre2Fashion News Desk (DS)

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