VOV.VN - The Singapore-based United Overseas Bank (UOB) has revised its GDP growth forecast for Vietnam in 2025 to 7%, up from the previous projection of 6%, citing strong momentum from 2024 and factoring in potential risks from future trade conflicts under the US administration.

The Government and its members, and leaders of ministries and localities commit to successfully completing all tasks set for 2025, Prime Minister Pham Minh Chinh affirmed at a conference held in Hanoi on January 8 to review the Government and local administrations’ performance in 2024 and launch tasks for 2025.

VOV.VN - 2024 saw Vietnamese economy record positive outcomes as the gross domestic product (GDP) grew by 7.09%, whilst foreign arrivals to the country surged by 39.5% on-year.

VOV.VN - Despite facing numerous difficulties and the impact of Typhoon Yagi, the Vietnamese economy grew impressively by 7.09% last year, with the growth rate reaching an estimated figure of 7.55% in the fourth quarter of 2024, according to details given by the General Statistics Office (GSO).

VOV.VN - Positive growth in exports and imports, impressive foreign investment attraction, and stable macroeconomic conditions are viewed as the bright spots in Vietnam's economy in 2024.

VOV.VN - With positive domestic and global growth drivers, economic experts predict that Vietnam is likely to reach a GDP growth rate of 7.5% to 8% in the year ahead.

Vietnam must strive to achieve at least 8% economic growth this year or even higher, laying a foundation for double-digit growth from 2026, wrote Prime Minister Pham Minh Chinh in his New Year's Day article.

The information and communications industry’s total revenue for this year is estimated at VND4.24 quadrillion (US$166.7 billion), marking a 13.2% increase from 2023.

Vietnam’s GDP is forecast to hit US$450 billion in 2024, placing it 34th globally, according to the UK-based Centre for Economics and Business Research (CEBR).

Thailand’s fintech giant SCB X has announced a plan to complete its acquisition of Home Credit Vietnam Finance Co, the consumer finance arm of Home Credit NV (Home Credit Group), in the first half of 2025, pending regulatory approval.