Several international institutions have lowered Vietnam’s economic growth forecast from around 7% to between 6% - 6.2% in 2025, due to global policy uncertainty and slowing exports on escalating trade tensions.

Vietnam’s economy is expected to grow steadily in the coming years despite global uncertainties that may weigh on foreign investment and exports.

VOV.VN - Domestic consumption is considered one of the key drivers of economic growth. To achieve the 2025 economic growth target of over 8%, boosting consumer demand, particularly through the continued 2% cut in value-added tax (VAT), is seen as a crucial solution.

VOV.VN - Given the tightening of consumer spending and their focus on value-driven choices, many businesses have launched attractive promotional programs running until the end of the year to stimulate consumption and econmic growth.

Nikkei Asia on May 5 published a mega story by journalist Atsushi Tomiyama, analysing the impressive economic growth that Vietnam has achieved thanks to its renovation efforts.

Indian General P.K. Chakravorty has expressed his deep admiration for Vietnam’s remarkable achievements over the past five decades, particularly as the country prepares to celebrate the 50th anniversary of the liberation of the South and national reunification (April 30, 1975–2025).

The National Assembly (NA) Standing Committee discussed a draft resolution regarding the continued reduction of value-added tax (VAT) for the latter half of 2025 and entire 2026 at its 44th session on April 23.

Prime Minister Pham Minh Chinh signed an official dispatch on April 22, outlining key tasks and solutions aimed at driving Vietnam’s economic growth throughout the year.

Prime Minister Pham Minh Chinh on April 10 signed for issuance of an official dispatch outlining a plan to accelerate tourism development, aiming to drive double-digit economic growth.

VOV.VN - The government of Vietnam is expected to maintain its economic growth rate of 8% and beyond this year despite a 6.93% rate in the first quarter.