Retail sales in the first 10 months of 2025 rose 9.3% year-on-year in nominal terms and 7% in real terms, extending the recovery that began in 2024, according to a recently released report from Maybank IBG Research (Maybank).

Vietnam is emerging as a standout growth performer not only in Southeast Asia but across Asia as a whole, according to Professor Reena Marwah from the University of Delhi, and Secretary-General of the Association of Asia Scholars (AAS).

VOV.VN - Singapore’s United Overseas Bank (UOB) has recently upgraded its 2025 GDP growth forecast for Vietnam to 7.7%, citing the country’s robust export performance, resilient manufacturing activity and sustained foreign investment inflows.

Although Vietnam has recorded strong economic performance in 2025, the country should adopt a more cautious stance in 2026, with a focus on infrastructure investment, productivity gains and market diversification to retain its position as one of Southeast Asia’s fastest-growing economies.

VOV.VN - With an overwhelming majority of votes in favour, the National Assembly passed the Resolution on the 2026 Socio-Economic Development Plan on November 13, setting an ambitious goal for GDP growth of 10% or more.

VOV.VN - Singapore’s United Overseas Bank (UOB) has raised its 2025 GDP growth forecast for Vietnam to 7.7% from 7.5%, according to the bank’s Quarterly 4Q 2025 Global Outlook report.

VOV.VN - To achieve the set GDP growth rate of over 8% in 2025, fourth-quarter GDP must grow by more than 8.4%, said Prime Minister Pham Minh Chinh at a monthly regular Government meeting in Hanoi on November 8.

The total retail sales of goods and consumer service revenue were estimated at VND598.4 trillion (US$23 billion) last month, up 0.2% compared to the previous month and 7.2% compared to the same period last year.

The Hong Kong-Shanghai Banking Corporation (HSBC) and Standard Chartered, in their reports released late October, raised the GDP growth forecasts for Vietnam to 7.9% and 7.5%, respectively, nearly 2 percentage points higher than their previous projections.

VOV.VN - To achieve the GDP growth target of 8.3-8.5% in 2025, the Vietnamese Government needs to maintain macroeconomic stability while revitalizing traditional growth drivers and promoting new momentum.