Vietnam’s gross domestic product (GDP) grew 6.93% in the first quarter of 2025 compared to the same period last year, the highest Q1 rate since 2020, the National Statistics Office (NSO) reported at a press conference in Hanoi on April 6.

Ambassador Mai Phan Dung, head of the Vietnamese Delegation in Geneva, praised Cambodia as one of the fastest-growing economies in the region, with an average annual GDP growth of nearly 5% since 2017 driven by trade liberalisation, tourism, foreign direct investment FDI, and export-oriented production.

Vietnam’s gross domestic product (GDP) in the first quarter of 2025 is projected to grow by nearly 8%, setting the stage for sustained economic development throughout the year.

A series of key infrastructure projects will commence or be inaugurated in Hue to mark the 50th anniversary of the central city’s liberation (March 26) and the 95th anniversary of its Party Organisation (April 1930-2025), local authorities announced on March 17.

VOV.VN - Singapore-based United Overseas Bank (UOB) has projected Vietnam’s GDP growth at 7% this year and 7.1% in the first quarter of the year, while highlighting both positive momentum and risks ahead.

VOV.VN - The government of Vietnam assessed the global economic landscape and reaffirmed its commitment to maintaining the 8% growth target in 2025 to create momentum for double-digit growth in the coming years, at its review meeting in Hanoi on March 8.

VOV.VN - The government will continue streamlining its administrative apparatus and preparing for the restructuring of the provincial- and district-level administrative units, alongside ensuring macroeconomic stability and promoting growth, said Prime Minister Pham Minh Chinh during the regular government meeting for February in Hanoi on March 5.

VOV.VN - The Government convened a regular monthly meeting for February in Hanoi on March 5 to review socio-economic performance in the past two months, and identify priorities to ensure the national GDP growth target of at least 8% in 2025.

A 40% increase in infrastructure investment that the Vietnamese Government is now planning would add approximately 2 percentage points to Vietnam’s 2025 GDP growth - if the Government manages to hit its disbursement targets this year, according to Michael Kokalari, chief economist at VinaCapital.

Prime Minister Pham Minh Chinh on March 1 signed Directive No. 05/CT-TTg outlining key tasks and breakthrough solutions to drive economic growth and accelerate public investment disbursement, ensuring that Vietnam’s GDP growth reaches at least 8% in 2025.