The Vietnam Oil and Gas Group (Petrovietnam) enjoyed strong business expansion in the first eight months of this year thanks to the firm’s efforts to seek new solutions for expansion.

The Ministry of Planning and Investment recently presented to the Government three economic growth trajectories for 2025, with the highest rate forecast at 7.5%.

VOV.VN - Statistics from the Ministry of Industry and Trade show that the Mekong Delta region is contributing about 31% to GDP of the entire agricultural sector, with roughly 50% of rice output, 95% of rice exports, 65% of aquaculture and exploitation output, 60% of fish exports and approximately 70% of all type of fruits.

The Southeast Asian economies remain steadfastly resilient and delivered credible economic growth in the second quarter of 2024, with Vietnam and the Philippines continuing as the region’s top two performing economies, growing at 6.9% and 6.3%, respectively, according to McKinsey & Company, a US multinational strategy and management consulting firm.

VOV.VN - The economic outlook for the Asia-Pacific region in 2025 remains positive, with growth predicted to accelerate in Southeast Asia and Vietnam being one of the countries that will benefit the most from this trend, according to the analysis results of Analytics, a subsidiary of Moody's Group of the United States.

Vietnam could reach the GDP growth target of 6-6.5% set by the National Assembly on the back of strong investment, export, and consumption, according to experts.

VOV.VN - HSBC had raised its forecast for Vietnam’s GDP growth for this year to 6.5% and maintained its growth projection for next year at 6.5%, according to its latest report “Vietnam at a glance: Bring it all back”.

Cultural industries, still having much room to develop and contribute more to the national economy, are being considered an important resource to be maximised to boost the GDP growth.

The ASEAN+3 Macroeconomic Research Office (AMRO) revised Vietnam’s economic growth forecast upward to 6.3% for 2024 in its latest update released on July 16.

VOV.VN - The Vietnamese economy is forecast to grow by 6.95% this year compared to the previous projection of 6.48% on the grounds that its economic recovery is on the right track, said the Central Institute for Economic Management (CIEM) in its report released at a workshop in Hanoi on July 9.