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.

While Vietnam's exports to the US have bolstered GDP growth this year, domestic factors, including the Government’s increasing spending on infrastructure, real estate market recovery, and consumption, will help the country maintain its economic expansion at around 6.5% in 2025.

VOV.VN - Prime Minister Pham Minh Chinh has issued a directive outlining key measures to boost economic growth in 2025, with the aim of securing a GDP growth rate of over 8%.

VOV.VN - Prime Minister Pham Minh Chinh has directed Da Nang city to position itself as a ‘pioneer’ in economic development in the central region, aiming for breakthrough growth with a target of double-digit GDP growth in the coming years.

With sustained economic growth over years, Vietnam continues to impress and attract an increasing number of Chinese investors, participants said at an investment and trade forum between Ho Chi Minh City and China’s Guangdong-Hong Kong-Macao Greater Bay Area (GBA) in HCM City on December 17.

Vietnam’s economic landscape is poised for robust growth, with experts forecasting the possibility of a remarkable two-digit expansion in the coming time, driven by foreign direct investment (FDI) and technological advancements.

The Ministry of Industry and Trade (MoIT) has set a target of 6% export growth in 2025 as global inflation has cooled down and international market demand recovers.