Vietnam will take various actions to achieve a growth rate of at least 8% in 2025 as set by the Government, Deputy Minister of Planning and Investment Nguyen Duc Tam told a regular Government press briefing on January 8.

Vietnam remained among the top ten countries with the fastest e-commerce growth rate in the world in 2024, with the market valued at US$25 billion, an increase of 20% over 2023, according to Vietnam E-commerce and Digital Economy Agency.

Credit growth across the banking sector reached 15.08% as of the end of 2024, exceeding the year’s target of 15%, according to Standing Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.

A strong US dollar will still be a major factor influencing the USD/VND exchange rate in 2025, causing the Vietnamese dong to depreciate by about 3% against the dollar, experts forecast.

Vietnam's total state budget revenue for 2024 is projected to surpass VND2.02 quadrillion (approximately US$79.24 billion), marking an increase of 19.1% compared to the estimate, according to the Ministry of Finance.

The multidimensional poverty rate in Vietnam has fallen to below 1% this year, the Ministry of Labour - Invalids and Social Affairs (MoLISA) reported at its year-end review conference held in Hanoi on December 27.

The Ministry of Finance announced on December 24 that it had coordinated with relevant ministries and agencies to issue certificates of eligibility for providing credit rating services to five enterprises as of December.

A prolonged low birth rate is forecast to directly impact the size and structure of the population, leading to consequences such as labour shortages, rapid population aging, and population decline.

The latest US Federal Reserve (Fed)’s announcement to make fewer interest rate cut next year immediately impacted the USD/VND exchange rate.

The USD/VND exchange rate is not forecast to be under great pressure at the end of this year, if the US Federal Reserve (Fed) continues to cut interest rates at its meeting this month, experts said.