Industrial production has played a key role in Vietnam’s economic recovery throughout 2024, with growth fueled by strong government support, sectoral shifts, and global integration.
These priorities are to ensure exports continue to drive economic growth and meet the targets of achieving a GDP growth rate of approximately 6.5-7.0%.
Current State budget and public debt are in a very positive position, creating ample room for the Government to increase borrowing and boost public investment spending.
In his official dispatch dated December 20, Prime Minister Pham Minh Chinh highlights that 2025 is a milestone year for Vietnam to embark on a new era of development – the era of the nation’s rise.
The southern city's Industrial Production Index continued its recovery and maintained positive growth, with an estimated increase of 9.7% year-on-year.