Topic: growth

International organizations have noted what lies ahead as Vietnam works to reach ambitious growth targets set for 2025 and beyond.

Vietnam will face a number of hurdles as it strives to post double-digit growth in the years ahead, including low public investment efficiency, global trade tensions, and capital misallocation in key sectors.

The country’s GDP  growing  by 7.7% in the first quarter of this year, up from 7.6% in the fourth quarter of 2024.

Vietnam recording positive socio-economic growth in the first two months.

During a working session with the provincial leaders on February 9, PM Chinh suggested the province to mobilize resources and create motives for growth.

Trade surplus projected to reach over $20 billion.

Export revenue hitting a record of $62.4 billion.

The country's 2025 outlook expected at 6.6%, according to the bank.

Prime Minister Pham Minh Chinh made the request while chairing the Government regular meeting on November 9.

The growth fueled by strong demand for retail podiums and a boost in tourism.