High-level synthesis and context — 2025 performance highlights
Vietnam's economy continues to demonstrate robust growth momentum in 2025, with GDP expanding 7.96% year-on-year in Q2 2025 and recording 7.52% growth for H1 2025 — the strongest mid-year result since 2011. Industry and services lead growth despite global trade tensions. Core fundamentals such as low unemployment, controlled inflation, and strong FDI inflows underpin near-term prospects, while external risks (tariffs, geopolitical instability) could moderate outcomes. Government targets remain ambitious relative to multilateral forecasts.
Key Performance Indicators (KPIs)
Snapshot of main metrics — click to explore
GDP H1 2025: 7.52%
Q2 YoY: 7.96% • Q1: 6.9% • Government Target: 8.3–8.5%
Inflation June 2025: 3.57%
IMF: 2.9% • ADB: 4.0% — within 3–4.5% target
Unemployment Q1 2025: 2.20%
Stable, historically low labor-market figure
FDI H1 2025: US$21.51B (+32.6% YoY)
Registered capital (5 months): $18.4B; Disbursed: $8.9B
Charts & Trends
Interactive visualizations — hover, toggle and filter
GDP Growth — Q1 (2020–2025) & H1 2025
Year-on-year (%) — historical and short-run trend
Forecast Comparison 2025
World Bank, ADB, IMF, Government
Click legend to highlight
Inflation (May–June 2025)
Monthly CPI (%)
FDI Inflows — H1 2025
Registered vs Disbursed (US$B)
Retail Sales Q1 2025
1.708 quadrillion VND — YoY growth 9.9%
Consumption-led recovery
Sectoral Analysis
Drivers, traction and structural context
Primary Growth Drivers
Services, Manufacturing, Exports, Banking
Services: Leading contributor to GDP growth in H1 2025.
Manufacturing: Recovery supported by foreign investment and export demand.
Exports: Remain the backbone despite trade tensions.
Banking: Projected +17% earnings growth in 2025 based on credit growth of 15%.
Comparative Industry Snapshot
Normalized contributions & narrative insights
Hover bars for details • Click to pin insight
Challenges & Risk Factors
Scenario-aware planning and mitigation options
Global trade tensions: Potential export slowdowns.
US tariff policies: Pressure on export-oriented firms.
Geopolitics: Elevated uncertainty for supply chains.
FDI concentration: Overdependence risks and inflationary pressure.
Macroeconomic trade-offs: Growth vs. inflation and public debt.
Methodology
Data processing, assumptions & limitations
Data aggregated from cited sources (GSO, IMF, ADB, Trading Economics).
YoY calculations based on official quarterly releases; forecasts compared across institutions.
Charts use normalized scaling for cross-metric comparison; interactivity does not alter source raw values.
Limitations: near-real-time revisions possible; cross-check with primary sources recommended.