Vietnam’s GDP grows 8.02 per cent in 2025. Illustrative photo
Gross domestic product in the fourth quarter rose 8.46 per cent year on year. For the full year, growth reached 8.02 per cent compared with 2024, the highest rate in ASEAN and among the world’s fastest-growing economies.
The services sector grew 8.62 per cent and made the largest contribution to GDP growth, accounting for 51.08 per cent. Industry and construction expanded 8.95 per cent, contributing 43.62 per cent, while agriculture, forestry and fisheries accounted for 5.3 per cent.
Vietnam’s growth above 8 per cent stood out as the global economy continued to face volatility, particularly from trade tensions and the United States’ reciprocal tariff policies.
At current prices, Vietnam’s GDP in 2025 was estimated at USD 514 billion, up USD 38 billion from the previous year. GDP per capita reached USD 5,026, an increase of USD 326 from 2024, placing Vietnam in the upper-middle-income group.
Average consumer price inflation in 2025 rose 3.31 per cent year on year.
Vietnam also recorded a trade milestone, with total import-export turnover surpassing USD 930 billion for the first time, up 18.2 per cent from 2024. Exports reached USD 475 billion, an increase of 17 per cent, with 36 products generating more than USD 1 billion each.
According to the ministry, Vietnam aims to achieve double-digit growth in 2026 while maintaining macroeconomic stability, controlling inflation and ensuring major economic balances.
