Viet Nam defies global crises with 8% GDP growth in 2025
Viet Nam closed 2025 with strong economic growth despite severe global challenges. Prime Minister Pham Minh Chin led the first meeting of the Government Steering Committee for Macroeconomic Management and Administration in Ha Noi on Monday. The session reviewed last year’s performance and set priorities for 2026.
The past year tested Viet Nam’s economy with sharp global fluctuations, geopolitical tensions, and supply chain breakdowns. Natural disasters and flooding added further strain. Yet, the country maintained macroeconomic stability, kept inflation in check, and achieved an estimated GDP growth of around 8%.
The business sector thrived, with nearly 300,000 new or reactivated enterprises—a record high. State budget revenues also surged, rising by nearly 33% over projections. This growth relied on a sustainable tax-based structure. Looking ahead, the government will focus on stability, inflation control, and growth in 2026. Key tasks include developing the real estate market, speeding up social housing projects, and creating a state-run trading centre. The Ministry of Construction received direct instructions on these priorities. Prime Minister Chin also called for proactive monetary policies. He ordered the rapid setup of a national inflation calculator exchange, though no details or leadership appointments have been made public as of December 30, 2025.
The 2021–2025 term brought more difficulties than opportunities, but Viet Nam’s economy showed resilience. With macroeconomic stability intact and growth targets met, the government now turns to 2026. The focus remains on stability, controlled inflation, and addressing key economic sectors.
