12M25: The Dawn of National Rise

Vietnam’s economy recorded a strong acceleration toward year-end, underpinned by the combined strength of domestic resilience and renewed momentum in external trade. Real GDP growth remained aligned with national targets, driven primarily by a robust rebound in exports, underscoring Vietnam’s sustained competitiveness despite persistent tariff-related pressures throughout the year. At the same time, record-high FDI disbursement reaffirmed the country’s attractiveness as a destination for global capital. Domestically, growth was supported by solid fundamentals, as industrial production and retail sales posted encouraging gains, while household consumption and hospitality services continued to serve as key pillars of expansion despite disruptions caused by natural disasters, with inflation remaining well contained. Overall, Vietnam closed a volatile 2025 on a resilient and well-anchored macroeconomic footing, setting the stage for the next phase of national ascent and more ambitious long-term objectives.