In the first four months of 2025, Vietnam’s economy demonstrated strong growth across key sectors, despite global challenges. Retail sales of consumer goods and services rose by 9.9% year-on-year to VNĐ2.28 quadrillion, while tourism and hospitality revenues surged by 24.5% and 14.9% respectively. Trade activity remained vibrant, with total import-export turnover reaching US$275.18 billion—a 15% increase over the same period last year—resulting in a trade surplus of US$5.02 billion. Labour exports remained resilient, with 47,881 Vietnamese workers going abroad under contract. Social development also advanced, with over 200,000 houses supported through housing schemes and 78.3% of communes meeting rural development standards. Vietnam’s Q1 GDP growth reached 6.93%, prompting optimism toward meeting the 8% annual target. International institutions forecast growth between 6.5% and 6.8%, while the government is accelerating efforts through key public investments, notably in 2,212 stalled projects worth VNĐ5.9 quadrillion. However, external pressures such as U.S. tariff measures have affected manufacturing, as reflected in a PMI drop to 45.6 in April. Policymakers are prioritizing institutional reform, infrastructure development, and human capital to sustain momentum. Proposals also include expanding public investment to 9% of GDP and supporting high-tech sectors, with long-term aspirations for double-digit growth built on innovation and a skilled workforce. (ICE HO CHI MINH CITY)

Fonte notizia: https://vietnamnews.vn/economy/1717444/viet-nam-eyes-8-growth-in-2025-through-strategic-reforms.html