According to the Socio-Economic Report for October and 10 months of 2025 announced by the General Statistics Office ( Ministry of Finance ) on the morning of November 6, the Industrial Production Index (IIP) in October increased by 2.4% compared to the previous month and increased by 10.8% compared to the same period in 2024. In the first 10 months, IIP increased by 9.2%, higher than the increase of 8.3% in the same period last year. The processing and manufacturing industry is still the main driver of industrial growth, with an increase of 10.5%; the electricity production and distribution industry increased by 6.8%; water supply and waste treatment increased by 9.0%.
At the same time, the investment capital implemented from the State budget in October reached 91,000 billion VND, up 29.1% over the same period. In the 10 months, it reached 640,200 billion VND, equal to 63.1% of the yearly plan and increased by 27.8%. Foreign direct investment (FDI) implemented in Vietnam in the first 10 months of 2025 reached 21.3 billion USD, up 8.8%, which is also the highest level in the past 5 years. Total registered FDI capital reached 31.52 billion USD, up 15.6%; of which adjusted capital increased by 45%.
In addition, trade activities recorded impressive growth. Total export and import turnover of goods in 10 months reached 762.44 billion USD, up 17.4% over the same period last year. Exports reached 391 billion USD (up 16.2%), imports reached 371.44 billion USD (up 18.6%), helping the trade balance continue to have a trade surplus of 19.56 billion USD. Of which, the United States is still Vietnam's largest export market with 126.2 billion USD; China is the largest import market with 150.9 billion USD.
This year, business activities continued to expand strongly. In October alone, nearly 18,000 new businesses were established nationwide, an increase of 26.5% over the same period in 2024. In the 10 months, 162,900 businesses were newly registered, an increase of 19.7% in quantity, 21.4% in capital and 18.6% in labor. Notably, the total number of newly established and re-operated businesses reached 255,900, an increase of 26.5%; on average, more than 25,600 new businesses entered the market each month.
According to the General Statistics Office's report, the State budget revenue for the first 10 months is estimated at VND 2,145,000 billion, equal to 109.1% of the annual estimate and up 28.5% over the same period in 2024. Of which, domestic revenue reached VND 1,842,700 billion (up 32.6%); revenue from import and export increased by 12.8%. Budget expenditure reached VND 1,830,800 billion, ensuring spending needs for socio- economic development, national defense and social security.
Total retail sales of goods and consumer services revenue in the first 10 months reached VND5,772,900 billion, up 9.3% over the same period. Tourism revenue increased by 19.8%, accommodation and food services increased by 14.6%, reflecting the effectiveness of stimulus programs and tourism promotion policies. International arrivals to Vietnam reached 17,200,000, up 21.5% over the same period last year.
Notably, the consumer price index (CPI) in October increased by 0.2% over the previous month; the 10-month average increased by 3.27% over the same period in 2024. Core inflation increased by only 3.20%, showing that the price and monetary management policies were effectively implemented.
According to the Director of the General Statistics Office, Dr. Nguyen Thi Huong, in general, key economic indicators in October and the first 10 months of 2025 all recorded strong growth. These results show that the Vietnamese economy is maintaining a solid recovery momentum, creating a positive premise for sustainable growth in the last months of the year and 2026.
Source: https://baotintuc.vn/kinh-te/buc-tranh-kinh-te-thang-10-va-10-thang-nam-2025-tiep-tuc-khoi-sac-20251106090220838.htm
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