Latest information on Vietnam's economic growth this year

TPO - According to the forecast of the Asian Development Bank (ADB), Vietnam's economy is expected to remain stable in 2025 and 2026, although growth may slow down in the short term due to pressure from tariffs. The international community has strong confidence in Vietnam's economic prospects.

Today (July 23), ADB announced a downward revision of its growth forecast for developing economies in Asia - Pacific . The growth forecast for the whole region is reduced from 4.9% to 4.7% for 2025 and from 4.7% to 4.6% for 2026.

The Asia- Pacific economic outlook continues to face risks from US-China trade tensions, geopolitical conflicts, rising energy prices and a weakening Chinese property market.

For Vietnam, ADB maintained a positive assessment of the economic fundamentals, although it slightly revised down its GDP growth forecast to 6.3% in 2025 and 6% in 2026, mainly due to the impact of new tariffs from the US. However, Vietnam is still considered one of the most resilient economies thanks to strong growth in imports and exports and foreign investment in the first half of the year.

With positive changes from the FDI sector, ADB believes that the international community has strong confidence in Vietnam's economic prospects.

According to ADB, foreign direct investment (FDI) commitments increased by 32.6%, while disbursement increased by 8.1% year-on-year, showing the international community's strong confidence in Vietnam's economic prospects.

Public investment disbursement also reached the highest level since 2018, reaching 31.7% of the yearly plan and increasing by 19.8% over the same period last year.

ADB also said that boosting exports to cope with tariff instability has boosted trade growth, but growth may slow down in the short term due to pressure from this US tariff policy.

ADB forecasts inflation in Vietnam to fall to 3.9% in 2025 and 3.8% in 2026, thanks to cooling global commodity prices.

Recently, the World Bank (WB) also revised down its forecast for Vietnam's GDP growth to 5.8% for 2025 and 6.1% for 2026. WB said the adjustment reflects the impact of increased trade barriers, weakening global economic prospects, as well as declining confidence in the areas of consumption, investment and export.

The International Monetary Fund (IMF) forecasts Vietnam's GDP growth to reach 5.4% in 2025 and decrease to 4% in 2026.

Meanwhile, United Overseas Bank (UOB) has just raised its forecast for Vietnam's GDP growth in 2025 from 6% to 6.9%, after the second quarter economy grew beyond expectations and tariff negotiations with the US achieved positive results.

According to the General Statistics Office (Ministry of Finance), GDP in the second quarter increased by 7.9%. Growth in the past 6 months reached 7.5%, the highest level in the same period since 2011.

ADB kept its growth forecast for China unchanged at 4.7% in 2025 and 4.3% in 2026, thanks to policies supporting consumption and industry. Southeast Asia is forecast to grow 4.2% in 2025 and 4.3% in 2026, down 0.5 percentage points each year from the previous forecast.

Source: https://tienphong.vn/thong-tin-moi-nhat-ve-tang-truong-kinh-te-viet-nam-nam-nay-post1762818.tpo