Vietnam’s GDP growth hits 15-year high for first half of 2025

Published 22/07/2025, 07:06
Vietnam’s GDP growth hits 15-year high for first half of 2025

HANOI - Vietnam’s economy recorded its strongest first-half performance in 15 years, with GDP growth reaching 7.52% through June 2025, according to a monthly investor report released Tuesday by VietNam Holding Limited.

The robust economic expansion was driven by strong performance across manufacturing, services, and public investment sectors. Trade figures for June showed exports increasing 16.3% while imports rose 20.2%, resulting in a $7.6 billion trade surplus year-to-date.

Tourism emerged as another bright spot in the Vietnamese economy, with visitor numbers reaching a record 10.7 million in the first half of 2025, representing a 20% year-on-year increase. Chinese tourists accounted for 2.7 million arrivals, while 2.2 million visitors came from Korea.

The country began July with a significant administrative reorganization, consolidating from 63 provinces to 34. This restructuring created an expanded Ho Chi Minh City that now represents over 25% of the national GDP.

Market activity has remained strong with daily trading volumes consistently around $1 billion. The report noted that domestic market participation continues to grow, with over 10 million retail trading accounts now open, representing nearly 10% of the population.

Despite positive economic indicators, uncertainty remains regarding potential U.S. tariffs. The report indicated Vietnamese officials have been negotiating with the Trump administration to maintain a favorable position compared to other countries in the region.

The information in this article is based on a press release statement from VietNam Holding Limited, with investment commentary provided by its investment manager, Dynam Capital Limited.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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