Vietnam's Economy Booms: 8% GDP Growth Defies Expectations Amid Global Trade Challenges
October 20, 2025
Vietnam's economy continues to outperform expectations in 2025, with GDP growth estimated at 8%, surpassing projections from the World Bank and IMF, and the third quarter seeing an 8.23% increase despite global trade pressures.
Vietnam is investing in human capital by planning to train 10,000 CEOs, focusing on institutional development, innovation, and corporate governance to strengthen its private sector.
The country's export turnover is projected to reach 900 billion USD this year, with total foreign trade hitting 680.6 billion USD in the first nine months, up 17.3% year-on-year.
In a sign of strong international cooperation, Hanoi has broken ground on the Nam Thang Long–Tran Hung Dao metro line, financed by Japan's ODA through JICA.
To boost its financial markets, Vietnam's Prime Minister has ordered improvements following FTSE Russell's decision to reclassify Vietnam from Frontier Market to Secondary Emerging Market, aiming to attract more foreign investment.
Vietnam Airlines is expanding connectivity by launching direct flights from Hanoi to Cebu starting December 1, increasing weekly flights to the Philippines to 12, including routes from Hanoi and Ho Chi Minh City to Manila.
Preparations are underway for Vietnam's largest trade fair in Hanoi, which will feature around 3,000 stalls and involve participation from all provinces, cities, ministries, and international businesses, highlighting the country's vibrant trade scene.
Vietnam is actively engaging in international trade negotiations, planning to send a delegation to the US for reciprocal tariff talks, emphasizing principles of openness and equality.
Major infrastructure projects are scheduled for 2026, including the start of construction on a multi-billion-dollar North-South high-speed railway and the launch of satellite internet services, signaling a new phase of development.
The country’s infrastructure in the central region has recovered to 80% after typhoon damages, with ongoing efforts to restore services in northern localities such as Lang Son, Thai Nguyen, and Cao Bang.
Vietnam is adopting global best practices to develop its crypto-asset market, with Tether Group highlighting the country's potential due to its young population, dynamic economy, and high remittance inflows.
Looking ahead, Vietnam aims for a record 10% GDP growth in 2026, demonstrating resilience and confidence in its economic trajectory despite external challenges.
Vietnam's trade resilience is complemented by its efforts to diversify markets through new free trade agreements planned for 2026 with Middle Eastern, Latin American, and African countries.
Vietnam Railways has begun selling online tickets for the Gia Lam–Nanning international train route, facilitating easier cross-border travel and boosting regional connectivity.
Vietnam has established a sub-committee led by a Vice Minister of Industry and Trade to enhance trade relations with Cuba, reflecting its efforts to diversify and deepen international partnerships.
Summary based on 2 sources
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Sources

Investing.com • Oct 20, 2025
Vietnam targets 10% GDP growth in 2026
Vietnam+ (VietnamPlus) • Oct 10, 2025
Strategy sets to develop sustainable, efficient, high value-added logistics industry