NEWSLETTER - VIETNAM ECONOMIC SUMMARY 2025

OPPORTUNITIES AND CHALLENGES FROM 2026

With VIVA’s Brief Newsletter on Vietnam’s economic situation in 2025, you pay special attention to the presentation of fundamental drivers – the new growth model from 2026 – potential challenges and risks, thereby anticipating government actions,  interest rate trends, exchange rates, potential business fields…

VIETNAM’S ECONOMY – ACHIEVEMENTS AND OPPORTUNITIES IN 2025

In 2025, Vietnam will be one of the few economies to maintain a high growth rate, ranking first in Southeast Asia. The main drivers that have helped Vietnam rebound strongly over the past time include:

1. Agriculture grew steadily.
2. The industry recovered thanks to exports, and the breakthrough of services.
3. The macro environment is stable.
4. Inflation and low interest rates.
5. The recovery of consumption and the expansion of investment create a balance.

In 2025, tariff tensions, geopolitical conflicts and escalating security instability have made the global environment more difficult to predict, directly impacting Vietnam’s economy. Despite this, Vietnam is maintaining increasing resilience and adaptability, maintaining a solid macro foundation.

Based on those achievements and foundations, Vietnam has a strategy to reposition the economy in the new context.

The economic growth model from 2026 – 2030 is a transition in development quality, starting with a strong transformation of the economic spatial structure as well as administrative institutions, focusing on the quality of development, which will be a strong resonance between economic sectors including:

1. The state plays a constructive and leading role through the development of strategic infrastructure and the establishment of a transparent legal framework.
2. Determination to reform and consistent strategic direction to maintain strong growth in the medium term.
3. The private economic sector is a driving force for creativity, spreading innovation, leading the fields of digital economy, processing industry and high-quality services.
4. FDI must become a selective additional resource, associated with new-generation technology transfer and international standards such as ESG.
5. Developing domestic supply chains – Taking advantage of a market of 100 million people.

The strategy promotes the innovation of the growth model and expands the development space in the direction of sustainability, paving the way for the goals of becoming a high-income developed country from 2045, starting directly with the goal of maintaining 2-digit GDP growth continuously for many years.

VIETNAM’S ECONOMY – CHALLENGES AND RISKS FROM 2026

In addition to the achievements and opportunities achieved, Vietnam’s economy from 2026 still faces a series of structural challenges:

1. Productivity is still low compared to the region, and bottlenecks in policy implementation – from infrastructure, institutions to human resources.
2. Growth relies heavily on resource expansion.
3. The completion of institutions will still not keep up with development requirements. Administrative procedures are still eroding the strength of people and businesses.
4. Growth tends to slow down as incomes increase.
5. The golden population advantage is declining, the growth rate of the working-age population is slowing down and will soon become a drag on growth.
6. To achieve macro goals, the entire component of the economy must make a synchronous leap.
7. Risk scenarios of medium-term fiscal policy and inflation.

These challenges and risks can slow down and create direct pressures on people and businesses, especially tax policies, administrative procedures, inflation, etc.

Please continue to follow VIVA Business Consulting’s updates for useful information. Not only relying on the professional capacity and resources accumulated continuously from 2026, VIVA Business Consulting also accompanies Standard Chartered Vietnam, a British multinational bank that has been present in Vietnam since 1904 to implement many programs towards the SME community in Vietnam.

Read more:

• Starting a Business? Look no further, Vietnam is your promised destination!
• Investment in Vietnam – Market entry
• Foreign invested company or representative office – Which form of business for you in Vietnam?
• Why choose representative office or subsidiary
• Doing business in Vietnam – Register a company
• Investment visa in Vietnam – Type and time limits
• Tax management – Tax planning in Vietnam
• Direct Investment Capital Account For FDI Enterprise
• Rules on opening and using the direct investment capital account (DICA)