The ADB projects Vietnam's economic growth at approximately 6.3% this year and 6% in 2026, down 0.3% and 0.5% respectively from its projections 3 months ago.

The government has set a more specific economic growth target of 8.3-8.5% for this year, compared to the previous target of at least 8%.

Addressing over 200 leaders of top Asia-Pacific corporations, President Luong Cuong emphasized the importance of businesses in driving progress and urged collaboration for mutual success.

Before the merger, 10 localities saw double-digit GRDP growth in the first half of the year, led by Bac Giang and Quang Ngai, driven by industrial production.

Vietnam’s first-half GDP growth nearly reached the targeted 7.58%, and the second half could hit at least 8%, according to Finance Minister Nguyen Van Thang.

Finance minister Nguyen Van Thang announced that Vietnam's GDP could grow by 7.51-7.61% in the first 6 months of 2025, exceeding previous forecasts by 0.2-0.3%.