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| <header> | |
| <h1>Vietnam Economic Growth Report 2025</h1> | |
| </header> | |
| <div class="container"> | |
| <main> | |
| <nav class="toc"> | |
| <h2>Table of Contents</h2> | |
| <ul> | |
| <li><a href="#executive">Executive Summary</a></li> | |
| <li><a href="#indicators">Key Economic Indicators</a></li> | |
| <li><a href="#sectors">Sectoral Analysis</a></li> | |
| <li><a href="#challenges">Challenges</a></li> | |
| <li><a href="#history">Historical Comparison</a></li> | |
| <li><a href="#outlook">Economic Outlook</a></li> | |
| <li><a href="#conclusion">Conclusion</a></li> | |
| <li><a href="#sources">Sources</a></li> | |
| </ul> | |
| </nav> | |
| <div class="content"> | |
| <section id="executive"> | |
| <h2>Executive Summary</h2> | |
| <p>Vietnam's economy continues to demonstrate robust growth momentum in 2025, with GDP expanding 7.96 percent in Q2 2025 over the same quarter of the previous year. The first half of 2025 recorded growth of 7.52%, the highest mid-year growth rate since 2011.</p> | |
| </section> | |
| <section id="indicators"> | |
| <h2>Key Economic Indicators 2025</h2> | |
| <div class="collapsible" onclick="toggleContent('gdp-chart')">GDP Growth Performance</div> | |
| <div id="gdp-chart" class="collapsible-content"> | |
| <p><strong>Actual Results:</strong></p> | |
| <ul> | |
| <li>Q1 2025: 6.9% YoY</li> | |
| <li>Q2 2025: 7.96% YoY</li> | |
| <li>First Half 2025: 7.52%</li> | |
| </ul> | |
| <p><strong>2025 GDP Growth Forecasts:</strong></p> | |
| <ul> | |
| <li>World Bank: 5.8%</li> | |
| <li>ADB: 6.6%</li> | |
| <li>IMF: 5.2%</li> | |
| <li>Government Target: 8.3–8.5%</li> | |
| </ul> | |
| <div class="chart"> | |
| <h3>GDP Growth Visualization</h3> | |
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| <div style="display: flex; justify-content: space-between; margin-top: 10px;"> | |
| <div>World Bank: 5.8%</div> | |
| <div>ADB: 6.6%</div> | |
| <div>IMF: 5.2%</div> | |
| <div>Government: 8.5%</div> | |
| <div>Actual: 7.52%</div> | |
| </div> | |
| </div> | |
| </div> | |
| </div> | |
| <div class="collapsible" onclick="toggleContent('inflation-chart')">Inflation Rate</div> | |
| <div id="inflation-chart" class="collapsible-content"> | |
| <p><strong>2025 Inflation Trends:</strong></p> | |
| <ul> | |
| <li>May 2025: 3.24%</li> | |
| <li>June 2025: 3.57%</li> | |
| <li>IMF Forecast: 2.9%</li> | |
| <li>ADB Forecast: 4.0%</li> | |
| </ul> | |
| <div class="chart"> | |
| <h3>Inflation Rate Visualization</h3> | |
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| <div>May 2025: 3.24%</div> | |
| <div>June 2025: 3.57%</div> | |
| <div>IMF: 2.9%</div> | |
| <div>ADB: 4.0%</div> | |
| </div> | |
| </div> | |
| </div> | |
| </div> | |
| <div class="collapsible" onclick="toggleContent('unemployment-chart')">Unemployment Rate</div> | |
| <div id="unemployment-chart" class="collapsible-content"> | |
| <p><strong>Q1 2025: 2.20%</strong> (down from 2.22% in Q4 2024)</p> | |
| <div class="chart"> | |
| <h3>Unemployment Trend</h3> | |
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| <div>Q4 2024: 2.22%</div> | |
| <div>Q1 2025: 2.20%</div> | |
| </div> | |
| </div> | |
| </div> | |
| </div> | |
| <div class="collapsible" onclick="toggleContent('fdi-chart')">Foreign Direct Investment</div> | |
| <div id="fdi-chart" class="collapsible-content"> | |
| <p><strong>First 5 months 2025:</strong></p> | |
| <ul> | |
| <li>Registered Capital: $18.4 billion (↑51% YoY)</li> | |
| <li>Disbursed Capital: $8.9 billion</li> | |
| </ul> | |
| <p><strong>First Half 2025:</strong></p> | |
| <ul> | |
| <li>Total FDI: US$21.51 billion (↑32.6% YoY)</li> | |
| </ul> | |
| <div class="chart"> | |
| <h3>FDI Growth Visualization</h3> | |
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| <div style="display: flex; justify-content: space-between; margin-top: 10px;"> | |
| <div>Q1 2024: $12.2B</div> | |
| <div>Q1 2025: $18.4B</div> | |
| <div>H1 2025: $21.51B</div> | |
| </div> | |
| </div> | |
| </div> | |
| </div> | |
| </section> | |
| <section id="sectors"> | |
| <h2>Sectoral Analysis</h2> | |
| <h3>Primary Growth Drivers</h3> | |
| <ul> | |
| <li>Services Sector: Major contributor to GDP growth</li> | |
| <li>Manufacturing Sector: Maintains recovery trajectory</li> | |
| <li>Export Industries: Continue as economic backbone</li> | |
| <li>Banking Sector: Projected 17% earnings increase in 2025</li> | |
| </ul> | |
| <h3>Retail Performance</h3> | |
| <p>First quarter 2025 retail sales reached 1.708 quadrillion VND ($66.83 billion), reflecting 9.9% YoY growth.</p> | |
| </section> | |
| <section id="challenges"> | |
| <h2>Challenges and Risk Factors</h2> | |
| <ul> | |
| <li>Global trade tensions impact export activities</li> | |
| <li>US tariff policies pressure export-oriented businesses</li> | |
| <li>Geopolitical instability increases business uncertainty</li> | |
| <li>FDI overdependence warns of inflation risks</li> | |
| <li>Macroeconomic stability concerns with public debt and inflation</li> | |
| </ul> | |
| </section> | |
| <section id="history"> | |
| <h2>Historical Comparison</h2> | |
| <p>2024 GDP growth: 7.1%</p> | |
| <p>2025 forecast: Growth may moderate due to external factors</p> | |
| <p>Long-term outlook: Resilient fundamentals despite short-term headwinds</p> | |
| <div class="chart"> | |
| <h3>Year-on-Year GDP Growth (2020-2025)</h3> | |
| <div style="width: 100%; max-width: 600px; margin: 0 auto;"> | |
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| <div style="display: flex; justify-content: space-between; margin-top: 10px;"> | |
| <div>2020: 3.21%</div> | |
| <div>2021: 4.85%</div> | |
| <div>2022: 5.42%</div> | |
| <div>2023: 3.46%</div> | |
| <div>2024: 5.98%</div> | |
| <div>2025: 6.93%</div> | |
| </div> | |
| </div> | |
| </div> | |
| </section> | |
| <section id="outlook"> | |
| <h2>Economic Outlook and Projections</h2> | |
| <p>Vietnam's economy started 2025 strongly with 6.9% YoY growth in Q1. The government's target of 8.3-8.5% appears ambitious but strong domestic fundamentals provide support.</p> | |
| <h3>Key Supporting Factors</h3> | |
| <ul> | |
| <li>Robust FDI inflows indicating investor confidence</li> | |
| <li>Low unemployment supporting domestic consumption</li> | |
| <li>Controlled inflation maintaining purchasing power</li> | |
| <li>Export competitiveness despite trade challenges</li> | |
| <li>Parliamentary support raising GDP target to 8%</li> | |
| </ul> | |
| </section> | |
| <section id="conclusion"> | |
| <h2>Conclusion</h2> | |
| <p>Vietnam's economic performance in 2025 demonstrates resilience and growth potential. Strong fundamentals including low unemployment, controlled inflation, and robust FDI inflows position the economy well for sustained development.</p> | |
| </section> | |
| <section id="sources"> | |
| <h2>Sources and Citations</h2> | |
| <ul> | |
| <li class="citation">Trading Economics - Vietnam GDP Annual Growth Rate <a href="https://tradingeconomics.com/vietnam/gdp-growth-annual" target="_blank">Link</a></li> | |
| <li class="citation">International Monetary Fund - Vietnam Country Profile <a href="https://www.imf.org/en/Countries/VNM" target="_blank">Link</a></li> | |
| <li class="citation">World Economics - Vietnam GDP Estimates <a href="https://www.worldeconomics.com/GDP/Vietnam.gdp" target="_blank">Link</a></li> | |
| <li class="citation">Government of Vietnam - General Statistics Office <a href="https://www.gso.gov.vn/en/" target="_blank">Link</a></li> | |
| <li class="citation">Wikipedia - Economy of Vietnam <a href="https://en.wikipedia.org/wiki/Economy_of_Vietnam" target="_blank">Link</a></li> | |
| <li class="citation">IMF - Vietnam and the IMF <a href="https://www.imf.org/en/Countries/VNM" target="_blank">Link</a></li> | |
| <li class="citation">FocusEconomics - Vietnam Economic Indicators <a href="https://www.focus-economics.com/countries/vietnam" target="_blank">Link</a></li> | |
| <li class="citation">National Statistics Office of Vietnam - Economic Reports <a href="https://www.gso.gov.vn/en/data-and-statistics/" target="_blank">Link</a></li> | |
| <li class="citation">VietnamNet - Economic News and Analysis <a href="https://vietnamnet.vn/" target="_blank">Link</a></li> | |
| <li class="citation">IMF - Article IV Mission Reports <a href="https://www.imf.org/en/Publications/CR" target="_blank">Link</a></li> | |
| <li class="citation">Vietnam Briefing - Economic Analysis <a href="https://www.vietnam-briefing.com/" target="_blank">Link</a></li> | |
| <li class="citation">Vietnam Investment Review - FDI Statistics <a href="https://vir.com.vn/" target="_blank">Link</a></li> | |
| <li class="citation">Trading Economics - Vietnam Foreign Direct Investment <a href="https://tradingeconomics.com/vietnam/foreign-direct-investment" target="_blank">Link</a></li> | |
| <li class="citation">White & Case - Regional Economic Outlook <a href="https://www.whitecase.com/" target="_blank">Link</a></li> | |
| <li class="citation">Vietnam Economic Times <a href="https://vneconomictimes.com/" target="_blank">Link</a></li> | |
| <li class="citation">Asian Development Bank - Vietnam Country Partnership <a href="https://www.adb.org/countries/viet-nam/main" target="_blank">Link</a></li> | |
| <li class="citation">Ministry of Planning and Investment - Vietnam <a href="https://www.mpi.gov.vn/en/" target="_blank">Link</a></li> | |
| </ul> | |
| </section> | |
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