Hai Phong International Container Terminal (Photo: Phi Long/VOV)

HSBC and Standard Chartered has revised up their forecast for Vietnam's 2025 growth to 7.9% and 7.5% respectively. Singapore’s United Overseas Bank (UOB) has also boosted its growth forecast for Vietnam to 7.7%

The Organisation for Economic Co-operation and Development (OECD) revised up Vietnam's GDP growth forecast to 6.2% for 2026 and 5.8% for 2027, adding that the country has maintained a positive growth momentum.

With a 8.23% GDP growth in Q3, Vietnam continues to lead the top 6 economies in Southeast Asia (ASEAN-6), which also includes Thailand, Indonesia, Malaysia, Philippines, and Singapore. Its economy expanded at a rate of 7.85% in the first nine months of 2025, one of the fastest in the region, according to the National Statistics Office (NSO).

In addition, Vietnam has maintained a balanced growth structure, with positive gains in agriculture, industry-construction, and services.

By the middle of last month, Vietnam's total import and export turnover had reached more than 801 billion USD, a record high, according to Vietnam Customs.

Vietnam's economic recovery is further boosted by key drivers like foreign direct investment (FDI), which reached 21.3 billion USD in the first 10 months, domestic consumption, and tourism growth, with 15.4 million international tourist arrivals in the first 9 months.