Vietnam's economy expanded by 8.23% in the third quarter of 2025, marking the strongest growth in three years.

Economic Resilience and Growth

Vietnam's economy is experiencing unprecedented growth, outperforming forecasts and achieving its strongest performance in years despite facing a 46% tariff imposed by the U.S. administration. Foreign direct investment continues to climb, with manufacturing driving much of the growth, and GDP surged 8.23% in the third quarter. The country’s rising trade surplus with the U.S. has also garnered attention.

Political and Economic Reforms

Party General Secretary To Lam is spearheading significant reforms, including dismantling parts of the public sector, merging ministries, and launching an anti-corruption campaign. “Resolution 68” officially recognized the private sector as a key economic driver. These changes, though intended to foster growth, are creating uncertainty for some businesses.

Capital Market Boom and Future Outlook

Vietnam's upgrade to "emerging market" status by FTSE Russell has fueled a stock market surge and attracted significant international investor interest. Hanoi is further easing investment regulations, including eliminating foreign ownership caps. The upcoming party congress will be crucial in determining the government’s future direction and navigating ongoing trade tensions.