Vietnam’s economy has demonstrated remarkable resilience, with a 6.
93% GDP growth in the first quarter of 2025, the highest Q1 growth rate since 2020. This growth exceeded initial targets but narrowly missed the revised expectations, largely due to ongoing global uncertainties.
The industrial sector played a pivotal role in this positive performance, expanding by 7.
32% year-on-year (YoY) and contributing 2.
39 percentage points to overall GDP growth. Within the industrial segment, the processing and manufacturing industries saw a robust 9.28% YoY increase, contributing significantly to the overall economic momentum.
The transportation and warehousing sectors also showed strong performance, growing by 9.9% YoY and adding 0.67 percentage points to the GDP.
These figures reflect the ongoing strength of key industries, supporting the broader economic growth despite external challenges.
Overall, Vietnam’s Q1 growth signals a positive trajectory for 2025, driven by industrial expansion and a resilient economy. The strong performance of key sectors highlights the nation’s continued recovery and growth potential in the coming months.
