Want to be in the loop?
subscribe to
our notification
Business News
VIETNAM EYES 8% GDP GROWTH IN 2025
Vietnam is targeting economic growth of at least 8% in 2025, Prime Minister Pham Minh Chinh announced in a directive urging tighter coordination of monetary and fiscal policies.
In Official Dispatch 135, PM Chinh outlined key measures to prioritize economic growth while ensuring macroeconomic stability and controlling inflation, according to the government news site baochinhphu.vn.
The State Bank of Vietnam (SBV) has been tasked with closely monitoring global and regional economic developments and adjusting monetary policies to align with shifts in major economies. The directive emphasizes reducing lending rates, managing deposit rates at commercial banks, and ensuring credit flows remain uninterrupted in early 2025.
Banks are directed to prioritize loans for production, digital transformation, green initiatives, and technological development while restricting lending to high-risk sectors to maintain financial safety and efficiency.
The Government also urged banks to cut costs and embrace technological solutions to create room for further reductions in lending rates.
The directive calls for stricter inspections to enhance financial oversight, address violations of interest rate policies, and prevent unfair competition among credit institutions. Authorities have been tasked with resolving bad debt and mitigating emerging risks in the banking system.
Deputy Prime Minister Ho Duc Phoc has been assigned to oversee the implementation of these measures. Meanwhile, the Ministry of Public Security and the Government Inspectorate will monitor and address violations within the banking sector.
Source: The Saigon Times
Related News
VIETNAM ECONOMY INVESTMENT
VIETNAM’S SEAFOOD EXPORTS HIT OVER US$10 BILLION IN JAN-NOV
Seafood export revenue in November alone amounted to nearly US$990 million, up 6.6% year-on-year. Key product groups posted solid gains. Shrimp exports rose 11.7% to over US$385 million, supported by strong demand for whiteleg shrimp and lobster. Tra fish shipments increased 9.7% to almost US$197 million, while marine fish, squid, and mollusk exports maintained their recovery.
VIETNAM ECONOMY INVESTMENT
VIETNAM’S AGRO-FORESTRY-FISHERY EXPORTS HIT NEW RECORD IN JAN-NOV
Vietnam’s agro-forestry-fishery export revenue reached an estimated US$64.01 billion in the first 11 months of 2025, up 12.6% year-on-year and surpassing the full-year record of US$62.4 billion set in 2024. Agricultural exports reached US$34.24 billion, up 15% year-on-year, while livestock products brought in US$567.4 million, a 16.8% increase. Seafood exports rose 13.2% to US$10.38 billion, and forestry products earned US$16.61 billion, up 5.9%.
VIETNAM ECONOMY INVESTMENT
HANOI REPORTS RECORD-HIGH BUDGET REVENUE IN 2025
Hanoi’s budget revenue is estimated to reach VND641.7 trillion in 2025, the highest level ever recorded and nearly 25% above the revised target, according to a report by the municipal government. Data from the city’s socioeconomic performance review shows that total state budget collections in 2025 are projected to reach 124.9% of the adjusted plan and rise 24.9% from 2024, the Vietnam News Agency reported.
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
VIETNAM, CHINA TO PILOT TWO-WAY CARGO TRANSPORT AT LANG SON BORDER
Vietnam and China will launch a one-year pilot program on December 10 to allow two-way cargo transport through the Huu Nghi–Youyi Guan international border gates in Lang Son Province, reported the Vietnam News Agency. The Dong Dang-Lang Son Economic Zone Management Board said the trial aims to reduce transport costs and improve customs clearance capacity.
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
VIETNAM’S IMPORT-EXPORT VALUE NEARS US$840 BILLION IN JAN-NOV
The total value of Vietnam’s imports and exports was nearly US$840 billion between January and November this year, the highest level ever recorded, according to the National Statistics Office. In its latest report on the country’s socio-economic performance, the National Statistics Office highlighted a series of positive economic indicators, with trade emerging as one of the strongest drivers of growth.
HOSPITALITY / TOURISM / ENTERTAINMENT
OVER 19 MILLION INTERNATIONAL VISITORS COME TO VIETNAM IN JAN-NOV
Vietnam received more than 19.1 million international visitors in the first 11 months of 2025, a 20.9% increase year-on-year and the highest level ever recorded, according to the National Statistics Office. The figure surpasses the full-year record of 18 million arrivals set in 2019, before the Covid-19 pandemic. Nearly two million foreign visitors arrived in November alone, up 14.2% from October and 15.6% from the same period last year.
Events Sponsors
