Vietnam GDP Annual Growth Rate

Vietnam’s GDP advanced 8.46% year-on-year in Q4 2025, accelerating from a marginally revised 8.25% expansion in Q3 and marking the fastest pace since Q4 2007. Growth was broad-based, with all sectors posting solid gains, including industry and construction (9.73%), services (8.82%), and agriculture (3.70%). On the expenditure side, trade remained resilient despite a 20% US tariff imposed in early August, with Q4 goods exports and imports surging 19.34% and 19.40%, respectively. Meanwhile, final consumption grew 7.15% yoy, while fixed investment climbed 8.92%. For the full year 2025, the country’s GDP grew by 8.02%, the strongest performance since 2011. Last week, a senior State Bank of Vietnam official said that tariffs and monetary policy shifts in other countries would make it harder for Vietnam’s central bank to calibrate its policy settings and achieve an economic growth target of more than 10% next year. The government has said Vietnam plans to target 10% growth next year.