AsemconnectVietnam - In the scenario of 10% GDP growth in 2025, the industrial sector could achieve a growth rate of 11.9% compared to 2024.

Resolution 01/NQ-CP of the Government has just proposed 3 economic growth scenarios in 2025, accordingly, in the scenario of 6.5-7% GDP growth in 2025, the growth of the industrial sector will reach 6.6-7.5% compared to 2024.
Specifically, industrial growth in the first quarter of 2024 will be 6.4-6.9%; in the second quarter will be 6.7-7.6%; in the third quarter will be 6.8-7.6% and in the fourth quarter will be 6.9-7.7%. In this scenario, the processing and manufacturing industry is expected to grow by 7.4-8.3%; the electricity production and distribution industry grows by 9.9-10.6%.
In the scenario of GDP growth of 8% in 2024, the industry will grow by 9.3% in 2025. Of which, the figure of the first quarter will increase by 8.8%; the second quarter will be 9.4%; the third quarter will be 9.2% and the fourth quarter will be 9.6%.
In this scenario, the processing and manufacturing industry can achieve a growth rate of 11% and the electricity production and distribution industry has an expected growth rate of 11.3%.
In the highest scenario, GDP growth is expected to increase by 10% compared to 2024, the industry is expected to grow by 11.9%. Of which, the figure of the first quarter of 2025 will increase by 11%; the second quarter of 2025 will increase by 11.9%; the third quarter will increase by 11.8% and the fourth quarter will increase by 12.6%.
In this scenario, the processing and manufacturing industry is expected to grow by 12.5% and the electricity production and distribution industry will grow by 14.1%.
Resolution No. 01/NQ-CP of the Prime Minister on the main tasks and solutions to implement the Socio-Economic Development Plan and State Budget Estimates for 2025 issued on January 8 also clearly stated that 2025 is an important year, a year of acceleration, breakthrough, and finishing, the final year of implementing the 5-year Socio-Economic Development Plan 2021-2025, implementing the revolution of streamlining the apparatus, holding Party Congresses at all levels, moving towards the 14th National Congress of the Party and preparing and consolidating fundamental factors, creating a premise for Vietnam to confidently enter a new era - an era of striving to develop richly and prosperously for the nation, towards successfully implementing the goals of the 10-year Socio-Economic Development Strategy 2021-2030. Accordingly, in order to successfully implement the goals and tasks of the socio-economic development plan for 2025 and the entire 2021-2025 period, the Government requires all levels, sectors and localities to focus on directing, operating and increasing the country's GDP growth in 2025 to at least 8% and strive for double digits in more favorable conditions.
To achieve the above target, the Government assigns specific targets to the Ministry of Industry and Trade in a number of sectors and fields. In particular, the growth rate of total export turnover is 12%, striving for about 14%. Total retail sales of goods and consumer service revenue is 10%, striving for about 12%; industrial production index (IIP) is 9-10%, striving for about 12.5%; B2C e-commerce market growth is 20-22%; the rate of enterprises applying e-commerce is from 60-62%.
CK
Source: VITIC/congthuong.vn