AsemconnectVietnam - Contrary to the global economic picture, Vietnam's economy in the first quarter of 2025 maintained a rather impressive growth momentum.

GDP was estimated to have increased by 6.93% compared to the same period last year, achieving the highest growth rate for the first quarter compared to the years in 2020-2025 period.
Industrial production continued its upward trend, with the Index of Industrial Production (IIP) in the first quarter of 2025 estimated to increase by 7.8% compared to the same period last year. The total import-export turnover of goods also increased by 13.7% compared to the same period last year, reaching 202.52 billion USD.
The Consumer Price Index (CPI) in March of 2025 decreased by 0.03% compared to the previous month, indicating that inflation was controlled at a relatively stable level. The average CPI for the first quarter of 2025 increased by 3.22% compared to the same period last year, remaining within the set target. Inflation control helps create a stable macroeconomic environment, supporting economic growth.
Vietnam continues to be an attractive destination for foreign investors. Realized foreign direct investment (FDI) in the first quarter of 2025 was estimated to reach 4.96 billion USD, an increase of 7.2% compared to the same period last year. The total registered FDI in Vietnam as of March 31, 2025, reached 10.98 billion USD, an impressive growth of 34.7% compared to the same period last year. This shows that foreign investors still have confidence in Vietnam's economic growth prospects.
The development of domestic enterprises also shows many positive signs. In the first quarter of 2025, the country had 36,400 newly established enterprises, with a total registered capital of nearly 356,800 billion VND.
The total number of newly established and re-operational enterprises in the first quarter of 2025 reached over 72,900, an increase of 18.6% compared to the same period last year. The increase in the number of newly established and re-operational enterprises demonstrates the recovery and development of the private economic sector, creating momentum for economic growth.
Despite the many positive results achieved by the Vietnamese economy, it also faces numerous challenges. The situation of counterfeit goods, imitation goods, and origin fraud is complex, significantly affecting consumer confidence and the business environment. In addition, the new tax policies of the United States and global trade tensions also pose potential risks to Vietnam's capital flows and international trade.
To maintain growth momentum and overcome challenges, Vietnam needs to continue improving the investment and business environment, creating favorable conditions for enterprise development. At the same time, it is necessary to strengthen market management, strictly control the situation of counterfeit goods, imitation goods, and origin fraud, protecting consumer rights and the reputation of Vietnamese goods.
CK
Source: VITIC/congthuong.vn