AsemconnectVietnam - According to the General Statistics Office, Vietnam's economy achieved a growth rate of 7.52%, the highest since 2011.

In the context of the global economy still having many uncertainties, this result reflects the strong and synchronous recovery of economic sectors, thanks to reasonable macroeconomic policies, public investment, FDI, domestic consumption and effective utilization of international integration advantages.
Driving forces for growth
According to the General Statistics Office, the gross domestic product (GDP) in the second quarter of 2025 increased by 7.96%, raising the overall growth rate in the first 6 months to 7.52%. This growth result has an equal contribution from all 3 sectors: Agriculture, forestry and fishery increased by 3.84%; industry and construction increased by 8.33%; services increased by 8.14%. The 6-month economic growth is the highest in more than a decade, driven by both supply and demand.
From the production perspective, agriculture remains stable thanks to favorable weather, stable prices and the application of science and technology. The added value of the agricultural sector increased by 3.51% over the same period last year, contributing 0.29 percentage points to the total added value growth of the whole economy; the forestry sector increased by 7.42%, contributing 0.04 percentage points; the fishery sector increased by 4.21%, contributing 0.10 percentage points.
Industry and construction were the driving forces of economic growth in the second quarter and 6 months. The added value of the industrial sector increased by 8.07% over the same period last year, contributing 2.64 percentage points to the growth rate of the total added value of the whole economy. In particular, the processing and manufacturing industry led with an increase of 10.1%, contributing 2.55 percentage points, continuing to play a leading role in growth.
Notably, many key industries grew strongly over the same period last year, such as: Motor vehicle production increased by 31.5%; Leather and related products production increased by 17.1%; rubber and plastic products production increased by 17.0%; garment production increased by 15.1%; Garment production, leather and related products production, rubber and plastic products production, metal production, motor vehicle production.
Construction activities increased when public investment continued to be strongly promoted, FDI attraction increased sharply, the real estate market showed signs of improvement and the Government's recovery support policies. The added value of construction activities increased by 9.62% (in the second quarter, it increased by 9.83%), the highest in 15 years.
Construction focused on key transport infrastructure projects (highways, airports, large bridges), power plants, civil infrastructure, industrial parks and infrastructure, etc. (civil engineering works increased by 12.38%; specialized construction activities increased by 9.86%).
Market service sectors that mainly support production, export and tourism such as transportation, warehousing, accommodation and catering services, administration and support services grew quite strongly in the first 6 months of the year.
Service sectors using funds from the state budget also increased due to the revolution in reforming the apparatus and administrative management such as: State management, national security and defense, compulsory social security increased by 13.1% (increased by 15.5% in the second quarter), education and training increased by 10.47% (increased by 11.47% in the second quarter), arts and entertainment increased by 10.2% (increased by 11.09% in the second quarter).
From the usage perspective, economic growth in the second quarter and 6 months was actively supported by both consumption, accumulation and import and export.
Final consumption has increased quite high in the past 5 years with the stability of household consumption and a strong increase in state spending. Tourism continues to increase strongly in both domestic and international tourism. Many tourism stimulus programs have been implemented at both the national and local levels. In the first 6 months of the year, international visitors to Vietnam increased by 20.7% over the same period.
Promoting the disbursement of public investment capital in key infrastructure projects (electricity, roads, ports, etc.) not only promotes industry and construction but also establishes a foundation to increase the overall production capacity of the economy in the long term. In addition, the strong increase in FDI capital flows, especially in new production projects in the fields of high technology, semiconductors, AI, etc., has created new production capacity, jobs, and learning and management opportunities for the economy.
Export activities in the first 6 months of 2025 were very vibrant. Total export turnover reached 219.8 billion USD, up 14.4% over the same period. This growth reflects efforts to effectively utilize free trade agreements, expand markets and increase the value of Vietnam's export goods. This shows that demand from international markets for Vietnamese goods is still quite good.
From the local side, in the first 6 months of the year, 10/63 provinces achieved impressive growth
CK
Source: VITIC/haiquanonline.com.vn