Updated growth scenario for the last 6 months of 2025

The growth rate of gross domestic product (GDP) in the first 6 months of 2025 reached 7.52% over the same period last year, which is considered positive, reducing pressure on the following quarters and being a positive foundation for growth for the whole year.

Technology enterprises participate in the Innovation Exhibition organized by the National Innovation Center (NIC) in Hanoi .

The General Statistics Office said the results GDP growth The first 6 months of 2025 reached 7.52%, which is approximately the target of the updated operating growth scenario in the first quarter.

Specifically, in the socio-economic report for the first quarter of 2025, after having estimated results for the first quarter and assessing the room for growth in the following quarters, this agency updated the growth scenario according to the target of 8%.

Accordingly, GDP in the first quarter increased by 6.93%, the second quarter increased by 8.19%, the first 6 months increased by 7.58%, the third quarter increased by 8.27%, and the fourth quarter increased by 8.46%.

Thus, in the first 6 months of the year, the results GDP growth Achieving 7.52% is relatively close to the operating scenario, has the effect of reducing pressure on the following quarters and is a positive foundation for growth in the whole year of 2025.

However, this is only a necessary condition for the 8% growth target. To realize this target, in the last 6 months of the year, it is necessary to exploit the maximum growth potential and implement synchronous, flexible and timely solutions and policies for economic development.

Based on the growth results of the first 6 months of the year, the General Statistics Office updated the economic growth scenario for 2025 as follows: GDP in the first 6 months of the year increased by 7.52%, the last 6 months of the year increased by 8.42%, and the whole year increased by 8%. Of which, the first quarter increased by 7.05%, the second quarter increased by 7.96%, the third quarter increased by 8.33%, and the fourth quarter increased by 8.51%.

Room for growth in the last 6 months of the year comes from public investment; science and technology, digital transformation, innovation; credit growth, consumption.

In particular, public investment plays an important role as a driving force for growth through solutions to promote disbursement of public investment capital, implementing key national infrastructure projects such as highways, airports, large urban belt projects, and energy projects.

Notably, the General Statistics Office commented, Science and technology, digital transformation and innovation will be key drivers, playing a strategic role for growth in the remaining quarters.

Enterprises will have many opportunities to access and apply AI technology in production activities to reduce costs, improve labor productivity, and increase competitiveness thanks to the explosion of science and technology, innovation, and digital transformation.

Growth drivers Consumption is also supported by policies to reduce value-added tax by 2% effective from July 1, 2025 for many goods and trade policies to stimulate domestic consumption.

Regarding monetary policy, striving for credit growth of 16%, with appropriate adjustments based on developments and actual situations in 2025, will create huge room for economic growth, mainly through providing abundant capital to stimulate production and business, promote investment and consumption in the whole society.

To meet the country's development requirements in the new period, on February 12, 2025, the National Assembly issued Resolution 192/2025/QH15 supplementing the 2025 socio-economic development plan with a growth target of 8% or more.

The Resolution adjusts a number of other key targets such as: GDP scale in 2025 reaching about more than 500 billion USD, GDP per capita about more than 5,000 USD, average consumer price index (CPI) growth rate about 4.5-5%.

Implementing the Resolution of the National Assembly, the Government requested ministries, branches and localities to prioritize strongly promoting high growth associated with maintaining macroeconomic stability, controlling inflation, ensuring major balances of the economy, and firmly achieving the GDP growth target of 8% or more in 2025.

Source: https://baoquangninh.vn/cap-nhat-kich-ban-tang-truong-6-thang-cuoi-nam-2025-3366832.html