MBS forecasts GDP growth in the third quarter of 2025 at 8.6% - 8.9%. Photo: Hai Nguyen
According to the September Macroeconomic Report of the Research Division - MBS Securities Joint Stock Company (MBS), despite tariff risks and global political and economic instability, Vietnam still recorded positive results in August 2025.
For example, strong export growth (up 14.8% yoy), FDI inflows (up 8.8% yoy), accelerated disbursement of public investment capital (up 26.9% yoy), and recovery in tourist arrivals (up 21.7% yoy).
Meanwhile, inflation remains well controlled despite strong credit growth and persistent exchange rate pressure. Accordingly, the Government has raised the GDP growth target for this year to 8.3% - 8.5%.
"We forecast GDP growth in the third quarter of 2025 at 8.6% - 8.9% - showing that the country is still on track to achieve its ambitious target" - MBS experts forecast.
Previously, in a report on Vietnam's economic outlook published near the end of September, the global economic and market research department of UOB Bank (Singapore) said that Vietnam's real gross domestic product (GDP) increased sharply by 7.96% year-on-year in the second quarter of 2025 (compared to the adjusted 7.05% in the first quarter of 2025), surpassing the 6.85% forecast of Bloomberg news agency and 6.1% of UOB itself previously.
"Despite tariff risks and uncertainties, Vietnam's economy remains resilient and dynamic. Following an impressive 7.5% growth in the first half of 2025 and expectations of increased public investment, we have revised up our full-year GDP growth forecast to 7.5%," UOB forecast.
According to information from the International Monetary Fund (IMF) last week, despite increasing fluctuations both domestically and internationally, Vietnam's economic growth still shows resilience, thanks to support policies.
The IMF forecasts that Vietnam's economic growth will slow to 6.5% in 2025 and continue to decelerate in 2026.
Previously, according to the Vietnam Economic Update Report published in September, the World Bank (WB) forecast that Vietnam's economy will grow 6.6% in 2025, thanks to the first half of the year achieving a breakthrough growth rate of 7.5%.
According to the WB report, in the medium term, growth is forecast to slow to 6.1% in 2026, before recovering to 6.5% in 2027 thanks to an upturn in global trade and Vietnam's continued advantage as a competitive manufacturing destination.
"To support growth and mitigate external risks, the report recommends that Vietnam should boost public investment, control risks in the financial system, and promote structural reforms," the WB recommended.
Laodong.vn
Source: https://laodong.vn/kinh-doanh/du-bao-tang-truong-gdp-cua-viet-nam-quy-iii2025-co-the-dat-86-89-1579594.ldo
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