Chinese media: Vietnam’s economy has rebounded strongly
(VOVWORLD) - People’s Daily, the official newspaper of the Communist Party of China, on Tuesday published an article highlighting Vietnam’s strong performance in sectors such as manufacturing and services.
At Gemalink International Port (Illustrative photo: Hong Dat/VNA) |
Citing the latest data released by Vietnam’s National Statistics Office, the article noted that in 2025 the country’s GDP grew 8.02% year on year, demonstrating its strong resilience against the backdrop of a generally sluggish global economy. Vietnam is actively promoting industrial diversification, with exports posting particularly robust growth of 18.2% compared to 2024, according to People’s Daily.
Thanks to strengthened administrative reforms, it attracted more than 27.6 billion USD in foreign direct investment, up 9% from the previous year and the highest level since 2021. Meanwhile, the recovery of the services sector and other industries provided significant momentum for economic growth. The Ministry of Industry and Trade and relevant agencies have coordinated to expand market share for domestic brands and implement measures to stimulate domestic demand and consumption.
The newspaper quoted a preliminary report by the Vietnamese Ministry of Finance as saying that Vietnam’s service sector grew more than 8.6% last year, accounting for over 51% of GDP. In 2025, the country welcomed more than 21 million international visitors, up 20.4% year on year, setting a new record.