According to Investing.com, a U.S.-based economic, financial, and securities platform, Vietnam's economy displayed notable recovery momentum in November, with a significant increase in trade surplus and growth in import-export activities.
Exports, particularly in computers, electronics, phones, machinery, and textiles, have shown encouraging growth trends. Public investment has also been on the rise, achieving 73.5% of the annual target by November. Total exports reached $22.9 billion, reflecting a year-on-year growth of 2.4%.
While sectors such as accommodation, dining, and tourism contributed positively to retail growth in 2024, overall retail growth remains below pre-pandemic levels.
The Vietnamese government has approved a high-speed railway project with an investment exceeding $67 billion to enhance connectivity between Hanoi and Ho Chi Minh City, fostering economic growth and sustainable development.
On November 29, the National Assembly passed an amended Securities Law, marking a new chapter in the development of Vietnam’s securities market. The revised law strengthens the accountability of issuing entities, advisors, and auditors, enhancing transparency and regulatory standards. These measures aim to boost investor confidence and set the stage for Vietnam's transition to emerging market status by 2025-2026.
Looking ahead, Vietnam's economy is poised for robust growth. The World Bank projects GDP growth of 6.5% by 2025, while the International Monetary Fund (IMF) predicts a 6.1% increase. Despite uncertainties in the global economy, these optimistic forecasts are underpinned by strong external demand and steady foreign direct investment.