Business News

The total number of cars sold by the Vietnam Automobile Manufacturers Association (VAMA)’s members in June 2025 reached 31,977 vehicles, up 9 per cent over May and up 20 per cent over the same period in 2024. Passenger cars accounted for the largest number of sales with 22,934 vehicles, up 14.6 per cent over the previous month.

Coffee has once again emerged as a star performer among agro-forestry-fishery exports in the first half of 2025, with both volume and value registering strong growth despite ongoing global challenges in supply and climate conditions. According to the Ministry of Agriculture and Environment (MAE), Việt Nam exported an estimated 953,900 tonnes of coffee worth US$5.45 billion in the first six months of 2025, increasing by 5.3 per cent in volume and 67.5 per cent in value compared to the same period in 2024.

Quảng Ngãi Province achieved the highest gross regional domestic product (GRDP) growth in Việt Nam in the first half of 2025, reaching a record 11.51 per cent. At current prices, the province’s GRDP was estimated at around VNĐ67.4 trillion (approximately US$2.6 billion). Industry and construction accounted for the largest share, followed by services and agriculture.

Nearly 80 per cent of manufacturing and processing enterprises anticipate that business conditions in the third quarter will remain stable or improve, according to the National Statistics Office (NSO). Findings from a recent business sentiment survey conducted by the NSO under the Ministry of Finance show that 37.3 per cent of businesses expect better performance in Q3, while 43.5 per cent forecast steady operations. About 19.2 per cent believe difficulties will persist.

Business activity across Việt Nam in the first half of 2025 recorded encouraging signs of recovery, as the number of newly established enterprises and those resuming operations both rose sharply year-on-year. At the same time, investment flows, particularly foreign direct investment (FDI), remained at high levels, supporting the rebound of production and commercial activities.

Vietnam’s industrial production surged 9.2 per cent in the first half of 2025, marking its strongest growth since 2020 and reinforcing its role as a key economic driver. The figure was revealed at a press meeting chaired by the National Statistics Department under the Ministry of Finance to announce Vietnam’s socioeconomic statistics for the second quarter and the first half of 2025 on July 5 in Hanoi.

Việt Nam is expected to remain an attractive destination for global manufacturers and foreign direct investment (FDI), even as the US moves forward with new tariffs on Vietnamese imports. As long as the tariffs imposed by the US are no more than 10 per cent higher than those applied to regional competitors, Việt Nam’s pre-existing advantages, including workforce quality, competitive costs, favourable demographics, and strategic location, will continue to drive investor interest, according to investment management firm VinaCapital.

The Vietnamese economy achieved its strongest performance in over a decade, with gross domestic product (GDP) rising by 7.52 per cent in the first half of the year, the highest since 2011, according to the Ministry of Finance’s National Statistics Office of Việt Nam (NSO). At a press conference in Hà Nội, NSO Director Nguyễn Thị Hương highlighted that this was a positive result, reflecting the whole political system’s determination, concerted efforts, and drastic actions in managing and implementing socio-economic development tasks amidst regional and global volatility.