Vietnam’s GDP surged by 7.96% year-over-year in the second quarter of 2025, up from a 6.93% increase in the first quarter, hitting the fastest growth since the third quarter of 2022, based on preliminary estimates. This recent figure is just shy of Hanoi’s annual growth ambition, which is set at a minimum of 8%. All sectors demonstrated enhanced growth: services expanded by 8.46% compared to 7.70% in Q1, industry and construction grew by 8.97% against 7.42%, and agriculture rose by 3.89%. During the first half of 2025, Vietnam’s economy expanded by 7.52%, representing the highest first-half growth rate from 2011 to 2025.