ED – this is bne IntelliNews's annual Vietnam OUTLOOK 2026 for the upcoming year, where we make a forward-looking assessment for all of the major Global Emerging Markets in Emerging Europe, Asia, Latin America, Africa and the Middle East, drawing on insightful reporting from our bureaus around the world.

What is on the agenda? What are the prospects for economic growth and what problems lie in store in the coming year? A detailed report that covers, business, economics, finance, energy, politics and the major sectors of the most important markets. ENDS

Vietnam’s economy has delivered impressive results in 2025, continuing the momentum from 2024. According to the International Monetary Fund (IMF), the country’s economic rebound carried into 2025 with robust export-driven growth, healthy credit expansion, and government support - helping deliver a strong first half of the year.

The government has launched an ambitious infrastructure push: a portfolio of 250 large-scale projects across 34 provinces - from transport and logistics to housing and energy - aimed at boosting public investment, improving connectivity and underpinning long-term productivity.

Macroeconomic stability remains a bright spot: inflation is largely under control, with consumer price indices kept within reasonable bounds under prudent monetary and fiscal management. Meanwhile, trade and foreign direct investment have remained strong, supporting industrial growth and the manufacturing base - a pillar of the economy.

Domestic consumption meanwhile also contributed to growth, aided by rising incomes and stable employment, helping soften external headwinds and global trade uncertainty.

On the political front, 2025 has been marked by a clear commitment to institutional reform and improved governance. The government has emphasised administrative streamlining and decentralisation as part of a broader effort to enhance efficiency and accountability across its 63 provinces, consolidating operations at provincial rather than district levels.

This reform push has been tightly linked to the economic agenda: by removing bureaucratic bottlenecks and accelerating public investment approvals, the state is laying the groundwork for faster decision-making and better public-sector performance - critical for sustaining growth and development.

Additionally, social and welfare policies have kept pace: efforts such as affordable housing schemes and rural-development upgrades have contributed to more inclusive growth, helping reduce social disparities while supporting consumer demand.

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