Vietnam’s GDP growth is now projected at 7 percent in 2025, revised up from 6.5 percent in April, while 2026 growth is forecast at 6.5 percent, unchanged from earlier, according to the ASEAN+3 Regional Economic Outlook (AREO) Update, July 2025→view source.
Key details:
- This upward revision reflects growing optimism about Vietnam’s economic momentum in the region, especially compared to ASEAN peers such as Thailand (2.1 percent) and Malaysia (4.2 percent).
- Inflation is expected to remain stable, with the Consumer Price Index (CPI) forecast at 3.4 percent in 2025 and 3.0 percent in 2026, both maintained from April estimates.
Vietnam is now forecast to be one of the fastest-growing economies in Southeast Asia in 2025, outpacing regional peers such as Indonesia (4.8 percent), Malaysia (4.2 percent), and Thailand (2.1 percent), and the Philippines (5.6 percent).
Inflation in Vietnam is expected to remain stable at 3.4 percent, broadly in line with the regional average.
ASEAN+3: AMRO Growth and Inflation Projections, 2025–26
| GDP (Percent year-on-year) | CPI (Percent year-on-year) | |||||||
| 2025 | July Update | 2025 | July Update | |||||
| 2025f | 2026f | 2025f | 2026f | 2025f | 2026f | 2025f | 2026f | |
| ASEAN+3 | 4.2 | 4.1 | 3.8 | 3.6 | 1.7 | 1.7 | 0.9 | 1 |
| Plus-3 | 4.1 | 4 | 3.7 | 3.4 | 1.4 | 1.5 | 0.5 | 0.6 |
| China | 4.8 | 4.7 | 4.5 | 4.1 | 1.1 | 1.3 | 0 | 0.2 |
| Hong Kong, China | 2.4 | 2.3 | 2.1 | 1.9 | 2.2 | 2 | 1.8 | 1.6 |
| Japan | 1.3 | 1 | 0.7 | 0.6 | 2.5 | 2.1 | 2.9 | 2.1 |
| Korea | 1.6 | 1.9 | 0.7 | 1.6 | 1.9 | 1.8 | 2 | 1.9 |
| ASEAN | 4.7 | 4.7 | 4.4 | 4.2 | 3 | 2.9 | 2.4 | 2.7 |
| Brunei Darussalam | 2.6 | 2.6 | 1.7 | 2.3 | 0.6 | 0.4 | 0.2 | 0.3 |
| Cambodia | 5.8 | 6 | 5.2 | 4.7 | 2.9 | 2.5 | 2.5 | 2.3 |
| Indonesia | 5 | 5.1 | 4.8 | 4.7 | 2.2 | 2.7 | 1.5 | 1.9 |
| Lao PDR | 4.6 | 4.6 | 4.4 | 4.2 | 10.1 | 6.4 | 10.1 | 6.4 |
| Malaysia | 4.7 | 4.5 | 4.2 | 3.8 | 2.7 | 2.5 | 2 | 2.2 |
| Myanmar | 1 | 1 | –1.0 | 1.5 | 25 | 18 | 30 | 28 |
| The Philippines | 6.3 | 6.3 | 5.6 | 5.5 | 3.3 | 3.2 | 1.8 | 3.2 |
| Singapore | 2.7 | 2.4 | 2.3 | 1.6 | 1.8 | 1.8 | 1 | 0.8 |
| Thailand | 2.9 | 3 | 2.1 | 1.8 | 1.2 | 1.3 | 0.5 | 0.8 |
| Vietnam | 6.5 | 6.2 | 7 | 6.5 | 3.5 | 3 | 3.4 | 3 |