Hanoi, March 13, 2025 – The Europe Today: The World Bank (WB) has revised its forecast for Vietnam’s real GDP growth in 2025, raising it to 6.8 Percent, an increase of 0.2 percentage points from its earlier projection in January. However, this remains lower than the Vietnamese Government’s target of 8%.
The updated projection was released on Tuesday in the WB’s latest economic report, Taking Stock: Electrifying Journeys – E-mobility Transition in Vietnam. The report focuses on Vietnam’s economic outlook and the decarbonisation of road transport.
The WB has also raised its growth forecast for 2026 to 6.5%, slightly up from its previous estimate of 6.3%.
Economic Outlook and Risks
At a press conference on Tuesday, Mariam Sherman, the WB Director for Vietnam, Cambodia, and Laos, noted that while Vietnam’s technology exports contributed to a 7.09% growth rate last year, this momentum is expected to slow in 2025.
“This outlook remains positive and is supported by a projected recovery of domestic demand,” Sherman said. “However, increasing uncertainties lie ahead, and the current momentum could falter if global economic headwinds and trade disruptions materialize.”
She emphasized the importance of vigilance and adaptability in policymaking to sustain Vietnam’s economic prospects.
Vietnam’s ability to maintain its position as an attractive investment destination will depend on strengthening domestic industries and services. Facilitating the recovery of the real estate sector and expanding quality public investments will be key to driving growth, Sherman added.
“By fostering a conducive business environment and encouraging private consumption, Vietnam can build resilience and ensure a sustainable economic future,” she stated.
E-Mobility and Green Transport Transition
The WB report also highlights Vietnam’s transition to electric vehicles (EVs) as a significant step in creating a greener transport sector and reducing air pollution. The move toward road transport electrification aligns with Vietnam’s broader sustainability goals, further strengthening its economic and environmental outlook.
Vietnam’s continued efforts to invest in green infrastructure and renewable energy are expected to play a crucial role in shaping its long-term economic trajectory.
