Vietnam’s GDP expanded 7.83% year-on-year in Q1 2026, slowing from an 8.46% growth rate in Q4 2025, as rising oil imports boosted inflation. Growth was broad-based, with all sectors posting solid gains, including industry and construction (8.92%), services (8.18%), and agriculture (3.58%). On the expenditure side, exports rose 19.85%, while imports surged 24.27%, driven by the Middle East conflict, which pushed up oil prices. Final consumption climbed 8.45% yoy, while fixed investment grew 7.18%. Last year, the country’s GDP advanced by 8.02%, the strongest performance since 2011. Vietnam is targeting annual economic growth of at least 10% through 2030, backed by investments in hundreds of new large-scale projects launched last year, worth an estimated USD 200 billion. Earlier, Kim Eng Tan, managing director for Asia sovereign ratings at S&P Global Ratings, said that Vietnam is expected to grow steadily over the next three years, with an annual growth forecast of 6.7%. source: General Statistics Office of Vietnam

The Gross Domestic Product (GDP) in Vietnam expanded 7.83 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Vietnam averaged 6.33 percent from 2000 until 2026, reaching an all time high of 13.71 percent in the third quarter of 2022 and a record low of -6.02 percent in the third quarter of 2021. This page provides the latest reported value for - Vietnam GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Vietnam GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on April of 2026.

The Gross Domestic Product (GDP) in Vietnam expanded 7.83 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Vietnam is expected to be 7.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Vietnam GDP Annual Growth Rate is projected to trend around 7.70 percent in 2027 and 7.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-05 08:00 AM
GDP Growth Rate YoY
Q4 8.46% 8.25%
2026-04-04 05:45 AM
GDP Growth Rate YoY
Q1 7.83% 8.46% 7.5%
2026-07-03 02:00 AM
GDP Growth Rate YoY
Q2 7.83% 7.6%


Related Last Previous Unit Reference
GDP Growth Rate YoY 7.83 8.46 percent Mar 2026
GDP Constant Prices 2589918.00 1922776.00 VND Billion Mar 2026
GDP from Agriculture 280314.00 200733.00 VND Billion Mar 2026
GDP from Construction 128582.00 143601.00 VND Billion Mar 2026
GDP from Manufacturing 633977.00 476534.00 VND Billion Mar 2026
GDP from Mining 47476.00 35354.00 VND Billion Mar 2026
GDP from Public Administration 38886.00 25618.00 VND Billion Mar 2026
GDP from Services 1150827.00 844425.00 VND Billion Mar 2026
GDP from Transport 146232.00 105406.00 VND Billion Mar 2026
GDP from Utilities 106531.00 54777.00 VND Billion Mar 2026
Gross Fixed Capital Formation 3340935.40 3107211.96 VND Billion Dec 2024
Gross National Product 11131020.00 9784497.00 VND Billion Dec 2024


Vietnam GDP Annual Growth Rate
In Vietnam, industry and construction constitute the biggest sector of the economy (41 percent of total GDP). Yet, in the past six years the growth in services outpaced significantly all other sectors, and today services account for 37 percent of GDP. Finally, agriculture, forestry and fishing represent 22 percent of total output.
Actual Previous Highest Lowest Dates Unit Frequency
7.83 8.46 13.71 -6.02 2000 - 2026 percent Quarterly

News Stream
Vietnam GDP Growth Eases to 7.83% in Q1
Vietnam’s GDP expanded 7.83% year-on-year in Q1 2026, slowing from an 8.46% growth rate in Q4 2025, as rising oil imports boosted inflation. Growth was broad-based, with all sectors posting solid gains, including industry and construction (8.92%), services (8.18%), and agriculture (3.58%). On the expenditure side, exports rose 19.85%, while imports surged 24.27%, driven by the Middle East conflict, which pushed up oil prices. Final consumption climbed 8.45% yoy, while fixed investment grew 7.18%. Last year, the country’s GDP advanced by 8.02%, the strongest performance since 2011. Vietnam is targeting annual economic growth of at least 10% through 2030, backed by investments in hundreds of new large-scale projects launched last year, worth an estimated USD 200 billion. Earlier, Kim Eng Tan, managing director for Asia sovereign ratings at S&P Global Ratings, said that Vietnam is expected to grow steadily over the next three years, with an annual growth forecast of 6.7%.
2026-04-04
Vietnam Q4 GDP Growth Strongest Since 2007
Vietnam’s GDP advanced 8.46% year-on-year in Q4 2025, accelerating from a marginally revised 8.25% expansion in Q3 and marking the fastest pace since Q4 2007. Growth was broad-based, with all sectors posting solid gains, including industry and construction (9.73%), services (8.82%), and agriculture (3.70%). On the expenditure side, trade remained resilient despite a 20% US tariff imposed in early August, with Q4 goods exports and imports surging 19.34% and 19.40%, respectively. Meanwhile, final consumption grew 7.15% yoy, while fixed investment climbed 8.92%. For the full year 2025, the country’s GDP grew by 8.02%, the strongest performance since 2011. Last week, a senior State Bank of Vietnam official said that tariffs and monetary policy shifts in other countries would make it harder for Vietnam’s central bank to calibrate its policy settings and achieve an economic growth target of more than 10% next year. The government has said Vietnam plans to target 10% growth next year.
2026-01-05
Vietnam Q3 GDP Growth Strongest in 3 Years
Vietnam’s GDP expanded 8.23% yoy in Q3 2025, quickening from an upwardly revised 8.19% rise in the previous period and marking the fastest pace since Q3 2022. Growth was broad-based, with all sectors advancing further, including industry and construction (9.46% vs 8.82% in Q2), services (8.56% vs 9.06%), and agriculture (3.74% vs 3.95%). Meanwhile, trade remained resilient despite a 20% U.S. tariff imposed in early August, with Q3 goods exports and imports each surging 18.4% and 20.2%. On the expenditure side, final consumption gained 7.79% yoy, while fixed investment rose 8.97%. Prime Minister Pham Minh Chinh recently projected exports to climb over 12% this year, citing optimism around ongoing U.S. trade negotiations. However, a UN report warned the tariffs could slash up to 20% of Vietnam’s U.S.-bound exports, potentially making it the hardest-hit Southeast Asian economy. For the first nine months of the year, the country's GDP grew by 7.85%, the strongest performance since 2011.
2025-10-06