Vietnam posts 7.5pc growth in first half of 2025

HANOI, July 5: Vietnam announced on Saturday its economy grew 7.52 percent in the first half of 2025, the highest in more than a decade as exports soared.

The strong growth figure comes just days after southeast Asian manufacturing hub averted the most punishing of US President Donald Trump's threatened "reciprocal" tariffs on its exports.

"GDP in the first six months of 2025 increased by 7.52 percent over the same period last year, the highest level of the first six months in the period 2011-2025," the General Statistics Office said in a statement.

The country achieved growth of 7.96 percent in the second quarter over the same period last year, the highest Q2 reading since 2022 when it hit 8.56 percent.

"Our country's socio-economic performance in the second quarter and the first six months of 2025 achieved very positive results, approaching the set target in the context of many uncertainties in the world and regional economy," the GSO statement said.    �"AFP