16:00 09/11/2024

Vietnam Investment Forum 2025 held.

Phạm Long

While FDI and export growth will continue to play significant roles, public investment and domestic consumption are expected to drive growth in 2025, the forum heard.

Experts share view at the Vietnam Investment Forum 2025 (Photo: VGP)
Experts share view at the Vietnam Investment Forum 2025 (Photo: VGP)

Vietnam's robust economic growth, macroeconomic stability, and ongoing infrastructure development have solidified its position as an attractive destination for global investors.

At the Vietnam Investment Forum 2025 taking place on November 8 in Ho Chi Minh City, experts highlighted the key drivers of economic growth in 2024 and 2025, the Government News reported.

While Foreign Direct Investment (FDI) and export growth will continue to play significant roles, public investment and domestic consumption are expected to drive growth in 2025.

Mr. Nguyen Ba Hung, Asian Development Bank (ADB) Chief Economist in Vietnam, noted that the global economic slowdown may impact export growth in 2025. However, government spending will be a key driver of economic activity.

Dr. Nguyen Tu Anh, Director of the Center for Economic Information, Analysis and Forecasting under the Party Central Committee's Economic Commission, echoed this sentiment, emphasizing the importance of investment demand in driving growth. He highlighted the potential for increased private investment and economic recovery in 2025.

Participants at the forum agreed that Vietnam's strong economic fundamentals, coupled with ongoing reforms, make it a compelling investment destination. The country's commitment to improving its business environment and attracting foreign investment will be crucial in maintaining its growth momentum.

Sharing a similar view on the opportunities for the Vietnamese economy in the coming year, Mr. Phan Duc Hieu, Permanent Member of the National Assembly's Economic Committee, emphasized that institutional reforms, along with new investment project decisions, will be crucial factors driving optimistic prospects for the years to come.