Vietnam’s economy is forecast to grow by 6.1% next year, according to the International Monetary Fund (IMF) in its latest World Economic Outlook 2025, the Government News has reported.

It is higher than forecasts for other countries in the region with 4.5% for China, 5.1% for Indonesia, 3% for Thailand and 4.4% for Malaysia.

Vietnam's consumer prices are expected to rise by 3.5% next year, down 0.6% compared to 2024.

Regarding unemployment rate, the IMF forecasted a slight decrease for Vietnam, from 2.1% in 2024 to 2% in 2025.

The Vietnamese economy expanded 7.4% in the third quarter of this year and 6.82% in the first nine months this year, according to the General Statistics Office.

The Government targets GDP growth of 6.5-7% next year, according to Prime Minister Pham Minh Chinh.

Vietnam’s GDP is expected to reach $500 billion in 2025.