Findings from a recent business sentiment survey conducted by the NSO under the Ministry of Finance show that 37.3% of businesses expect better performance in Q3, while 43.5% forecast steady operations.
Dong Tam’s brick factory in Long An province. (Photo: vnexpress.net)
Hanoi (VNA) - Nearly 80% of manufacturing and proc🌸essing enterprises anticipate business conditions in the third quarter to be stable or improve, according to the National Statistics Office (NSO).
Findings from a recent business sentiment survey conducted by the NSO under the Ministry of Finance show that 37.3% of businesses expect better performance in Q3, while 43.5% forecast steady operations. About 19.2% believe difficulties will persist.
Foreign-invested enterprises (FDI) remain the most optimistic, with 81% predicting stable or improved conditions. The proportion stands at 79.8% for state-owned enterprises and 80.7% for private domestic firms.
In Ho Chi Minh City, the country’s economic powerhouse, a similar survey by the municipal Statistics Office reveals that 41.8% of businesses foresee stable production and operations in Q3, while 33.7% expect improvement.
By ownership type, 85.7% of state-owned enterprises in HCM City forecast more favourable conditions this quarter compared to Q2. This rate is 74.5% for FDI firms and 68.9% for non-state enterprises.
Regarding second-quarter performance, nearly 36% of surveyed businesses nationwide said conditions had improved from the first quarter. Meanwhile, 43% reported stable operations and 21.3% faced ongoing challenges. In HCM City, almost 75% of enterprises recorded either steady or improved activity.
According to the NSO, industrial production continued to show strong growth in the previous quarter. The Industrial Production Index (IIP) is estimated to have risen 10.3% year-on-year in Q2, with manufacturing and processing up 12.3%. Over the first half of 2025, the IIP grew by an estimated 9.2%, the highest first-half increase since 2020.
The sector's added value expanded by 8.07% in the first six months, marking the second-highest rate in the 2020–2025 period, trailing only the 8.89% recorded in the same period of 2022. This contributed 2.64 percentage points to the overall GDP growth. Accordingly, Vietnam’s GDP in H1 surged by 7.52%, the highest rate for the same period since 2011.
Meanwhile, Vietnam’s manufacturing Purchasing Managers’ Index (PMI) for June, released by S&P Global, came in at 48.9, staying below the 50-point threshold for the third consecutive month, signaling a contraction.
Andrew Harker, economics director for Economic Indicators & Surveys at S&P Global Market Intelligence, attributed the decline to subdued global demand for Vietnamese manufactured goods. Nonetheless, he noted production output increasing for the second straight month, and gradually improving business confidence as a positive trend./.
HP Inc. is looking to expand its production capacity in Vietnam with planned investment ranging from 2 – 3 billion USD, Antoine Colin, HP Senior Vice President for Global Supply Chain Digital Transformation & Resilience, told Prime Minister Pham Minh Chinh at a meeting in Hanoi on June 20.
Vietnam’s industrial production index (IIP) maintained strong growth momentum, rising 8.8% year-on-year in the first five months of 2025, compared to a 7.1% increase during the same period last year, according to data from the Ministry of Finance's National Statistics Office (NSO).
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The SBV has proactively assigned credit growth limits to credit institutions this year, and set an annual credit growth of 16% for 2025, with room for flexible adjustments depending on market conditions.
By June 2025, Vietnam's total credit had reached over 17.2 quadrillion VND (658.43 billion USD), up 9.9% from end-2024 and 19.32% year-on-year—the highest growth rate since 2023—signalling strong recovery in manufacturing, agriculture, and supporting sectors.
According to a report released by UOB's Global Economics & Market Research Unit released on July 8, Vietnam’s real GDP grew by a robust 7.96% year-on-year in the second quarter of 2025, significantly exceeding Bloomberg’s forecast of 6.85%, UOB’s projection of 6.1%, and the revised growth figure of 7.05% in the first quarter.
The planned issuance is expected to raise roughly 9 trillion VND (equivalent to 344.53 million USD), providing the national carrier with additional capital to improve liquidity, reinforce its financial foundation, and advance its post-pandemic recovery and growth strategy.
According to the Civil Aviation Authority of Vietnam (CAAV), in the first half of 2025, Vietnam's aviation industry served 41.3 million passengers, representing a 10% increase compared to the same period in 2024. Notably, the international market accounted for 23 million passengers, up by 13%, while the domestic maintained a steady 7% growth with 18.4 million passengers.
The country’s three major network providers – Viettel, VNPT and MobiFone – have so far deployed around 11,000 5G base stations, equivalent to 7.7% of existing 4G stations. These stations now cover all provinces and cities, reaching approximately 26% of the population.
In the first half of 2025 alone, Hanoi welcomed over 15.55 million visitors, up nearly 12% year-on-year. Of these, 3.66 million were international arrivals, marking a strong increase of 21.8%.
According to the plant’s mid-year report, electricity output reached an estimated 3.79 billion kWh, achieving 115% of the target. Revenue was estimated at nearly 7.74 trillion VND (296.1 million USD), 13% above the plan, while post-tax profit was roughly 58 billion VND, thereby reducing planned losses by 114% (equivalent to 461 billion VND).
To enhance the value chain of speciality fruit commodities with its competitive advantages, Tien Giang province is operating the Hoa Loc mango production–consumption chain project for 2020-2025 with a vision towards 2030.
Deputy Prime Minister Ho Duc Phoc confirmed that eliminating the presumptive tax was the right policy, as stated in the Politburo's Resolution 68-NQ/TW on private sector development.
At these meetings, the PM highlighted Vietnam’s current landscape, key development priorities, and its favourable investment and business environment. He also underscored the strong friendship between Vietnam and Brazil, particularly following the upgrade of bilateral ties to a Strategic Partnership in November 2024.
The surge was largely driven by domestic revenue, which reached 373.9 trillion VND, meeting 77.5% of the yearly projection and rising 52.7% year-on-year.
Hanoi’s index of industrial production (IIP) rose by an estimated 5.9% year-on-year in the first six months of 2025, according to the city’s Statistics Office.
With over 25 years of experience in the life insurance and financial services industry across Asia, Kwon brings a strong track record of driving growth, operational excellence, and customer-centric innovation.
The service departs from Hanoi at 9:25 pm every Monday, Wednesday, Friday, and Sunday, and arrives in Xi’an at 1:10 am the following day. The return flight leaves Xi’an at 2:10 am every Monday, Tuesday, Thursday, and Saturday, and lands in Hanoi at 4:10 am (local time).
Efforts should focus on attracting both foreign direct investment (FDI) and domestic investment, with priority given to high-tech and environmentally friendly projects.
