Vietnam's economy expanded 7.09% last year to $476.3 billion, faster than the 5.05% expansion in 2023, driven by strong exports and robust foreign investment inflows, government data showed on Monday.

Despite facing numerous difficulties and the impact of Typhoon Yagi, the Vietnamese economy grew impressively by 7.09% last year, with the growth rate reaching an estimated figure of 7.55% in the fourth quarter of 2024,

The Vietnamese economy demonstrated remarkable resilience in 2024 and was estimated to achieve a growth rate of 7.09% despite global uncertainties, General Director of the General Statistics Office (GSO) Nguyen Thi Huong said on January 6.

VOV.VN - With positive domestic and global growth drivers, economic experts predict that Vietnam is likely to reach a GDP growth rate of 7.5% to 8% in the year ahead.

VinaCapital expects Vietnam will achieve 6.5% GDP growth in 2025, with growth drivers shifting more toward domestic factors.