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Economy 2025: Vietnam fights against global trade crises!
Find out how geopolitical and economic challenges will affect Vietnam's tourism through 2025 and what strategies are needed.
Economy 2025: Vietnam fights against global trade crises!
On May 24, 2025, a subdued picture emerges for global economic growth. Forecasts indicate growth of just 2.8% for 2025 and 3% for 2026, well below the 3.5% seen in 2011 to 2019. This development is influenced by various factors, in particular the slow growth of world trade and the increasing influence of customs and trade protection policies. Loud vietnam.vn Geopolitical conflicts and technological trade wars are also risks that affect many emerging countries, including Vietnam.
In addition to global challenges, Vietnam is grappling with high inflation and interest rates, as well as rising public and private debt. These factors increase the likelihood of low growth in major economies such as the US, China, the EU and Japan. External risks could significantly impact Vietnam's exports, investment, consumption and tourism sectors, creating additional challenges for businesses in Vietnam.
Strategic reactions and pressure to innovate
Businesses in Vietnam find themselves in a difficult situation as they struggle with rising costs and digitalization and greening requirements. Despite these challenges, the country's strategic geopolitical location offers new opportunities for industrial developments. Asian demand is expected to surpass that of the US by 2028, putting Vietnam in a favorable position provided companies can take the right measures.
A crucial aspect is the need to increase competitiveness through innovation. Vietnamese companies should differentiate themselves not only on price, but also on quality, brand and service. To be successful in the long term, it is essential to focus on green and digital transformation and promote the integration of ESG factors into corporate strategies. This is seen as crucial for the future of competitiveness.
Opportunities and challenges in a global context
The economic conditions in Vietnam are dominated by global trade conflicts, which not only influence trade but also the capital markets. A report from zaster-magazin.de analyzes the potential impact of Donald Trump's second term on the global economy and Europe's reactions to protectionist trade tariffs. These global trends pose challenges, particularly for emerging countries like Vietnam, but also offer new opportunities.
With Resolution No. 68-NQ/TW, the Vietnamese government has a clearly defined goal of creating two million new businesses by 2030. This initiative is intended to promote inner strength in the market, state and society. Local governments are encouraged to focus on creating jobs and supporting business start-ups. At the same time, a repositioning of the export markets will be necessary to secure growth.
Overall, businesses in Ho Chi Minh City are in a period of positive development thanks to government support. They report increased investments and an improved production landscape. However, to remain competitive, Vietnamese companies need to develop agile strategies to diversify markets and build effective supply chain networks.