Viet Nam to lead GDP in ASEAN+3 in 2026: AMRO

The prediction reflects Viet Nam's increasingly prominent role in regional supply chains, as well as the effectiveness of FDI inflows into manufacturing, technology, and export-oriented services.

Viet Nam's GDP growth accelerated to 8.02 percent in 2025, the second-highest rate in the 2011–2025 period, driven mainly by momentum from services and industrial production, the National Statistics Office reported.

With this figure, Viet Nam becomes the fastest-growing economy in Southeast Asia and in the world in 2025.

At current prices, the country’s GDP in 2025 was estimated at nearly VND12.85 quadrillion (approximately US$514 billion), an increase of about US$38 billion compared to 2024. GDP per capita reached VND125.5 million (roughly US$5,026), up US$326 against 2024 (US$4,700).

Economic recovery and growth were driven mainly by the three key sectors. Agriculture, forestry and fisheries expanded 3.78 percent, contributing 5.3 percent to overall growth. Industry and construction recorded robust growth of 8.95 percent, accounting for 43.62 percent, while the services sector rose 8.62 percent, making the largest contribution at 51.08 percent.

The ASEAN+3 economies includes the ASEAN member states of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Viet Nam, and China, Japan and South Korea.

AMRO estimates the ASEAN+3 region to have grown by 4.3 percent in 2025, and projects growth to moderate to 4.0 percent in 2026. Inflation is estimated at 0.9 percent in 2025 and projected at 1.2 percent in 2026, remaining below the region's long-run average.

The ASEAN+3 Macroeconomic Research Office (AMRO) is an international organization established to contribute toward securing macroeconomic and financial resilience and stability of the ASEAN+3 region, comprising members of the Association of Southeast Asian Nations (ASEAN) and China; Hong Kong, China; Japan; and Korea.

AMRO's mandate is to conduct macroeconomic surveillance, support regional financial arrangements, and provide technical assistance to the members. In addition, AMRO serves as a regional knowledge hub and provides support to ASEAN+3 financial cooperation./.