Expecting a year-end acceleration

With less than three months remaining in 2025, Vietnam aims for an economic growth rate of over 8%, while Dong Nai targets more than 10%, a significant challenge in a world marked by constant turbulence.

Manufacturing and processing industries remain the main drivers of economic growth. In photo: Production at an enterprise in Ho Nai ward, Dong Nai province. Photo: Vuong The.

The encouraging economic growth achieved by both the country and Dong Nai in the first three quarters of 2025 shows that these goals are entirely within reach, thanks to the efforts of the government and the business community. Enterprises are now pinning their hopes on stronger performance in the final quarter to build momentum for future development.

Amid these challenges, the country’s socio-economic picture remains largely positive. In the third quarter of 2025, GDP grew impressively by 8.23%, contributing to a 7.85% increase over the first nine months compared with the same period in 2024, approaching the target set by the Government.

As of now, Dong Nai has over 108,600 private business entities registered on the National Business Registration Information System, comprising more than 78,700 enterprises and approximately 29,900 branches, representative offices, and business locations, with a total registered capital of around VND 779.1 trillion.

Despite global uncertainty, foreign direct investment (FDI) continues to flow steadily into Vietnam, with a growing number of new projects and participation from investors in major economies. The country remains a key destination amid the global restructuring of supply chains. In the first three quarters of 2025, total import-export turnover exceeded USD 680.6 billion, representing a 17.3% year-over-year increase, with exports rising 16% and imports increasing by 18.8%.

In Dong Nai, since the beginning of 2025, the Provincial Party Committee, People's Council, and People's Committee have focused on leading and directing the vigorous implementation of tasks and solutions to revive and grow the economy; accelerate the progress of key projects; boost the disbursement of public investment; ensure social welfare and improve living standards; advance administrative reforms; and enhance the investment and business environment to support enterprise recovery and development.

Thanks to joint efforts from authorities, businesses, and residents, Dong Nai achieved an 8.86% economic growth rate in the first nine months of 2025 compared with the same period last year, ranking 10th nationwide (with 10.18% growth in the third quarter alone, ranking third nationwide). The province attracted over USD 2.2 billion in foreign investment and more than VND 108 trillion in domestic investment. Over 5,600 new enterprises were established, adding VND 47.5 trillion to the local economy. Meanwhile, Dong Nai’s export turnover in the first nine months reached over USD 25.9 billion, a 17.28% year-on-year increase.

Looking ahead to the year’s final quarter, economic indicators appear more promising. Objectively speaking, Dong Nai’s target of double-digit economic growth in 2025 is achievable. However, given persistent global uncertainties, it remains a challenging task.

Looking ahead to the year’s final quarter, economic indicators appear more promising. Objectively speaking, Dong Nai’s target of double-digit economic growth in 2025 is achievable. However, given persistent global uncertainties, it remains a challenging task.

Workers at New Apparel Far Eastern (Vietnam) Co., Ltd., Dong Phu commune, Dong Nai province. Photo: Nguyen Hoa.

According to Deputy Secretary of the Provincial Party Committee and Chairman of Dong Nai People’s Committee Vo Tan Duc, to reach the 10% annual growth target, Dong Nai needs to achieve over 12% growth in the fourth quarter alone. This endeavor requires strong determination, focused leadership from all levels of government, and the concerted efforts of the business community and locals.

Encouragingly, the industrial production sector is showing signs of a positive recovery. In September 2025, industrial output continued to grow as many enterprises expanded production, innovated technological processes to adapt to market realities, and benefited from favorable export conditions and stable domestic demand.

A survey by the DSO revealed growing optimism among manufacturing and processing enterprises. In the third quarter, 25.35% of businesses reported improved operations. For the fourth quarter, 34.26% expect better business performance, while only 12.81% anticipate a decline compared to the previous quarter.

Enterprises are striving to expand their markets, enhance value-added production, and capitalize on export opportunities. For example, GC Foods JSC, based in the Ho Nai Industrial Park, is pursuing a long-term vision for sustainable development. Nguyen Van Thu, Chairman of the Board of Directors, stated that the company aims to expand its aloe vera cultivation area from 200 hectares to 1,000 hectares by 2030, in order to supply its processing plants. The plantation is expected to reach 400 hectares by 2027 before expanding into other provinces with similar natural conditions.

By Vuong The – Translated by M.Nguyet, Minho