Vietnam will officially revise up its gross domestic product growth target for 2025 to at least 8.0% from 6.5%-7.0%, driven by stronger industrial manufacturing, Minister of Planning and Investment Nguyen Chi Dung said on Wednesday.

Vietnam will officially raise its 2025 GDP growth target to 8.0%, up from the previous 6.5%-7.0% range, Minister of Planning and Investment Nguyen Chi Dung announced. The country, a key manufacturing hub in Southeast Asia,

The Vietnamese government has proposed raising the country’s GDP growth target for 2025 to 8 percent, up from the previous 6.5-7 percent, amid the onset of the United States President Donald Trump’s tariff policy.

By Khanh Vu and Francesco Guarascio HANOI (Reuters) -Vietnam stands ready to import more farm products from the United States, according to a statement from trade minister Nguyen Hong Dien on Friday,