The Asian Development Bank (ADB) keeps the growth outlook for Việt Nam in 2024 and 2025 unchanged at 6 per cent and 6.2 per cent respectively, on the back of a strong first-half performance.
In its 2023 Annual Consultation Report on Việt Nam released this week, AMRO suggested a recalibration of policies to support growth while ensuring financial stability.
Viet Nam''s economic growth continued to face challenges which were seen in a slowdown in industrial production and declining exports due to weak external demand and global uncertainties.
Deputy Minister of Industry and Trade Do Thang Hai said the fall in global import demand for Viet Nam''s strong goods would negatively impact the country''s exports this year.
Viet Nam’s growth rate targets of 6.3 per cent in 2022 and 6.8 per cent in 2023 are feasible, but greatly rely on how the pandemic develops over the next two years.
Standard Chartered continues to expect Viet Nam’s strong growth this year and next, with forecast for 2021 at 6.5 per cent, slightly lowered from the previous forecast of 6.7 per cent.
The Asian Development Bank (ADB) forecasts a moderate deceleration for Viet Nam’s growth this year and next, but says Viet Nam is still a standout in Asia with stable development thanks to resilient domestic demand and sustained inflows of foreign...
The Asian Development Bank (ADB) revised Viet Nam''s growth prospect upward to 6.7 per cent in both 2017 and 2018 compared with earlier forecasts of 6.3 and 6.5 per cent, respectively.
Viet Nam''s growth, though not stellar, is continuing, as latest
high-frequency indicators suggest domestic demand is rebounding, albeit
at a gradual pace, according to HSBC''s Asian Economics quarterly report
released late last week.