The Việt Nam Institute for Economic and Policy Research (VEPR) expects GDP growth in the fourth quarter of 2024 to reach 7.4 per cent, thereby reaching the 7 per cent target set by the Government.
Recent forecasts are optimistic about the Vietnamese economy in 2024, with the gross domestic product (GDP) growth rate poised to reach around 7 per cent for the full year, higher than the National Assembly’s target set at 6.5 per cent.
As of September 29, the total credit for the entire economy reached nearly VNĐ12.7 quadrillion (US$531.2 billion), marking a 6.92 per cent increase since early this year.
The Asian Development Bank (ADB) has revised its GDP growth forecast for Việt Nam down to 5.8 per cent for 2023 and 6.5 per cent for 2024, from 6.5 per cent and 6.8 per cent in April, respectively, according to...
Standard Chartered Bank forecasts Viet Nam’s second quarter GDP growth to have slowed to 1.5 per cent year-on-year (from 3.3 per cent in the first quarter), posing downside risks to its 6.5 per cent growth forecast for 2023. However, a...
After a sluggish GDP performance in the first quarter this year, Viet Nam is still not out of the woods yet. In particular, it has not seen the light at the end of the tunnel on the trade front.
Achieving the growth target this year is within reach as the foundation for growth remains. Along with that, the economic recovery package will be strongly implemented in the last quarter in the context that agriculture, service and manufacturing industries still...
Viet Nam’s latest economic data have shown the country is on track to surpass the Government’s target of 6-6.5 per cent for GDP growth this year. However, policy actions need to maintain flexibility and caution to cope with rising external...
The Vietnamese economy grew by 7.7 per cent in the second quarter, one of the fastest rates in a decade, and is expected to expand even faster this quarter, driven by an ongoing burst of consumption.
Viet Nam''s GDP was forecast to grow by 5.5-6 per cent this year, albeit with significant risks and inflation in the range of 4-4.5 per cent in 2022 and likely over 5 per cent in 2023.