Vietnam GDP growth forecast at 6% in 2024, third highest in ASEAN: research unit AMRO

Vietnam GDP growth forecast at 6% in 2024, third highest in ASEAN: research unit AMRO

Vietnam’s GDP growth could reach 6% in 2024 and 6.5% in 2025, higher than the 5.1% posted in 2023, according the ASEAN+3 Macroeconomic Research Office (AMRO).

A year in review and 2024 forecasts - Wed, April 10, 2024 | 5:26 pm

WB retains 2024 growth forecast for Vietnam at 5.5% despite Q1 surge

WB retains 2024 growth forecast for Vietnam at 5.5% despite Q1 surge

The World Bank has kept its growth projections for Vietnam’s GDP at 5.5% for 2024 and 6% for 2025, unchanged from its forecasts in October 2023, despite the country’s Q1 growth hitting a five-year high on a quarterly basis.

Economy - Mon, April 1, 2024 | 10:54 am

Vietnam’s economy to grow 6.1% in Q1: Standard Chartered

Vietnam’s economy to grow 6.1% in Q1: Standard Chartered

Vietnam’s GDP is expected to expand 6.1% year-on-year in the first quarter of 2024, much higher than a 3.32% growth rate in Q1/2023 but lower than the 6.72% posted in Q4/2023, according to Standard Chartered Bank.

A year in review and 2024 forecasts - Mon, March 25, 2024 | 10:55 am

Financial sector contributes greatly to Vietnam’s 2023 successes: minister

Financial sector contributes greatly to Vietnam’s 2023 successes: minister

Vietnam's financial sector made important gains in 2023, contributing to the country's "silver lining" with GDP growth of 5.05% amidst the global complex economic picture, said Minister of Finance Ho Duc Phoc.

Finance - Wed, February 14, 2024 | 8:23 am

Rising FDI inflows to further boost Vietnam’s domestic activities: UOB

Rising FDI inflows to further boost Vietnam’s domestic activities: UOB

An increase in both actual and registered foreign direct investment (FDI) inflows in 2023 will further boost Vietnam’s domestic activities in the quarters ahead including construction and employment, said researchers at Singapore-headquartered bank UOB.

A year in review and 2024 forecasts - Mon, January 29, 2024 | 2:46 pm

Vietnam likely to emerge strongly from mounting challenges in 2024: HSBC

Vietnam likely to emerge strongly from mounting challenges in 2024: HSBC

Despite headwinds, Vietnam ended 2023 relatively optimistic that 2024 is likely to be the year that Vietnam emerges strongly from mounting challenges, HSBC said in a recent note.

A year in review and 2024 forecasts - Fri, January 12, 2024 | 2:42 pm

Vietnam's GDP growth to reach 6.5% in 2024: VinaCapital economist

Vietnam's GDP growth to reach 6.5% in 2024: VinaCapital economist

Vietnam's GDP growth could rise from 5.1% last year to 6-6.5% in 2024, driven by a recovery in the country's exports which fell 4.4% in 2023 but could grow 7% in 2024, writes Michael Kokalari, chief economist of VinaCapital.

Consulting - Wed, January 10, 2024 | 3:14 pm

Vietnam’s GDP grows 5.05% to $430 bln in 2023

Vietnam’s GDP grows 5.05% to $430 bln in 2023

Vietnam’s GDP grew 5.05% year-on-year to $430 billion in 2023, the General Statistics Office (GSO) announced Friday.

A year in review and 2024 forecasts - Fri, December 29, 2023 | 11:20 am

ADB revises Vietnam 2023 growth downwards to 5.2%

ADB revises Vietnam 2023 growth downwards to 5.2%

The Asian Development Bank (ADB) has revised Vietnam’s 2023 GDP growth down to 5.2% from its September estimate of 5.8% but maintained its 6% forecast for next year.

Economy - Wed, December 13, 2023 | 3:14 pm

Fitch Ratings forecasts Vietnam economy to grow 6.3% in 2024

Fitch Ratings forecasts Vietnam economy to grow 6.3% in 2024

Vietnam’s economy is predicted to grow 6.3% in 2024 and 7% in 2025 thanks to support from domestic fiscal and monetary policies, following a slowdown in 2023, Fitch Ratings has said.

Economy - Sat, November 11, 2023 | 10:36 am

Vietnam targets 2024 economic growth of 6-6.5%

Vietnam targets 2024 economic growth of 6-6.5%

Vietnam’s National Assembly, the country’s supreme legislative body, has approved a resolution requiring the government to achieve GDP growth of 6-6.5% next year, higher than circa 5% seen for 2023.

Economy - Thu, November 9, 2023 | 4:31 pm

Standard Chartered trims Vietnam’s 2023 GDP growth forecast to 5%

Standard Chartered trims Vietnam’s 2023 GDP growth forecast to 5%

Standard Chartered Bank has lowered Vietnam’s 2023 GDP growth to 5% from the previous 5.4%, reflecting the weaker-than-expected data year to date and a gloomier global outlook, while revising up inflation.

Economy - Tue, October 24, 2023 | 2:02 pm

Vietnam gov't to strive for 5% plus GDP growth, allocate $23 bln for salary reforms

Vietnam gov't to strive for 5% plus GDP growth, allocate $23 bln for salary reforms

The government will strive to keep economic growth at above 5% this year, missing its 2023 target of 6.5% due to adverse external impacts and prolonged internal weaknesses, said Prime Minister Pham Minh Chinh.

Economy - Mon, October 23, 2023 | 2:34 pm

Global economic growth to slow to 3% in 2023, 2.9% in 2024: IMF

Global economic growth to slow to 3% in 2023, 2.9% in 2024: IMF

Global growth is forecast to slow from 3.5% in 2022 to 3% in 2023 and 2.9% in 2024, the International Monetary Fund (IMF) wrote in its October edition of the World Economic Outlook.

Consulting - Sat, October 14, 2023 | 9:13 am