robust fundamentals underpin growth outlook

Robust fundamentals underpin growth outlook

Vietnam’s real GDP growth accelerated to 7.4 per cent on-year in the third quarter of 2024, from 7.1 per cent in April-June, according to data from the General Statistics Office. This was higher than both EIU and market expectations.
citi anticipates stronger recovery for vietnam despite typhoon disruption

Citi anticipates stronger recovery for Vietnam despite typhoon disruption

Citi has revised Vietnam’s GDP growth forecast after surprisingly strong third-quarter growth.
vietnams 2024 gdp growth forecast raised to 7 per cent

Vietnam's 2024 GDP growth forecast raised to 7 per cent

According to a report released by HSBC on October 11, Vietnam recorded stronger-than-expected growth in the third quarter of 2024, with GDP rising 7.4 per cent on-year.
vietnams gdp climbs to 74 per cent in third quarter

Vietnam's GDP climbs to 7.4 per cent in third quarter

Vietnam's GDP growth accelerated to 7.4 per cent in the third quarter of 2024, despite the impacts of Typhoon Yagi.
standard chartered predicts slower gdp growth in q3

Standard Chartered predicts slower GDP growth in Q3

Standard Chartered's early October report predicts Vietnam's third-quarter GDP growth has slowed to 5.1 per cent on-year, down from 6.9 per cent in the second quarter, with a seasonally adjusted on-quarter growth of 1 per cent.
vietnams economy on track for 65 per cent growth despite typhoon yagi says hsbc

Vietnam’s economy on track for 6.5 per cent growth despite Typhoon Yagi, says HSBC

Vietnam's economic recovery remains resilient, with HSBC projecting 6.5 per cent GDP growth for 2024, despite the significant damage caused by Typhoon Yagi, which cost the country an estimated $1.6 billion.
vietnams economc outlook remains positive amid uncertainties

Vietnam's economc outlook remains positive amid uncertainties

The Asian Development Bank (ADB) projects a positive economic outlook for Vietnam, forecasting its GDP growth at 6 per cent in 2024 and 6.2 per cent in 2025.
vietnams gdp may slow up to 05 per cent due to typhoon yagi

Vietnam's GDP may slow up to 0.5 per cent due to Typhoon Yagi

The impact of Typhoon Yagi may reduce Vietnam's 2024 GDP growth by between 0.2 per cent to 0.5 per cent, according to a report released by Mitsubishi UFJ Financial Group (MUFG) on September 16.
gdp growth boosting stock market in second half

GDP growth boosting stock market in second half

Anticipated GDP growth for the rest of 2024 is expected to drive the Vietnamese stock market upwards in the coming months.
foreign invested enterprises turn attention to vietnams domestic market

Foreign-invested enterprises turn attention to Vietnam’s domestic market

Foreign-invested enterprises are shifting their focus to Vietnam's lucrative domestic market, driven by its large population and high GDP growth.
hsbc raises vietnams 2024 gdp growth forecast to 65 per cent

HSBC raises Vietnam's 2024 GDP growth forecast to 6.5 per cent

HSBC has raised its 2024 GDP growth forecast for Vietnam to 6.5 per cent (from 6.0 per cent) and maintained its 2025 GDP estimate at 6.5 per cent.
vietnams growth recovery exceeds expectations

Vietnam’s growth recovery exceeds expectations

Vietnam’s GDP growth in the second quarter of 2024 rose to 6.9 per cent on-year, up from 5.7 per cent in the first quarter. The acceleration was driven by both the manufacturing and services sectors, highlighting economic resilience.
european businesses express cautious optimism

European businesses express cautious optimism

Despite the country's robust first-half GDP growth, the EuroCham's Business Confidence Index (BCI) experienced a marginal decline from 52.8 points in the first quarter to 51.3 points in the second quarter of 2024, underscoring cautious optimism among the European business community.
gdp growth reaches 642 pc in first half

GDP growth reaches 6.42 pc in first half

Vietnam's economy grew by 6.42 pc in the first six months of 2024, slightly lower than the figure of 6.58 pc in the same time of 2022 within the 2020-2024 period.
economic recovery momentum continues into second quarter

Economic recovery momentum continues into second quarter

UOB (United Overseas Bank) expects GDP growth to pick up to 6 per cent in the second quarter of 2024, extending the 5.66 per cent gain seen in the first quarter, and has maintained its growth forecast for Vietnam at 6 per cent for 2024.