Citi raises forecast for Vietnam’s 2025 GDP growth

Citi raises forecast for Vietnam’s 2025 GDP growth

Citi remains cautiously optimistic on Vietnam's growth outlook, although US tariffs on Vietnam will increase post a recently agreed trade deal.
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.
Export expansion at centre of growth plan

Export expansion at centre of growth plan

The government has requested new measures to assist Vietnam in maintaining its growth outlook and ensuring it meets export targets this year, via its annual resolution covering the general economic situation.
Resiliency pointing to positive growth outlook

Resiliency pointing to positive growth outlook

Despite the pandemic, a gradual bounce in production and confidence of businesses is expected to continue driving the economy to a brighter outlook next year.