Analysis by Region - Emerging Markets - Vietnam

Analysis by Region - Emerging Markets - Vietnam

We now expect 2024 GDP growth for Vietnam to be 5.6%. The external sector is the key tailwind, with double-digit export figures supported by electronics. The bottoming out of the tech cycle will likely continue to benefit Vietnam. We assume some levelling off in export growth later in the year due to base effects, but we raise our real exports forecast for 2024 to 12%.

Vietnam: Exports will continue to support Vietnam's recovery
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Economic development
Structure of the economy
Balance of payments
Policy and politics

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