Analysis by Region - Emerging Markets - Vietnam
We expect Vietnam's GDP will expand by 5.9% in 2024. Q2 2024's GDP growth print of 6.9% y/y was higher than our projection, as well as that of consensus. The key tailwind continues to be the external sector, with electronics continuing to support robust double-digit export growth. We expect GDP in Q3 to moderate to around 6% y/y, but see downside risks from Typhoon Yagi.
- Vietnam: Typhoon Yagi poses downside risk to near-term growth
- Forecast overview
- Recent developments
- Short-term outlook
- Key drivers of our short-term forecast
- Economic risk
- Economic risk evaluation
- Background
- Economic development
- Structure of the economy
- Balance of payments
- Policy and politics
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