The Asian Development Bank has released its Asian Development Outlook report for September in which it keeps its growth forecast for Vietnam for this year at 6 percent. It also forecasts 6.2 percent for 2025.
The publication notes that there are ‘significant uncertainties on the horizon’ alongside several key observations:
- Rising nonperforming loan risks limit further options for monetary easing.
- Structural weaknesses persist in the real economy.
- Vietnam’s exports face heightened competition from global value chain shifts and geopolitical tensions.
- The SBV’s capacity for accommodative policy is constrained.
- There is an urgent need for stronger fiscal support, faster public investment, and governance reforms.
| 2023 | 2024 | 2025 | |||
| Apr | Sep | Apr | Sep | ||
| Southeast Asia | 4.1 | 4.6 | 4.5 | 4.7 | 4.7 |
| Brunei Darussalam | 1.4 | 3.7 | 3.7 | 2.8 | 2.8 |
| Cambodia | 5.0 | 5.8 | 5.8 | 6.0 | 6.0 |
| Indonesia | 5.0 | 5.0 | 5.0 | 5.0 | 5.0 |
| Lao People’s Democratic Republic | 3.7 | 4.0 | 4.0 | 4.0 | 3.7 |
| Malaysia | 3.6 | 4.5 | 4.5 | 4.6 | 4.6 |
| Myanmar | 0.8 | 1.2 | 0.8 | 2.2 | 1.7 |
| Philippines | 5.5 | 6.0 | 6.0 | 6.2 | 6.2 |
| Singapore | 1.1 | 2.4 | 2.6 | 2.6 | 2.6 |
| Thailand | 1.9 | 2.6 | 2.3 | 3.0 | 2.7 |
| Timor-Leste | 1.9 | 3.4 | 3.1 | 4.1 | 3.9 |
| Vietnam | 5.1 | 6.0 | 6.0 | 6.2 | 6.2 |
See also: Vietnam Economy News