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ADB holds on Vietnam GDP forecast but ‘significant uncertainties on the horizon’

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.
202320242025
AprSepAprSep
Southeast Asia4.14.64.54.74.7
Brunei Darussalam1.43.73.72.82.8
Cambodia5.05.85.86.06.0
Indonesia5.05.05.05.05.0
Lao People’s Democratic Republic3.74.04.04.03.7
Malaysia3.64.54.54.64.6
Myanmar0.81.20.82.21.7
Philippines5.56.06.06.26.2
Singapore1.12.42.62.62.6
Thailand1.92.62.33.02.7
Timor-Leste1.93.43.14.13.9
Vietnam5.16.06.06.26.2

See also: Vietnam Economy News

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