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Vietnam to see 3rd highest growth in ASEAN: AMRO

The ASEAN+3 Macroeconomic Research Office (AMRO) January update has suggested Vietnam’s GDP growth in 2024 could be the third highest in the region at an estimated 6 percent. Thought the report does not provide analysis specific to Vietnam it broadly suggests that the regional economy is improving on the back of a stabilising economy in China and an improved outlook for goods exports.

AMRO, January update, GDP estimates, forecasts

October 2023 UpdateJanuary 2024 Update
20222023202420232024
ASEAN5.64.454.34.9
The Philippines7.65.96.55.66.3
Cambodia5.25.36.25.36.2
Vietnam84.765.16
Indonesia5.355.255.2
Malaysia8.74.25.24.25
Lao PDR4.44.854.34.7
Thailand2.63.53.92.73.3
Singapore3.612.91.22.6
Myanmar1.22.22.83.43.2
Brunei Darussalam-1.61.120.22.4

Full report: Quarterly Update of the ASEAN+3 Regional Economic Outlook (AREO) – January 2024 

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