Vietnam
VIỆT NAM ENJOYS ROBUST RECOVERY AMIDST GLOBAL CHALLENGES
Vietnam’s economy is showing strong recovery despite global uncertainties, gaining praise from major international institutions like the IMF, OECD, WEF, and UOB. In Q1 2025, GDP grew 6.93%, following 7.09% in 2024, highlighting Vietnam’s resilient economic management. WEF leaders commended Vietnam’s rising role in global value chains, crediting its flexible governance and independent foreign policy. The OECD’s 2025 Vietnam Report affirmed the country’s progress and projected that with continued reforms, Vietnam could achieve high-income status before 2045. UOB projected 6.1% GDP growth for Q2, with over 60% of surveyed Vietnamese businesses optimistic about future growth and nearly half planning to expand globally. However, external risks remain. The IMF warned of vulnerabilities tied to trade tensions, U.S. tariff threats, and high corporate debt. To maintain momentum, international organisations recommend fiscal stimulus, accelerated public investment, improved monetary policy, and institutional reforms such as tax base expansion and renewable energy promotion. Businesses are responding with supply chain diversification, localisation, and digital transformation. With solid macroeconomic fundamentals, an ambitious reform agenda, and proactive private sector engagement, Vietnam is seen as well-positioned to sustain stable growth and strengthen its role in global trade. UOB forecasts GDP growth of 6% in 2025 and 6.3% in 2026. (ICE HO CHI MINH CITY)
Fonte notizia: Vietnam News
