Vietnam
VIỆT NAM'S GDP GROWTH POISED TO BEAT FORECAST BY 0.3%: OFFICIAL
Vietnam’s economy is expected to outperform forecasts, with first-half GDP growth projected to exceed earlier estimates by 0.2–0.3%, reaching 7.31%, according to Minister-Chairman Trần Văn Sơn. Q2 growth surged to 7.67%, driven by strong industrial performance, stable macroeconomic indicators, and low inflation. Manufacturing grew by 10%, exports rose 14.4%, and FDI hit $21.5 billion—up 32.6% year-on-year, the highest since 2009. The business environment remained vibrant, with over 152,700 enterprises entering or re-entering the market. Despite looming challenges, the government plans to accelerate reforms, ensure effective decentralisation under the two-tier governance model, and push key infrastructure goals, including 3,000km of expressways and 1,000km of coastal roads in 2025. Monetary policy will remain flexible to balance capital needs and stability. Additionally, Vietnam aims to leverage 17 existing free trade agreements and secure new trade pacts to fuel further growth. (ICE HO CHI MINH CITY)
Fonte notizia: Vietnam News
