HSBC had raised its forecast for Vietnam’s GDP growth for this year to 6.5% and maintained its growth projection for next year at 6.5%, according to its latest report “Vietnam at a glance: Bring it all back”.
The ASEAN+3 Macroeconomic Research Office (AMRO) revised Vietnam’s economic growth forecast upward to 6.3% for 2024 in its latest update released on July 16.
The Asian Development Bank has slightly raised the 2024 growth forecast for developing Asia of 46 countries, including Vietnam, thanks to stronger domestic demand and export growth.
