Monthly statistics in June show that the domestic macroeconomy in Vietnam remains stable. Inflation is effectively controlled, maintaining a level conducive to supporting economic growth. Notably, GDP in the second quarter of 2024 reached nearly 7 per cent, and exports continued to achieve impressive growth, playing a crucial role in driving economic development....
Despite external uncertainties, Vietnam's economy shows resilience, with the Asian Development Bank (ADB) maintaining a positive outlook. Domestic demand, public investment, and potential policy shifts are key factors to watch, but structural weaknesses need addressing to ensure sustainable growth.
Two major foreign banks offer varying projections for Vietnam's economic performance in Q1 and 2024, highlighting the interplay between domestic momentum and external uncertainties.