Singapore’s United Overseas Bank (UOB) has recently upgraded its 2025 GDP growth forecast for Vietnam to 7.7%, citing the country’s robust export performance, resilient manufacturing activity and sustained foreign investment inflows.
In its report released on December 22, UOB projected Vietnam’s fourth-quarter growth at 7.2%, following a strong 8.23% rise in the third quarter, the highest since the post-COVID rebound.
UOB economists noted that the strong performance was underpinned by resilient exports and industrial production, even as the country continued to face headwinds from evolving US trade and tariff policies.
With real GDP expanding by a robust 7.85% in the first three quarters, Vietnam's outlook remains positive for 2026, UOB reported. For 2026, the country's growth pace could moderate slightly to 7% due to base effects and dissipation of front-loading.
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