Vietnam Growth

By the end of this decade, Vietnam is expected to be among the top three Southeast Asian countries in terms of industrial competitiveness.

The Government's best-case growth scenario for 2024 is 6.5-7%, higher than the goals set by the National Assembly and forecasts by international organizations.

Testing fees are expected to be low and may even be waived initially to encourage drivers to check their exhaust emissions.

The growth driver for the Red River Delta will be urban areas designed to foster an economic ecosystem encompassing industry, services, trade, and tourism.

Continued expansions in output and employment alongside muted price and supply pressures may help the sector remain in growth territory as the end of the year approaches.

The country’s economy is predicted to be among the fastest-growing in the region.

Stability is essential for Vietnam to mantain growth amid growing global uncertainties.

Vietnam’s economy recovered faster than expected in the first half of 2022 and continues to grow amid the challenging global environment.

The real estate market is expected to heat up in the remainder of the year, thanks to the bright economic outlook, the Government’s push for major infrastructure projects, and high demands for housing.

The country will continue to maneuver monetary policy cautiously and ensure credit is channeled into priority fields to aid growth.