Vietnam's economy forecasted to recover at 5.5% in 2024, 6.0% in 2025, driven by exports, consumption, and private domestic investment, per World Bank.
Vietnam's economy is forecasted to recover, with growth expected to reach 5.5% in 2024 and 6.0% in 2025, according to the World Bank. The recovery is driven by exports, consumption, and private domestic investment. The report highlights the importance of fiscal policy support, infrastructure investment, and managing potential risks such as increasing bad debts. IMF expert Paulo Medas also praises Vietnam as an attractive destination for foreign investors due to its high, stable growth, large domestic market, and young, well-educated workforce.
April 22, 2024
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