Vietnam’s economic growth in 2024 forecast on upward trend ...Middle East

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Vietnam’s economic growth in 2024 forecast on upward trend
Hanoi: The Vietnamese economy is forecast to grow at 6.3 per cent in 2024 and 6.5 per cent in 2025, said the ASEAN+3 Macroeconomic Research Office in its latest update. The growth rate for 2024 is 0.3 percentage points higher than the 6 per cent forecast in April and is the highest among ASEAN countries for 2024, Vietnam News Agency reported Wednesday. Meanwhile, the 2025 forecast has been maintained, Xinhua news agency reported. The office’s chief economist Hoe Ee Khor noted that Vietnam was hit hard last year by the downturn in external demand, but is expected to benefit from a turnaround in external demand this year. “This is going to be a very strong growth year for Vietnam. The country

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