VINACHEM

The Asian Development Bank (ADB) projects a positive economic outlook for Viet Nam, forecasting its gross domestic product growth at 6 percent in 2024 and 6.2 percent in 2025 despite negative impacts of super typhoon Yagi, according to the Asian Development Outlook (ADO) September.

Viet Nam's economy showed robust recovery in the first half of 2024 and continues to maintain momentum despite global uncertainties," said ADB Country Director for Viet Nam Shantanu Chakraborty.

ADB attributed improving industrial production and a strong rebound in trade to the steady recovery.

The industrial sector continues to be a primary driver of growth, with external demand for major electronics fueling production.

Viet Nam's economy showed robust recovery in the first half of 2024 and continues to maintain momentum despite global uncertainties," said ADB Country Director for Viet Nam Shantanu Chakraborty.

ADB attributed improving industrial production and a strong rebound in trade to the steady recovery.

The industrial sector continues to be a primary driver of growth, with external demand for major electronics fueling production.  – Source: VGP –