Analysis by Region - Asia Pacific - Vietnam

We expect Vietnam's GDP will grow by 6.9% this year, following a 7.1% expansion in 2024. Manufacturing exports will continue to be the main engine of growth this year, particularly electronics exports.


Vietnam: Growth will outperform the region again in 2025
Forecast overview
Recent developments
Short-term outlook
Finally, there is a risk that US tariffs onto Vietnam may arrive sooner rather than later. Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics

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