reportlinker.com gives optimistic growth forecast for Vietnamese economy

On January 9, the French news site reportlinker.com estimated that with optimistic growth forecasts and a proactive government, the Vietnamese economy is poised to exceed expectations. The banking sector has notably become a pillar of this economic growth, stimulating the growth of consumer credit and creating economic opportunities.

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In the global economy, Vietnam has become a symbol of growth and resilience. Recent forecasts from reputable financial institutions, such as the Asian Development Bank (ADB) and Standard Chartered Bank, highlight Vietnam’s economic dynamism, projecting a gross domestic product (GDP) growth trajectory in 2024 and 2025 Standard Chartered Bank estimates Vietnam’s economic growth at 6.8% in 2024, up sharply from its previous forecast of 6%.

These optimistic forecasts are explained by Vietnam’s strong economic performance in recent quarters. This positive outlook is further reinforced by ambitious targets in a changing economic landscape. Prime Minister Pham Minh Chinh highlighted the 8% growth target for 2025, providing a promising outlook for investors and financial institutions.

According to the article, the banking sector plays a central role in Vietnam’s economic recovery. This sector has recorded strong performance, while the government has put in place numerous policies to support growth, paving the way for domestic and international investors to explore new business projects.

Rising consumer credit, combined with the government’s ambitious economic goals, signals a lucrative market for investment in financial services, innovation in fintech and the development of banking infrastructure.

VNA/CVN