The bank expects Vietnam’s economy to maintain strong growth momentum through the remainder of 2026, supported by continued policy measures and resilient domestic economic activity.

Standard Chartered forecasts GDP growth of 10.6% year on year in the second half of 2026 and maintains its full-year growth forecast at 9.5%. Although external uncertainties persist, continued policy support is set to help sustain economic activity in the coming months.

September indicators are poised to remain consistent with continued economic expansion. Industrial production is projected to increase by 13.2% year on year, while trade activity is anticipated to stay strong in the third quarter. Standard Chartered estimates that exports will have grown 27.2% year on year in Q3, with imports rising 40%.

Inflation is projected at 4.5% year on year in September, broadly in line with the government's target.

Tim Leelahaphan, Senior Economist, Vietnam and Thailand, Standard Chartered, said Vietnam continues to demonstrate strong economic resilience, underpinned by robust domestic demand, expanding industrial production and dynamic trade activity.

“We expect growth momentum to remain solid through the remainder of the year. While external uncertainties remain, continued policy support and sustained economic activity are expected to support Vietnam's growth outlook through year-end”, he noted.

Vietnam targets digital economy to make up at least 50% of GDP by 2045

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