Monday, 05/10/2026
Monday, 05/10/2026

Standard Chartered raises 2026 GDP growth forecast for Vietnam to 9.5%

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VOV.VN - Standard Chartered has lifted its 2026 GDP growth forecast for Vietnam to 9.5%, citing strong economic momentum and a supportive policy environment, according to its latest assessment report.

The bank expects the positive momentum to continue into 2027, with GDP growth projected at 11.0%.

Meanwhile, Standard Chartered has also lowered its inflation forecasts to 4.4% for 2026 and 3.3% for 2027, reflecting an improved inflation outlook. The bank expects the policy rate to remain unchanged as authorities continue to balance growth objectives with inflation management.

Tim Leelahaphan, Senior Economist for Vietnam and Thailand at Standard Chartered Bank, said "Vietnam's economy has demonstrated remarkable resilience in the first half of 2026, supported by stronger-than-expected growth across manufacturing, services and investment activity, alongside continued policy support."

“While global uncertainties and inflationary pressures remain factors to monitor, Vietnam enters the second half of the year from a position of strength. Strong domestic demand, continued investment in infrastructure and productive capacity, and ongoing economic transformation are helping to create a more balanced and resilient growth model that can support Vietnam’s long-term development ambitions,” Leelahaphan added.

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