HANOI (Xinhua): Vietnam's gross domestic product (GDP) is forecast to grow 9.5 percent in 2026 and 11 percent in 2027, the Vietnam News Agency reported, citing a report released on Monday by Standard Chartered Bank.
The bank also lowered its inflation forecast to 4.4 percent this year and 3.3 percent next year, while expecting the policy interest rate to remain unchanged to support economic growth and keep inflation under control, the report said.
Tim Leelahaphan, senior economist for Thailand and Vietnam at Standard Chartered, said Vietnam's economy demonstrated strong resilience in the first half of 2026, with growth driven by manufacturing, services and investment and supported by pro-growth policies.
He added that despite global uncertainties and inflationary pressures, Vietnam enters the second half of the year from a position of strength, with strong domestic demand, continued investment in infrastructure and production capacity, and ongoing economic transformation expected to support the country's long-term development goals.
Vietnam has set a GDP growth target of 10 percent for 2026. -- Xinhua
