Want to be in the loop?
subscribe to
our notification
Business News
ADB FORECASTS VIETNAM GROWTH ABOVE 7% THROUGH 2027
Workers assemble vehicle components on a production line at a manufacturing plant in Vietnam - PHOTO: ARCHIVES
HCMC – Growth is projected at 7.2% in 2026 and 7% in 2027, remaining above 7% despite global risks, the Asian Development Bank reported.
The forecast, published in the April 2026 Asian Development Outlook on April 10, is lower than the estimated 8% expansion in 2025 but reflects resilience to external shocks.
ADB attributed the outlook to steady exports, especially ahead of potential U.S. tariff adjustments, along with stable domestic policies and continued investment.
Risks remain from changes in U.S. trade policy, geopolitical tensions, and broader global uncertainty.
Shantanu Chakraborty, ADB country director for Vietnam, said flexible government policies have helped contain inflation and support short-term growth, including during energy supply disruptions linked to conflict in the Middle East.
For the longer term, ADB recommended improving energy efficiency, diversifying supply sources, and accelerating the shift to clean energy.
The report warned that tensions in the Middle East could disrupt oil and gas flows through the Strait of Hormuz, raising transport costs and pressuring global supply chains. Combined with the Russia-Ukraine conflict, these factors could drive commodity price volatility and affect global trade.
ADB also highlighted the need to develop the corporate bond market to diversify medium- and long-term funding. It pointed to greater transparency, a stronger legal framework, and broader investor participation as key to supporting sustainable growth.
Source: The Saigon Times
Related News
MEMBER CORNER / PROMOTIONS
VIETNAM'S MANUFACTURING STORY HAS CHANGED IN 2026
Vietnam is no longer attracting investment solely because of its competitive costs. Today, global manufacturers are increasingly choosing Vietnam for its expanding industrial ecosystem, resilient supply chains and growing role in high-value sectors such as semiconductors, electronics and advanced manufacturing.
BANKING / FINANCE / INSURANCE / TAX
VIETNAM NEEDS OVER $200BN FROM STOCK MARKET IN NEXT 5 YEARS
Speaking at the event, Bui Hoang Hai, vice-chairman of the State Securities Commission of Vietnam, said total investment demand in the 2026-30 period is estimated at VND38,000 trillion ($1.4 trillion). The state budget can only provide approximately VND8,500 trillion ($323 billion), or 20 percent, leaving the remaining 80 percent to be sourced from private and international capital.
VIETNAM ECONOMY INVESTMENT
HUNG YEN BUILDS DIGITAL FOUNDATIONS TO DRIVE LONG-TERM GROWTH
From strengthening data infrastructure to developing AI platforms, Hung Yen province is enhancing governance capacity while laying the groundwork for the growth of its digital economy. Hung Yen, about 50-60km southeast of Hanoi, has maintained steady momentum in implementing its digital transformation agenda, creating a stronger foundation for the province to advance science, technology, and innovation.
VIETNAM ECONOMY INVESTMENT
CHINESE INVESTMENT WAVE OPENS NEW DOORS
As Chinese companies move beyond factory relocation to ecosystem-driven investment, Vietnam has a rare opportunity to evolve from a low-cost production base into a strategic node in regional value chains. When global companies first diversified supply chains, the focus was largely on relocating manufacturing capacity.
VIETNAM ECONOMY INVESTMENT
VIỆT NAM STEPS UP EXPORT TO ACHIEVE US$550-BILLION TARGET
Việt Nam is intensifying efforts to sustain export momentum in the second half of 2026 as the country works towards its target of US$550 billion in export revenue for the year, despite continuing uncertainties in global trade. Statistics show that exports reached $266.5 billion in the first six months, meaning the economy needs to generate around $245.5 billion more during the remainder of the year to meet the annual goal.
VIETNAM ECONOMY INVESTMENT
ASIA POWERS VIETNAM’S SHRIMP BOOM, LEAVING THE WEST BEHIND
In the first half of 2026, Vietnam's shrimp exports surpassed the US$2.3 billion mark, driven largely by booming demand from China and a lobster craze. But behind that growth figure lies a lopsided picture: Asia is carrying the load, while the U.S. and Europe have yet to break out. These days, a container of frozen shrimp leaving a Ho Chi Minh City port is more likely to cross the East Vietnam Sea to Shanghai than the Pacific to Los Angeles.
Events Sponsors
