Citi raises Vietnam's 2026 GDP growth forecast to around 8%
Citi Research has raised its forecast for Vietnam's 2026 GDP growth to around 8%, citing stronger-than-expected economic performance and resilient exports.
Citi has revised its forecast for Vietnam's GDP growth in 2026, raising it to around 8% from a previously projected low-7% range. This upward adjustment comes after Vietnam's second-quarter GDP growth of 8.5%, which surpassed expectations following a rebound in exports and domestic demand. The U.S. remains a significant export market, accounting for about 30% of Vietnam's total exports, while trade with China has also strengthened.
However, Citi warns of potential risks such as renewed energy-price volatility, weaker global demand, and potential disruptions to hydropower generation due to El Niño. Despite these challenges, the bank remains optimistic about Vietnam's long-term growth prospects, driven by expanding trade relationships, deeper participation in global supply chains, and sustained infrastructure investment.
Brief written by urgent.news from VnExpress Business's own syndicated text. Machine-written — it may contain errors, so check the original before relying on it.
