As Vietnam’s economy strides confidently into 2025, the outlook for listed companies appears increasingly robust, with the banking sector positioned as a key driver of stock market growth.
The Vietnamese economy continued to bounce back in January this year following impressive growth pace of 7.09 percent in 2024, according to Deputy Minister of Planning and Investment Tran Quoc Phuong.
Standard Chartered maintains strong GDP growth of 6.7 percent for Viet Nam in 2025, with growth easing from 7.5 percent year-on-year in the first half to 6.1 percent in the second half.
The World Bank (WB) has released a report which explores how Vietnam can upgrade its participation in global value chains to become a high-income country by 2045.
HSBC Bank forecasts that Viet Nam's economy will grow 7 percent in 2024, becoming the fastest growing economy in ASEAN and creating as much new GDP as the Netherlands.
The credit rating organisation Moody's has forecast a positive economic outlook for the Asia-Pacific region in 2025, with accelerating growth in Southeast Asia, and Vietnam is expected to benefit notably from this trend.
Vietnam's economic strength is reflected in controlled macroeconomic indicators and the country has increasingly affirmed and strengthened its important role in the supply chain diversification strategy of multinational corporations. 2024 will be the year for foreign investors to seize opportunities and implement high-tech foreign direct investment (FDI) projects in Vietnam.
In the context of international economic difficulty, Vietnam’s economy in 2023 still recorded signs of recovery. International organisations and many economic experts believe that the Government’s determination to overcome challenges and support solutions will create a positive impact on economic growth in 2024 and create momentum for progress in the medium term.