IMF Forecasts 6.1% Growth for Vietnam in 2024 Despite Ongoing Challenges
The IMF projects Vietnam’s GDP growth at 6.1% for 2024, supported by external demand and government policies, despite risks in exports and the real estate sector.
In its recent September report, the International Monetary Fund (IMF) significantly upgraded its 2024 GDP growth forecast for Vietnam to 6.1%, anticipating that the country’s GDP will achieve $468.5 billion by year-end. This optimistic projection stems from several positive indicators such as robust external demand, a resilient inflow of foreign direct investment (FDI), and supportive government policies targeted at economic recovery.
ASEAN Briefing
