Will development bend under global strain?
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Vietnam aims to achieve double-digit economic growth in 2026, with a target of 10% or more average annual GDP growth. The country faces challenges from global trade tensions and energy shocks, which could impact its growth and inflation rates.
Vietnam has set a target of 10% or more average annual GDP growth for 2026. The country's GDP expanded by 7.83% in the first quarter, driven by industry, construction, and services. Total social investment reached 744.7 trillion dong, with the private sector leading. Foreign direct investment inflows were strong, with registered FDI surging 42.9%. However, Vietnam faces challenges from global trade tensions and energy shocks, which could impact its growth and inflation rates. The country is particularly exposed to rising oil prices and global trade disruptions due to its highly open economy.
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