International organizations forecast Vietnam's economic growth

Mr. Suan Teck Kin - Director of Global Market and Economic Research, UOB Bank (Singapore) - forecasts that Vietnam's GDP growth in 2025 and 2026 will be 6.9% and 7.0%, respectively.

Based on the data collected so far in 2025, Mr. Suan Teck Kin believes that these numbers still have room to increase. However, the increase will not be too large because the pressure from tariff-related issues has not really been clearly revealed.

UOB's GDP growth forecast for Vietnam in 2025 and 2026 is now 6.9% and 7.0%, respectively.

During the period 2026 - 2045, UOB Bank forecasts that an average annual GDP growth of about 7% is entirely feasible for Vietnam. This will become a reality if current reform and opening-up policies, along with investment and trade, continue to be promoted and effectively implemented.

“Assuming that productivity will continue to improve, with universal education and extensive research and training programmes, innovation will continue as education becomes more accessible and relevant to a wider audience,” said Mr Suan Teck Kin.

Similarly, the Vietnam Private Equity and Innovation 2025 report jointly conducted by the Vietnam Private Equity Development Organization (VPCA), the National Innovation Center (NIC) and the Boston Consulting Group (BCG) presents a convincing picture that Vietnam is not only ready to receive investment but also ready to lead.

The report points to a combination of rare favorable factors for Vietnam such as real GDP growth reaching 7.1% in 2024 - higher than most Asian economies. The size of the economy is expected to reach 1,100 billion USD in 2035 - 2.5 times the current size. 25 billion USD of FDI capital was disbursed in 2024, up 9% over the same period. The middle class is expected to account for 46% of the population by 2030. The digital economy currently contributes 18.3% of GDP, aiming for 35% by 2030.

In its updated report at the end of July 2025, the ASEAN+3 Macroeconomic Research Office (AMRO) forecast that Vietnam's economy will grow by 7% this year and 6.5% in 2026. Notably, both of these growth rates are the highest among the 10 ASEAN economies.

AMRO believes that Vietnam has enough policy space to support the economy when needed. Reforms to improve the investment environment and infrastructure are also helping Vietnam consolidate its position.

WB forecasts that Vietnam's real GDP will increase by 5.8% in 2025.

Standard Chartered's recently published macroeconomic report on Vietnam forecasts that Vietnam's GDP growth for the whole year of 2025 will be at 6.1%.

Standard Chartered affirmed that Vietnam's macroeconomic fundamentals remain stable despite signs of slowing trade prospects in the short term. Exports improved early in the year and Vietnam continued to record a moderate trade surplus. Imports increased, mainly focusing on raw materials, production equipment and components.

Mr. Tim Leelahaphan - Senior Economist for Vietnam and Thailand, Standard Chartered Bank - shared: "Vietnam's trade outlook remains promising, thanks to the strong recovery of exports and tourism . We believe that Vietnam has a solid foundation to cope with the challenges ahead and maintain growth momentum."

Meanwhile, the World Bank's East Asia and Pacific economic update report forecasts that Vietnam's real GDP will increase by 5.8% in 2025. GDP is expected to reach 6.1% in 2026 and 6.4% in 2027.

According to the WB, to achieve this level, Vietnam needs a more stable international environment, while promoting domestic reforms, raising productivity, investing in human capital and promoting greening of the economy.