Hanoi, Oct. 7 -- Vietnam is set to top growth charts among developing East Asia and Pacific economies in 2025, with gross domestic product forecast to rise 6.6%, the region's quickest pace, according to the World Bank (WB)'s East Asia and Pacific Economic Update released for October.
The WB projected the bloc's overall expansion to ease to 4.8% this year from 5% in 2024, then slip further to 4.3% in 2026 as trade barriers, geopolitical uncertainties, and reliance on fiscal stimulus weigh on momentum. Even so, the region endures as a global bright spot, buoyed by resilience and ample room for structural reform.
Strong recovery underpins Vietnam's outlook
Vietnam's edge stems from a sharp manufacturing rebound and consumer spending surge...
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