1 Jul 2024 International Economy Vietnam’s 2Q24 economic growth beats expectations, thanks to increased public investment and domestic spending, but numerous risks loom (Business Brief No.4069 Full Ed.) คะแนนเฉลี่ย คะแนนเฉลี่ย 5 stars 4 stars 3 stars 2 stars 1 star Vietnam’s 2Q24 economic growth beats expectations, thanks to increased public investment and domestic spending, but numerous risks loom Vietnam's economy grew 6.9 percent YoY in 2Q24, beating the consensus of 5.8 percent and 5.9 percent YoY growth reported for 1Q24. The increase was driven by household consumption and public investment despite the slowdown in foreign direct investment (FDI) and exports.Looking into 2H24, Vietnam's economic growth is expected to decline from the 6.42 percent YoY growth recorded in 1H24, due to the projected slowdown in exports. For 2024, KResearch expects Vietnam's economy to grow at 6.2 percent, bettering our prior estimate of 5.8 percent, thanks to the better-than-expected economic performance in 2Q24 and anticipated growth in public investment following the easing of political uncertainties.Despite these positive developments, Vietnam's economy still faces several risks, including elevated global economic uncertainty, persistent debt problems in the real estate sector, the depreciation trend of the Vietnamese dong, and the potential increase in inflation rates. View full article Login / Register Or Enter the code from the poll Annotation This research paper is published for general public. It is made up of various sources. Trustworthy, but the company can not authenticate. reliability The information may be changed at any time without prior notice. Data users need to be careful about the use of information. The Company will not be liable to any user or person for any damages arising from such use. The information in this report does not constitute an offer. Or advice on business decisions Anyhow. International Economy Vietnam Related Analysis View all 14 Mar 2018 International Economy Thailand must brace for trade disputes between the US, EU and China, etc. (Current Issue No. 2905) The US is pressing ahead with trade measures against trade partners globally. In addition to their new ‘safeguard tariffs’ on imported solar panels and large washing machines imposed early in 2018, and more recently on imported steel and aluminum, the US is now preparing to implement protectionist measures against Chinese products valued at around USD60 billion. This direction will likely add significant pressure to global trade, thus, KResearch views that all eyes should be closely kept on negotiations between the US and EU, both being among the largest economies in the world. 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Read more 0 KB 0 KB 26 Dec 2017 International Economy The Philippines: Rising Market of ASEAN (Current Issue No. 2887 Full Ed.) Thai exports to ASEAN-5 (Malaysia, Singapore, Indonesia, the Philippines and Brunei) account for 59.3 percent of our total exports to the entire AS... Read more 0 KB 0 KB 19 Dec 2017 International Economy Chinese Economy Continues Momentum to Yearend Growth next year inches toward balance, Focus on Reforms (Business Brief No.3719) China's latest economic indicators show that the Chinese economy has maintained momentum. Although China’s domestic eco... Read more 0 KB 0 KB View all