Vietnam’s Resilience Threatened By Property Downturn
Country Risk / Vietnam / Mon 15 Jan, 2024
Key View
- The economy outperformed our 4.7% growth forecast for 2023, expanding by a swifter 5.0% instead and pointing to stronger growth momentum than we previous thought.
- However, we are sticking to our 5.5% growth forecast for 2024.
- One reason is that a likely global growth slowdown will weigh on external demand, and another is that the