IMF: Vietnam’s economy to grow 6.1% in ’24 & ’25

Vietnam’s economy is expected to grow 6.1 per cent this year and in 2025, according to the updated World Economic Outlook 2025 report by the International Monetary Fund (IMF).

The IMF also projected that Vietnam’s consumer prices will rise by 3.5 per cent in 2025, 0.6 per cent lower than the previous year.

The Vietnamese Ministry of Planning and Investment has presented economic development scenarios that forecast the country’s economy to grow at around 6.5 to 7.5 per cent next year.

Prime Minister Pham Minh Chinh expressed the government’s commitment to achieving a higher growth rate of 7 to 7.5 per cent in 2025 during a speech at the National Assembly’s meeting this week.

Attribution: Xinhua

Subediting: M. S. Salama