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World Bank says Vietnam GDP to grow 5.5% in 2024, 6.0% in 2025

World Bank says Vietnam GDP to grow 5.5% in 2024, 6.0% in 2025

Wednesday, April 24, 2024, 12:39 GMT+7
World Bank says Vietnam GDP to grow 5.5% in 2024, 6.0% in 2025
A woman rides a motorcycle as she passes containers at Hai Phong port, Vietnam September 25, 2018. Photo: Reuters

Vietnam's gross domestic product is seen growing 5.5% this year, the World Bank said on Tuesday, faster than an expansion of 5.05% last year.

Growth in 2025 is forecast at 6.0%, the WB said in a report.

"The economy is showing mixed signs of recovery in early 2024," it said. "While exports are recovering, consumption and private domestic investment are growing more gradually."

Reuters

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