External broker reports(aggregated public sources), Vietcap

Vietcap

We specialize in consulting both individual and institutional clients, providing them with effective financial solutions that are tailored to their specific needs.

External broker reports(aggregated public sources)

Macroeconomics

<ul><li>Macroeconomic outlook. GDP growth of 6.8% through 9M 2024 exceeded our expectations at the start of the year, led by recoveries in exports, inbound tourism and foreign direct investment, and we upgraded our 2024F GDP growth forecast to 6.9% in October.</li><li>Despite the risks to external trade if incoming US President Donald Trump raises import tariffs in 2025, we raise our 2025F GDP growth forecasts from 6.8% to 7.2% in anticipation of more supportive fiscal policy in Vietnam, following the recent announcement of a 30% increase in the 2025F public investment plan.</li><li>We forecast 7.5% GDP growth in each of 2026F and 2027F, led by further expansionary fiscal policy and ongoing recovery in the real estate sector and consumption. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Macroeconomic outlook. GDP growth of 6.8% through 9M 2024 exceeded our expectations at the start of the year, led by recoveries in exports, inbound tourism and foreign direct investment, and we upgraded our 2024F GDP growth forecast to 6.9% in October.Despite the risks to external trade if incoming US President Donald Trump raises import tariffs in 2025, we raise our 2025F GDP growth forecasts from 6.8% to 7.2% in anticipation of more supportive fiscal policy in Vietnam, following the recent announcement of a 30% increase in the 2025F public investment plan.We forecast 7.5% GDP growth in each of 2026F and 2027F, led by further expansionary fiscal policy and ongoing recovery in the real estate sector and consumption.  Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Vietnam Strategy 2025 - Three themes for 2025