IMF maintains 4.7% GDP growth projection for Vietnam in 2023

Posted on October 20, 2023   |  

Vietnam's exports are experiencing a downturn in 2023, but the country's economy remains resilient.

Economic growth in the Asia-Pacific region is expected to rise to 4.6% in 2023, up from 3.9% in 2022, outperforming the global average of 3%. 

However, there might be a slowdown to 4.2% in 2024.

The global economic outlook depends on improvements in the US economy, but it also faces challenges, including a real estate crisis in China, tighter regulations in many countries, tensions between Russia and Ukraine, and increased divisions in the global economy.