UOB raises Vietnam's GDP forecast to 8.5% this year, driven by a stronger-than-expected first-half economy, cooling energy prices, and robust artificial intelligence (AI) momentum.
Deputy Prime Minister Nguyen Van Thang stated that Vietnam's gross domestic product (GDP) in the first half of the year recorded its highest growth in many recent terms, positioning the nation among the world's leading fast-growing economies.
Vietnam's economy remains resilient against cost pressures and external tensions, with a short-term outlook that blends positive prospects with challenges, according to UOB.
