Viet Nam: Economy | Asian Development Bank

Viet Nam: Economy

Economic growth in 2017 is now expected to come in at 6.3%, marginally lower than forecast in the Asian Development Outlook 2017. GDP expanded at 5.7% in the first half of 2017, marginally higher than in the first half of 2016. Inflation is projected slightly higher than foreseen in April, and the current account surplus is likely to shrink faster than earlier envisaged. Read more from Asian Development Outlook 2017 Update


Economic forecasts for Southeast Asian countries

Country 2017f 2018f
Brunei Darussalam 0.0 1.0
Cambodia 7.1 7.1
Indonesia 5.1 5.3
Lao People’s Democratic Republic 6.9 7.0
Malaysia 5.4 5.4
Myanmar 7.7 8.0
Philippines 6.5 6.7
Singapore 2.7 2.7
Thailand 3.5 3.6
Viet Nam 6.3 6.5
Average 5.0 5.1
Country 2017f 2018f
Brunei Darussalam –0.3 0.1
Cambodia 3.0 3.2
Indonesia 4.0 3.7
Lao People’s Democratic Republic 1.5 1.5
Malaysia 3.7 2.7
Myanmar 7.0 7.5
Philippines 3.2 3.5
Singapore 1.0 1.5
Thailand 0.7 1.5
Viet Nam 4.5 5.5
Average 3.1 3.1
Country 2017f 2018f
Brunei Darussalam 6.0 6.5
Cambodia –9.7 –9.3
Indonesia –1.7 –2.0
Lao People’s Democratic Republic –17.5 –19.0
Malaysia 2.4 2.4
Myanmar –8.0 –8.0
Philippines 0.2 0.5
Singapore 19.5 19.8
Thailand 8.5 6.5
Viet Nam 1.0 2.0
Average 3.0 2.8

f = forecast number.

Source: Asian Development Outlook 2017 Update