Standard Chartered raised Vietnam’s GDP forecast to 7.5% in 2025

Standard Chartered Bank has upgraded Vietnam’s growth outlook, projecting GDP to expand by 7.5 per cent in 2025 (previously 6.1 per cent) and 7.2 per cent in 2026 (previously 6.2 per cent). Inflation expectations have been slightly adjusted to 3.4 per cent for 2025 and 3.7 per cent for 2026, supported by solid economic momentum and easing price pressures.

In September 2025, exports totalled $42.7 billion, up 24.7 per cent year-on-year (YoY), while imports increased 24.9 per cent to $39.8 billion. Vietnam continues to strengthen its position in global supply chains, driven by strong trade activity and participation in multiple free trade agreements (FTAs), said Vietnamese media reports citing Standard Chartered Bank’s latest macroeconomic update on Vietnam.

Credit growth surged beyond 15 per cent YoY. Meanwhile, disbursed Foreign direct investment (FDI) climbed 8.5 per cent YoY to $18.8 billion and pledged FDI rising 15.2 per cent to $28.5 billion during the first nine months of 2025.

Standard Chartered has lifted Vietnam’s 2025 GDP growth forecast to 7.5 per cent (from 6.1 per cent) and 2026 to 7.2 per cent (from 6.2 per cent), citing strong momentum and easing inflation.
Exports surged 24.7 per cent YoY in September 2025, while FDI and credit growth also strengthened.
The bank highlighted Vietnam’s growing role in global supply chains and resilient economic performance.

“Vietnam’s resilience and adaptability are evidenced by its successful attraction of strong FDI and robust export growth, solidifying its strategic role in global supply chain diversification and pointing to strong prospects for continued economic expansion,” said Tim Leelahaphan, senior economist for Vietnam and Thailand at Standard Chartered Bank.

Fibre2Fashion News Desk (SG)