Fashion
Vietnam targets GDP growth of at least 10% in 2026
The Ministry of Finance is giving the final touches to a draft resolution that lays out an initial road map to achieve these numbers.
Vietnam’s National Assembly recently approved several socio-economic targets for next year that include GDP growth of at least 10 per cent, GDP per capita of $5,400-$5,500, a rise in consumer price index of around 4.5 per cent and labour productivity gains of 8.5 per cent.
Exports are expected to rise by about 8 per cent in 2026, while retail sales of goods and services are targeted to rise by 11 per cent.
Total social investment is projected at nearly 4.93 quadrillion VND ($189 billion)—up by 18.7 per cent year on year (YoY) and equivalent to 33-33.7 per cent of GDP.
Exports are expected to rise by about 8 per cent in 2026, delivering a trade surplus of around $28 billion, while retail sales of goods and services are targeted to rise by 11 per cent, with a stretch target of 12 per cent.
Industrial hubs like Hanoi, Ho Chi Minh City, Hai Phong, Quang Ninh, Da Nang and Dong Nai are also chasing double-digit gains.
Less affluent provinces like Son La, Gia Lai, Dak Lak, Vinh Long, Dong Thap and Ca Mau are also targeting 8-per cent or better regional GDP growth, a domestic news agency reported.
The National Assembly has outlined 11 key task groups and solutions. The government has instructed relevant agencies to break these down into concrete, actionable plans under the resolution.
Core focuses include accelerating institutional reforms for greater transparency, consistency and equity in investment and business rules to unlock productive forces and pool resources; advancing a new growth model and economic restructuring; and ensuring timely delivery of strategic and critical infrastructure projects.
Fibre2Fashion News Desk (DS)
While trends in high frequency indicators for January-February 2026 appear favourable, the heightened uncertainty around the duration of the Middle East conflict casts a shadow on the near-term macroeconomic outlook for India amid high import dependency for items like crude oil, natural gas and fertilisers, it noted.
India’s FY27 GDP growth is likely to slow to 6.5 per cent from the projected 7.5 per cent in FY26 owing to the impact of higher energy prices and concerns around energy availability, ICRA Ratings said.
The heightened uncertainty around the duration of the Iran war casts a shadow on the near-term macroeconomic outlook for India.
If the conflict lasts longer, the adverse effects could widen across sectors.
If the conflict lasts for an extended period, the adverse implications of the same could widen across sectors, amid an uptick in input costs and the consequent impact on profitability of the India corporate sector.
Amid the projected uptrend in the consumer price index-based inflation in FY27 with risks tilted to the upside, ICRA Ratings expects an extended pause on the policy rates by the central bank’s monetary policy committee in the fiscal despite the anticipated softening in the GDP growth. However, it expects the Reserve Bank of India to continue to intervene on the liquidity front during FY27.
The available data for January–February FY2026 indicate a positive trend across most non-agricultural indicators, with the year-on-year performance of 12 out of 18 indicators improving compared to the third quarter of FY26, while the remaining six deteriorated.
Fibre2Fashion News Desk (DS)
Indonesia’s apparel exports rose modestly to $8.705 billion in 2025 from $8.316 billion in 2024, reflecting gradual recovery.
The US remained dominant, accounting for over 56 per cent of shipments, highlighting growing market dependence.
While Japan, South Korea and Europe offered stability, exports stayed concentrated in key products and segments.
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Methanol prices in India have surged nearly 150 per cent from pre-Iran–US tension levels, tracking a sharp rise in crude oil and tightening global energy markets.
Hormuz disruption risks, limited rerouting capacity, rising freight and insurance costs, and constrained imports are fuelling volatility, with prices seen approaching ₹90 per kg.
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