HSBC projects Vietnam's GDP to grow 6.7% in 2026

The country’s export performance this year is expected to be backed by its rising market share in global trade, the bank said.

Demand linked to artificial intelligence (AI) and semiconductors is expected to help cushion Vietnam from a broader global trade slowdown.

Infrastructure spending is also expected to remain a key growth driver and inflation is projected to remain largely benign at around 3.5 per cent this year, domestic media outlets reported citing an HSBC report.

The 14th National Congress of the Communist Party of Vietnam is scheduled from January 19 to 25. However, HSBC expects economic policy to remain consistent regardless of leadership changes.

The country’s National Assembly has approved a growth target of at least 10 per cent this year, with GDP per capita projected at $5,400-5,500.

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