HSBC forecasts Vietnam 2025 GDP growth at 6.5%, inflation at 3.0%

HANOI: Vietnam’s gross domestic product is forecast to grow 6.5% this year, compared with 7.09% last year, with inflation expected to ease to 3.0% in 2025 from 3.6% in 2024, HSBC said on Monday.

It warned that the tariff policies from the incoming US administration remains risks for trade-reliant Vietnam.

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“There remains a large degree of uncertainty as to how the exact tariff policies will pan out, but Vietnam’s booming trade surplus and high export exposure to the US may generate unwanted attention,” it said.