Standard Chartered has revised its forecast for Vietnam's 2026 gross domestic product (GDP) growth to 9.5 per cent, reflecting the country's strong economic momentum and the continuation of policies aimed at supporting growth.
In an economic outlook published on July 20, the bank said it expects Vietnam's growth momentum to continue into 2027, forecasting GDP growth of 11.0 per cent next year.
The bank also lowered its inflation forecast to 4.4 per cent for 2026 and 3.3 per cent for 2027, suggesting that inflationary pressures are gradually easing. It expects the central bank to keep policy interest rates unchanged to support economic growth while maintaining price stability.
Tim Leelahaphan, Senior Economist for Vietnam and Thailand at Standard Chartered, said Vietnam had demonstrated remarkable resilience and adaptability during the first half of 2026, with growth exceeding expectations.
He attributed the stronger performance to robust manufacturing, services and investment activity, supported by government policies designed to stimulate economic expansion.
Leelahaphan added that although global uncertainties and inflationary risks remain key challenges, Vietnam enters the second half of the year from a position of strength.
He said solid domestic demand, continued investment in infrastructure and manufacturing capacity, together with the country's ongoing economic transformation, are expected to support a more balanced and sustainable growth model while advancing Vietnam's long-term development objectives.
