HANOI, Oct. 28 (Xinhua) -- Vietnam's gross domestic product (GDP) is expected to expand 7.9 percent in 2025, local media VNExpress reported Tuesday, citing the Hong Kong and Shanghai Banking Corporation (HSBC).
The 2025 growth forecast marks a sharp upward revision from the bank's previous projection of 6.6 percent, following Vietnam's third-quarter GDP growth of 8.23 percent, which outpaced market expectations of 7.2 percent.
HSBC also revised its inflation forecast for Vietnam slightly upward to 3.3 percent in 2025 and 3.5 percent in 2026, noting that inflation remains under control.
It also noted that Vietnam's economy is on a strong growth momentum, supported by improving retail revenue, a recovering tourism sector, and large-scale infrastructure projects.
Meanwhile, the country has the potential for further growth if public investment disbursement accelerates, according to HSBC's projection.
