Vietnam Outlook – Dec2024

Posted:13/12/2024

  • Manufacturing and export growth trajectories are still on track, though at a softer pace.
  • After 2 months of stagnation, deposit rates appear to be on the rise again in Nov, and they are expected to inch up slightly by 20 bps toward the year-end.
  • We expect the economy to expand by 7.0% – 7.1% yoy in 2024, despite a manufacturing speedbump.
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