Vietnam Outlook – Jul24
Posted:10/07/2024
- The 2Q24 GDP surprisingly grew 6.9% yoy which prompted us to upgrade our 2024 GDP forecasts to 6.5% from previous 6.3%.
- Exports accelerated 10.5% in Jun while PMI stayed above 50-point level for three months in a row.
- Inflation risk is tilted toward the upside with 4.3% in Jun, and 4.08% for 1H24.
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