WB Division Director for Viet Nam, Cambodia, and Laos Mariam J. Sherman at the launching ceremony, Ha Noi, September 8, 2025 - Photo: VGP
The bank noted that Viet Nam's economic growth in the first half was one of the fastest rates in the region, reflecting strong momentum despite continued global uncertainties.
The report said the strong momentum provides a solid basis for Viet Nam to achieve its growth target for the whole year, even as the global economy continues to face geopolitical and trade challenges.
Viet Nam is currently the fastest-growing economy in the region, outpacing countries such as Indonesia, Malaysia and Thailand. Exports have been the main driver, spurring manufacturing, logistics and transport services, shared WB economist for Viet Nam Sacha Dray.
The WB forecasts Viet Nam's GDP growth at 6.1 percent in 2026 and rebounding to 6.5 percent in 2027.
As an export-oriented economy, the Southeast Asian nation remains vulnerable to slower global growth and softening demand from major trading partners. Trade policy uncertainties may also begin to weigh on business and consumer confidence. Despite challenges, Viet Nam remains appealing as a competitive manufacturing base.
WB Division Director for Viet Nam, Cambodia, and Laos Mariam J. Sherman noted that with low public debt, Viet Nam has ample fiscal headroom to respond to external uncertainties.
To sustain growth and mitigate risks, the bank recommended Viet Nam continue scaling up public investment, ensuring strict oversight of financial-sector risks, and accelerating structural reforms.
The special focus of this edition, titled "Nurturing Viet Nam's High‑Tech Talents" highlights the need to build a skilled talent base that can support and accelerate the country's innovation ecosystem and its goal of high‑income status by 2045.
According to the WB, Viet Nam will require not only a broad and growing pipeline of young STEM graduates, but also a stronger core of experts who lead research, run laboratories, and turn ideas into market-ready products./.