The fibre2fashion website cites HSBC's analysis as saying that, after a challenging first quarter, Vietnam's economic outlook gradually became more positive, showing consistent recovery throughout 2024. HSBC maintains its growth forecast for Vietnam in 2025 at 6.5%.
According to the HSBC, Vietnam's economic recovery extends beyond the consumer electronics sector to various other industries. Domestic consumption is gradually improving, while manufacturing and trade continue to lead the nation's economic rebound. However, there are still concerns about the potential impacts of Typhoon Yagi on growth.
Vietnam remains a magnet for foreign direct investment, thanks to its generally positive outlook. HSBC observes that, investors remain committed to supporting the country in expanding its production capacity.
A total of 21.68 billion USD was disbursed in 2024, up 7.1% compared to 2023. This represents the third consecutive year that Vietnam's FDI disbursement has surpassed 20 billion USD./.
