Vietnam's economy will grow by 6.6% this year and at a similar rate in 2024, according to a report released by the Organisation for Economic Co-operation and Development (OECD).
Vietnam’s consumer price index (CPI) increased 4.18% year-on-year in the first quarter of 2023, according to the General Statistics Office of Vietnam at the Ministry of Planning and Investment.
Vietnam’s economic picture at the end of the first quarter clearly reflects the difficulties the country is facing, with GDP growth of just 3.32% - very low for the last decade. However, data shows that the economy may recover in the second or third quarter.