DBS Group Analysis forecasts Vietnam’s actual GDP to develop 7.8% year-on-year in Q2 2026, matching Q1’s tempo, supported by robust electronics manufacturing, AI-driven tech demand, FDI and resilient retail spending. Headline inflation is anticipated to average to five.0% in June as transport prices ease with decrease vitality costs, permitting the central financial institution to maintain its refinancing charge regular to assist progress.
Strong progress with moderating CPI
“We anticipate Vietnam’s actual GDP to broaden by 7.8% yoy in 2Q26, remaining agency in contrast with 7.8% yoy in 1Q26.”
“Development momentum remained sturdy in 2Q26, underpinned by robust electronics manufacturing exercise and shipments, which benefitted from the worldwide know-how upcycle pushed by synthetic intelligence tailwinds, supportive international direct investments, and resilient retail spending, regardless of challenges from the Center East battle and excessive base results.”
“We anticipate headline inflation to ease to five.0% yoy in June 2026 from 5.6% yoy in Could.”
“This moderation primarily mirrored receding transport inflation because of the unwinding of world and home vitality value pressures, amid a de-escalation of Center East tensions following a US-Iran interim peace deal, whereas different elements corresponding to meals and housing remained sticky.”
“The central financial institution’s refinancing charge remained regular in 2Q26, and policymakers have room to keep up this path to assist excessive progress aims, given easing vitality costs and a steady forex, however hawkish US Fed expectations.”
(This text was created with the assistance of an Synthetic Intelligence device and reviewed by an editor.)
