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Thursday, December 4, 2025

OECD raises Vietnam’s 2026 GDP growth forecast to 6.2%

By Thu Tra

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HCMC – The Organization for Economic Co-operation and Development (OECD) has revised its global economic outlook, with Vietnam’s GDP growth forecast revised up to 6.2% for 2026 and 5.8% for 2027.

The 2026 projection was upgraded by 0.2 percentage point from the OECD’s June report. The organization said the upward adjustment reflects Vietnam’s continued macroeconomic stability despite heightened uncertainty in global trade. Vietnam’s economy posted strong performance in 2025, with third-quarter GDP expanding 8.2% year-on-year, according to the Vietnam News Agency.

Key growth drivers included final consumption, fixed asset investment, and exports of goods and services. The labor market also remained robust, with the unemployment rate at 2.2% since the third quarter of 2024 — the lowest level on record. Labor force participation continued to rise, indicating stable and expanding employment conditions.

However, the OECD cautioned that external demand is expected to weaken next year, posing pressure on exports, one of Vietnam’s main growth pillars. As a highly open economy, Vietnam remains vulnerable to shifts in global economic policy.

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