Vietnam Projected for Highest GDP Growth Among SEA-6 Group in Next Decade

SOCIALIST REPUBLIC OF VIET NAM Government News Thuy Dung SEA-6, including Indonesia, Malaysia, the Philippines, Singapore, Thailand and Viet Nam, are projected to grow by an average of 4.8 percent annually between 2026 and 2035. The report noted that the SEA-6's growth will be supported by sustained foreign investment and capital formation, continued industrialization and infrastructure development, as well as productivity gains from technology adoption. Resilient domestic consumption and favorable demographics in several of the larger economies will provide further impetus. It highlighted that Viet Nam grew by 7.5 percent over the two-year period. Singapore, Malaysia and Vietnam outperformed the regional average, supported by AI-linked semiconductor demand, manufacturing exports and investment momentum. Viet Nam's economic growth is supported by FDI attractiveness and capacity to address constraints. Unlike other SEA-6 economies, Viet Nam captures FDI from both U.S.- and Chinese-aligned supply chains, it emphasized. Viet Nam's economy expanded by 8.18 percent in the first six months of 2026, marking a significant acceleration from the 7.63 percent growth recorded in the same period last year, the National Statistics Office announced. GDP grew by an estimated 8.39 percent year-on-year in the second quarter, reflecting broad-based momentum across the economy. This is the highest Q2 growth rate since 2011. In 2026, the Vietnamese Government set a double-digit growth target, striving for GDP growth of at least 10 percent./. ONLINE NEWSPAPER OF THE GOVERNMENT OF THE SOCIALIST REPUBLIC OF VIET NAM Editor-in-chief: Nguyen Hong Sam License: No. 102/GP-BTTTT dated on April 15, 2024. Head office: No. 16, Le Hong Phong - Ba Dinh - Ha Noi Tel: 080 43162 – 080 48440; Fax: 080 48924 Email: [email protected]