AMRO Upgrades Vietnam's 2023 Growth Forecast to 4.7% Amid Regional Headwinds

AMRO revised Vietnam's 2023 GDP growth forecast up to 4.7% from 4.4% amid regional challenges.

Only 3 ASEAN+3 economies saw upward revisions - Vietnam, Japan, and Brunei.

China's weaker growth is a concern as a major trading partner, impacting regional trade, tourism, and investment.

AMRO sees Vietnam's 2024 GDP growth at 6%, but 2023 forecast is below other organizations.

Vietnam faces challenges hitting 6.5% growth target for 2023 despite government measures.