Vietnam's Second Quarter Growth Reaches 8.39%, Foreign Investment Surges 61% in First Half of the Year
The General Statistics Office of Vietnam announced on Friday that despite disruptions in imports and rising fuel costs caused by the Middle East conflict, Vietnam's economic growth rate for the April to June quarter reached 8.39%. This week, the World Bank reclassified Vietnam as a "middle-high income" country.
According to AFP in Hanoi, Vietnam is one of the most dynamic economies in Asia, with plans to achieve double-digit economic growth over the next five years.
The second-quarter growth exceeded Bloomberg's expectations (previously forecast at 7%) and further accelerated from the first quarter's 7.9% growth rate.
In the first half of 2026, supported by strong performances in manufacturing and construction, the economy grew by 8.18%.
Standré Bezuidenhout of DFDL explained that Vietnam has unexpectedly proven highly effective at turning geopolitical turbulence and supply chain disruptions into investment opportunities.
He added that Vietnam "is attracting manufacturing investments, strengthening trade integration, and building a reputation as a reliable destination for capital."
In his view, Vietnam's ability to exceed expectations "amid many economies revising their growth forecasts down" indicates that the country is increasingly becoming a beneficiary rather than a victim of global uncertainty.
From January to June this year, Vietnam’s exports grew by 21% to reach $266.52 billion, while foreign direct investment surged by 61% to $34.65 billion.
This week, the World Bank adjusted Vietnam’s economic classification, reclassifying it as a "middle-high income" country.
Source: rfi
Original article: toutiao.com/article/1869758430479371/
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