Vietnam's economy is predicted to grow strong in the next two years. (Photo: VNA)Hanoi (VNA) – The World Bank forecasts that Vietnam’s economy will grow 4.7% in 2023, and accelerate to 5.5% in 2024 and 6.0% in 2025. The bank made the prediction in its latest economic update entitled “Making Public Investment Work for Growth” released on August 10. The report said Vietnam’s economic growth slowed from 8% in 2022 to 3.7% in the first half of 2023, noting that a challenging external environment and weaker domestic demand is leading to a slowdown in economic growth in Vietnam. The report’s special chapter studies Vietnam’s public investment management and how it can contribute to the goal of climbing the income ladder.
