Business

Vietnam 2026 Economic Growth to Slow to 6.8% Says World Bank
By Reuters | 15 May, 2026

The slowdown from last year's 8% growth is attributed to inflationary pressures from the Iran conflict.

Vietnam's economic growth is expected to slow to 6.8% this year from an expansion of 8% last year, the World Bank said on Friday.

The country's outlook remains solid but risks remain elevated in the near term, the bank said in a statement.

• "Softer global conditions are making Vietnam's external environment more challenging, with the oil shock adding to the downside risks," WB director for Vietnam, Mariam J. Sherman, said.

• Vietnam targets annual GDP growth of at least 10% for this year and the rest of the decade.

• The country is facing inflationary pressures triggered by the Iran war, leaving April inflation higher than the government's target of 4.5%.

(Reporting by Khanh Vu; Editing by David Stanway)