Macro Update - Expansionary fiscal and monetary policies to drive higher growth in H2 2023
  • 2023-07-07T00:00:00
  • Macroeconomics

Vietnam’s Q2 and H1 2023 growth at the second lowest levels since 2011. According to the General Statistics Office of Vietnam (GSO), Vietnam’s GDP grew 4.14% YoY in Q2 (improving from 3.28% YoY in Q1 2023) and 3.72% YoY in H1 2023. These are the second lowest Q2 and H1 levels since 2011 (higher only than 0.34% YoY in Q2 2020 and 1.74% YoY in H1 2020 at the start of the COVID-19 pandemic).  

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