Vietnam among fastest growing economies in ASEAN, analysts say

(VOVWORLD) - Multiple international organizations and media outlets gave positive assessments of Vietnam’s economic prospects in February.

According to Investing.com, citing data from S&P Global, Vietnam’s manufacturing sector began 2026 with strong growth momentum, with both output and new orders increasing. Continuing the recovery seen at the end of 2025, the sector is considered well positioned to maintain growth this year.

Foreign direct investment (FDI) in Vietnam is shifting toward higher quality and a greater focus on high tech, green industries, renewable energy, and the digital economy.

Meanwhile, the ASEAN+3 Macroeconomic Research Office predicts that Vietnam will remain one of the fastest growing economies in the region. The outlook is supported by Vietnam’s role in global supply chains, its ability to attract FDI, and the growth of high tech exports.

Seeking Alpha notes that Vietnam has emerged as one of the fastest growing economies in ASEAN, driven mainly by manufacturing and exports. The shift towards electronics and machinery industries has strengthened Vietnam’s position in the global value chain.

FTSE Russell’s planned upgrade of the Vietnamese stock market to emerging market status in 2026 is expected to attract additional international capital.

According to the Growth Lab at Harvard’s Kennedy School in the US, Vietnam could become one of the world’s leading economies in terms of GDP per capita growth over the next decade, supported by its increasingly diversified manufacturing capabilities.

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