Vietnam is expected to remain the region’s fastest-growing economy while Thailand is projected to record slower growth than its regional peers.
The report said growth would be driven by foreign investment, industrialization, infrastructure development and productivity gains from technology adoption. Stable domestic consumption and favorable demographics in several economies are also expected to support growth.
However, growth prospects vary across the region, with institutional strength, energy security and technological readiness shaping countries’ ability to withstand economic shocks.
Indonesia, the Philippines and Thailand may face greater risks under a downside scenario. Meanwhile, Malaysia, Singapore and Vietnam could benefit more from favourable conditions.
