United Overseas Bank (UOB) has raised its 2026 growth forecast for Viet Nam from 8.5% to 9.2%, following a stronger-than-expected performance in the first nine months of the year.

Business sentiment in Viet Nam is rebounding strongly despite a challenging operating environment marked by rising costs and growing global uncertainties, including prolonged geopolitical tensions and trade-related pressures, according to the recently released Business Outlook Study 2026 by the United Overseas Bank (UOB).

Viet Nam’s economic prospects for 2026 remain positive thanks to stable macroeconomic fundamentals and strong domestic growth drivers although global geopolitical tensions and trade policy shifts may pose new risks, analysts at United Overseas Bank (UOB) said in a recent report.

Major ASEAN economies have continued to show resilience despite the uncertain macroeconomic environment, with Viet Nam standing out as the most optimistic market in the region, according to a survey recently released by Singapore-based United Overseas Bank (UOB).

The Singapore-based United Overseas Bank (UOB) revised its forecast projection for Viet Nam’s GDP growth upward to 6.9% for 2025 from its previous projection of 6%, following the strong performance in the second quarter.