Hanoi, Oct. 31 -- In its latest report, the bank has also raised Viet Nam's growth forecast for 2028 from 6.7 percent to 9.1 percent, noting that growth will remain in double digits in early 2027.
Tim Leelahaphan, Senior Economist for Viet Nam and Thailand at Standard Chartered highlighted Viet Nam's strong commitment to driving growth in 2027, which supports the outlook for domestic consumption and investment.
Strengthening foreign exchange reserves could help reinforce Viet Nam's position and increase domestic liquidity, which would continue to support the domestic interest rate market and stabilize funding costs, he noted.
The Southeast Asian nation's foreign exchange reserves currently stand at approximately US$83 billion, according ...