News · VnExpress

IMF Expert: Vietnam Needs to Improve Productivity and Data

Fazurin Jamaludin, IMF Resident Representative in Vietnam and Laos, expects global growth in 2027 to be slightly better than in 2026, under a baseline scenario where the Strait of Hormuz stays closed until March next year. Vietnam is exposed to energy shocks but also stands to benefit from AI, so it needs to prepare its legal framework, energy infrastructure and human resources. Over the long term, the IMF says Vietnam and Ho Chi Minh City should prioritize 3 structural issues, the most notable being a recent downward trend in total factor productivity (TFP). Data collection and provision also lag behind rapid growth, making it harder for investors to assess Vietnam's potential. The IMF projects Vietnam's 2026 GDP growth at 8.2%, while official statistics show 9.01% growth in the first 9 months and the government targets 10% for the full year.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Chuyên gia IMF: Việt Nam cần cải thiện năng suất và dữ liệu

Read the original on VnExpress ↗

Keywords

IMFGDP growthVietnamStrait of Hormuz

Open a keyword to see other news on the same topic.

Related tickers and likely impact

VNINDEX

• Neutral

Relevance: low

MarketVietnam stocks
Close on 10/26/20261,763.55
Change that session-0.60%
VNINDEX price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

  • IMF Raises Global Growth Forecast

    On October 13, the IMF raised its global growth forecast for this year to 3.1%, up from 3% in July but below last year's 3.5%, while keeping its 2027 forecast at 3.4% and this year's inflation outlook at 4.7%. The agency said AI-related investment has partly offset the energy shock and trade tensions, though buffers such as fuel diversification and stock releases will be used up quickly. It expects the Strait of Hormuz to reopen in March 2027, while Gulf crude exports in September reached 88% of pre-conflict levels. Growth is uneven: 32 economies account for 95% of global growth, with Taiwan forecast at 10.7%, the US at 2.3%, the euro area at 1.1% and China at 4.5%. The IMF urged central banks to tighten enough to bring inflation back to target while preserving their independence.

    VnExpress·IMFGDP growthinflation
  • CNBC's The China Connection newsletter: The 'cliff' beneath China's cities

    The IMF has urged Beijing to spend more as growth is expected to slow to 4.5% this year and 4% in 2027, while augmented government debt reached about 126.6% of GDP last year. The pressure is mostly at local level, where land-sale income has more than halved since 2021 to 4.2 trillion yuan (about $590 billion), and combined fiscal spending fell 3.5% in the first eight months of the year. Nomura's Ting Lu calls this a 'true fiscal cliff', with urban fixed-asset investment down 7.2% in the first three quarters after a 3.8% fall last year. Beijing kept its official deficit target at about 4% of GDP, while the Institute of International Finance estimates the actual deficit could reach 9%. Hidden debt in local government financing vehicles fell to 6.5 trillion yuan last year from 14.3 trillion yuan in 2023, but many still lack cash flow to pay interest.

    CNBC·Chinapublic debtpublic spending
  • Growth under pressure: aviation's new test is capacity discipline

    The IMF expects global GDP growth to improve from 3.1% in 2026 to 3.4% in 2027, but inflation, geopolitical uncertainty and uneven economic performance are weakening the foundations of airline growth plans. US consumer confidence has fallen toward historic lows amid living costs, borrowing expenses and higher fares, and travel intentions are weakening in some long-haul markets. According to CAPA and OAG data, global scheduled capacity grew only 0.7% year on year in the week to 19-Oct-2026, with airlines quietly trimming forward schedules even as aircraft deliveries increase. The article argues that the competitive edge may go to carriers that adapt early, keep financial headroom and expand only when conditions genuinely support it.

    centreforaviation.com·GDP growthaviationIMF
  • IMF forecasts UAE economic growth of 7 . 7 % in 2027

    The IMF projects the UAE economy will grow 7.7% in 2027, 2.4 percentage points higher than its April forecast, citing the country's substantial financial buffers, advanced infrastructure and technological capabilities. The projection was presented at a press conference organised by the Dubai International Financial Centre (DIFC) with the IMF, where Jihad Azour, Director of the IMF's Middle East and Central Asia Department, presented findings from the October 2026 Regional Economic Outlook. The report says continued AI investment could add about 0.5 percentage points to the UAE's annual growth, while AI adoption could lift growth across the Middle East and Central Asia by 0.1 to 0.6 percentage points over the medium term. It also projects average inflation across GCC countries falling to 2.4% in 2027 and about 2% from 2028. The IMF has approved about US$48 billion in financing for the region since 2020.

    bangladeshsun.com·UAEIMFGDP growth
  • India needs to focus on securing strong, durable growth with more reforms, says IMF top official

    IMF official Srinivasan said India needs to secure strong, durable growth through more reforms, including factor market reforms for land and labour and measures to attract more foreign direct investment and improve the business climate. He noted that labour and land reforms remain outstanding issues and that India still has many tariff and non-tariff trade barriers. The IMF's World Economic Outlook raised India's GDP growth forecast for FY27 to 7% from the 6.4% projected in July, and projects India to overtake Japan as the fourth largest economy in 2027. He also cited downside risks, including a prolonged energy price shock, tighter monetary policy amid rising inflation, an adjustment in the AI cycle and El Nino.

    businesstoday.in·IndiaIMFGDP growth
  • IMF Forecasts Double-Digit 2026 GDP Contractions in Four Oil Exporters

    The IMF's October World Economic Outlook projects real GDP in 2026 to fall 16.7% in Kuwait, 16.0% in Iraq, 15.6% in Qatar and 11.3% in Bahrain, tied to interruptions in energy production and transport. These are full-year projections rather than recorded results, and they are much deeper than the IMF's April forecasts of contractions of 0.6% in Kuwait, 6.8% in Iraq, 8.6% in Qatar and 0.5% in Bahrain. The fund links the shock to lower oil and gas exports, damage to energy facilities, reduced trade and weaker business confidence caused by the conflict. For 2027, the IMF expects strong rebounds of 19.0% in Iraq, 18.8% in Qatar, 17.1% in Kuwait and 13.9% in Bahrain, based on a recovery in output, exports and transport capacity.

    econotimes.com·▲ XAU/USDoil pricesGDP growthIMF

Related markets

Vietnam stocks →

Latest news

  • We're adding a new, high-profile AI play to our Bullpen stocks to watch list

    The article proposes adding SpaceX, founded by Elon Musk in 2002, to the Bullpen stocks-to-watch list. The company went public in June at $135 per share, opened at $150, peaked near $226, fell to about $105 in early August, and rebounded to the $140s. Its S-1 filing estimates a total addressable market of $28.5 trillion: $370 billion for Space, $1.6 trillion for Connectivity and $26.5 trillion for SI, formerly called AI. SI is the fastest-growing segment, with third-quarter revenue of $7.56 billion, up from $2.56 billion in the second quarter and $813 million a year earlier, while Anthropic's S-1 shows it has agreed to spend up to $120.5 billion on SpaceX compute over coming years. Starlink, the most profitable segment with $2.37 billion in third-quarter operating profit, added 1.6 million consumer subscribers, bringing its global base to just under 14 million, and SpaceX is expected to earn 32 cents per share in calendar 2026.

    CNBC·SpaceXIPOElon Musk
  • Fed Holds Rates, but Two Officials Push for Hike as Polymarket December Odds Hit 82%

    The Fed held rates at 3.75%–4.00% in a 10–2 vote, with Governor Lisa Cook and Cleveland Fed President Beth Hammack favoring a 25-basis-point increase; it was Cook's first dissent since joining the Fed in 2022. On Polymarket, the odds of a 25-basis-point hike in December rose to 82% from about 77% before the announcement, with more than $5.3 million in trading volume. Despite a weak September jobs report showing only 29,000 jobs added, the Fed said job gains kept pace with the workforce and unemployment changed little. Truflation forecasts September PCE inflation at 3.6% year over year, up from 3.4% in August, as gasoline and other energy goods rose 33.7% amid surging oil prices tied to the Iran war. The official PCE report and third-quarter GDP are due Thursday.

    Yahoo Finance·
  • 3 Reasons Micron Stock Could Keep Climbing From Here

    Micron shares are up 218% this year but have fallen 27% since hitting an all-time high in June, and the author views the recent dip as an opportunity for long-term investors. In fiscal Q4 2026, ended Sept. 3, revenue rose 379% year over year to $54.23 billion, GAAP gross margin reached 86.8% versus 44.7% a year earlier, and net income jumped 1077.8% to $37.7 billion. Guidance points to about $61.5 billion in revenue for fiscal Q1 2027 at the midpoint, up roughly 351%. The author notes some estimates see the memory chip shortage easing only around 2029, and considers the 5.05 forward P/E reasonable. Assuming EPS compounds at 12% a year over five years with the P/E unchanged, the cumulative return would be about 76%.

    Yahoo Finance·Micronsemiconductorsearnings
  • Chip Earnings Power Averages Higher as Nasdaq Volatility Cools Midweek

    Over the week's three sessions, the S&P 500 rose 1.51% and the Nasdaq Composite gained 1.98%, helped by semiconductor and tech earnings, while the Dow added 0.62% to 52,536.29. The VXN Nasdaq volatility gauge fell 3.51 points to 24.79 and the VIX eased to 17.31, while WTI crude jumped 3.47% to $103.37 a barrel. Texas Instruments reported third-quarter revenue of $6.06 billion, up 28%, and EPS of $2.62; IBM posted revenue of $17.1 billion, up 5%, and EPS of $2.31. Meta Platforms reported revenue of $64.60 billion, up 26%, but the quarter included a $9.89 billion charge tied to an agreement with 52 attorneys general over teen mental health and social media litigation. Bank of America, Blackstone, Citi and Morgan Stanley announced a $63 billion financing structure for AI compute for Anthropic using Broadcom's technology, with deliveries starting in calendar 2027.

    Yahoo Finance·Nasdaqsemiconductorsoil prices
  • Meet the Dividend King That's Quietly Crushing the S&P 500 in 2026. Here's Why It's a Buy in November.

    Target (TGT) shares have jumped 51% so far in 2026 after years of decline, and the stock is still down more than 40% over five years. The retailer has raised its dividend for 55 consecutive years, one of just 33 companies at that mark or longer, and its current yield is 3.1%. Under new CEO Michael Fiddelke, revenue has stopped falling after three years of declines, and sales guidance was lifted from 2% to 4% in May and to 5% this summer. Target reports fiscal third-quarter results on the morning of Nov. 18 and expects annual EPS of $9.90 to $10.90, about 14 times the midpoint of that range. The author argues the valuation remains reasonable and that there is room for another dividend increase next summer.

    Yahoo Finance·dividendsvaluationretail
  • Seagate Just Raised Its Dividend. The 0.5% Yield Tells You Everything About This Stock's Run

    Seagate raised its quarterly dividend 2.7% to $0.76 per share, but the forward yield is only about 0.5% at $624.20 as the share price outpaces the payout. The yield was about 1.26% a year ago, and shares are up 172.63% over the past year and 127.42% year to date. Rising margins on Mozaic drives drove the rally, with non-GAAP gross margin at a record 57.8% in the latest quarter, revenue of $4.23 billion up 61.0%, and non-GAAP EPS of $7.68 beating the $7.40 consensus. Management plans to focus on share buybacks, with $4.4 billion left on its authorization, while noting that hard drive demand is cyclical and the stock has fallen 31.92% over the past month. Guidance calls for December-quarter revenue of $4.80 billion and non-GAAP EPS of $9.20.

    Yahoo Finance·Seagatedividendsdata centers

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.