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The ASEAN+3 Financial Stability Report 2025 recently released in Singapore shows that the ASEAN region continues to maintain stable growth momentum in the context of many fluctuations in the world, in which Vietnam stands out as the fastest growing economy in the region.
According to the ASEAN+3 Macroeconomic Research Office, or AMRO, regional growth is revised up to 4.1% in 2025, thanks to recovering exports, strong domestic demand and stable inflation.
AMRO said that a solid economic foundation, a healthy banking system and abundant foreign exchange reserves help ASEAN stand firm against fluctuations from global trade policy.
"The ASEAN +3 region has shown remarkable resilience. Despite the volatility in global trade, economies still have sufficient foundations and policy space to overcome challenges," said Dr. Dong He, Chief Economist of AMRO.
Regarding Vietnam's leading growth rate in the region, AMRO said that strong exports, abundant FDI capital flows and stable domestic consumption are the main drivers, but also emphasized that Vietnam needs to diversify its markets and increase the value of domestic production for sustainable development.
"Vietnam is the star economy of ASEAN+3 with the highest growth rate. The current challenge is to diversify exports, upgrade industry and invest in infrastructure and labor skills to maintain long-term growth," said Dr. Dong He - Chief Economist of AMRO.
With a solid foundation and the right reform policy, AMRO believes that Vietnam has the ability to turn global trade challenges into long-term opportunities, continuing to affirm its position as the leading dynamic economy in ASEAN.
Source: https://vtv.vn/asean-duy-tri-tang-truong-on-dinh-giua-bien-dong-toan-cau-100251017151937802.htm
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