The Asian Development Bank (ADB) has lowered Vietnam’s 2023 GDP growth forecast from 6.5% to 5.8% due to potential export impacts from the global economic deceleration. The 2024 prediction is also down from 6.8% to 6%. ADB anticipates a slight dip in Vietnam’s 2023 inflation, forecasting 3.8% for 2023 and 4.0% for 2024. Public investment is expected to drive 2023 growth, but the ADB notes potential vulnerabilities in the corporate bond and real estate sectors.