Vietnam’s consumer spending is expected to remain strong in 2026, buoyed by rising household incomes, robust tourism and stable inflation, even as global trade headwinds threaten to slow overall economic growth, according to a new report from BMI, a Fitch Solutions company.

VOV.VN - Sales of passenger electric vehicles (EVs) in the nation are expected to at least double this year, with the figure being given in a report published recently by BMI Country Risk & Industry Research, a research unit of Fitch Solutions.

Strong rice export demand coupled with waning supplies have caused prices to surge in the market since the beginning of 2023.

VOV.VN - With pork consumption expected to rise in the short term, several big companies are injecting trillions of VND into pig farming, with the market value estimated to be up to US$15 billion.

VOV.VN - The General Statistics Office (GSO) reports that Vietnam’s economy in the first eight months of this year has gradually regained the growth rate it enjoyed before the pandemic.

Vietnam’s tourism sector is set to witness strong growth in the next five years, with international tourism arrivals expected to surpass pre-pandemic levels in 2024, according to The Business Times of Singapore.

Despite complicated developments of the COVID-19 pandemic, Vietnam is still chosen by many foreign investors as a destination to build production bases, especially in the electronics industry, according to Fitch Solutions.

VOV.VN - The Vietnamese economy looks set to grow by 6.5% annually over the next decade as the Government is making every effort to diversify its export markets whilst undertaking projects aimed at improving infrastructure, according to predictions made by Fitch Solutions.

Real estate sales will be another key driver of credit growth, as apartment supply and sales are likely to pick up in 2021.

The rate is even higher than the 7.1% year-on-year growth from a pre-COVID-19 environment in 2019.