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Southeast Asia Outlook 2024: Opportunity Beckons

Southeast Asia foresees strong economic growth in 2024, with most major economies expected to accelerate despite challenges like inflation and geopolitical tensions. Easing inflation and increased investments are poised to further support growth.


Our latest paper explores the promising growth prospects of Southeast Asia (SEA) in 2024. Forecasted to expand by 4.6%, SEA's economy is on an upward trajectory, outpacing the previous year's growth rate of 4.0%.

Vietnam achieved a GDP growth of 5.1% in 2023 and aims for 6.0 – 6.5% in 2024, with a focus on lowering interest rates while balancing inflationary pressure and economic growth. Continuing to benefit from an ongoing China + 1 strategy, Vietnam witnessed healthy inbound investments, with foreign direct investment rising to USD 36.6 billion in 2023, marking a 32.1% year-on-year increase. This growth was largely driven by investments in the manufacturing (64%) and real estate (13%) sectors.

View the report to learn more.

 
 
 

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Contact Us

To discuss the latest SEA Outlook, please reach out to our experts below.
Trang Bui 

Trang Bui

Executive Director (General Manager and Head of Transactions),
Vietnam

Cuc Le 

Cuc Le

Director, Head of Advisory Services, Vietnam,
Vietnam

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