# Vietnam forecast to see slow growth, more rate cuts in Q3: UOB

> UOB forecasts slow Vietnamese GDP growth in Q3 2023, dragged by weak exports and manufacturing, and says the central bank may cut rates further. The bank keeps its full-year 2023 forecast at 5.2%.

- Date: 2023-09-28 · published 2023-09-28T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/34419-vietnam-forecast-to-see-slow-growth-more-rate-cuts-in-q3-uob
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Weak domestic demand and possible rate cuts have limited direct effect on feed commodity prices, though softer manufacturing reduces demand for feed inputs.

## Sources

- theinvestor.vn: https://theinvestor.vn/vietnam-forecast-to-see-slow-growth-more-rate-cuts-in-q3-uob-d6790.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
