{"id":64095,"date":"2026-07-01T22:38:17","date_gmt":"2026-07-02T02:38:17","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/vietnam-eyes-10-growth-amid-global-risks-ubs-slashes-oil-forecasts\/64095\/"},"modified":"2026-07-01T22:38:17","modified_gmt":"2026-07-02T02:38:17","slug":"vietnam-eyes-10-growth-amid-global-risks-ubs-slashes-oil-forecasts","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/vietnam-eyes-10-growth-amid-global-risks-ubs-slashes-oil-forecasts\/64095\/","title":{"rendered":"Vietnam Eyes 10% Growth Amid Global Risks; UBS Slashes Oil Forecasts"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/vietnam-eyes-10-growth-amid-global-risks-ubs-slashes-oil-forecasts\/64095\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/vietnam-eyes-10-growth-amid-global-risks-ubs-slashes-oil-forecasts\/64095\/#Vietnams_Aggressive_Growth_Goals_Face_Macro_Headwinds\" >Vietnam\u2019s Aggressive Growth Goals Face Macro Headwinds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/vietnam-eyes-10-growth-amid-global-risks-ubs-slashes-oil-forecasts\/64095\/#Energy_Markets_UBS_Resets_Oil_Outlook\" >Energy Markets: UBS Resets Oil Outlook<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/vietnam-eyes-10-growth-amid-global-risks-ubs-slashes-oil-forecasts\/64095\/#Activist_Activity_Elliott_vs_Northern_Star_Resources\" >Activist Activity: Elliott vs. Northern Star Resources<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/vietnam-eyes-10-growth-amid-global-risks-ubs-slashes-oil-forecasts\/64095\/#US_Domestic_Trends_Housing_and_Education\" >U.S. Domestic Trends: Housing and Education<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/vietnam-eyes-10-growth-amid-global-risks-ubs-slashes-oil-forecasts\/64095\/#Defense_and_Technology_Drone_Deterrence_in_Taiwan\" >Defense and Technology: Drone Deterrence in Taiwan<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Vietnam targets ambitious 10% GDP growth<\/strong> for the 2026-2030 period, even as the central bank warns of mounting <strong>inflationary pressures<\/strong> and <strong>USD-driven currency strain<\/strong>.<\/li>\n<li><strong>UBS Group cuts Brent crude forecasts<\/strong> to <strong>$84 per barrel<\/strong> for 2026 (down from $93) as energy flows through the <strong>Strait of Hormuz<\/strong> recover faster than anticipated following regional de-escalation.<\/li>\n<li><strong>Elliott Investment Management<\/strong> maintains pressure on <strong>Northern Star Resources (<a href=\"\/stock\/NST\">NST<\/a>)<\/strong> for a strategic review despite the <a href=\"https:\/\/stockmarketwatch.com\/metal\/gold\" data-internallinksmanager029f6b8e52c=\"4\" title=\"gold price today\">gold<\/a> miner appointing a new CEO and Chairman.<\/li>\n<li><strong>U.S. housing affordability<\/strong> has hit a generational low, with <strong>75% of homes<\/strong> now priced beyond the reach of typical households earning <strong>$80,000 per year<\/strong>.<\/li>\n<li><strong>The &quot;Enrollment Cliff&quot;<\/strong> is officially impacting U.S. higher education, as the number of high school graduates begins a projected <strong>13% decline<\/strong> through 2041 due to post-2008 birth rate slumps.<\/li>\n<\/ul>\n<hr>\n<h2><span class=\"ez-toc-section\" id=\"Vietnams_Aggressive_Growth_Goals_Face_Macro_Headwinds\"><\/span>Vietnam\u2019s Aggressive Growth Goals Face Macro Headwinds<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>State Bank of Vietnam (SBV)<\/strong> is navigating a complex balancing act as the government sets a target of <strong>at least 10% economic growth<\/strong> for 2026. While the central bank official stated that <strong>banking system NPLs remain contained<\/strong>, they flagged rising <strong>liquidity pressures<\/strong> and global risks as significant hurdles for policy management.<\/p>\n<p>The <strong>Vietnamese Dong<\/strong> continues to face downward pressure due to <strong>persistent USD strength<\/strong>, although the SBV maintains it has successfully stabilized the foreign exchange market for now. <em>Analysts warn that achieving double-digit growth may be difficult if the central bank is forced to tighten policy to combat rising inflation, which recently breached the 4.5% ceiling.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Energy_Markets_UBS_Resets_Oil_Outlook\"><\/span>Energy Markets: UBS Resets Oil Outlook<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>UBS Group<\/strong> has significantly lowered its oil price projections as the <strong>Strait of Hormuz<\/strong> sees a rapid return of energy shipments. The bank now expects <strong>Brent crude to average $84 a barrel<\/strong> this year, a sharp $9 reduction from previous estimates, and has slashed its 2027 forecast to <strong>$75 per barrel<\/strong>.<\/p>\n<p>The revision follows an interim peace deal that allowed traffic to resume in the vital waterway, which handles roughly <strong>20% of global seaborne oil<\/strong>. <em>While UBS notes that the market may be overly optimistic about the speed of recovery, the influx of nearly 70 million barrels of previously stranded oil is expected to keep prices suppressed in the near term.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Activist_Activity_Elliott_vs_Northern_Star_Resources\"><\/span>Activist Activity: Elliott vs. Northern Star Resources<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Activist investor <strong>Elliott Investment Management<\/strong> issued a fresh statement regarding <strong>Northern Star Resources (<a href=\"\/stock\/NST\">NST<\/a>)<\/strong>, asserting that the need for a <strong>comprehensive strategic review<\/strong> remains unchanged. This comes despite the Australian gold miner naming <strong>Suresh Vadnagra<\/strong> as its next CEO and <strong>Michael Ashforth<\/strong> as its incoming Chairman.<\/p>\n<p>Elliott, which holds a stake worth over <strong>A$1 billion<\/strong>, has criticized the company for &quot;operational missteps&quot; and a share price that has fallen <strong>23% in 2026<\/strong>. <em>The firm is pushing for the addition of directors with deep gold mining operational expertise to maximize the potential of Northern Star&#39;s asset portfolio.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"US_Domestic_Trends_Housing_and_Education\"><\/span>U.S. Domestic Trends: Housing and Education<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The U.S. housing market has reached what experts call the &quot;most unrealistic&quot; state in a century. Current data indicates that an annual income of <strong>$113,000<\/strong> is now required to afford a median-priced home of <strong>$435,000<\/strong>, leaving the vast majority of Americans under 40 feeling that homeownership is significantly more difficult than it was for previous generations.<\/p>\n<p>Simultaneously, the <strong>higher education sector<\/strong> is bracing for a structural shift as the &quot;enrollment cliff&quot; begins. Driven by a <strong>17% decrease in births<\/strong> since 2007, the population of 18-year-olds is projected to drop by <strong>7.4% between 2026 and 2030<\/strong>, forcing many regional and private colleges to consider mergers or closures as tuition revenue shrinks.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Defense_and_Technology_Drone_Deterrence_in_Taiwan\"><\/span>Defense and Technology: Drone Deterrence in Taiwan<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Top U.S. diplomats in Taiwan are highlighting a <strong>&quot;drone saturation strategy&quot;<\/strong> as a primary tool for conflict deterrence. The strategy focuses on building a <strong>&quot;Democratic Drone Network&quot;<\/strong> to reduce reliance on China-linked supply chains and reinforce global deterrence.<\/p>\n<p>U.S. officials emphasized that <strong>unmanned aerial systems (UAS)<\/strong> are key to enhancing Taiwan&#39;s security. <em>The push for joint production aims to leverage Taiwan&#39;s manufacturing strengths to create a resilient defense infrastructure independent of PRC-sourced components.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Vietnam targets ambitious 10% GDP growth for the 2026-2030 period, even as the central bank warns of mounting 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