Services & Trade
This category includes the service sector, retail, logistics, finance, e-commerce, and tourism, alongside trade policy and investment trends. It covers import/export dynamics, banking regulations, stock market movements, and infrastructure development. With increasing integration into regional and global trade, this section provides insights into consumer behavior, foreign investment, and evolving service industries.
Vietnam to remain on emerging market upgrade watch list: FTSE Russell March update
FTSE Russell has retained Vietnam on its Watch List for possible reclassification from Frontier to Secondary Emerging market status, citing ongoing progress but noting that key market access criteria are still unmet, according to the FTSE Equity Country Classification March 2025 Interim Announcement.
Vietnam credit growth hits 3.93 percent in Q1 2025
Vietnam’s banking system added nearly VND614 trillion (US$23.8 billion) in new credit during the first quarter of 2025, with total credit outstanding reaching VND16,230 trillion (US$629 billion), according to State Bank of Vietnam (SBV) Governor Nguyen Thi Hong. The quarterly growth rate of 3.93 percent outpaced the same period last year by more than double, The Investor is reporting.
Vietnam’s mobile wallet market set to surge to US$12.37 billion by 2033: Report
Vietnam’s mobile wallet industry was valued at US$782.4 million in 2024 and is forecast to reach US$12.37 billion by 2033, growing at a compound annual growth rate (CAGR) of 35.9 percent from 2025 to 2033, according to IMARC Group.
Vietnam’s security market to triple by 2033: Report
Vietnam’s security market reached an estimated US$601.6 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 13.18 percent, hitting US$1.83 billion by 2033, according to IMARC Group.
VN-Index rises 3.2 percent in Q1 2025, but trading volume lags 2024 average
Vietnam’s stock market ended the first quarter of 2025 with modest index gains and a recovery in March trading value, though average Q1 volumes remained below 2024 levels, according to data from the General Statistics Office.
Vietnam’s insurance premium revenue up 5.6 percent year-on-year in Q1 2025
Vietnam’s insurance market posted solid performance in the first quarter of 2025, with notable gains in non-life premiums, reinvested capital, and total assets, despite a decline in benefit payouts, according to data from the General Statistics Office.
What’s Next for Vietnam if Trump’s 46 Percent Tariff is Here To Stay?
Last week, the President of the United States Donald Trump announced sweeping tariffs on imports from all over the world. Among them was a 46 percent tariff on imports from Vietnam. This will have broad implications for Vietnam’s economy and the world economy more broadly. With this in mind, this article looks at what Trump hopes to achieve and the way he intends to achieve it, both of which make it look a lot like these tariffs are here to stay. That being the case, it also looks at the implications for Vietnam and ways it might be able to formulate an impact-mitigating response.
Vietnam’s Q1 2025 trade turnover hits US$202.5 billion, up 13.7 percent
Vietnam’s total trade in goods reached US$202.52 billion in the first quarter of 2025, rising 13.7 percent year-on-year. While exports rose by 10.6 percent to US$102.84 billion, a faster 17.0 percent increase in imports narrowed the country’s trade surplus to US$3.16 billion, according to a press release from the General Statistics Office.
Vietnam’s exports to China rise 16 percent in February
Vietnam exported US$4.24 billion worth of goods to China in February 2025, up 16.15 percent from US$3.65 billion in January, according to Vietnam’s General Department of Customs. This brought total exports to China in the first two months of the year to US$7.88 billion.
Vietnam’s imports from Canada rise 13 percent in February
Vietnam imported US$77.80 million worth of goods from Canada in February 2025, up 13.17 percent from US$68.75 million in January, according to Vietnam’s General Department of Customs. This brought total imports from Canada for the first two months of the year to US$146.57 million.
Vietnam’s exports to Indonesia climb 18 percent in February
Vietnam exported US$515.19 million worth of goods to Indonesia in February 2025, up 17.84 percent from January’s US$437.20 million, according to Vietnam’s General Department of Customs. This brought total exports to Indonesia in the first two months of 2025 to US$951.77 million.
Vietnam’s imports from Australia fall 10 percent in February
Vietnam imported US$515.61 million worth of goods from Australia in February 2025, down 9.79 percent from January’s total of US$571.61 million, according to Vietnam’s General Department of Customs. This brought total imports from Australia for the first two months of the year to US$1.08 billion.
Vietnam’s exports to the Philippines rise 9 percent in February
Vietnam exported US$442.63 million worth of goods to the Philippines in February 2025, an increase of 8.86 percent from US$406.61 million in January, according to Vietnam’s General Department of Customs. This brought total exports to the Philippines in the first two months of the year to US$849.44 million.
Vietnam’s imports from New Zealand rise 4 percent in February
Vietnam imported US$63.73 million worth of goods from New Zealand in February 2025, a modest increase of 4.02 percent compared to US$61.27 million in January, according to Vietnam’s General Department of Customs. This brought year-to-date imports from New Zealand to US$124.95 million.
Vietnam’s VN-Index down 19.17 points, foreign traders net sell US$107 million in stocks Friday
The Vietnam Stock Market Tracker provides a daily update of the latest developments in the stock market in Vietnam. This includes all of Vietnam’s most important indexes as well as the buying and selling activity of foreign traders, and the biggest gainers and losers for the day.
Vietnam’s exports to the US rise 16 percent in February
Vietnam exported US$10.50 billion worth of goods to the United States in February 2025, up 15.79 percent from January’s total of US$9.07 billion, according to Vietnam’s General Department of Customs. This brought the total value of exports to the US in the first two months of 2025 to US$19.56 billion.
Vietnam’s imports from Switzerland surge 43 percent in February
Vietnam imported US$65.71 million worth of goods from Switzerland in February 2025, marking a sharp increase of 42.94 percent from US$45.98 million in January, according to Vietnam’s General Department of Customs. This brought total imports from Switzerland in the first two months of the year to US$111.70 million.
Vietnam’s Novaland 2024 audit raises red flags over ability to continue operating
Novaland (NVL), one of Vietnam’s largest real estate developers, posted a VND 4,395 billion (approx. US$176 million) loss in 2024 and faces ongoing concerns about its ability to continue as a going concern, according to its latest audited financial statements and reported by CafeF.
Vietnam’s imports from the Philippines up 6 percent in February
Vietnam imported US$232.45 million worth of goods from the Philippines in February 2025, a 6.01 percent increase from US$219.30 million in January, according to Vietnam’s General Department of Customs. This brought total imports from the Philippines over the first two months of the year to US$451.66 million.
Vietnam’s imports from the UK edge down in February
Vietnam imported US$65.73 million worth of goods from the United Kingdom in February 2025, slightly down by 1.15 percent from January’s US$66.50 million, according to Vietnam’s General Department of Customs. This brought year-to-date imports from the UK to US$132.26 million.
In today’s Vietnam news: Facebook account theft ring shut down, Minimum wage to rise from Jan 1, Nuclear power project reorganisation proposed, No jail
In today’s Vietnam news: Research prosecution exemption, Fuel retailer losses, Semiconductor degree requirements, Eurocham BCI, Government bond auction Wednesday, Australia tourist visa problems, Coffee
In today’s Vietnam news: Accor-Sun Group agreement, US largest ethanol supplier, Demographic dividend to end 3 years early, Maritime economy development, ACV looking to
This is an interview with Chris Walker, a Vietnam Sourcing Expert with Vietnam Factory Tours how rising oil prices and the Middle East crisis are
This is an interview with John Gardner, CEO and Founding Partner, at Optimum Hospitality in Ho Chi Minh City. It covers fuel price impacts on:
This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It