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Tag: economy

Vietnam CPI Tracker: January Update [data set]

Vietnam’s Consumer Price Index was up 3.63 percent in January 2025 over January 2024. This was a jump from 2.94 percent in December. Note that around the Lunar New Year break prices tend to spike inline with increased demand. This year Tet was in January whereas last year it was in February which would explain the size of the jump.

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9 Vietnam Economy Data Sets Foreign Firms Should Track in 2025

As Vietnam continues to expand its role in global trade and attract foreign direct investment, understanding its economic trends is critical for maintaining investor confidence and ensuring sustainable development. Accurate and timely economic data allows international partners and financial institutions to assess Vietnam’s creditworthiness, economic stability, and growth potential. This article list several key economic data sets foreign firms should keep track of…

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Vietnam Business Climate Index records unusual jump in Q4

The European Chamber of Commerce in Vietnam’s Business Confidence Index for the fourth quarter of 2024 has recorded a jump of 15.5 points over the third quarter of the year. It should be noted, however, that the number of respondents was well below average for the year and given the time of year the results may be skewed.

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Estimated 15 percent increase in Vietnam credit growth in 2024

This is interesting in that credit growth limits were first introduced just over a decade ago to try to keep bank lending and by extension inflation under control, essentially acknowledging that the more money people have to spend the higher inflation will climb. This reality hasn’t changed, however, the connection between inflation and credit growth in Vietnam has, with the former going down this year while the latter has risen.

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Vietnam’s Economy in 2024: A Brief Recap

Vietnam had a bumper year in 2024 based on GDP figures alone. Released on Monday, data from the General Office of Statistics, found that the economy had increased in size by 7.09 percent, a significant jump from the 5.05 percent it recorded in 2023. But that’s not to say Vietnam is on a sure footing heading into 2025 (it actually looks more to the contrary) or that everyone was a winner…

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Average Salary in Vietnam Q4, 2024

Vietnam has a reputation for abundant low cost labour. This has been instrumental to its rise as a key global manufacturing hub. That said, wages can vary greatly across sectors and industries, and by region. This article discusses the average salary in Vietnam and provides a glimpse into what firms can realistically expect to pay their staff when starting a business in Vietnam.

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