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Tag: economy

The Economy category covers macroeconomic trends, fiscal policies, trade performance, and financial markets. It explores GDP growth, inflation, employment, investment flows, and regulatory changes, providing insights into economic stability, global trade relations, and policy impacts. This section serves as a resource for businesses, investors, and analysts monitoring economic developments.

 

Vietnam Imports Tracker: April Update [data set]

Vietnam’s imports reached US$36.9 billion. This was the same as March which also recorded US$36.9 billion in imports. Top import categories were computers, electrical products, spare-parts and components thereof; machines, equipment, tools and instruments; and fabrics, according to the latest data from Vietnam Customs.

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Vietnam CPI Tracker: April Update [data set]

Vietnam’s Consumer Price Index was up 3.12 percent in April 2025 over April 2024. This represents a 1.37 percent jump over the end of last year. The biggest increases were seen in housing and construction materials which was up 5.73 percent and medical services which climbed 17.65 percent.

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Vietnam Exports Tracker: April Update [data set]

Vietnam’s exports jumped to US$38.5 billion in March up from US$31.1 billion in February. This represents an increase of 23.79 percent. Notably, March is a few days longer than February which may have contributed to the size of the increase.

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Inflation: Vietnam’s CPI up 3.2 percent year-to-date in April 2025

Vietnam’s April 2025 CPI rose 0.07 percent month-on-month and 3.12 percent year-on-year and was up 1.37 percent since December 2024, according to the latest data from the National Office of Statistics. Year-to-date CPI (Jan–Apr) also increased 3.2 percent with core inflation up 0.21 percent month-on-month and 3.05 percent year to date.

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Economy: Vietnam PM holds steady on 8 percent growth target despite US tariff threat

In a report delivered to the National Assembly, Prime Minister Pham Minh Chinh has outlined a sweeping economic agenda centred on sustaining growth, diversifying markets, and negotiating a resolution to the proposed US “reciprocal” tariffs. He has said the government intends to maintain its growth target of 8 percent for 2025, even as it faces rising trade tensions with the United States. 

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Marx to the Market: A Brief History of Vietnam’s Post-Reunification Economic Development

Fifty years ago this month, the citizens of Ho Chi Minh City were watching the skies as US military helicopters evacuated the last of their personnel. Conversely, this month, in 2025, the citizens of Ho Chi Minh City looking skyward are unlikely to see US helicopters and instead more likely to see the VN Pay logo made up of tens of hundreds of drones. An advertisement for a banking and finance app to be sure, this is also largely emblematic of just how far Vietnam’s economic ideology has shifted in the last 50 years.

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Vietnam foreign exchange market to reach US$7.9 billion by 2033: Report

Vietnam’s foreign exchange market reached US$3.4 billion in 2024 and is forecast to more than double to US$7.9 billion by 2033, with an expected compound annual growth rate (CAGR) of 9.61 percent during 2025–2033. The sector is expanding on the back of robust exports, foreign direct investment, and growing financial market sophistication, according to a report from IMARC Group.

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Vietnam News Roundup: April 18 to April 24

This week’s Vietnam news roundup covers the latest: updates in the FW Aviation vs VietJet UK court case, rising bad debt data, a new factory for Nestle, skyrocketing gold prices, State Bank open market operations, and more…

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Gold price hits new record in Vietnam

Vietnam’s domestic gold prices surged to a new record on April 22, with gold bars from Saigon Jewelry Company (SJC) reaching VND 122.5 million (US$4,767) per tael or approximately US$3,973–US$3,972 per troy ounce, driven by soaring global prices and rising demand for safe-haven assets, the Vietnam News Agency is reporting.

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Philippines: IMF trims 2025 GDP growth forecast to 5.5 percent

The International Monetary Fund (IMF) has revised down the Philippines’ GDP growth forecast for 2025 in its April 2025 World Economic Outlook, while inflation expectations have been nudged upward. The new projections show real GDP expanding by 5.5 percent in 2025, a modest downgrade from 5.8 percent in October 2024, with a forecast of 5.8 percent for 2026.

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GDP: IMF forecasts Vietnam growth to reach just 4 percent in 2026

Vietnam’s near-term economic outlook has dimmed slightly, with the International Monetary Fund (IMF) lowering its GDP growth forecast for 2025 and 2026 in its latest April 2025 World Economic Outlook. Real GDP is now projected to grow 5.2 percent in 2025 and 4.0 percent in 2026, compared to 6.1 percent and 6.1 percent in the October 2024 forecast. This marks a downward revision of 0.9 percentage points for 2025 and a sharp 2.1 points for 2026.

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April 2025
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