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 News Roundup: April 11 to April 17

This week’s Vietnam news roundup covers the latest: EU trade remedies against Vietnamese steel, how industry is responding to the Trump Tariff turmoil, car sales data, electricity output, foreign trader activity, State Bank open market operations, and more…

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Drinks and tobacco prices in Vietnam rise in March 2025

In March 2025, the price index for drinks and tobacco in Vietnam saw an increase of 0.69% compared to the previous month, according to Vietnam’s Consumer Price Index. This contributed to a 0.09 percentage point rise in the overall CPI for March 2025.

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ADB maintains strong growth forecast for Vietnam but flags structural risks: Report

The Asian Development Bank (ADB) has maintained its 2025 GDP growth forecast for Vietnam at 6.0 percent, citing strong manufacturing, resilient domestic consumption, and increased public investment, according to its Asian Development Outlook (ADO) April 2024: Vietnam. Notably the report appears to have been compiled and completed prior to the tariff announcement made last week.

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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.

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Vietnam private sector uses HUBA workshop to call for equal treatment

Private business leaders voiced frustration over long standing inequalities in state policy, especially compared to state-owned enterprises, at a workshop hosted by the Ho Chi Minh City Business Association (HUBA), Friday. The leaders highlighted a need for institutional reform, transparency, and better access to land, finance, and international markets, VNExpress is reporting.

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Priority Customs Treatment in Vietnam for Foreign Firms

Earlier this month, the Dong Nai Department of Customs issued a decision suspending priority customs treatment for Panasonic. The decision does not specify exactly what the well known Japanese brand failed to do, only citing Article 45 of the Customs Law. The company has been suspended for 60 days from accessing priority customs treatment.

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5,459 Vietnamese worth more than US$10 million: Frank Knight

The Frank Knight Wealth Report 2025 has found that Vietnam has 5,459 individuals worth more than US$10 million. Compared to the other ASEAN states in the report this has Vietnam ranked last, however, per 100,000 of population it would rank fourth above Indonesia and the Philippines.

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Vietnam housing and utilities costs rise in February: CPI data

Housing, electricity, water, fuel, and construction materials costs in Vietnam increased by 0.55 percent in January, contributing 0.1 percentage points to the Vietnam’s Consumer Price Index. The rise was driven by increased housing demand and higher utility costs, according to Vietnam’s General Office of Statistics.

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Vietnam’s trade turnover reaches US$127.07 billion in first two months of 2025

Vietnam’s total import and export turnover in February 2025 was US$63.77 billion, marking a 0.7 percent increase from the previous month and a 32.6 percent rise compared to February 2024. For the first two months of 2025, total trade turnover reached US$127.07 billion, up 12.0 percent year-on-year. Exports rose by 8.4 percent, while imports saw a stronger increase of 15.9 percent. The country recorded a trade surplus of US$1.47 billion.

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