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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.
Currency: Vietnam central bank injects liquidity, dong weakens slightly
The State Bank of Vietnam (SBV) injected US$351 million via seven-day repos, on July 3, according to the latest data from the bank. It also set the central exchange rate at 25,091 dong per US dollar, marking a slight weakening from earlier in the week.
Trump’s Vietnam Trade Deal Announcement: Sectors to Watch
Yesterday, in a post on Truth Social, US President Donald Trump announced a trade deal with Vietnam that would impose a 40 percent tariff on goods transhipped through Vietnam and a 20 percent tariff on all other Vietnamese imports. This article looks at which sectors are most at risk of that higher 40 percent rate.
Currency: Vietnam liquidity stays tight as FX spreads widen, July 2
Vietnam’s monetary system remained under pressure on 2 July, with no new central bank liquidity support and widening black market FX spreads, highlighting continued strain on the dong, according to the latest data from the State Bank of Vietnam.
Manufacturing: Vietnam’s PMI falls to 48.9 in June on weaker export demand
Vietnam’s manufacturing sector faced renewed headwinds in June, with the S&P Global Manufacturing PMI slipping to 48.9 from 49.8 in May. This marked the third consecutive month below the 50.0 no-change threshold, indicating a modest deterioration in business conditions as the first half of 2025 closed.
Economy: Business confidence in Vietnam holds steady for Europe-linked firms — BCI Q2 2025
European business leaders continue to show strong long-term confidence in Vietnam, according to the EuroCham Business Confidence Index (BCI) for Q2 2025, even as global trade tensions and domestic challenges persist.
Currency: Vietnam dong weakens slightly, black market premium persists
The central exchange rate for the Vietnam dong rose slightly to 25,052 per US dollar today from 25,048 yesterday, up 0.02 percent, according to data from the State Bank of Vietnam (SBV). Meanwhile, black market rates, according to Ty Gia USD, continue to trade significantly higher, indicating persistent demand for US dollars outside official channels.
Economy: IMF urges Vietnam to boost policy flexibility amid trade tensions at end Article IV mission
The IMF’s 2025 Article IV mission to Vietnam, wrapped up this week, with mission chief Paulo Medas warning that global trade tensions and financial uncertainty pose serious risks to the country’s outlook.
Economy: Fitch says Vietnam GDP to grow 5.6 percent in 2025, affirms Vietnam at BB+ rating
Vietnam’s GDP is forecast to grow 5.6 percent in 2025 and 5.3 percent in 2026, down from 7.1 percent in 2024, Fitch Ratings has said. It has, however, also highlighted risks from rising leverage, trade policy uncertainty, and structural weaknesses in governance and the banking sector.
Vietnam’s Economy in May: Unpacked
Last Friday, the National Statistics Office (NSO) released its May economic update. For the most part, the data was on trend, however, it comes amidst broad trade uncertainty and a generally hazy global economic picture. Against this backdrop, this article breaks down the key data points and policy factors that shaped Vietnam’s economic landscape in May.
Import-Export: Vietnam trade turnover tops US$78.6 billion in May
Vietnam’s total import-export turnover in May reached US$78.64 billion, up 5.8 percent month-on-month and 15.5 percent year-on-year, according to the latest data from the National Statistics Office. In the first five months of 2025, total trade hit US$355.79 billion, up 15.7 percent compared to the same period last year.
Manufacturing: Vietnam’s Index of Industrial Production rises 4.3 percent in May
Industrial output maintained strong momentum in May, with the Index of Industrial Production (IIP) rising 4.3 percent month-on-month and 9.4 percent year-on-year, according to the latest data from the National Statistics Office.
Economy: Vietnam CPI hits 3.24 percent in May, up .16 percent month-on-month
Vietnam’s consumer price index (CPI) in May 2025 rose 0.16 percent month-on-month, driven mainly by higher housing, electricity, and dining-out costs. Compared to December 2024, CPI is up 1.53 percent, and 3.24 percent compared to May 2024, according to the latest data from the National Statistics Office.
Economy: OECD projects Philippines GDP growth 5.6 percent in 2025
The Philippines is forecast to grow by 5.6 percent in 2025 and 6.0 percent in 2026, driven by resilient household consumption and a gradual investment recovery, according to the latest OECD Economic Outlook 2025.
Economy: Indonesia’s OECD outlook sees steady growth through 2025, 2026
Indonesia’s real GDP is projected to grow by 4.7 percent in 2025 and 4.8 percent in 2026, according to the OECD Economic Outlook 2025.
Economy: Vietnam’s growth to moderate amid rising inflation and global uncertainty: OECD
Vietnam’s GDP growth is expected to ease to 6.2 percent in 2025 and 6.0 percent in 2026, as global trade tensions and policy uncertainty weigh on exports and foreign investment, according to the latest OECD Economic Outlook.
Currency: Vietnam central exchange rate reaches record high, breaks VND 25,000/US$1
The State Bank of Vietnam (SBV) raised the central exchange rate to VND 25,004 per US$1 on June 4, marking the first time it has crossed the 25,000 mark since the bank shifted to a floating peg in 2016, CafeF has reported.
Policy: Vietnam GS calls for national culture of thrift to drive sustainable development
General Secretary To Lam has called for greater thrift and efforts at fighting waste in Vietnam, in a wide-ranging article published Sunday. This, however, comes amid a push to grow Vietnam’s economy through domestic consumption.
Private sector development: Vietnam National Assembly approves support package for private sector
Vietnam’s National Assembly has passed a resolution with nearly 90 percent support to strengthen mechanisms for private economic development. Policies include land rent subsidies, interest rate support, tax exemptions, inspection limits, and legal protections for private enterprises, SMEs, and startups, Vietnam Biz has reported.
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.
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.
In today’s Vietnam news: South Korea – Vietnam leaders meeting, Vietjet COMAC lease agreement, EVN FiT eligibility problems proposed resolution, FDI firms fined over
In today’s Vietnam news: Vietnam-flagged LPG tanker passes Hormuz Strait, To Lam in China, Coffee concerns dry weather in VN, Coal mining output increase
In today’s Vietnam news: SBV ready to intervene in Forex market, US firm approved for wind power site survey, SBV to push for lower
In this interview, Michael Kokalari discusses how escalating tensions in the Middle East and disruptions in global energy flows could impact Vietnam’s economy, markets, and investment outlook.
This is an interview with Hugo Bosch, host of Ho Chi Minh Securities’ Emerging Asia Podcast, about the impact the conflict in the Middle East is having on Vietnam’s stock market.
This is a short interview with Vicente Nguyen, Chief Investment Officer at Asia Frontier Capital, regarding the Middle East conflict and its impact on Vietnam’s economy.