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Vietnam Macroeconomic Commentary: June 2026

Vietnam’s trade deficit is growing and reaching levels last seen in 2010s. It is a result of rising input materials to make AI products and elevated oil prices. Surprisingly the local currency has been stable. We expect fiscal stimulus in the second half of the year.

Vietnam Macroeconomic Commentary: May 2026

Vietnam’s trade deficit is growing and reaching levels last seen in 2010s. It is a result of rising input materials to make AI products and elevated oil prices. Surprisingly the local currency has been stable. We expect fiscal stimulus in the second half of the year.

Vietnam Macroeconomic Commentary: April 2026

Vietnam’s economy is navigating a confluence of headwinds — surging oil prices due to US – Iran conflict, rising inflation, and a widening trade deficit — yet the Vietnamese Dong has barely budged.

Vietnam Macroeconomic Commentary: March 2026

January’s economic indicators demonstrate continued resilient exports to the U.S. alongside strong leading indicators suggesting that these robust exports will continue.  Also, consumption rebounded following the devastating floods in November and December.

Vietnam Macroeconomic Commentary: February 2026

January’s economic indicators demonstrate continued resilient exports to the U.S. alongside strong leading indicators suggesting that these robust exports will continue.  Also, consumption rebounded following the devastating floods in November and December.

Vietnam Macroeconomic Commentary: January 2026

January’s economic indicators demonstrate continued resilient exports to the U.S. alongside strong leading indicators suggesting that these robust exports will continue.  Also, consumption rebounded following the devastating floods in November and December.

Looking Ahead At 2026

Vietnam’s GDP growth accelerated from 7.1% in 2024 to 8% in 2025. Several factors supported the country’s growth last year, the two most notable of which were a 40% increase in Chinese tourist arrivals (Vietnam replaced Thailand as the most favored destination for Chinese tourists) and a 28% surge in exports to the U.S. (driven by an 80% jump in exports of laptops and other electronics products).

Vietnam Macroeconomic Commentary: December 2025

Vietnam’s GDP growth accelerated from 7.1% in 2024 to 8% in 2025. Several factors supported the country’s growth last year, the two most notable of which were a 40% increase in Chinese tourist arrivals (Vietnam replaced Thailand as the most favored destination for Chinese tourists) and a 28% surge in exports to the U.S. (driven by an 80% jump in exports of laptops and other electronics products).

Vietnam Macroeconomic Commentary: November 2025

Vietnam Macroeconomic Commentary: November 2025

Vietnam’s economy remains resilient despite November floods, with GDP growth projected at 7.5% for 2025 and 8% in 2026. Manufacturing surges, trade surplus widens, and interest rates rise slightly

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