Economic perspectives
16
October
FX pressures to subside toward year-end
Since the beginning of 2025, the Vietnamese dong has depreciated by approximately 3.5%, reflecting heightened exchange rate pressures following the return of President Trump and the ensuing global trade tensions....
26
September
Blockchain: A new era for Vietnam (P.1)
Vietnam is entering a new era in its blockchain journey, marked by the recent adoption of Resolution 05, which authorizes a five-year pilot program for regulated digital asset exchanges. This...
22
August
Vietnam’s IFC: What to know? (P.1)
Vietnam is entering a decisive stage in establishing International Financial Centers (IFCs) in Ho Chi Minh City and Da Nang, with the goal of mobilizing global capital and advancing long-term...
11
July
Transitioning into the Era of National Rise
Vietnam’s economic growth is expected to moderate in 3Q25 as both global and domestic conditions become less favorable. Specifically, we forecast real GDP to grow by 6.5% YoY in 3Q25,...
03
April
Reciprocal tariffs: A painful blow
The U.S. has announced a sweeping reciprocal tariff policy affecting over 180 countries, marking a shift toward intensified trade tensions. Vietnam was hit particularly hard with a 46% tariff, much...
28
March
Reciprocal tariffs: Fueling trade tensions
The global economy has remained in turmoil since Mr. Trump returned for a second term, and it is likely to face even greater volatility as reciprocal tariffs—measures that will further...
13
February
SBV calibrates FX quotation amid global uncertainties
On 11 February, 2025, SBV revised its methodology for determining USD selling and buying prices, shifting to a daily adjustment mechanism based on central rate fluctuations instead of maintaining fixed...
21
January
Trump’s inauguration: What to expect?
President Donald Trump began his term with sweeping executive actions, focusing on energy and immigration. He declared a national energy emergency to boost domestic production and withdrew from the Paris...
06
November
Vietnam economic activities decelerate on Yagi Typhoon aftermath
GSO’s October report shows that Vietnam's economy has slowed down in several aspects due to the lingering impact of natural disasters in the previous month. The export value grows softer,...
Featured Analysis
Market commentary: Market recovery
Derivatives: Waiting for further confirmation
DPM- Brief – [NONRATED] – 3Q25: Benefiting from Selling Prices
Derivatives: Bullish piercing pattern
Market commentary: Bottom-fishing demand
Market traders: Proprietary traders turned net buyers again
QTP – Earnings review – [BUY] – 3Q25: Earnings dented by margin pressure
