Macro flash
06
August
Stable domestic growth amid early signs of export deceleration
Vietnam’s July economic report paints a mixed but overall encouraging picture. Export growth, particularly for sea-shipped goods, showed slowdown, and FDI inflows reflected increased investor caution amid ongoing tariff uncertainty....
07
July
Growth navigates new uncertainties
Vietnam's macro picture in June presented a nuanced story. On the external front, IIP persisted, but PMI softened from fewer new orders. This divergence suggests IIP's strength was largely due...
06
June
Growth holds, but storm clouds gather
Vietnam’s macro picture in May remained broadly positive, with IIP and FDI continuing to show strong performance, and inflation staying under control. However, momentum in manufacturing is softening, raising concerns...
06
May
Tariff clouds loom over solid performance
Vietnam’s macroeconomic picture in April remains broadly positive, with industrial production and trade indicators continuing to perform well. However, this may represent only a calm before the storm, as early...
08
April
Steady growth before global turbulence
GSO’s March statistics show that Vietnam’s economy continued to grow steadily ahead of Trump’s reciprocal tariffs. Domestic drivers such as retail sales and public investment accelerated further, serving as key...
06
March
Economic activities maintain momentum on domestic factors
Vietnam’s economic momentum remains strong, with domestic consumption emerging as the primary driver, according to GSO’s February report. While export turnover and export-driven industrial production grew at a slower pace...
06
February
Tet may mask a stronger economic performance
Vietnam’s economy showed resilience in January despite global trade war concerns. Accounting for a 22.7% reduction in working days due to Tet, our analysis suggests that export activities and industrial...
06
January
A brighter economic picture at year-end
The December economic report underscores a brighter performance in the final months of the year following a sluggish period marked by high global uncertainty. On the external front, exports regained...
06
December
An economic slowdown on external challenges
November economic report underscores early developments in a time of high global uncertainty. On the external front, exports slowed down further as overseas orders waned, as noted in recent PMI...
Featured Analysis
Derivatives: Declining liquidity
Market commentary: Green returns
VNM – Brief – [HOLD] – Gradually improved
Covered warrant: Liquidity hit a record high
USDVND moves sideways in an information-light week
Derivatives: Signs of caution
Market commentary: The market continued to move sideways
