January Vietnam economic macro indicators continued to show clearer signs of improvement, particularly in manufacturing and exports. However, underlying risks and the delayed recovery of the domestic private sector (DDI), consumption, and the interest rate environment warrant close monitoring.

In 2025, Viet Nam’s economy reached a cyclical peak, with GDP growth accelerating to 8.02%—one of the highest rates recorded in nearly three decades—despite a backdrop of weakening global growth and heightened uncertainty. Growth momentum was broadly based across all three pillars of aggregate demand, underpinned by accommodative monetary conditions, early credit expansion, a renewed leadership role of public investment, and record-high disbursement of FDI inflows.

In 2025, Vietnam recorded peak-cycle growth, with GDP expanding by 8.02% year on year—one of the highest rates in nearly three decades—well above regional averages and most international forecasts, despite weakening global growth, rising uncertainty, and mounting domestic exchange-rate pressures.

Current Domestic Economic Conditions The domestic economy continues to show some positive results. Industrial production is expanding, and manufacturing activity remains in an expansionary phase. However, these improvements seem largely seasonal. They heavily rely on domestic demand, while external conditions are deteriorating rapidly. Export weakness is now synchronized across key markets. Shipments to the United States have declined for the fourth consecutive month due to t

The agro – forestry – fishery sector posts a trade surplus of US$15.21 billion in the first 10 months of this year