SUMMARY
 
Many bright spots in the Q3 economic picture, but challenges and difficulties are still huge. GDP in Q3 increased by 5.33% compared to the same period in 2022. This increase is due to the significant improvement of the manufacturing and processing industry group. However, cumulatively in 3Q/2023, GDP only increased by 4.24% over the same period. With this result, the Government's growth target of 6.5% in 2023 is a challenge and almost impossible.
 
Some positive points in production and business: Industrial production continues to recover month by month. Actual production output of many industries in Q3/2023 has reached a high level compared to historical quarters. The consumption index is also improving, thanks to a clear improvement in the export situation in August and September.
 
However, there are still many challenges for businesses in the short term: Selling prices of many products and export processing service prices are still low. Competitive pressure from major competitor markets. In addition, the risk of uncollectible accounts for international customers is increasing in many industries,...
 
TABLE OF CONTENTS  
 
A. OVERVIEW
General perception
Overview of macroeconomic indicators
A brief overview of some industries
 
B. VIETNAM MACROECONOMICS
Gross Domestic Product (GDP)
Consumer Price Index (CPI)
Production situation
Consumption scale
Import and Export
Foreign Direct Investment (FDI)
Business registration status
State budget
Disbursement of public investment capital
 
C. FINANCIAL MARKET
Credit system
Corporate Bonds
Government Bonds
Stock market
 
D. UPDATE OF SOME KEY INDUSTRIES
Insurance
Electricity
Tourism
Transportation & Logistics
Steel
Cement
Textile, Garment and Footwear
Fertilizer
Animal feed
Animal husbandry
Seafood
Rubber
Rice
Cashew
 
E. COMMODITY PRICE
Crude oil prices
Currency pairs
Some types of commodities
International freight rates