14:00 26/07/2025

Vietnam's macro fundamentals remain solid: Standard Chartered Bank

Vân Nguyễn

Vietnam's export growth picked up in early 2025, and the country continues to post modest trade surpluses.

Vietnam’s macro fundamentals remain solid,  according , the Government News quoted Standard Chartered Bank's latest macroeconomic update about Vietnam as reporting.

The bank highlighted that Vietnam's export growth picked up in early 2025, and the country continues to post modest trade surpluses; while imports have also grown, with raw materials, production equipment, and spare parts accounting for a significant share.

As a result, Vietnam recorded a strong trade surplus of $2.8 billion in June, which supported the VND and improved external balances.

The bank also revised its 2025 inflation forecast for Vietnam to 3.5%, from 3.8%. The upward reversal in inflation has stalled in recent months, with headline inflation staying below 4% year-on-year for the 11th consecutive month in June. This trend may reduce the scope for further monetary easing and could prompt policymakers to maintain a more neutral stance.

FDI flows have shown strong improvement, led by the manufacturing sector, and followed by the property sector. In the first half of 2025, disbursed FDI rose 8.1% to $11.7 billion, while pledged FDI rose 32.6% to $21.5 billion.