September total exports data is highly encouraging - Vietnam is on course to smash 2024 figures.
Given US tariffs went into effect on 7th August we await specific data on exports to the US for September to tell us the full story, but we’re optimistic that tariffs have only slightly dented US-bound exports.
Exports market diversification plan announced by PM, targeting 10% GDP growth in 2026.
Combining both CPI and core inflation provides a steady picture, black market rates for the dong versus USD deserve attention, exports continue to grow, and an active plan for export market diversification is underway. We’re bullish about Vietnam.
Interest Rates, Inflation & Currency
Recent National Statistics Office of Vietnam data show that the Consumer Price Index rose to 3.38% in September, following a rise to 3.24% in August from 3.19% in July. Broadly, looking at a trajectory reaching back to September 2024, where inflation was at 2.63% there has been a steady increase in inflation yes, b...
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