RETAIL, SERVICE REVENUE IN AUGUST PUT AT VND588 TRILLION
Vietnam’s retail and service revenue amounted to VND588.2 trillion in August, up by 10.6% year-on-year, driven by a spike in holiday-related activities on the occasion of the 80th anniversaries of the August Revolution and National Day (September 2). Data from the National Statistics Office showed that festival, cultural, and tourism events nationwide boosted consumer demand and service activities during the month.
FDI DISBURSEMENT HITS $15.4 BILLION IN EIGHT MONTHS, HIGHEST LEVEL IN FIVE YEARS
Việt Nam's foreign direct investment (FDI) disbursement reached US$15.4 billion in the January-August period, up 8.8 per cent from the same period last year, according to the National Statistics Office (NSO). This marks the highest level for the eight-month period in five years. Of the total, the manufacturing and processing sector received the lion’s share, with $12.57 billion, accounting for 81.6 per cent of all disbursed FDI.
TARGETING GDP PER CAPITA OF US$8,500 BY 2030
Total state budget revenue for the 2021-2025 period is estimated at VND9.4 million billion, far exceeding the set target. The Party Committee proactively proposed exemptions, reductions, and deferrals of taxes, fees, and land rents totaling about VND1.1 million billion, creating conditions for production and business recovery and earning high appreciation from the business community and the public.
VIETNAM ENJOYS TRADE SURPLUS OF NEARLY US$14 BLN IN 8 MONTHS
Vietnam’s total trade reached US$597.93 billion in the first eight months of 2025, up 16.3 percent year-on-year, reported the National Statistics Office. Specifically, export turnover grew 14.8 percent to US$305.96 billion, while import value rose 17.9 percent to US$291.97 billion, resulting in a trade surplus of US$13.99 billion.
FDI INFLOWS INTO DANANG SOAR NINEFOLD IN AUGUST
Danang attracted US$94.9 million in foreign investment in the first 20 days of August, more than nine times the level a year earlier. The August inflows were driven mainly by 10 newly licensed projects worth US$94.8 million. The city also recorded three cases of capital contributions and share purchases in local firms totaling nearly US$0.1 million, while no existing projects adjusted their capital.
VIETNAM’S WOOD EXPORTS EXCEED US$11 BILLION IN JAN-AUG
Vietnam’s wood and wooden product exports were estimated at US$1.45 billion in August, lifting the total in the first eight months of this year to US$11.1 billion, up by 6.3% year-on-year, government data showed. At a regular press briefing this morning, Deputy Minister of Agriculture and Environment Phung Duc Tien said production and exports of wood products had posted positive results despite severe weather events, including storms, floods and landslides.
HCM CITY LEADS AS SOUTHEAST REMAINS PRIME DESTINATION FOR FDI
Following the reorganisation of provinces and cities across the country, the southeast remains its most dynamic economic hub, with foreign direct investment inflows in the first seven months of this year running into billions of dollars. HCM City led with US$6.2 billion, followed by Đồng Nai with US$1.8 billion and Tây Ninh with US$1.215 billion, emphasising the region’s standing as a key destination for international investors despite the structural changes in governance.
VIỆT NAM’S AGRICULTURE POSTS STEADY 8-MONTH GROWTH DESPITE SOME EXPORT HURDLES
Việt Nam’s agriculture sector is cultivating a strong performance in 2025, with export turnover for the first eight months estimated at US$45.37 billion, up 12 per cent year-on-year, Deputy Minister of Agriculture and Environment Phùng Đức Tiến reported. The trade surplus reached $13.07 billion, marking a 10 per cent increase.
