STOCK MARKET STARTS OFF MAY ON A POSITIVE NOTE AS KEY STOCKS GAIN POST-HOLIDAY
Việt Nam’s stock market opened May on a positive footing, with the VN-Index reclaiming the 1,240-point threshold despite low liquidity and cautious sentiment. The recovery was driven largely by gains in key large-cap stocks, particularly those under the Vingroup ecosystem. The session on May 5 also marked the first trading day operating under the new KRX system, aimed at modernising Việt Nam’s market infrastructure.
VIỆT NAM’S TEXTILE AND GARMENT INDUSTRY ACCELERATES EXPORTS
Việt Nam’s textile and garment industry is pressing forward with steady growth and enhanced positioning in the global supply chain, thanks to timely strategies in response to ongoing international challenges. As of April 15, Việt Nam’s total textile and garment export turnover reached US$1.8 billion, representing an 8.7 per cent increase compared to the same period in 2024.
PRIVATE ECONOMY DEFINED AS MOST IMPORTANT DRIVING FORCE
On behalf of the Politburo, General Secretary To Lam has signed Resolution No. 68-NQ/TW on development of private economy. Under the Resolution, private economy is defined as the most important driver of the national economy and the pioneering force in science and technology development, innovation and digital transformation.
PLANS IN PLACE TO BOOST SHIPBUILDING INDUSTRY
Việt Nam's shipbuiding industry aims to capture 0.8 per cent to 0.9 per cent of global output by 2030, focusing on general cargo ships of up to 70,000 tonnes, container ships, LPG carriers, and other service vessels. Domestically, the industry is tasked with meeting the need to renew and expand the national fleet. Việt Nam is setting its sights on strengthening shipbuilding by maximising the use of existing infrastructure and capitalising on its strategic geographical location, according to a new development plan.
VIỆT NAM TARGETS US$2.4 BILLION IN GAMING INDUSTRY REVENUE BY 2029
Việt Nam’s gaming industry is projected to reach US$2.42 billion in revenue by 2029, according to a recently released strategy on managing and developing online games in the country from 2025 to 2030. The sector is expected to generate $1.66 billion by 2025, with a compound annual growth rate of 9.77 per cent in the following years.
TRA FISH EXPORTS ON TRACK REACH CLOSE TO $2 BILLION IN 2025
Việt Nam's tra fish exports are expected to sustain strong momentum into 2025, with projected revenues reaching approximately US$2 billion, on par with 2024 figures, the Vietnam Association of Seafood Exporters and Producers (VASEP) has forecast. The growth outlook is driven by the global economic recovery post-pandemic and increasing international demand for affordable protein sources like tra fish, VASEP said.
VIỆT NAM’S LABOUR MARKET MODERNISED TOWARD DEEPER GLOBAL INTEGRATION
Việt Nam’s labour market has made significant strides, growing in scale and quality as it embraces modernisation, sustainability and deeper global integration, driven by proactive government policies. Through targeted measures, including more job-matching programmes, employment fairs and job creation loans, the Government has effectively connected provinces rich in human resources with key economic hubs.
CORPORATE PROFITS SOAR IN Q1 2025, LED BY BANKING SECTOR
As of April 28, a total of 685 listed companies, representing 40 per cent of market capitalisation across Việt Nam’s three stock exchanges, had released their first-quarter financial results, revealing a broad-based surge in profits. According to statistics from Yuanta, market-wide revenue and post-tax profit rose by approximately 20.1 per cent and 50.8 per cent year-on-year, respectively, buoyed by the low comparative base of 2024.
