VIETNAM ECONOMIC NEWS INSIGHT & RECAP - NOVEMBER 2025

Vietnam’s November economic indicators reflect a month shaped by operational resilience amid significant weather-related disruption. Export activity continued to hold up, contributing to a stable trade surplus, while rising credit demand pointed to firms rebuilding inventories and preparing for year-end production cycles. Manufacturing remained in recovery, and the increase in purchasing and hiring activity suggested that producers were broadly confident in maintaining output despite widespread storm impacts. Inflation rose mainly due to weather-driven food shortages rather than broad-based price pressures, which are expected to be regulated and remain within the government’s target of 4.5%. Meanwhile, FDI disbursements reached their highest eleven-month level in five years, underscoring continued investor confidence in Vietnam’s industrial and high-tech sectors and supporting the economy’s underlying stability as it moves toward the end of 2025.

As the year draws to a close, Vietnam is wrapping up 2025 with strong structural and strategic foundations and several key developments set to take effect. Major infrastructure projects in Ho Chi Minh City and other urban centers will enhance connectivity and logistics, while continued inflows of foreign investment, particularly in manufacturing, semiconductors, and high-tech industries, support production capacity and competitiveness. Domestic demand is gradually strengthening, supported by real wages and low unemployment, while banks maintain sufficient liquidity for ongoing credit flows to businesses and households. The OECD’s upgraded medium-term forecast highlights these strengths, pointing to sustained growth supported by consumption, investment, and gradual structural reforms. Overall, Vietnam is closing out the year with solid foundations, positioning its economy to maintain momentum and capitalize on emerging opportunities in trade, technology, and industrial development.

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