Vietnam entered 2026 with a generally solid macroeconomic environment. Manufacturing continued to expand, January’s FDI disbursement reached the highest level in the past five years, and total trade increased, although higher imports of production inputs led to a temporary trade deficit. Despite Tet-related consumption pressures, inflation remained contained, while international tourist arrivals hit a monthly record, supporting the recovery of the services sector.
However, while external institutions forecast growth of around 6–8%, the government targets 10%, implying the need for stronger policy execution and structural upgrading. Going forward, continued public investment is expected to play a central role in infrastructure development and investment climate improvement, alongside initiatives such as the establishment of an International Financial Center (IFC) in Ho Chi Minh City and the promotion of semiconductor and advanced manufacturing sectors, signaling a shift toward productivity- and value-added-driven growth.
In this edition of our Vietnam Economic News Insight & Recap, we examine key developments shaping Vietnam’s outlook:
- Public investment disbursement hits five-year high in 2025
- ARMO raises Vietnam’s economic growth forecast to 7.6% in 2026
- Vietnam saw mixed FDI signals at the start of 2026
We hope this month’s publication provides timely insights as Vietnam adapts to evolving global dynamics while pursuing its growth ambitions.
Vietnam Economic News Insight & Recap January
Vietnam Economic News Insight & Recap January
