Vietnam Economic News Insight & Recap October

In October, Vietnam’s economic recovery became more evident, supported by improvements in the manufacturing sector, upward revisions to growth forecasts, steady inflows of FDI, and an expanding trade surplus. At the same time, external engagement advanced through strengthened relations with the United States and the United Kingdom, as well as deeper cooperation with Nasdaq, while losses from climate-related disasters emerged as a new challenge. Overall, rather than marking a new policy shift, October highlighted the acceleration and concretization of previously established directions, clearly signaling a transition into the implementation phase toward 2025.

In this edition of our Vietnam Economic News Insight & Recap, we examine key developments shaping Vietnam’s outlook:

• Vietnam–UK elevate relations to comprehensive strategic partnership
• Ho Chi Minh City partners with Nasdaq to develop IFC
• Vietnam’s ready-built factories attract strong FDI demand

We hope this month’s publication provides timely insights as Vietnam adapts to evolving global dynamics while pursuing its growth ambitions.