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MEMBER CORNER / PROMOTIONS
VIETNAM ECONOMIC NEWS INSIGHT & RECAP - APRIL 2025
In April 2025, Vietnam’s economy showed signs of strain amid mounting external pressures, particularly after the U.S. announced the imposition of new tariff rates on a wide range of Vietnamese goods. The World Bank revised its 2025 growth forecast for Vietnam down to 5.8%, citing weakened global demand and Vietnam’s high trade dependency on key partners like the U.S. and China.
BANKING / FINANCE / INSURANCE / TAX
VIỆT NAM’S FINANCIAL FIRMS HEAT UP WITH NEW WAVE OF M&A ACTIVITY
A new wave of mergers and acquisitions (M&A) is unfolding in Việt Nam’s financial sector, as commercial banks and securities firms accelerate their push into investment banking and asset management. The movement has intensified during the 2025 annual general meeting season. Among the most high-profile developments is Sacombank’s move to invest up to VNĐ1.5 trillion (US$57.8 million) in acquiring a controlling stake of over 50 per cent in a securities company.
TECHNOLOGY
BÀ RỊA-VŨNG TÀU ATTRACTS HIGH-TECH, ECO-FRIENDLY PROJECTS
Bà Rịa-Vũng Tàu Province is attracting high-tech and environmentally friendly industrial projects, with a focus on enhancing productivity, product quality, and sustainability. It is committed to selecting investments that feature clean technologies, low labour intensity and high added value. This approach has led to the establishment of several advanced industrial facilities, including the Hòa Phát Container Manufacturing Plant in Phú Mỹ City.
BANKING / FINANCE / INSURANCE / TAX
OPEN-END FUNDS KEEP ATTRACTING CAPITAL INFLOWS
Though capital flows into open-end funds have shown signs of weakening, amid investors' caution over the US tariff change, such fund is the only group that has continuously maintained net inflows since the fourth quarter of 2023. According to Đỗ Hồng Vân, Head of the financial data provider FiinGroup’s Data Analysis Division, equity funds suffered the strongest capital withdrawal pressure.
VIETNAM ECONOMY INVESTMENT
VIỆT NAM’S AUTO MARKET GAINS MOMENTUM IN EARLY 2025
The Vietnamese auto market is showing signs of a solid rebound in the early months of 2025, with both sales volume and consumer sentiment on the rise after a sluggish period in the previous year. Việt Nam Automobile Manufacturers’ Association (VAMA) members saw total vehicle sales of 29,585 units in April, the association said.
VIETNAM ECONOMY INVESTMENT
VIỆT NAM FORECAST TO BECOME WORLD’S SECOND-LARGEST RICE IMPORTER BY 2025–26
Việt Nam is projected to become the world’s second – largest rice importer in 2025-26, coming only after the Philippines, as the country must ramp up imports to meet export demand amid falls in domestic production, according to the latest World Agricultural Supply and Demand Estimates, released by the United States Department of Agriculture (USDA).
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