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Vietnam — Market Overview

Asia>Vietnam

🇻🇳 Vietnam

Vietnam often trades as one of Asia's clearest manufacturing and supply-chain relocation stories, but domestic property and credit conditions still matter greatly for market leadership. The cleanest read usually comes from export manufacturing demand, domestic property and bank stress, and whether policy support is broad enough to stabilize the growth mix.

Carte régionale

Faits clés

Vietnam en un coup d'œil

Capital

Hanoi

Currency

Vietnamese Dong (VND)

Primary exchange

Ho Chi Minh Stock Exchange

Central bank

State Bank of Vietnam

Region

Asia

Time zone

Asia/Ho_Chi_Minh

Country dashboard

Pourquoi ce marché compte

This first pass is built as a reusable country page instead of a static essay. The page now combines a stylized country map, a switchable line-chart explorer, and linked peer countries so users can move from Vietnam into the rest of the region without losing the macro frame.

Explorateur macro

Changez de variable, gardez le contexte du pays

GDP, inflation, labor, policy, and industrial activity are shown on a quarterly path from 2000 onward, while debt and the local equity benchmark come in when usable history exists. This keeps the page focused on fiscal room and macro regime while the broader official country pipeline keeps expanding.

Real GDP growth

Vietnam starter GDP-growth path anchored to sourced country profile readings; full official historical wiring is still pending.

2.0%4.0%6.0%8.0%10.0%201020112012201320142015201620172018201920202021202220232024
Cliquez sur une année pour zoomer à partir de ce point.

Variables disponibles

Real GDP growth

5.1%
Tendance 1 an-2.4%
Croissance moy.+0.2%

Ce que cela signale

GDP growth is published quarterly and annualized, so each point captures how fast real output was expanding or contracting versus the prior quarter at an annual rate. It matters because it is the broadest scorecard of domestic economic momentum and sets the backdrop for revenues, employment, and policy expectations. Versus a year ago, the series is lower by 2.4%, which points to a softer or less supportive backdrop on this measure. Across the displayed window, the broader trend is still upward.

Commerce et position extérieure

Exportations, services et balance extérieure

Plutôt qu'un mur générique de cartes macro, cette section se concentre sur la manière dont le pays attire la demande étrangère, où se situe son avantage commercial et comment évolue sa balance extérieure.

Échanges totaux VietnamVND 828,3 Md
Biens
Services
Biens
Services
ExportationVND 429,5 Md
VND 398,8 MdImportation
Balance extérieure2024
Exportations +VND 429,5 Md
Importations -VND 398,8 Md
Solde+VND 30,7 Md
VND 429,5 Md
Total exports

The full export figure, combining goods and services in one line. It is the cleanest way to read how much external demand Vietnam is capturing across both physical products and higher-value intangible flows.

VND 404,8 Md
Goods exports

This is the merchandise side of exports: industrial supplies, capital goods, autos, food, and other physical products. It matters because it reflects the health of manufacturing, energy, aerospace, and the broader global industrial cycle.

VND 25,0 Md
Services exports

This is the intangible side: finance, travel, licensing, business services, and IP-linked flows. It matters because it shows where Vietnam is strongest in higher-margin, knowledge-intensive, and branded service activities.

Composition des échanges

Ce que le pays exporte

Partenaires commerciaux

Où le pays commerce

Prisme des matières premières

Exposition aux matières premières

Trade openness173.9%

Trade in goods and services equaled 173.9% of GDP in 2024. This is a quick read on how externally exposed the economy is.

Services share of exports5.8%

Services represented 5.8% of total exports in the latest reading, which helps show whether the export mix leans more toward intangibles or merchandise.

Manufactures share85.0%

Manufactures accounted for 85.0% of merchandise exports in 2023.

Fuel share1.0%

Fuel exports accounted for 1.0% of merchandise exports in 2023, useful for reading commodity exposure.

Food share9.4%

Food exports accounted for 9.4% of merchandise exports in 2023, adding context on agricultural exposure.

Ce qu'il faut surveiller

Grille de lecture

01

manufacturing exports

Vietnam should first be read through manufacturing exports. When this regime shifts, local multiples and sector leadership usually shift with it.

02

property and credit cycle

The cleanest read usually comes from export manufacturing demand, domestic property and bank stress, and whether policy support is broad enough to stabilize the growth mix. That makes property and credit cycle one of the most important signals for revising the country narrative.

03

policy support

The final layer is policy support, because it determines whether the macro backdrop turns into sustainable earnings support for the VN-Index.

Autres pays

Poursuivez à travers Asia

Chaque carte ouvre le même modèle de pays avec sa propre carte, des variables macro permutables et une vue de référence. C'est le premier réseau lié de pages pays de la région.