Vietnam’s Macroeconomic Update – February 2025

Summary of Key Information:

• In 2025, the world is witnessing major shifts, with Donald Trump assuming the U.S. presidency for the second time and implementing a series of reforms from day one. With a new strategic direction emphasizing a multipolar world rather than U.S. dominance, Trump is reshaping bilateral and multilateral relations in ways unseen for decades.
• The economies of the U.S. and China, the two global powerhouses, are also undergoing significant transformations. The U.S. appears to be preparing for short-term economic challenges in pursuit of long-term strategic goals, while China is solidifying its status as a technology leader by unveiling groundbreaking advancements in AI, robotics, and semiconductors.
• Vietnam’s economy has remained relatively stable in the first two months of 2025. However, the pressure to achieve this year’s growth targets is immense, coupled with global uncertainties that could hinder progress. On the other hand, Vietnam is aggressively implementing measures to meet its 2025 objectives, leaving room for optimism about positive outcomes for the year.

Vietnam Macro update February 2025 Eng