Vietnam Macro Update in May and important information in mid-June 2025:

Summary of key information:

• Geopolitical tensions are rising in the Middle East, although the parties have temporarily ceased hostilities, but they can explode at any time again. In addition, new points of conflict have emerged as well as developments in Russia – Ukraine are still in a more complicated direction
• The world economy is undergoing a reshaping, with leaders pursuing different strategies and contrasting with the patterns of the past decades.
• Vietnam’s economy continues to make steady progress. However, due to the pressure of major global changes as well as domestic restructuring to become more sustainable, while there is not much room for some policies, it is entirely possible that there will be short periods of volatility, less positive in the market and an opportunity for investors.

EN_GTJASVN_Macro Report_June2025