SUMMARY
Vietnam's GDP surged by 7.4% year-on-year in the third quarter of 2024, defying the significant damages incurred from Typhoon Yagi. Some positive developments include:
- The USD/VND exchange rate continued to decrease.
- The Consumer Price Index (CPI) continued to ease, aligning with expectations. Inflation pressure from now until the end of the year is expected to be manageable.
- Credit growth surged in September, exceeding the same period last year.
- Industrial production and exports continued to gain momentum in Q3, although there was a slowdown and decline in September due to the impacts of Typhoon Yagi.
- Notably, the GDP of the construction and real estate sectors also showed a significant recovery compared to the previous quarter.
TABLE OF CONTENTS
A. GENERAL PERCEPTION
B. ECONOMIC LANDSCAPE OF A PROVINCE
C. VIETNAM MACROECONOMICS
Gross Domestic Product (GDP)
Consumer Price Index (CPI) & Price of some essential goods
Domestic production situation
The scale of domestic sales
Import and export
Investment (Investment of the public sector, private sector, and FDI)
Business registration status
State budget
D. FINANCIAL MARKET
Credit system
Corporate Bonds
Government Bonds
Stock market
E. UPDATE OF SOME KEY INDUSTRIES
Insurance
Real Estate
Oil, Gas & Petrochemicals
Electricity
Tourism
Transportation & Logistics
Aviation
Steel
Cement
Textile, Garment and Footwear
Fertilizer
Seafood
Rubber
Agricultural products
F. COMMODITY PRICE
Currency pairs
Crude oil prices & Some types of commodities
International freight rates
[VI] VIETNAM MACRO AND INDUSTRY REPORT - OCTOBER 2024
Number of pages: 58 pages
Format: PDF
Release date: October 20, 2024