Vietnam Outlook – May 2025 – Bumpy prospects await

Posted:13/05/2025

  • Trade activities upheld positively in April. However, tariff turmoil disrupted Vietnam’s manufacturing sector, causing the PMI to hit a two-year low of 45.6.
  • Exchange rate pressures still linger despite DXY’s downfall. By the end of Apr, the interbank exchange rate hovered at 25,994 VND/USD (+2.1% compared to early 2025).
  • Deposit rate continued to decline in April albeit at a slower pace.
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