Financial Times: Vietnam sees optimistic consumers
The latest quarterly survey from the Financial Times Confidential Research showed that Vietnamese consumer sentiment towards the economy is at a three-year high.
Hanoi (VNA) - The latest quarterly survey from theFinancial Times Confidential Research showed that Vietnamese consumer sentimenttowards the economy is at a three-year high.
The survey of 5,000 consumers across Thailand, Indonesia,the Philippines, Malaysia and Vietnam indicated that bullish Vietnameseconsumers are spending more as a robust economy fuels growth in householdincomes.
The research found young Vietnamese among the mostoptimistic about their country’s economic outlook, propelling the FTCR VietnamEconomic Sentiment Index to its highest level since the start of 2015.
It expected Vietnam to remain the fastest-growing of theregion’s major developing economies this year. The Southeast Asian economy grew6.8 percent last year, and the local government is expecting a faster pace thisyear.
The report also said a relatively large, young and cheaplabour pool is drawing foreign investors and turning Vietnam into a regionalmanufacturing hub in competition with Malaysia, Thailand and Indonesia. Itnoted that Samsung is the largest foreign investor, having invested 17 billionUSD in the country since 2009. Last year, around half of all of Samsung’shigh-end smartphones were made in Vietnam before being shipped worldwide.
However, the survey pointed to significant challenges facingthe Vietnamese Government in sustaining economic growth amid increasing publicdebt and tight State budget. The year 2018 is when the country begins torealise its commitments under 16 free trade agreements, which will result inzero tariffs for a range of products, directly affecting its budgetcollection.-VNA
Vietnamese consumers are the second-most optimistic in Asian-Pacific markets, according the latest survey on consumer confidence conducted by MasterCard.
Hanoi will intensify educational campaigns to raise public awareness about the rights of consumers as part of efforts to better protect consumers’ interests.
Up to 33 percent of Vietnamese buyers are open to considering an electric vehicle (EV) as their next car, demonstrating the country’s strong potential to speed up the electrification of automobiles.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Illustrative image (Source: VNA) 
