Despite recent losses driven by the Chinese stock rout, Vietnam's stock market is one of the few bright spots among emerging markets tracked by US investment bank Goldman Sachs.
Despite recent losses driven by the Chinese stock rout, Vietnam's stock market is one of the few bright spots among emerging markets tracked by US investment bank Goldman Sachs.
The main support was attributed to rising exports and the Vietnamese government's push to become an Asian manufacturing hub. The country's economic growth perked up to 6.4 percent in the second quarter from 6.1 percent during the previous three months.
Vietnam's benchmark VN-Index has gained 4.9 percent this year while US-based MSCI Inc's Next 11 equity gauge – which includes the Republic of Korea, Indonesia, the Philippines, Nigeria, Bangladesh, Egypt, Pakistan, Turkey, Mexico, Iran and Vietnam – has tumbled 19 percent this year.
Share prices in Brazil, Russia, India and China have also slumped 14 percent through late last week.
Late in August, Bloomberg reported that among the 30 largest emerging economy equity markets, Vietnam experienced the least losses while half of the markets were in bear territory of 20 percent or more, affected by China's yuan devaluation on August 11.
"Young populations and rising middle classes – characteristics that first lured Goldman Sachs to the Next 11 economies a decade ago – have failed to safeguard stock-market returns in a world facing higher US interest rates, tumbling commodity prices and a Chinese economic slowdown," Goldman said according to Bloomberg.
Withdrawals of exchange-traded funds in emerging markets were recorded at 1.7 billion USD in the first week of September, a tenth week of outflows. Divestments focused on the Republic of Korea, Mexico, Nigeria, Bangladesh, Indonesia, Egypt, Pakistan and Vietnam.
Goldman Sachs said emerging countries were vulnerable to China's slowdown and heightened anticipation of a US Federal Reserve interest-rate increase, expected this month.
However, it maintained a positive view on long-term investment in these countries since the MSCI Next 11 ex Iran GDP Weighted Index climbed 61 percent including dividends from the end of 2005 relative to a 46 percent return from the MSCI Emerging Markets Index.-VNA
The stock market development has contributed to accelerating the equitisation of State-owned enterprise and public investment restructure, but it can still play a greater role, heard a conference on stock market roles in Vietnam held in Ho Chi Minh City on May 15.
Prime Minister Nguyen Tan Dung urged Vietnam’s stock market to become more transparent and effective in line with market economy principles during a ceremony to celebrate the 15th anniversary of the HCM City Stock Exchange (HOSE) on July 25.
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.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
Illustrative Image (Photo:forbes.com)
