FDI Into Vietnam Up 5.4% in Jan-Feb đ
Vietnam's foreign direct investment (FDI) rose 5.4% year-on-year to $2.95 billion in February 2025, with FDI pledges advancing 35.5% to $6.90 billion. South Korea and Singapore were the top investors, while manufacturing and processing attracted the most FDI.
The increase in FDI, particularly in the manufacturing and processing sectors, is generally positive for the portfolio's exposure to the Vietnamese market and related industries. The impact is assessed as medium since the article does not provide specific details on the portfolio companies' involvement in Vietnam.
Vietnam Tourist Arrivals Up 23.7% in February đ
Vietnam saw a 23.7% year-on-year increase in international arrivals in February 2025, driven by strong growth from Asian and European markets.
The increase in international arrivals to Vietnam, particularly from key markets like Asia and Europe, is a positive development for the portfolio's exposure to the Vietnamese and broader Asian tourism and travel sectors.
Vietnam Posts Trade Gap for 1st Time in 9 Months đ
Vietnam posted a trade deficit of $1.55 billion in goods for February 2025, driven by a surge in imports of dairy, metal products, and automobiles, despite a 25.7% year-over-year increase in exports.
The trade deficit indicates a potential slowdown in Vietnam's economic growth, which could negatively impact the performance of the portfolio's exposure to the Vietnamese market and related sectors.
Vietnam Inflation Rate Eases to 3-Month Low đ
Vietnam's annual inflation rate eased to 2.91% in February 2025, a three-month low, driven by lower inflation in food, beverages, textiles, and transportation sectors.
The slowdown in Vietnam's inflation is a positive development, as it indicates a moderation in price pressures, which could benefit the portfolio's exposure to the Vietnamese market and related sectors.
Vietnam Retail Sales Growth Edges Down âšī¸
Retail sales in Vietnam declined by 9.4% year-on-year in February 2025, marking the 38th consecutive month of expansion but at a slower pace, as sales moderated for accommodation, food services, and goods, while trade growth accelerated for other services.
The decline in Vietnam's retail sales is not directly relevant to the given portfolio, which has a limited exposure to the Vietnamese market. The overall impact on the portfolio is expected to be neutral.