The VN-Index began 2025 on a low note, tumbling sharply in its initial trading days. Could the early arrival of Tet this year be prompting an early holiday break for capital flows, or are other factors pressuring investor sentiment? Time-off before Tet? In just two sessions on January 3 and 6, the VN-Index shed 24 points, dropping to a one-month low of 1,246 points. A higher-than-average trading volume combined with a declining index suggests that investors are actively selling stocks despite recent positive macroeconomic data. Vietnam’s GDP recorded an impressive growth rate of 7.55% in the fourth quarter of 2024, bringing the annual growth to 7.09%, well above the 6-6.5% target, according to the General Statistics Office. This result creates a solid foundation for the Government’s 2025 growth target of 8%. It also marks the second-highest growth rate in 17 years, surpassed only by the 8.02% achieved in 2022. Industrial production, trade, and foreign direct investment (FDI) showed strong performance. The Index of Industrial Production rose by 8.4%, the trade surplus reached US$24.77 billion, and FDI hit a record US$25.35 billion, up 9.4% year-on-year. Private sector investment also saw a notable 7.7% increase over 2023. Inflation was effectively managed at […]
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