Market Highlight 06.07.2026

Vietnam’s economy continued to record positive signs of recovery in the first half of 2026, showing that the growth foundation is gradually being reinforced amid continued volatility in the global economy. According to statistics, Vietnam’s GDP growth reached 8,39% in Q2/2026, 0,25% higher than the same period last year. Overall, in the first 6 months of 2026, GDP growth reached 8,18% from the same period last year, compared with 7,63% in the same period of 2025. Industrial production continued to play an important driving role, with the PMI remaining consistently above the 50-point threshold, reflecting improving business confidence and manufacturing activity. At the same time, accelerated public investment, continued growth in FDI inflows, and expanding import-export activity have helped create additional momentum for the economy. Although challenges remain, including an uneven recovery in domestic demand, input cost pressures, and the need to improve the quality of growth, macro indicators generally show that the economy remains highly adaptive. Notably, the increase in the number of businesses entering the market reflects improving business confidence, while inflation remains under control and within the target range, creating room for more flexible policy management in the period ahead. With a foundation of macroeconomic stability, support from public investment and FDI, and strong determination to reform administrative procedures, Vietnam’s economy has a basis to sustain its recovery momentum in the second half of the year, realize its double-digit growth target, and gradually shift its focus from quantitative expansion to quality improvement.

The USD Index fell by nearly 0,5% last week, marking its sharpest weekly decline since April, after a weaker-than-expected U.S June employment report reduced the likelihood of a FED rate hike in the near term. Domestically, interbank USD/VND closed the week at 26.295, down slightly by VND 5 from the start of the week.

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