Vietnam Market Outlook | December 2021

November overview

After two months of switching to the strategy of “living with COVID-19”, the recovery of Vietnam’s economy has shown positive signs. Manufacturing indexes (IIP and PMI) continue to improve as industrial centers across the country are ramping up production in the face of easing restrictions. Foreign direct investment capital showed encouraging signs in November as both registered and disbursed capital increased month-on-month and tended to surpass last year’s number. In addition, the CPI in November is still under control, but signs of inflation remain when the “new normal” of easing social distancing measures in big cities takes effect. However, the good news is that the average CPI in 11M2021 remains low compared to the Government’s 4% inflation target.

See details in the attachment below.