Vietnam Outlook – Febuary 2026 – Vietnam gallops forward to new heights
Posted: Feb 25, 2026
- Export-import turnover in Jan increased by 30% and 49% yoy respectively, while the manufacturing sector remained positive with the PMI staying above the 50-point threshold for the seventh consecutive month.
- Exchange-rate pressure eased in the first month of the year in line with the sharp depreciation of the USD. The interbank exchange rate ended the month at 26,025 VND/USD, down 0.9% from the start of the year, marking its lowest point since mid-June 2025.
- We forecast 2026 GDP growth of 8.5% – 8.7% yoy, fuelled by accelerated public investment and manufacturing recovery.
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