New position and motivation for transformation from within
Sharing about Vietnam's opportunities in the new period, Mr. Manpreet Singh - Head of Senior Customer Positioning and Marketing at HSBC Vietnam - gave an interesting metaphor: In Vietnamese culture, Binh Ngo symbolizes persistent motivation and breakthroughs.
According to experts, this is the most appropriate image to talk about the new milestone that Vietnam has just achieved: Officially becoming a high-middle-income country. This achievement is not simply a change in the World Bank's classification table but also clearly reflects the confidence of a country that is no longer simply "new".
Vietnam has truly entered a new chapter, where the question is no longer whether we will continue to grow, but whether the investment market will evolve in time to support the aspirations of the people and do it in a sustainable way.
Solid economic foundation, stable foreign direct investment (FDI) flows and the rapid increase of the middle class are together writing the story of Vietnam's economy. The actual figures of 2025 have proven this strength with GDP growth reaching 8.02% and attracting up to 38.42 billion USD of FDI capital.
Vietnam not only maintains its position on the global investment map but is also becoming a pillar in the story of intra-regional growth in Asia. In particular, FTSE Russell's plan to upgrade Vietnam to the Secondary Emerging Market group, effective from September 21, 2026, is expected to become a magnet attracting the attention of large-scale international investors.
According to HSBC, the " galloping horse" momentum is reshaping the behavior of Vietnamese investors. Assets are increasing rapidly, forecasting a wealth increase of 125% by 2034. The wealthy class is shifting from domestic thinking to global investment, prioritizing diversification beyond real estate, gold, direct stocks, towards technology, consumption and green infrastructure.
To meet increasing expectations, the Vietnamese financial market is strongly shifting to the consulting model as the focus. The popularity of portfolio management entrustment (DPM) shows that professional discipline is gradually replacing emotional investment, helping investors avoid "noise" in the market and focus on long-term goals.
This is not just a change in capital management techniques, but a maturity in thinking, where the goal of life is placed at the center of the financial machine.
Resilience and flexible decisions
In the latest report, experts from VinaCapital analyzed that the US - Israel - Iran conflict is creating great pressure on the global energy supply chain. Faced with complex external fluctuations, the policy response of our Government is assessed by analysts as extremely drastic and proactive. Gasoline and oil regulation solutions have brought clear effectiveness. The temporary suspension of collection of some types of fuel taxes and flexible operation of the Price Stabilization Fund have helped curb the increase in retail gasoline prices at about 30%, much lower than the shocks in the world market. At the same time, Vietnam also recorded practical results in energy diplomacy when ensuring stable supply from strategic partners such as Russia, Japan, South Korea and China. Commenting on the scale of this support, Mr. Michael Kokalari, Director of Macroeconomic Analysis Department of VinaCapital, predicts that the level of government fiscal intervention to protect the economy may approach the 3% GDP threshold - a figure that proves strong commitment to maintaining macroeconomic stability.
Although VND deposit interest rates increased, exceeding 8% in many banks due to liquidity pressure and oil prices, the economy still showed significant resilience. This is a bright spot affirming management bravery: Not avoiding challenges but proactively creating policy space to respond flexibly.
Timely fiscal policies from the State are creating an effective risk "filter". It is in this challenging context that Vietnam has more opportunities to affirm its internal strength, prioritize protecting economic achievements and maintaining the necessary stability against all fluctuations from the international market. Instead of focusing only on short-term growth targets, the focus of macroeconomic management at this time is showing a clear priority for stability and adaptability of the economy.
