At the 2025 investment seminar organized by the Investment Newspaper, Mr. Trinh Ha - a strategic expert at Exness Investment Bank - shared that the US Federal Reserve (Fed) is likely to continue the river reduction roadmap to support growth. Petroleum exploitation is loosened to reduce energy price pressure.
In addition, the strong US dollar and high DXY index will put pressure on exchange rates in Asia, including Vietnam. Mr. Trinh Ha forecasts that the Vietnamese dong could depreciate by about 5% in 2024, extending the pressure into 2025, especially if fluctuations in US trade policy continue.
Mr. Hoang Quoc Anh, Investment Director at GHGInvest, said that Donald Trump’s trade protectionist policies in the next term could bring opportunities for Vietnam, especially in the fields of high-tech exports and semiconductor manufacturing. However, he also noted the risk of the US applying stronger trade defense measures, affecting Vietnam’s exports.
Consumption and investment trends: Optimistic signals, but still cautious
Ms. Dang Thuy Ha, Director of Consumer Insights at NielsenIQ Vietnam, said the study showed that 67% of Vietnamese consumers believe that their financial situation will improve in 2025. However, consumers remain cautious, with 69% closely monitoring the prices of essential goods and limiting spending.
Meanwhile, investing in gold, stocks and cryptocurrencies are emerging as popular choices. In particular, Gen Y and Z in Vietnam continue to lead the way in terms of interest in cryptocurrencies, making Vietnam the second country in the world in investing in this field.
Stock Market: Waiting for Upgrade Opportunity
Mr. Barry Weisblatt David - Director of Analysis at VNDIRECT, expects that Vietnam's stock market will be upgraded to emerging market status in 2025, creating an important premise to attract international investment capital. He emphasized that upgrading the national credit rating is even more important, helping to reduce borrowing costs and increase access to international capital flows.
