Vietnam Macroeconomic Report Q1 & April 2026

Executive Summary

Vietnam’s economy has demonstrated remarkable resilience and growth in the first four months of 2026. Despite global geopolitical tensions, the country achieved its highest first-quarter GDP growth in 15 years, reinforcing its position as a highly attractive destination for global investors.

Key Macroeconomic Highlights

• Exceptional GDP Growth: Q1/2026 GDP grew by 7.83% year-over-year (YoY), the highest Q1 growth recorded since 2011. The industrial and construction sectors were the primary drivers.
• FDI Surge: Registered Foreign Direct Investment (FDI) reached $18.24 billion, a massive 32% increase compared to the same period last year. Disbursed FDI also grew by 9.8% to $7.40 billion.
• Trade & Retail Momentum: Total import-export turnover surged by 24.2% YoY to reach $344.17 billion. Meanwhile, retail sales and consumer service revenues maintained strong momentum, growing by 11.1%.
• Stable Monetary Policy: The State Bank of Vietnam (SBV) has successfully maintained stable, supportive interest rates. Inflation (CPI) is well-controlled at an average of 3.99% for the first four months.
• Industrial Recovery: The Index of Industrial Production (IIP) returned to a solid growth trajectory, up 9.2% YoY, with the manufacturing and processing sectors leading the way.

[!NOTE] This data emphasizes Vietnam’s rapid industrial expansion and consumer market growth. Click the button below to download the full comprehensive PDF report.