Vietnam
Everything Palanor holds about Vietnam, in one place: 125 public signals, what its economy runs on, how often America’s largest companies name it, the news that names it, and Country Posture. Every figure is computed from stored readings and carries its source and date.
AsiaAsia-Pacific
The latest read
- GDP in current U.S. dollars: $514.7 billion (2025); record high since 1990; 1y +8.1%.
- Household consumption, share of GDP: 53.2% of GDP (2025); record low since 1995; 1y −0.35 pts.
- Net exports, share of GDP: 6.15% of GDP (2025); 93rd percentile since 1990; lowest since 2022; 1y −0.3 pts.
- S&P 500 companies naming it on earnings calls: 0.66% of companies (2026-10-21); 9th percentile since Dec 2021; 1y −4.43 pts.
Country Posture
What Vietnam’s economy is doing
Momentum
2025Inputs only. Did not pass the pre-registered back-test: 1996–2009: AUC 0.590 below 0.60; AUC 0.590 below the single-input baseline (0.624); 2010–2022: AUC 0.595 below 0.60; AUC 0.595 below the single-input baseline (0.641).
Inputs
| Real GDP growth | 8.0 |
| Growth against its three-year average | 1.2 |
| Change in unemployment | -0.1 |
| Change in the employment rate | -0.3 |
| Export volume growth | — |
| OECD leading indicator | — |
Resilience
2025Withheld: 3 of 5 core inputs reported for 2025.
Inputs
| Interest as a share of revenue | — |
| Budget balance | — |
| Reserves, months of imports | 2.1 |
| Current account | 6.4 |
| Governance (WGI mean) | -0.23 |
| External debt (2024) | 28.8 |
Pressure
2024Inputs only. Did not pass the pre-registered back-test: 1996–2009: AUC 0.657 below the single-input baseline (0.672).
Inputs
| Inflation | 3.6 |
| Change in inflation | 0.4 |
| Currency move against the dollar | 1.6% |
| Conflict deaths per million | 0.0 |
| Political stability | 0.02 |
| Private credit, three-year change | — |
| Bond spread over U.S. Treasuries | — |
Posture describes what an economy is doing; it is not a rating and never ranks countries. Each input is read against the country’s own history and against every other economy that year. An axis shows a score only after passing a back-test fixed before any result was computed. Method and back-test.
Passport reach
Where a Vietnam passport opens doors
The share of world GDP, outside Vietnam itself, in the economies whose published rules let a holder of this passport in, as of October 2026. Palanor records the rules of destinations holding 88% of world GDP, from each government’s own list, and weights them by World Bank GDP for 2025. Rank is among 199 passports.
Work
0.9%rank 109 of 199
the right to work (free movement in full; treaty and working-holiday routes at half); 0 destinations in full, 2 at half.
Recorded changes
Reach is shown here and not weighted into Country Strength: it rewards membership of a free-movement area or a treaty more than the strength of an economy. Entry is always at the border officer’s discretion, and conditions (length of stay, fees, age limits) vary. Method, sources and the full ranking: Passports and citizenship.
Palanor calculation from each destination government's published rules; GDP weights from the World Bank (CC BY 4.0), one year for the whole line, so it moves only when a list changes.
GDP by expenditure
What Vietnam’s economy runs on
In 2025, household spending was 53.2% of GDP, government consumption 9.4%, investment 30.8% and net exports +6.2% (exports 98.2%, imports 92.1%).
World Bank national accounts. The parts can miss 100 by a few points (the statistical discrepancy).
Same World Bank definition for every country, so the shares compare directly: What each economy runs on.
IMF World Economic Outlook
The IMF’s outlook for Vietnam
The latest year before the October 2026 edition (often still an IMF estimate) and the IMF’s own projections. These are the IMF’s published forecasts, shown as published; Palanor does not project them further. Since the previous edition the IMF raised its growth forecast for this year by 1.3 percentage points (Palanor calculation).
| Measure | 2025 | 2026 IMF f’cast | 2027 IMF f’cast | 2031 IMF f’cast |
|---|---|---|---|---|
| Real GDP growth% | 8.0 | 8.4 | 7.5 | 5.7 |
| Inflation, average consumer prices% | 3.3 | 4.7 | 4.9 | 3.8 |
| Unemployment rate% of labor force | 2.2 | 2.1 | 2.2 | 2.2 |
| GDP, current US dollarsUS$ bn | 494.0 | 542.1 | 587.1 | 806.9 |
| GDP at purchasing-power parityintl $ bn | 1,838 | 2,059 | 2,283 | 3,083 |
| GDP per person, US dollarsUS$ | 4,829 | 5,259 | 5,659 | 7,609 |
| Current account balance% of GDP | 6.7 | 0.3 | 3.4 | 0.2 |
| Government gross debt% of GDP | 30.5 | 28.3 | 26.2 | 24.5 |
| Government overall balance% of GDP | -0.0 | -0.8 | -0.9 | -2.1 |
| Government primary balance% of GDP | 0.8 | -0.1 | -0.2 | -1.4 |
| Government net interest paid% of GDP · Palanor calc. | 0.8 | 0.7 | 0.7 | 0.7 |
Source: IMF World Economic Outlook Database (edition on the projection). Dashed: the IMF's published projection.
Source: IMF World Economic Outlook Database (edition on the projection). Dashed: the IMF's published projection.
Source: IMF World Economic Outlook Database, October 2026. Provided by the IMF “as is” and free of charge from the IMF; the IMF does not endorse Palanor. Net interest paid is a Palanor calculation: the IMF's primary balance minus its overall balance.
Discourse
How often S&P 500 companies name Vietnam
5 of 445 S&P 500 companies named Vietnam on an earnings call in the 90 days to 2026-10-21. 5.1% list it in the risk factors of their latest 10-K. Names only, counted by fixed rules set before any document was read; a mention says the country came up, not why.
News
In the news
- Global Policy Shifts Reshape Market Landscapes
Russia waits on Trump proposals, Ecuador secures Canada trade deal, and Vietnam targets social media access in a day of international regulatory moves.
Palanor Wire2026-07-25neutral
- Mangrove forests, a vital buffer between Vietnam's Ho Chi Minh City and an increasingly volatile sea, are at risk as the country's financial capital expands and construction reshapes its coastline.
The Associated Press · Bluesky2026-10-22neutral · -risk +expands
- India’s $100 billion European Free Trade Association cheque is slow to clear as Vietnam joins the club
Marketaux (financial news API)2026-10-21negative · -slow
- Glodon and Vietnam's Ministry of Construction Explore Collaboration on BIM and Digital Cost Management
Marketaux (financial news API)2026-10-19neutral
- Vietnam signs free-trade pact with European countries including Norway, Switzerland reut.rs/4ylpDOR
Reuters · Bluesky2026-10-18neutral
- Switzerland, Norway, Vietnam to sign free trade deal on Sunday, officials say reut.rs/4hK9vBA
Reuters · Bluesky2026-10-14positive · +deal
- EXCLUSIVE: EU seeks closer Vietnam ties on critical minerals in China hedge, documents show reut.rs/4ynHwwD
Reuters · Bluesky2026-10-14neutral
- Vietnam says trade talks with US nearly completed; US officials more cautious reut.rs/4hWXI1H
Reuters · Bluesky2026-10-14neutral
- Casting nets: floodwaters bring seasonal bounty to Vietnam's Mekong Delta
Marketaux (financial news API)2026-10-11neutral
- Teachers' low proficiency challenges Vietnam's ambition to make English second language: US testing giant
Marketaux (financial news API)2026-10-10neutral
- Darwin City Council to lead China and Vietnam trade delegation, after rate rise
Marketaux (financial news API)2026-10-09positive · +rise
- Markeiz Ryan moved to Ho Chi Minh City, Vietnam in 2019 after being honorably discharged from the Air Force.
″[Vietnam] just looked like so much fun and it really lived up to all the hype,” he said. “I ended up having the best time of my life, and that depression was [just] gone,” he says.
CNBC · Bluesky2026-10-09neutral
- Christmas opening expected for Vietnam's mega Long Thanh airport
Marketaux (financial news API)2026-10-07neutral
- Vietnam's banks tap investors for $7 billion as economy runs red hot reut.rs/4yBLjHG
Reuters · Bluesky2026-10-07neutral
Headlines that name Vietnam, matched by name with fixed rules (a wrong match is worse than a missing one). Tone is read from each headline’s own words; no model reads or summarizes an article, and other publishers’ stories link out.
Company graph
Companies headquartered in Vietnam
Palanor’s company graph holds 42 entities headquartered here (GLEIF headquarters address, else legal address).
Signals
Every series about Vietnam
Grouped by theme, the most-read first. All 125 in the Library.
Growth and output10 of 14
- Vietnam Goods Imports from the World (IMF)record high since Jan 1960; 1y +43.8%$49.6bn2026-06-01
- Vietnam Goods Imports from United States (IMF)99th percentile since Jan 1960; 1y +6.9%$1.72bn2026-06-01
- Vietnam Goods Exports to the World (IMF)record high since Jan 1960; 1y +43.2%$55.3bn2026-06-01
- Vietnam Goods Exports to United States (IMF)record high since Jan 1960; 1y +54.8%$21.3bn2026-06-01
- Vietnam Goods Exports to China (IMF)record high since Jan 1989; 1y +76.9%$9.88bn2026-06-01
- Vietnam Goods Imports from China (IMF)record high since Nov 1962; 1y +37.6%$21.2bn2026-06-01
- GDP per Person, Historical (Maddison): Vietnamrecord high since 1820; 1y +7.2%8,050.42022
- GDP, Historical (Maddison): Vietnamrecord high since 1820; 1y +8.0%833.82022
- Population, Historical (Maddison): Vietnamrecord high since 1820; 1y +0.7%103,573,510 people2022
- Vietnam · GDP · USD bn (current)record high since 1990; 1y +8.1%$514.7bn2025
Jobs and people at work1
- Vietnam — Avg annual hours worked per worker19th percentile since 1970; highest since 2012; 1y +1.0%2,160.5 hours/year2023-06-30
Trade and capital flows7
- U.S. Integrated Circuits Exports to Vietnam, 12 Months87th percentile since Dec 2013; highest since Sep 2025; 1y −9.0%1.85 $ billions2026-08-01
- U.S. Integrated Circuits Imports From Vietnam, 12 Months40th percentile since Dec 2013; 1y +36.6%1.63 $ billions2026-08-01
- U.S. Goods Trade With Vietnam (Exports + Imports)record high since 1992; 1y +40.2%209.5 $ billions2025
- Vietnam's Share of U.S. Goods Traderecord high since 1992; 1y +0.941 pts3.75% of U.S. goods trade2025
- Vietnam — FDI inflows (% of GDP)38th percentile since 1996; highest since 2022; 1y +0.0379 pts4.27% of GDP2025-12-31
- Vietnam — FDI net inflows ($)record high since 1996; 1y +9.0%21,990,000,000 current US$2025-12-31
- Vietnam · International Tourist Arrivals52nd percentile since 1995; lowest since 2009; 1y −78.7%3,837,000 arrivals2020
Energy and resources10 of 21
- Vietnamese Rice Export Price, 5% Broken (Monthly)66th percentile since Dec 2003; highest since Jan 2025; 1y +12.7%418.5 USD/mt2026-09-01
- Vietnam · Bioenergy Share of Electricity Generationrecord high since 2000; 1y +0.03 pts0.36% of generation2025
- Vietnam · Carbon Intensity of Electricity63rd percentile since 2000; lowest since 2022; 1y −3.8%458.9 gCO2e/kWh2025
- Vietnam · Coal Share of Electricity Generation87th percentile since 2000; 1y −1.39 pts47.8% of generation2025
- Vietnam · Electricity Generationrecord high since 2000; 1y +5.9%329 TWh2025
- Vietnam · Gas Share of Electricity Generationrecord low since 2000; 1y −1.05 pts5.98% of generation2025
- Vietnam · Hydro Share of Electricity Generation21st percentile since 2000; highest since 2022; 1y +2.39 pts31% of generation2025
- Vietnam · Other Fossil Fuels Share of Electricity Generation10th percentile since 2000; lowest since 2017; 1y −0.01 pts0.19% of generation2025
- Vietnam · Solar Share of Electricity Generation83rd percentile since 2000; lowest since 2020; 1y −0.3 pts10.3% of generation2025
- Vietnam · Wind and Solar Share of Electricity Generation94th percentile since 2000; 1y +0.04 pts14.7% of generation2025
Migration3 of 6
- International Migrant Stock: Vietnam (UN)record high since 1990326,418 people2024
- International Migrants as a Share of Population: Vietnam (UN)record high since 19900.32% of population2024
- Change in Migrant Share of Population Since 2000: Vietnam (UN)0.212024
AI stance and technology1
- AI User Share: Vietnam (Microsoft AI Diffusion)1y +6.70 pts27.9% of people aged 15-642026-06-30
Climate and the physical world6 of 8
- Vietnam CO₂ Emissions (Global Carbon Budget)record high since 1892; 1y +6.8%370.9 Mt CO₂2024
- Vietnam Cumulative CO₂ Emissions (Global Carbon Budget)record high since 1892; 1y +7.0%5.67 Gt CO₂2024
- NO2 Pollution Hotspots: Vietnam (Sentinel-5P, monthly)27th percentile since May 2018; lowest since Oct 2025; 1y +5.6%2.832026-09-01
- NO2 Pollution: Vietnam (Sentinel-5P, monthly)42nd percentile since May 2018; 1y +15.7%1.32026-09-01
- Vietnam · Plastic Emitted to the Ocean by Rivers · tonnes per year (2015)28,120 t/yr2015
- Vietnam · Share of Global River Plastic Emitted to the Ocean · % (2015)2.8% of world2015
Health and living standards6 of 7
- Births: Vietnam25th percentile since 1950; lowest since 1999; 1y −2.4%1,387,9612023
- Deaths: Vietnamrecord high since 1950; 1y +2.0%659,9802023
- Fertility Rate: Vietnam7th percentile since 1950; lowest since 2018; 1y −0.8%1.912023
- Median Age: Vietnamrecord high since 1950; 1y +1.5%32.4 years2023
- Population Aged 65 and Over: Vietnamrecord high since 1950; 1y +0.391 pts8.62% of population2023
- Population: Vietnamrecord high since 1950; 1y +0.7%100,352,192 people2023
More about this country2
- Vietnam · Exchange Rate per US Dollar (IMF)record high since Jan 1983; 1y +0.4%25,247 per USD2026-07-01
- Vietnam · Total Reserves incl. Gold (IMF)86th percentile since Jan 1995; 1y +3.1%$84.8bn2026-07-01
Peers
Elsewhere in Asia
Alphabetical. Palanor does not rank countries.
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